f(x) Protocol is a decentralized stablecoin and leverage trading system on Ethereum. Its core product is fxUSD, an overcollateralized stablecoin backed solely by stETH and wBTC, with no off-chain custody. Users can borrow fxUSD against stETH or wBTC collateral for a flat one-time fee, or open leveraged long and short positions on ETH and BTC, which loop fxUSD against the same collateral for up to 7x exposure. Both paths mint fxUSD against the same backing. Yield is generated from two real sources: stETH staking rewards on the underlying collateral, and fees paid by borrowers and leverage traders. That yield flows to the Stability Pool, where users can deposit fxUSD or USDC to earn it. The yield is organic, with no FXN emissions or token inflation funding it.
Project description as published by the project (via CoinGecko). Not written or verified by BuyMeWhiskey and not a prediction or recommendation.
Daily closes, 2025-10-18 to 2026-10-17: low $10.30, high $55.55.
Date (UTC day)
Close
Change
Volume
2026-10-17 (live)
$23.06
-2.29%
$18,641.73
2026-10-16
$23.60
+9.91%
$45,619.24
2026-10-15
$21.47
-2.69%
$33,539.83
2026-10-14
$22.06
-2.32%
$146,840
2026-10-13
$22.59
-13.98%
$215,212
2026-10-12
$26.26
-3.85%
$46,426.16
2026-10-11
$27.31
+4.18%
$44,525.82
2026-10-10
$26.22
-3.96%
$35,090.92
2026-10-09
$27.30
-11.98%
$65,579.75
2026-10-08
$31.01
-6.39%
$20,426.18
2026-10-07
$33.13
-0.61%
$14,794.45
2026-10-06
$33.34
-3.04%
$77,739.92
2026-10-05
$34.38
+3.60%
$38,715.73
2026-10-04
$33.19
-1.12%
$17,721.82
2026-10-03
$33.56
-0.56%
$39,890.99
2026-10-02
$33.75
+6.43%
$127,019
2026-10-01
$31.71
+3.45%
$70,758.50
2026-09-30
$30.65
+3.20%
$145,239
2026-09-29
$29.71
-3.13%
$39,374.44
2026-09-28
$30.67
-1.32%
$22,182.52
2026-09-27
$31.08
+0.49%
$21,689.65
2026-09-26
$30.93
+2.03%
$59,358.65
2026-09-25
$30.31
-2.62%
$39,701.67
2026-09-24
$31.13
-1.13%
$20,143.87
2026-09-23
$31.48
-4.90%
$64,679.68
2026-09-22
$33.11
+18.75%
$145,621
2026-09-21
$27.88
-6.02%
$60,762.41
2026-09-20
$29.66
+0.76%
$26,887.12
2026-09-19
$29.44
+6.59%
$53,703.45
2026-09-18
$27.62
+2.23%
$66,682.24
Daily analysis log
A dated, factual note for every day: the move vs the prior day, vs the 7, 30 and 200-day averages, volume vs average and distance from the all-time high. Newest first.
Oct 17, 2026
f(x) Protocol (FXN) down 2.3% vs yesterday's close, 90% below its record
Price $23.06, -2.29% vs the prior day's $23.60.
Versus 7-day average $23.77 (-2.97%); 30-day average $29.25 (-21.17%); 200-day average $17.65 (+30.62%).
24h volume $18,641.73, 0.29x its 30-day average.
89.5% below the all-time high of $219.95 (2024-03-13).
Oct 16, 2026
f(x) Protocol (FXN) up 9.9% vs yesterday's close, 89% below its record
Price $23.60, +9.91% vs the prior day's $21.47.
Versus 7-day average $24.22 (-2.54%); 30-day average $29.39 (-19.69%); 200-day average $17.61 (+34.05%).
24h volume $45,612.00, 0.68x its 30-day average.
89.3% below the all-time high of $219.95 (2024-03-13).
Oct 15, 2026
f(x) Protocol (FXN) slips to a 30-day low
Price $21.47, -2.69% vs the prior day's $22.06.
Versus 7-day average $24.74 (-13.23%); 30-day average $29.48 (-27.17%); 200-day average $17.55 (+22.32%).
24h volume $33,539.83, 0.50x its 30-day average.
90.2% below the all-time high of $219.95 (2024-03-13).
Oct 14, 2026
f(x) Protocol (FXN) volume jumps to 2.4x its 30-day average
Price $22.06, -2.32% vs the prior day's $22.59.
Versus 7-day average $26.11 (-15.49%); 30-day average $29.71 (-25.75%); 200-day average $17.51 (+25.99%).
24h volume $146,840, 2.36x its 30-day average.
90.0% below the all-time high of $219.95 (2024-03-13).
Oct 13, 2026
f(x) Protocol (FXN) volume jumps to 3.7x its 30-day average
Price $22.59, -13.98% vs the prior day's $26.26.
Versus 7-day average $27.69 (-18.42%); 30-day average $29.94 (-24.56%); 200-day average $17.47 (+29.30%).
24h volume $215,212, 3.74x its 30-day average.
89.7% below the all-time high of $219.95 (2024-03-13).
Oct 12, 2026
f(x) Protocol (FXN) down 3.8% vs yesterday's close, 88% below its record
Price $26.26, -3.85% vs the prior day's $27.31.
Versus 7-day average $29.22 (-10.14%); 30-day average $30.21 (-13.08%); 200-day average $17.43 (+50.68%).
24h volume $46,426.16, 0.79x its 30-day average.
88.1% below the all-time high of $219.95 (2024-03-13).
Oct 11, 2026
f(x) Protocol (FXN) up 4.2% vs yesterday's close, 88% below its record
Price $27.31, +4.18% vs the prior day's $26.22.
Versus 7-day average $30.38 (-10.11%); 30-day average $30.29 (-9.83%); 200-day average $17.37 (+57.22%).
24h volume $44,525.82, 0.75x its 30-day average.
87.6% below the all-time high of $219.95 (2024-03-13).
Oct 10, 2026
f(x) Protocol (FXN) slips to a 30-day low
Price $26.22, -3.96% vs the prior day's $27.30.
Versus 7-day average $31.22 (-16.04%); 30-day average $30.26 (-13.36%); 200-day average $17.31 (+51.45%).
24h volume $35,090.92, 0.59x its 30-day average.
88.1% below the all-time high of $219.95 (2024-03-13).
Things to know before you trade FXN
Volatility: over the last 30 days FXN moved an average of 4.45% per day (annualized volatility about 115%), with 8 day(s) moving more than 5%.
Liquidity: 24h volume is $18,641.73, about 0.5% of market cap. Volume this low relative to size can mean wider spreads and bigger price impact on larger orders.
Supply: 8.2% of the 2,000,000 max supply is circulating; 1,835,851 FXN could still enter circulation.
Supply change: circulating supply changed +0.00% between 2026-10-16 and 2026-10-17.
Dilution: fully diluted valuation ($28.49 million) is 7.5x the current market cap.
Where it trades: highest reported 24h volume on Curve (Ethereum) ($40,064.11).
Drawdown: FXN is 90% below its all-time high.
Small cap: smaller coins tend to be more volatile and easier to move with less money.
Risk: crypto prices can fall sharply and you can lose all of the money you put in. This page is information only, not advice.
FAQ
What is the price of f(x) Protocol (FXN) today?
f(x) Protocol is trading at $23.06 as of Oct 16, 2026, 10:32 PM ET, -0.29% over 24 hours (CoinGecko).
What is f(x) Protocol's market cap?
$3.78 million, ranked #1866 by market cap.
What is f(x) Protocol's all-time high?
$219.95, set on 2024-03-13. It is -89.51% from that level now.
How many FXN are in circulation?
164,149 FXN circulating out of a max supply of 2,000,000.
Information only. Not financial or investment advice and not a recommendation to buy, sell or hold any asset. No price predictions. Data: CoinGecko; may be delayed or inaccurate.