Leveraged frxETH Price
XFRXETHThis cryptocurrency is not listed for trading or services on Gate.
Leveraged frxETH (XFRXETH) Price Live Chart
Leveraged frxETH (XFRXETH) Price Today
Leveraged frxETH(XFRXETH) price today is $0.8446, with a 24-hour trading volume of -- and as such Leveraged frxETH(XFRXETH) has a market cap of --, giving it a market dominance of 0.0000074%. The Leveraged frxETH(XFRXETH) price moved -2.37% in the last 24 hours.
XFRXETH Price Data
- All-Time High(ATH)$1.32
- 24h High$0.8796
- All-Time Low(ATL)$0.285
- 24h Low$0.8423
XFRXETH Market Cap Infos
- Fully Diluted Valuation$306.31K
- Market SentimentNeutral
XFRXETH Supply
- Total Supply362.66K XFRXETH
- Max Supply∞
*Data is for reference only
About Leveraged frxETH (XFRXETH)
Contract
0x2bb0c32...e0dc6c82c
The xfrxETH token, also called leveraged frxETH, is a decentralized, composable leveraged long frxETH futures contract with a low risk of liquidations and 0 funding fee (and in extreme cases, xETH minters can earn fees).
It’s a token to amplify your gains on a long-term bet on ETH price growth.
As the price of the reserve token varies, so too does the amount of base token a user may redeem for each of the stable and volatile tokens. The stable token is held fixed at a USD value of $1, so as the price of stETH in the reserve rises, the volatile token price rises at a multiple rate of stETH. Based on the performance of xETH, this multiple generally varies between 1.5x — 4x though though it can rise as high as 4.3X before the protocol responds to limit it.
