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 $1.03, with a 24-hour trading volume of -- and as such Leveraged frxETH (XFRXETH) has a market cap of --, giving it a market dominance of 0.000009%. The Leveraged frxETH (XFRXETH) price moved +2.80% in the last 24 hours.
XFRXETH Price Data
- All-Time High(ATH)$1.32
- 24h High$1.03
- All-Time Low(ATL)$0.285
- 24h Low$1
XFRXETH Market Cap Infos
- Fully Diluted Valuation$374.63K
- 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.
