Market data as of ,
the same daily snapshot the tracker publishes. Peg drift is the
largest single-day distance from par over the last 30 days, for USD-pegged tokens only.
fxUSD is f(x) Protocol's USD-pegged stablecoin. The official site states that fxUSD is backed by wstETH and WBTC and can be minted or redeemed through protocol mechanisms rather than through fiat reserves.
Chains holding at least $1M of this token, from the daily cross-chain compilation.
The total may differ from the market capitalization above, which is a separate
measurement.
03
Contract addresses
2 chains
Chain
Address
Base
0x55380fe7a1910dff29a47b622057ab4139da42c5
Ethereum
0x085780639cc2cacd35e474e71f4d000e2405d8f6
Addresses as recorded for this token. Verify against the
issuer's own published address before sending funds.
fxUSD is f(x) Protocol's USD-pegged stablecoin. The official site states that fxUSD is backed by wstETH and WBTC and can be minted or redeemed through protocol mechanisms rather than through fiat reserves.
Key Features
Collateral split into a stablecoin component and leveraged xPOSITION exposure
fxUSD is fully collateralized rather than algorithmic
Stability mechanisms include an fxUSD/USDC pool and a stability pool peg keeper
fxMINT allows minting fxUSD against ETH or WBTC with no annual interest rate
Reserve Backing
wstETH collateral; WBTC collateral.
05
Frequently asked questions
What is fxUSD?
fxUSD is f(x) Protocol's USD-pegged stablecoin. The official site states that fxUSD is backed by wstETH and WBTC and can be minted or redeemed through protocol mechanisms rather than through fiat reserves.
How is fxUSD backed?
wstETH collateral; WBTC collateral
Which networks carry fxUSD?
fxUSD is recorded on 1 network, Ethereum.
What is the market capitalization of fxUSD?
fxUSD has a market capitalization of $91M as of 11 October 2026.