f - High & Sustainable USD yield x & s - Liquidation Protected Leverage with Minimal Funding Cost $fxUSD $FXN By @aladdindao https://nitter.cf/t.co/cVz9RALhej
Aladdin DAO
Joined April 2023
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1/9
The era of the "Liquidation Alert" email is over.
Introducing FX100: The world’s first 100x Non-Liquidatable Perpetual Engine.
We are moving the market to a new equilibrium, where leverage is high, but survival is prioritized.
Goodbye, liquidations. 👋
The market was brutal. f(x) was boring.
Zero liquidations.
$145.58M traded in the fxUSD/USDC pool in 24h.
fxUSD held its $1 peg. Rock solid.
fxSAVE kept earning 7.9% APR.
No drama. No surprises. Everything worked exactly as designed.
In DeFi, boring is a superpower.
f(x) Protocol retweeted
OH MY GOD
$fxUSD @CurveFinance
There’s a new sherrif in town on @CurveFinance. Adios 3pool!
ethereum:0x085780639cc2cacd35e474e71f4d000e2405d8f6
Zero liquidations at f(x).
Markets can be brutal. Your leverage shouldn't be.
Built for survival. Built for markets like these.
f(x) Protocol retweeted
Top 5 net yields at max leverage on Tangent right now 👇
It looks like it’s DeFi stablecoins season with @protocol_fx, @ResupplyFi, @LiquityProtocol, and @InverseFinance!
f(x) Protocol retweeted
You can now loop non-PT assets on Pendle ⚡
Jack up your $ETH staking, stablecoin or RWA yield in one click, with the top loops (minimum of $1M liquidity) at up to 56.76% APY right now
fxUSD/USDC is the most traded pool on @CurveFinance right now.
$57M in 24 hours. More than the next five pools combined.
fxUSD Peg: $1.001
78.40% of $FXN circulating supply is locked and earning 39.40% APR.
Paid in ETH.
If you haven't locked yours and want to start earning, do it here:
fx.aladdin.club/v2/lock
$54M of fxUSD traded in the last 24 hours.
The market wanted fxUSD today.
On $8.1M of liquidity, that's the pool turning over more than 6x in a single day.
LPs on Curve are now earning 14.37% APR.
Cost of carrying a leveraged ETH or BTC long today:
Aave, borrowing USDC on Ethereum: 10.4% APY
f(x) xPOSITION: 0% funding
Borrow $1M and pay ~$104,000 a year on Aave, or $0 on f(x).
Choose smart: fx.aladdin.club/
Rough night for the whole industry. Thoughts with everyone affected by the @binance hack, and good to see the team commit to covering all user losses.
For anyone checking in on f(x): $1.54B was liquidated across crypto in 24 hours. Liquidations on f(x): ZERO.
Bought matcha in Vietnam with fxUSD by @protocol_fx.
The barista still received VND.
Use yodl to pay anywhere, with anything.
Fresh extra incentives have been added on @pendle_fi
YT-fxSAVE is now earning 1,034% APY.
Get YT-fxSAVE: app.pendle.finance/trade/mar…
fxSAVE is now available on PendleLoop
Loop fxSAVE for up to 37.5% APY:
app.pendle.finance/trade/loo…
PendleLoop is now live, letting users Loop to Long @Base tokenized stocks onchain, powered by @Aave markets.
Enjoy incentives when you Loop to Long these stocks, claimable on @Merkl_xyz
1/🧵
Why trade with f(x) Protocol?
Leverage on most venues comes with three problems: liquidations triggered by one bad wick, funding that bleeds you while you wait, and custody you don’t control.
f(x) was designed around all three.
6/🧵
With leverage, staying in the position is half the game. f(x) gives you liquidation protection, fairer pricing, minimal funding and decentralized custody.
Trade Smart, Earn More, Sleep Well
fx.aladdin.club/v2/trade
