About Leveraged frxETH
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.
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Market Stats
Market Cap
Not enough data
FDV
Not enough data
Circ. Supply
Not enough data
Max Supply
Not enough data
Total Supply
332K XFRXETH
Diluted Valuation
$207.77K
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
Not enough data
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$0.66
Price Change (1Y)
-35.07%
Additional details
Market details
XFRXETH vs markets
↘ 28.31%
XFRXETH vs BTC
↘ 26.69%
XFRXETH vs ETH
↘ 21.94%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x2bb0C32101456F5960d4e994Bac183Fe0dc6C82c |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.62 | ↗ 1.36% |
1 Day | $0.61 | ↗ 1.36% |
1 Week | $0.68 | ↘ 7.85% |
1 Month | $0.86 | ↘ 27.67% |
1 Year | $0.96 | ↘ 35.07% |
FAQ
We update our Leveraged frxETH to USD currency in real-time. Get the live price of Leveraged frxETH on Coinbase.
The current market cap of Leveraged frxETH is $0.00. A high market cap implies that the asset is highly valued by the market.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Leveraged frxETH calculator
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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