The current real-time price of XETH is $2.3. In the past 24 hours, XETH has traded between $2.23 and $2.36, showing strong market activity. The all-time high of XETH is $4.84, and the all-time low is $0.6498.
From a short-term perspective, the price change of XETH over the past 1 hour is , over the past 24 hours is -0.28%, and over the past 7 days is +1.48%. These figures provide a quick overview of the latest price trends and market dynamics of XETH on LBank.-14.27%
The live price of XETH today is $2.3, with a current market cap of $0. The 24-hour trading volume is 538.7. The price of XETH to USD is updated in real time.
Before deciding whether to buy or sell XETH, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s XETH technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for XETH.
How much will XETH be worth tomorrow, next week, or next month in ? What about your XETH assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! XETH Price Prediction
To learn more about XETH, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x4917...bc6b9e  | 155.953K | 21.89% |
ethereum | 0x053d...fd8673 | 67,840 | 9.52% |
ethereum | 0x6eae...d61336 | 60,043 | 8.43% |
ethereum | 0x60ba...f4a5f6 | 55,762 | 7.83% |
ethereum | 0x2245...9e866a | 49,958.99 | 7.01% |
Other | 322.908K | 45.32% |
f(x) Protocol is a decentralized finance (DeFi) solution that transforms deposited Ethereum (ETH) or staked ETH (stETH) into two distinct derivative assets. These are fETH, designed as a low-volatility asset, and xETH, which provides high-volatility, leveraged long ETH exposure as a perpetual token. The protocol's core mechanism works by separating the underlying asset's volatility into these two components, allowing for innovative exposure strategies.
xETH stands out due to its powerful, free leverage on ETH, eliminating the traditional funding rates common with leveraged positions. It is designed with a very low risk of liquidation, offering a way to amplify potential gains for those with a long-term bullish view on ETH. Its uniqueness also stems from f(x) Protocol's innovative dual-token model, where fETH absorbs a small fraction of ETH's volatility, and xETH takes on the remainder, effectively avoiding centralized asset risks.
Users primarily leverage xETH to amplify their returns when they hold a long-term optimistic outlook on ETH's price appreciation. Beyond this, xETH can be actively traded to capitalize on price movements. Users also have opportunities to generate returns by staking or lending xETH through various compatible platforms, contributing to broader DeFi strategies.
The primary risk for xETH holders is a severe and rapid decline in ETH's price, which could potentially cause the value of xETH to decrease significantly. However, f(x) Protocol incorporates stability mechanisms and rebalancing processes specifically designed to manage leverage and mitigate liquidation risks. The V2 version further enhances this by offering automatic rebalancing to protect users from forced liquidation during significant ETH price drops.
The f(x) Protocol functions by allowing users to deposit ETH or stETH, which is then algorithmically divided into fETH and xETH. This design enables the protocol to rapidly scale fETH liquidity, driven by the demand for leveraged long ETH positions (xETH). A key feature is its rebalancing mechanism, especially in V2. If leverage surpasses safe thresholds due to ETH price decreases, the protocol automatically burns associated assets, sells underlying staked ETH, and returns it to the liquidity pool. This action effectively lowers leverage and protects users from potential liquidation.
The f(x) Protocol was developed by Aladdin DAO, partly in direct response to significant events in the financial world, such as the banking crisis in March 2023 and the depegging incidents of certain stablecoins. These events underscored a critical demand for new types of decentralized, stable assets. The protocol aims to provide financial solutions that are not exposed to the inherent risks and vulnerabilities associated with centralized financial systems and real-world assets.
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