fxUSD token
Overview
The f(x) protocol has issued fxUSD, a stablecoin that accrues yield. Its backing consists of a diversified basket of liquid staking tokens and additional yield-bearing assets, with overcollateralization intended to preserve a one-to-one peg to the US dollar while producing returns.
Within The Counterparty graph, fxUSD connects to 4 tracked entities, most strongly to Ethereum, f(x) Protocol, Lido Staked ETH.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 4 of 4 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
issued_by | f(x) Protocol | 95% |
backed_by | Lido Staked ETH | 90% |
backed_by | Wrapped Bitcoin | 90% |
Frequently asked questions
What is fxUSD?
fxUSD is a stablecoin tracked in The Counterparty knowledge graph. It is connected to 4 other tracked entities, most strongly to Ethereum, f(x) Protocol, Lido Staked ETH.
What type of entity is fxUSD?
fxUSD is classified as a stablecoin (token) in The Counterparty knowledge graph.
What is fxUSD connected to?
In The Counterparty knowledge graph, fxUSD is linked to 4 other tracked entities, most strongly to Ethereum, f(x) Protocol, Lido Staked ETH.