The market’s been nuking hard, and I figured it’s about time to talk about a protocol that most people still have no clue about: @protocol_fx
If you’re the type who:
- wants to stay ETH + BTC focused,
- feels bored just holding and farming <5% APR on some protocol,
- actually enjoys leverage trading,
then f(x) is basically designed for you, the gambling dog who needs that dopamine hit but doesn’t wanna get insta-rekt.
This protocol is kinda complex, and if you press me too hard on the mechanics my brain stalls.
Go talk to ChatGPT for the deep math. But from actually using it the past few weeks, here’s what stood out:
Lets you trade ETH/BTC leverage directly on Ethereum mainnet. Slow, but feels stable.
1. Supports 1–7x long or short.
2. Fees are chunky when you open/close. (Ex: I did $8K with 4x leverage, cost me like $100.)
3. But funding fees are virtually zero. I’m paying like $0.004/day.
4. Much lower liquidation risk compared to perps, thanks to how it rebalances instead of nuking your position instantly.
So...when the market’s dipping like this, f(x) feels like a pretty solid place to park size at low leverage
and my fav trader saids.. we can go near 3.8-4k
so load up your stables
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