f(x) Protocol fxUSD
FXUSD
Evaluation Score
Overall rating on a scale of 0-10
Crypto Token Health Score Explained
Our AI-powered health score evaluates on-chain metrics, community support, tokenomics, and more. This helps DeFi investors understand risk, compare tokens, and make informed decisions. Learn how to analyze DeFi tokens' risk and use these insights for DeFi portfolio risk management.
AI Analysis
Comprehensive evaluation of the token
FXUSD (f(x) Protocol fxUSD) – Overall Assessment
Security & Transparency: fxUSD benefits from multiple professional audits (PeckShield, CertiK), an active bug-bounty program, transparent on-chain proof-of-reserves and a clean exploit history, making its security posture robust.
Tokenomics & Market Fit: As an over-collateralized, multi-asset stablecoin with no fixed supply, fxUSD dynamically adjusts to demand and maintains its peg via real-time oracles. Its cross-chain interoperability and transparent reserves position it well in DeFi, though it competes in a saturated stablecoin market dominated by USDT, USDC, and DAI.
Development & Governance: Active development is modest (4/10) with low contributor diversity, slow release rigor, and no formal semantic versioning. Governance remains centralized under the f(x) Foundation, with an eventual DAO roadmap lacking firm timelines.
Community & Growth: Community support is moderate (6/10)—a loyal DeFi niche audience on Twitter, Discord and Telegram—but broader retail traction and grassroots momentum are limited.
Outlook: FXUSD provides a transparent, secure alternative in the stablecoin landscape. However, centralization risks, limited development velocity and a crowded competitive field suggest cautious adoption until governance decentralization and contributor growth accelerate.
Detailed Analysis by Category
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About f(x) Protocol fxUSD (FXUSD)
f(x) Protocol fxUSD (FXUSD)
f(x) Protocol fxUSD (symbol: FXUSD) is a USD-pegged stablecoin issued on the f(x) Protocol network. Backed by a diversified basket of digital assets, fxUSD maintains a 1:1 peg to the US Dollar through over-collateralization and real-time on-chain oracles.
Key Features
- Collateralized Stability: Fully backed by crypto assets held in transparent on-chain reserves.
- 1:1 USD Peg: Maintains stability through algorithmic collateral management and price oracles.
- Cross-Chain Compatibility: Supports fast, low-fee transfers across Ethereum and EVM-compatible networks.
- DeFi Integration: Seamlessly integrates with lending, trading, and yield platforms.
- On-Chain Transparency: Open proof of reserves and mint/burn activity for full auditability.
fxUSD empowers developers and users with a reliable, transparent, and interoperable stablecoin for global DeFi applications and payments.
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