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xcvx $0.7787210

Created 3 months ago by

'.$entity->createdBy->name.' SystemAPi admin

Updated 3 months ago by

'.$entity->createdBy->name.' SystemAPi admin

Category

Leveraged Token
Ethereum Ecosystem

Market-cap$-

Volume$-

XCVX | Leveraged CVX Crypto Research

Private Research

Live price

$0.7787210

Market Cap

-

All-time low

$0.4813900

All-time high

$1.26

Volume (24h)

-

Total supply

3,037,746.40

Circulating supply

-

🌟A New Frontier Awaits!🌟

You've found a project where contributions are yet to be made. Your insights can lead the way!

f(x) splits CVX into a mix of 0-volatility “floating stablecoins” cvxUSD and high-volatility “leveraged” tokens xCVX. Users can supply CVX to mint either one. cvxUSD is a stablecoin based on CVX that allows users to earn the native staking yield from Convex Finance. Users can stake cvxUSD to stability pools to earn CVX staking yield while remaining pegged to the dollar. On the volatility side, like what f(x) did, xCVX offers up to 3x leverage on CVX with no funding costs or liquidation risk.