fx Docs
  • f(x) Protocol Documentation
  • OVERVIEW
    • 📖Abstract
    • ⭐Core Products of f(x) Protocol 2.0
  • f(x) Protocol Mechanisms
    • ⚖️The f(x) Invariant
    • ⚙️Key Functions of f(x) 2.0
    • 🚀Creating a Leveraged Position (xPOSITION)
    • 🪂Rebalancing the Position (Liquidation Brake)
      • Understanding the band system
    • 💰Stability Pool
    • 💵Fees
  • RISK MANAGEMENT
    • 🧘‍♂️Risk framework
    • ✅Advanced Peg Protection Mechanisms
      • 🚨Risk parameters
      • 🧭Oracle
      • 🛡️Audit Reports
    • Earn with f(x)
      • 💲USD high & sustainable yield
      • 🪙$FXN Tokenomics
        • veFXN
        • FXN Farming and veFXN Boost
      • 🔥Protocol Revenue & Distribution
    • POWER TO THE PEOPLE
      • 🤝Community Booster Program
      • 🫂Referral Program
    • FAQ
      • 🟦Is fxUSD an algorithmic stablecoin?
      • 🟦How do f(x) Protocol stablecoins maintain stability?
      • 🟦Is there any LUNA-like risk?
      • 🟦Is it truely impossible to get liquidated?
      • 🟦What could go wrong?
      • 🟦Why are there different stablecoins?
      • 🟦What is the difference between f(x) Protocol V1 and V2?
      • 🟦What price drop would it require for my xPOSITION to be rebalanced/liquidated?
    • GUIDES
      • 📈How to open a leverage position (xPOSITION)
      • 📉How to close a leverage position (xPOSITION)
      • 📐How to adjust your leverage
      • ➕How to add/reduce a leverage position?
      • 💰How to stake into the stability pool?
      • 🚶‍♂️How to unstake from the stability pool?
    • MORE
      • 🔡Token Breakdown
      • 1️⃣f(x) Protocol 1.0
        • Leverage
        • Earn
        • Stability Mechanism
        • FX Auto-Compound
        • Oracle
      • 🖥️Resources
        • Contracts
        • Useful links
      • 🪔Aladdin DAO
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    1. f(x) Protocol Mechanisms

    Fees

    PreviousStability PoolNextRisk framework

    Last updated 16 days ago

    Please find all the fee settings below. Mind that they are all adjustable by governance.

    Fee
    Setting

    xPOSITION Opening/Closing fee

    0.1%

    Funding Cost

    AAVE USDC borrowing rate charged only when fxUSD depegs (see )

    Rebalance / Liquidation

    10% of the bounty (see )

    Unused slippage

    f(x) offers the lowest trading commissions. To compensate for this, any unused slippage will be retained to incentivize stablecoin supply in the Stability Pool. You can set your own slippage.

    Collateral Yield & Funding harvesting bounty

    1%

    Want to learn how these fees are redistributed? Take a look at the section below 👇

    💵
    🔥Protocol Revenue & Distribution
    Advanced Peg Protection Mechanisms
    Risk parameters