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  • 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
      • Liquidation process
      • Developers
    • 💰Stability Pool
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    • 🧘‍♂️Risk framework
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      • Understanding the redemption mechanism
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  • POWER TO THE PEOPLE
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  • FAQ
    • 🟦Is fxUSD an algorithmic stablecoin?
    • 🟦Where does the yield come from?
    • 🟦How do f(x) Protocol stablecoins maintain stability?
    • 🟦Is there any LUNA-like risk?
    • 🟦How does f(x) Protocol minimize liquidations?
    • 🟦How does f(x) Protocol minimize funding costs?
    • 🟦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 reduce your Liquidation Brake
    • ➕How to add/reduce a leverage position?
    • 💰How to stake into the stability pool?
    • 🚶‍♂️How to unstake from the stability pool?
  • MORE
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    • 1️⃣f(x) Protocol 1.0
      • Leverage
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      • FX Auto-Compound
      • Oracle
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  1. GUIDES

How to open a leverage position (xPOSITION)

PreviousWhat price drop would it require for my xPOSITION to be rebalanced/liquidated?NextHow to close a leverage position (xPOSITION)

Last updated 4 months ago

xPOSITIONS offer up to 10x leverage on ETH. To open a position:

  • Head over to the page.

  • Connect your wallet using the upper right “Connect Wallet” button.

  • Input the amount you would like to leverage. The default asset is USDC; you can pledge other assets by clicking the down arrow.

  • Set the requested leverage using the slider bar and wait for the preview to load.

  • Hit the Preview button to review your trade.

  • Review your trade and the evolution of your xPOSITION, and once you are ready, click the “Submit Transaction” button.

  • Confirm the transaction using your wallet.

You’re all set. You can now track your position on your Dashboard on the “” page.

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