# Core Products of f(x) Protocol **xPOSITION & sPOSITION (Leveraged Tool):** * Offers up to 7x LONG and SHORT leverage on ETH and BTC * Fully decentralized, collateralized and on-chain * Minimal liquidation risk * Zero funding fees under normal market conditions, maximizing user returns **fxUSD (Stablecoin):** * Fully decentralized and collateralized with a reliable and consistent peg * Minted and redeemed instantly in response to xPOSITION and fxMINT demand * Derives liquidity from collateral and generates sustainable on-chain yield --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://fxprotocol.gitbook.io/fx-docs/overview/core-products-of-f-x-protocol.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.