Fx Protocol is a decentralized stablecoin and on-chain leverage trading protocol built by Aladdin DAO. Fx Protocol's Twitter Score is 68 out of 1000 (a Good rating) as of August 2026, ranking #12,202 (top 5%) among 483,944 tracked accounts.
Fx Protocol mints fxUSD, a scalable decentralized stablecoin backed by wstETH and WBTC, and offers up to 7x long or short leverage on ETH and WBTC with minimal liquidation risk. The protocol was conceived in response to the Silicon Valley Bank collapse and the subsequent USDC depeg event, and launched in 2023. Its design prioritizes sustainable USD yield alongside leverage positions that carry minimal funding cost.
Fx Protocol has completed 16 audits, with 100% of its deployed code covered. The FXN token has a fixed supply of 2,000,000, with 49% allocated to liquidity incentives and 30% reserved for Aladdin DAO. The protocol operates without VC funding and carries no team token allocation, making community and liquidity participants the primary stakeholders.
Fx Protocol has 17,862 followers as of August 2026 and has published 7,128 posts. The account has been mentioned by 204 accounts, with 1,884 total mentions.
Who follows Fx Protocol on X?
The accounts that follow Fx Protocol include 247 founders, 66 angel investors, 163 influencers and 7 VCs. Among them are DeFi Dad defidad.eth, Alon, gabrielShapir0, 0xMaki, mikedemarais.eth and Mando.