Leveraged CVX (XCVX)

Leveraged CVX (XCVX) Price

This cryptocurrency is not listed for trading or services on Gate.

$0.522847
-$0.039692(-7.05%)

Market Cap

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24h High

$0.579420

24h Low

$0.453505

24h Turnover

--

Total Supply

995.18K

Market Sentiment

Neutral

About Leveraged CVX (XCVX)

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.

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Leveraged CVX (XCVX) Basics & Market Insights

Risk Disclosure

Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results. Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.

Disclaimer

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