f(x) Protocol fxUSD
研究笔记
The peg deviation, currently 2.24 basis points, is the most direct indicator of whether fxUSD is functioning as intended; persistent widening would suggest stress in the collateral or redemption mechanism. The 30-day supply change of 0.92 percent reflects whether demand for leveraged positions on the protocol is growing, shrinking, or holding steady, since supply expansion is mechanically tied to that activity. Downside deviation over the trailing 90 days, annualized at 0.500159, captures how often and how far the price has dipped below its peg, which matters more for a stablecoin than standard volatility. The 24-hour turnover ratio of 16.20 percent relative to market cap is notably high and worth monitoring over time to understand whether secondary-market activity is concentrated in short bursts or more evenly distributed.
由 AI 语言模型根据以下所列数据撰写,于 18 Oct 2026 09:23 UTC.
