Function X price today, FX to USD live price, marketcap and chart | CoinMarketCap (2024)

Function X price today, FX to USD live price, marketcap and chart | CoinMarketCap (1)

$0.1674

42.74%(1d)

Function X to USD Chart

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Function X statistics

Market cap

42.74%

$68,368,900

#475

Volume (24h)

8100.09%

$16,554,709

#245

Volume/Market cap (24h)

24.21%

Circulating supply

408,520,357 FX

21.58%

Total supply

408,520,357 FX

Max. supply

1,893,022,625 FX

Fully diluted market cap

$316,811,321

Network information

Chain explorers

Supported wallets

UCID

3884

FX to USD converter

FX

USD

Price performance

24h

Low

$0.1158

High

$0.1943

All-time high

Aug 30, 2021

(

3 years ago

)

$2.29

-92.7

%

All-time low

Mar 13, 2020

(

4 years ago

)

$0.03269

+

411.98

%

See historical data

Popularity

In watchlists14,264x

1767th / 10.0K

Tags

HardwareDWF Labs Portfolio

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About Function X

What is Function X?

Function X is mirroring traditional financial products on the Function X network and creating decentralized financial products and a decentralized trading system. It is a highly customizable and expandable multi-chain architecture blockchain network (subnets) that can meet different business needs.

What is Function X (FX) Coins?

FX coin is the native token on the Function X ecosystem. It is currently utilized as a governance token as well as a gas token on f(x)Core and f(x)EVM. The subnets that are built on the Function X ecosystem can also choose to utilize FX as their gas token.

What Makes Function X Unique?

Function X is a product with use cases. Currently there are two subnets on Function X to facilitate world-wide retail payments by bringing transactions on-chain and the trading of perpetual contracts of cryptocurrency assets and other stock-based perpetual derivatives on the blockchain.

The other uniqueness is EVM compatible chain. By having this, Function X allows developers to migrate their dApps instantly and provides the infrastructure to make sure the dApps run smoothly with low fees on a secured network. Function X is one of the first few projects to integrate the EVM compatible chain on a Cosmos-based chain.

How Many Function X (FX) Coins Are There in Circulation?

20% of the maximum supply of FX token will be generated in Token Generation Event and the rest 80% will be distributed over 15 years under a PoS (Proof of Service) concept, whereby service providers can earn from the jar by providing quality service (such as decentralized file hosting, code management, financial services or mining) to the consumers in the f(x) ecosystem. The maximum token supply is 1,893,022,622.314.

Where Can You Buy Function X (FX) Coins?

It is now available across a number of major exchanges — many people choose to buy FX on Coinbase, Upbit and Huobi Global.

What is Function X?

Function X represents a decentralized ecosystem designed to foster innovation within the blockchain space. It stands as a platform that supports the creation and deployment of decentralized applications (dApps) and various financial products on its blockchain. This ecosystem is powered by its native token, FX, which plays a crucial role in governance and transactional operations within the network.

The core of Function X's architecture is its highly customizable and expandable multi-chain system, which includes subnets. These subnets are tailored to accommodate diverse business requirements, offering a versatile foundation for developers and enterprises to build upon. The ecosystem's design emphasizes interoperability and scalability, aiming to address some of the common challenges faced by traditional blockchain networks.

One of the distinguishing features of Function X is its focus on integrating decentralized financial products and trading systems into its network. This includes facilitating retail payments globally by executing transactions on-chain and enabling the trading of perpetual contracts for cryptocurrency assets, along with stock-based perpetual derivatives, directly on the blockchain. Such initiatives demonstrate the platform's commitment to broadening the use cases and accessibility of decentralized finance (DeFi).

Another notable aspect of Function X is its compatibility with the Ethereum Virtual Machine (EVM), making it one of the pioneering projects to incorporate an EVM-compatible chain within a Cosmos-based chain. This compatibility allows for seamless migration of dApps to Function X, ensuring they benefit from lower fees, enhanced security, and efficient performance on a decentralized network.

How is Function X secured?

Function X employs a robust security framework to ensure the integrity and safety of its network. This framework is anchored by a decentralized network of validators, which plays a critical role in maintaining the network's security through consensus mechanisms. The validators are responsible for verifying transactions and securing the network against potential threats, leveraging the Practical Byzantine Fault Tolerance (PBFT) consensus algorithm. This algorithm is renowned for its efficiency and resilience against faults, making it a cornerstone of Function X's security measures.

In addition to the decentralized validators, Function X supports cross-chain interactions, enhancing its security by enabling interoperability with other blockchains. This cross-chain support allows for secure and seamless transactions across different networks, further bolstering the ecosystem's security.

The security of Function X is also reinforced by a multi-layered decentralized finance ecosystem. This ecosystem incorporates various physical and digital security measures, such as two-factor authentication and comprehensive risk assessments, to protect against unauthorized access and potential vulnerabilities. These measures are designed to safeguard users' assets and personal information, ensuring a secure environment for conducting transactions and interacting with the network.

Moreover, Function X's architecture includes a highly customizable and expandable multi-chain structure, which can adapt to different business needs while maintaining a high level of security. This flexibility allows for the creation of secure subnets that can utilize the FX token for governance and gas fees, further integrating security into the ecosystem's operations.

How will Function X be used?

Function X is designed to serve as a bridge between the realms of traditional finance and decentralized finance (DeFi), aiming to make the latter more accessible to a broader audience. It accomplishes this through several innovative approaches and functionalities.

At its core, Function X facilitates the mirroring of traditional financial products within its network, thereby creating a suite of decentralized financial products and a decentralized trading system. This initiative is pivotal in bringing the conventional financial ecosystem into the decentralized world, offering users a familiar yet improved experience with enhanced security, transparency, and efficiency.

Moreover, Function X stands out for its highly customizable and expandable multi-chain architecture. This feature allows for the creation of subnets that cater to various business needs, making it a versatile platform for developers and enterprises alike. The network supports cross-chain interactions, thereby enhancing liquidity and value across different blockchain ecosystems. This interoperability is crucial for the seamless exchange of assets and information, fostering a more integrated and robust digital economy.

The native token of the Function X ecosystem, FX, plays a dual role as both a governance token and a gas token within the network's core and its Ethereum Virtual Machine (EVM) compatible chain. This compatibility is significant as it enables developers to easily migrate their decentralized applications (dApps) to Function X, ensuring smooth operation with low fees on a secure network. The inclusion of EVM compatibility on a Cosmos-based chain positions Function X as a pioneering project in the blockchain space.

Function X also addresses the need for a fiat on-ramp, making it accessible to users in over 170 countries. This feature is essential for fostering widespread adoption of cryptocurrencies and DeFi products by simplifying the process of converting fiat currencies into digital assets.

In terms of distribution, 20% of FX's maximum token supply was made available during its Token Generation Event, with the remaining 80% scheduled for distribution over 15 years under a Proof of Service (PoS) model. This model rewards service providers within the Function X ecosystem for offering quality services, such as decentralized file hosting and financial services, thereby incentivizing the growth and development of the network.

What key events have there been for Function X?

Function X has been making significant strides in the cryptocurrency space, marked by several key developments and milestones. One of the most notable recent events is the launch of four cohorts of the OCX accelerator since its inception in Q4 2023. This initiative underscores Function X's commitment to fostering innovation and supporting projects that can contribute to the ecosystem's growth and development.

The Function X ecosystem itself is designed to mirror traditional financial products while creating decentralized financial products and a decentralized trading system. It boasts a highly customizable and expandable multi-chain architecture, which can meet various business needs through its subnets. This flexibility and scalability are crucial for adapting to the ever-evolving demands of the blockchain and cryptocurrency sectors.

At the core of the Function X ecosystem is the FX coin, serving both as a governance token and a gas token on f(x)Core and f(x)EVM. The subnets built on the Function X ecosystem also have the option to use FX as their gas token, further integrating it into the ecosystem's operations. The distribution plan for FX coins is designed to encourage long-term participation and contribution to the ecosystem, with 20% of the maximum supply generated during the Token Generation Event and the remaining 80% distributed over 15 years under a Proof of Service (PoS) concept.

Function X stands out for its integration of EVM-compatible chains on a Cosmos-based chain, making it one of the first projects to achieve this. This compatibility allows developers to easily migrate their decentralized applications (dApps) to the Function X network, ensuring smooth operation with low fees on a secure network. The ecosystem currently supports subnets facilitating worldwide retail payments and the trading of perpetual contracts for cryptocurrency assets and other stock-based perpetual derivatives on the blockchain.

Who are the founders of Function X?

Function X was founded by a team led by Zac Cheah and Pitt Huang. Zac Cheah, who serves as the CEO, has a background in computer science and has been actively involved in the blockchain industry for several years. His vision for Function X was to create a fully autonomous and decentralized internet ecosystem, enhancing the scalability and interoperability of blockchain networks. Pitt Huang, the CTO and co-founder, brings a wealth of experience in system architecture and blockchain technology. Together, they aimed to address the limitations of traditional blockchain systems by introducing a multi-chain architecture in Function X, which allows for the creation of customized subnets to cater to various business needs.

Function X price today, FX to USD live price, marketcap and chart | CoinMarketCap (2024)

FAQs

Function X price today, FX to USD live price, marketcap and chart | CoinMarketCap? ›

The live Function X price today is $0.157004 USD with a 24-hour trading volume of $18,711,457 USD.

How much is the X price today? ›

X's price today is US$0.00003647, with a 24-hour trading volume of $35. X is +5.73% in the last 24 hours. It is currently -5.42% from its 7-day all-time high of $0.00003856, and 20.97% from its 7-day all-time low of $0.00003015. X has a circulating supply of 3.26 B X and a max supply of 10 B X.

What is the price of X today? ›

$ 0.000035

What is the function FX token? ›

FX is an Ethereum token that powers Function X, which comprises a core blockchain, cross-chain protocol, and platform for decentralized applications. FX can be used to pay for services such as smart contract creation and data storage, to vote for network upgrades, and for staking on the network.

How much is FX worth? ›

FX to USD
AmountToday at 6:08 pm
1 FX$0.13
5 FX$0.63
10 FX$1.26
50 FX$6.28
4 more rows

What is the X value today? ›

The current price of X (X) is $ 0.000036. Top cryptocurrency prices are updated in real-time on Binance's price directory.

What is the market cap of X coin? ›

The current market cap of X is $2.65M.

Is X stock a buy or sell? ›

United States Steel's analyst rating consensus is a Strong Buy. This is based on the ratings of 4 Wall Streets Analysts.

What is the future of X stock? ›

Stock Price Targets
High$48.00
Median$43.00
Low$37.00
Average$42.86
Current Price$39.59

What is the price of X DC today? ›

Price of XDC today

The live price of XDC Network is $ 0.031769 per (XDC / USD) with a current market cap of $ 473.72M USD. 24-hour trading volume is $ 5.81M USD.

What is the functional currency of FX? ›

Popular with multinationals, functional currency represents the primary economic environment in which an entity generates and expends cash. It is the main currency used by a business in its business dealings.

What is the function of FX? ›

Types of Functions in Maths

In this function, the function f(x) takes the value of “x” and then squares it. For instance, if x = 3, then f(3) = 9. A few more examples of functions are: f(x) = sin x, f(x) = x2 + 3, f(x) = 1/x, f(x) = 2x + 3, etc. There are several types of functions in maths.

What is function symbol FX? ›

In capitals like that, FX usually stands for Foreign (currency) Exchange. In mathematics you would most commonly see it written as f(x) where it means the result of applying the function f to the element x.

Did anyone get rich with forex? ›

The answer is yes! Forex can make you a millionaire if you are a hedge fund trader with a large sum. But forex from rags to riches for the majority is usually a rocky and bumpy ride which often leaves some traders in their dreams.

Who is the most successful FX trader? ›

The Best Forex Traders in the World
  1. George Soros. We start our list of the best Forex traders in the world by looking at one of the most legendary figures in Forex trading history, George Soros. ...
  2. Paul Tudor Jones. ...
  3. Stanley Druckenmiller. ...
  4. Bill Lipschutz. ...
  5. Michael Marcus. ...
  6. Andrew Krieger.
Mar 25, 2024

How many FX traders lose money? ›

Over 90% of traders lose money in the forex market. This is due to so many factors like lack of good trading knowledge and lack of proper trading system. Many traders who lose money in the forex market are found to be use technical indicators which is a no go area if you want to be successful in the forex market.

How much is the X worth? ›

Musk acquired Twitter for $44bn in October 2022 and renamed the platform X in July 2023. Fidelity's estimate would place the value of X at about $12.5bn. The number of monthly users of X dropped by 15% in the first year since Musk's takeover amid concerns over a rise in hate speech on the platform.

What is the X price? ›

The live X price today is $0.000040 USD with a 24-hour trading volume of $27.67 USD.

How much is the brand new Model X? ›

The price of the 2024 Tesla Model X starts at $79,630 and goes up to $94,630 depending on the trim and options. The Plaid model with its three electric motors is sure to deliver insane acceleration, but its speed is mighty expensive.

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