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About FX

Function X (FX) is a cryptocurrency launched in 2019. FX has a current supply of 408.52M with 408.52M in circulation. The last known price of FX is 0.155369016043 USD and is -0.005318650552 over the last 24 hours. It is currently trading on active market(s) with $257,649.26 traded over the last 24 hours. More information can be found at https://functionx.io/.

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FX Price Statistics
FX’s Price Today
24h Price Change
-$0.0053186505523.31%
24h Volume
$257,649.268.04%
24h Low / 24h High
$0.14922366 / $0.15047149
Volume / Market Cap
0.004059296594
Market Dominance
0.00%
Market Rank
#696
FX Market Cap
Market Cap
$63.47M
Fully Diluted Market Cap
$294.12M
FX Price History
7d Low / 7d High
$0.14610046 / $0.15171029
All-Time High
$2.29Aug 30, 2021
All-Time Low
$0.03268826Mar 13, 2020
FX Supply
Circulating Supply
408.52M
Total Supply
408.52M
Max Supply
1.89Bn
Updated Dec 18, 2024 12:21 am
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FX
Function X
$0.155369016043
$0.005318650552(-3.31%)
Mkt Cap $63.47M
There's nothing here for now
Tokenized Japanese Yen to Launch on Helix Decentralized Exchange
Tokenized Japanese Yen to Launch on Helix Decentralized Exchange
According to Blockworks, a tokenized version of the Japanese Yen (JPY) is set to launch on Helix, a decentralized exchange on Injective. This move makes Helix one of the first exchanges to introduce the Yen onto the blockchain. The Japanese Yen is the fourth most-traded currency globally, following the USD, Euro, and Sterling. Chris Choi, the head of product at Helix, stated that there is currently little to no outlet for acquiring tokenized Yen, which sees billions in trade volume daily. This latest integration will enable dapp users on Injective to gain exposure to an on-chain foreign exchange (FX) in a decentralized way. Choi noted that while the USD and Euro have significant representation in the crypto space, the Yen has been underserved. The tokenized JPY is created in collaboration with decentralized exchange Cables Finance, which has been working on integrating traditional finance currencies onto the blockchain. Each tokenized Yen will be backed 1-to-1 by the Japanese Yen, held by a trust for the issuance. Helix is not the only team exploring ways to bring Japanese stablecoins on-chain. Last year, TOKI, a cross-chain bridge provider, revealed its plans to bring fully collateralized Japanese stablecoins to the Cosmos ecosystem with Noble, a token issuance protocol. The project was backed by Mitsubishi UFJ Trust and Banking (MUFG), one of the largest Japanese banks, and received support from over 200 Japanese companies, including SMBC and Mizuho. The project's mainnet launch is predicted to occur between Q4 of 2023 and Q1 of 2024.
Feb 07, 2024 4:13 am

Frequently Asked Questions

  • 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.

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  • 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.

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  • 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.

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  • 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.

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  • 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.

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  • What is the all-time high price of Function X (FX)?

    The all-time high of FX was 2.29 USD on 2021-08-30, from which the coin is now down 93.21532681034934%. The all-time high price of Function X (FX) is 2.29. The current price of FX is down 93.21532681034934% from its all-time high.

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  • How much Function X (FX) is there in circulation?

    As of , there is currently 408.52M FX in circulation. FX has a maximum supply of 1.89Bn.

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  • What is the market cap of Function X (FX)?

    The current market cap of FX is 63.47M. It is calculated by multiplying the current supply of FX by its real-time market price of 0.155369016043.

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  • What is the all-time low price of Function X (FX)?

    The all-time low of FX was 0.03268826 , from which the coin is now up 375.30525039570784%. The all-time low price of Function X (FX) is 0.03268826. The current price of FX is up 375.30525039570784% from its all-time low.

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  • Is Function X (FX) a good investment?

    Function X (FX) has a market capitalization of $63.47M and is ranked #696 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Function X (FX) price trends and patterns to find the best time to purchase FX.

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