Today in #TheBuildersAroundUs, we’re featuring f(x) Protocol — a decentralized perpetual trading platform that offers non-liquidatable leverage and high USD yields. @protocol_fx Who are they? f(x) Protocol is a cutting-edge DeFi solution that enables users to open leveraged positions on ETH and BTC without the risk of liquidation, all backed by stETH and WBTC collateral. What they’re building: • fxUSD — a fully collateralized stablecoin backed solely by stETH and WBTC, ensuring 100% collateralization. • xPOSITION / sPOSITION (v2.1) — innovative leveraged positions with rebalancing mechanisms to mitigate liquidation risks. • Stability Pool — offers high yields derived from stETH staking, opening fees for xPOSITION/sPOSITION, and FXN emissions. What makes them stand out: • Zero funding costs under normal circumstances. • The Liquidation Brake mechanism that rebalances positions near liquidation prices. • A deep fxUSD/USDC liquidity pool that ensures stablecoin peg stability. Why they matter to us: f(x) Protocol is redefining leveraged trading by eliminating liquidation risks and offering sustainable yields — a perfect match for our shared vision of advancing decentralized finance. Stay tuned for more in #TheBuildersAroundUs — stories of the teams shaping the next era of Web3. #fxProtocol #TheBuildersAroundUs