FXN

FXN Token Price Today & AI Analysis

FXNEthereumAnalysis as of Sep 3, 2026

Price

$23.6

+6.71% 24h

Contract

Live
0x365accfca291e7d3914637abf1f7635db165bb09

Holders

4.3K

Market cap

$3.87M

Liquidity

$677.84K

At a $10M market cap, $FXN would be $60.92 (2.58x from today’s price)

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FXN Token: holders, selling & liquidity

2026-09-03 05:46 UTC

Holder addresses

4,081

Top 10 supply share

Not available

Reported liquidity

$669,343.00
How concentrated is FXN Token ownership?
Top-10 ownership concentration is not available in this report. The saved holder count is 4,081 addresses (2026-09-03 05:46 UTC). A holder count alone does not establish how supply is distributed.
Are large holders selling FXN Token?
This report cannot establish whether large holders are selling: it does not include wallet-level holder balances over time matched to swaps. A complete buy/sell volume observation is not available in the saved inputs. A large swap alone does not identify a large holder, and a transfer alone does not prove a sale.
Is FXN Token liquidity falling?
As of 2026-09-03 05:46 UTC, reported liquidity was $669,343.00. At least two timestamped liquidity observations are needed to establish a change; this report does not have them.
Sources, observations & limitations

Source: inputs saved with the report generated 2026-09-03 05:46 UTC. Original provider retrieval times and historical samples were not recorded. Legacy zero placeholders are treated as unavailable. Holder addresses are not unique people. The provider’s top-10 share is not adjusted here for pools, exchanges, burn addresses or related wallets. Sniper classifications and wallet-level holder history are unavailable. Inspect token on the block explorer.

Recent swap evidence

Swap evidence is unavailable for this report.

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Movement since report

report from Sep 3, 2026, 05:46 AM UTC

Market Cap

$3.65M

24h Volume

$63.28K

Liquidity

$669.34K

FDV

—

Holders

4,081

24h

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AI Executive Summary

Risk

High

Sentiment

Bullish

FXN is the governance and revenue-sharing token of f(x) Protocol, a 35.5-month-old Ethereum DeFi project that decomposes ETH collateral into fETH (a low-volatility ETH derivative) and xETH (a leveraged long ETH perpetual). The token trades at $22.23 with a circulating market cap of $3.65M and an FDV of $27.3M, reflecting a meaningful gap between current and fully diluted valuation. Price has surged +95.4% over the past 30 days and sits at 98% of its 91-day range high, signalling strong near-term momentum. However, liquidity is thin at $669K and the top-10 holder concentration of 89.5% warrants caution given the absence of per-wallet classification data.

Figures cited above are from the market snapshot taken when this analysis ran — Sep 3, 2026, 05:46 AM UTC. Live values may differ; the key facts at the top of the page are current.

Key points

  • Novel ETH collateral decomposition mechanism producing both a low-volatility fETH token and a leveraged xETH perpetual from a single collateral pool
  • ve-tokenomics design routing 75% of all protocol treasury revenue to veFXN lockers, creating direct cash-flow-like yield for long-term holders
  • Fully decentralized, Ethereum-native architecture with on-chain liquidity for both derivative tokens, avoiding the oracle and liquidation risks common in CDP-based stablecoins

FXN Token AI Price Analysis

Medium Confidence

Short-Term · 24h-7d

Bullish

FXN is trading at $22.23, sitting at 98% of its 91-day range high of $22.52, following a 7-day gain of +15.5%. The recent daily close sequence shows a decisive breakout from the $19–$19.50 consolidation band into the $21–$22 zone, with momentum firmly intact. Price is pressing against the immediate resistance at $22.50, and a clean break above that level would mark a new 91-day high.

Medium-Term · 30d-90d

Bullish

The 30-day gain of +95.4% and 90-day gain of +72.2% confirm a sustained structural uptrend, not a one-day spike. FXN has more than doubled from its 91-day low of $9.47, and the current price near the range apex suggests the market is pricing in continued demand for the f(x) Protocol ecosystem. Sustaining above the $21.58 immediate support would validate the uptrend and open the path for price discovery above $22.52.

Bullish Factors

  • 30-day price appreciation of +95.4% and 90-day gain of +72.2% confirm a durable structural uptrend, not a short-term noise event
  • Price is at 98% of the 91-day range ($9.47–$22.52), indicating buyers have absorbed the full range and are pressing against the all-period high
  • 24h buy pressure of 63.5% ($40,197 buy volume vs. $23,085 sell volume) shows net inflow dominance in the most recent session
  • ve-tokenomics model with 75% of treasury revenue distributed to veFXN holders creates a structural demand sink for FXN as yield-seekers lock tokens

Bearish Factors

  • Total liquidity of only $669,343 is extremely shallow relative to the $3.65M market cap (~18% ratio), meaning even moderate sell orders can cause outsized price impact
  • The top 10 holders control 89.5% of supply; with per-wallet data unavailable, the dumpable-supply risk from this concentration cannot be properly assessed and must be treated as elevated
  • FDV of $27.3M versus circulating market cap of $3.65M implies a 7.5x FDV/MC ratio, suggesting significant future supply unlock or emission pressure that could weigh on price

Disclaimer: This AI-generated prediction is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile. Always conduct your own research.

FXN call history

Full track record →

Sep 3bullish
24h+16.9%
7d+21.4%
30d+48.7%

Calls are recorded the moment the analysis is generated and scored automatically against the market price 24h, 7d and 30d later — hits and misses alike, never edited.

Token Info

Chain
Ethereum
Contract
0x365a...bb09
Total Supply
—
Decimals
—

Key Risks

  • Liquidity trap risk: At $669K total liquidity, a whale exit from the 89.5% top-10 concentration could cause a price collapse that far exceeds the available liquidity to absorb, potentially resulting in a 50%+ drawdown in a single session
  • FDV/supply discrepancy: The 7.5x gap between FDV ($27.3M) and market cap ($3.65M) at a stated 100% circulating supply is internally inconsistent and suggests undisclosed supply or vesting schedules that could create future sell pressure
  • Protocol complexity risk: The collateral decomposition mechanism linking fETH and xETH creates interdependent risk — a stress event in the xETH market (e.g., a sharp ETH crash) could destabilize the fETH peg and trigger cascading redemptions that stress FXN tokenomics

Trading Insight

bullish

The 24h trading session shows a clear buy-side tilt with 63.5% buy pressure and $40,197 in buy volume against $23,085 in sell volume, producing a net inflow of approximately $17,112. However, the absolute transaction counts are low — 80 buys and 72 sells from only 23 unique buyers and 37 unique sellers — indicating this is a thinly traded market where individual participants can move price materially.

AI-generated insight. Not financial advice.

Frequently Asked Questions

Trend Analysis

Short-Term (7d)

Bullish

Medium-Term (30d)

Bullish

Both the short-term (+15.5% over 7 days) and medium-term (+95.4% over 30 days, +72.2% over 90 days) trends are firmly bullish. The daily close sequence shows a clear structural shift: FXN consolidated between $19.07 and $19.44 for the first seven sessions of the observed window before breaking out sharply to $21.73, then continuing to the current $22.23. This is a textbook breakout from a consolidation base, with the price now testing the apex of the 91-day range.

Momentum

Status

Overbought

With price at 98% of the 91-day range and a 30-day gain of +95.4%, momentum indicators would be expected to read in overbought territory. Daily volatility of 4.9% (standard deviation of daily returns) is moderate but not extreme, suggesting the move has been relatively orderly rather than parabolic. The risk of a mean-reversion pullback to the $21.58 immediate support is elevated given the proximity to the range high.

Volume Analysis

Buy

63.5%

Sell

36.5%

Volume Trend

Stable

24h volume of ~$63K is modest in absolute terms but represents approximately 9.4% of the total liquidity pool, indicating active relative turnover. The 4h window (29 transactions) and 1h window (9 transactions) show declining transaction frequency intraday, suggesting the initial breakout impulse is not accelerating further in the very near term.

Recent Price Action

Seven-session consolidation between $19.07–$19.44 followed by a two-session breakout to $21.73–$21.81, a brief pullback to $21.13, then a continuation to new range highs at $22.28 before settling at $22.23. The pattern shows higher lows and higher highs with the current price pressing against the 91-day ceiling.

This consolidation-breakout-continuation structure is typically a bullish continuation signal, indicating that the prior consolidation served as a launching pad. The key test is whether price can close above the $22.52 resistance level; failure to do so risks a retest of the $21.58 immediate support.

Key Price Levels

Immediate support

$21.58

Major support

$9.47

Immediate resistance

$22.50

Major resistance

$22.52

The immediate support at $21.58 represents the most recent swing low within the breakout structure and is the first line of defense for bulls — a daily close below this level would signal the breakout is failing. Major support at $9.47 is the 91-day range low and represents the worst-case retracement scenario in a full trend reversal. On the upside, immediate and major resistance converge tightly at $22.50–$22.52, which is the 91-day range high; a confirmed close above this level would constitute a breakout to new highs with no OHLC-derived overhead resistance remaining.

AI overall risk

High

Risk Score

68/100

Risk Breakdown

  • VolatilityHigh

    Daily return volatility of 4.9% (standard deviation) compounds to significant weekly and monthly swings. The 91-day range spans $9.47 to $22.52 — a 138% range — confirming that FXN is capable of severe drawdowns. The current position at 98% of the range high means downside exposure to the range low is approximately 57% from current price.

  • LiquidityHigh

    Total liquidity of $669,343 is very shallow for a $3.65M market cap token. The liquidity-to-market-cap ratio of approximately 18% means that selling even a small percentage of market cap would cause severe price impact. The Curve DEX venue provides concentrated liquidity but does not mitigate the absolute shallowness of the pool.

  • ConcentrationNot assessed

    Ownership concentration cannot be assessed without a measured supply distribution.

  • Smart ContractNot assessed

    Contract or authority checks are not included in the saved provider observations.

  • RegulatoryMedium

    As a DeFi protocol issuing synthetic ETH derivatives and a revenue-sharing governance token, f(x) Protocol operates in a regulatory gray zone in most jurisdictions. The veFXN revenue distribution model could attract scrutiny as an unregistered security in certain regulatory frameworks, particularly in the United States under evolving SEC guidance on DeFi governance tokens.

Key Risks

  • Liquidity trap risk: At $669K total liquidity, a whale exit from the 89.5% top-10 concentration could cause a price collapse that far exceeds the available liquidity to absorb, potentially resulting in a 50%+ drawdown in a single session
  • FDV/supply discrepancy: The 7.5x gap between FDV ($27.3M) and market cap ($3.65M) at a stated 100% circulating supply is internally inconsistent and suggests undisclosed supply or vesting schedules that could create future sell pressure
  • Protocol complexity risk: The collateral decomposition mechanism linking fETH and xETH creates interdependent risk — a stress event in the xETH market (e.g., a sharp ETH crash) could destabilize the fETH peg and trigger cascading redemptions that stress FXN tokenomics

Mitigating Factors

  • Token age of 35.5 months demonstrates project longevity and survival through the 2022 bear market and 2023–2024 recovery cycles, reducing the probability of an outright exit scam
  • The ve-tokenomics revenue distribution model creates an economic incentive for large holders to lock rather than sell, which could structurally reduce near-term sell pressure from the concentrated top-10 cohort

Investor Suitability

FXN is suitable only for experienced DeFi investors with a high risk tolerance who understand ETH derivative protocols, ve-tokenomics mechanics, and the liquidity risks of small-cap on-chain assets. It is not appropriate for risk-averse investors, those unfamiliar with DeFi smart contract risks, or anyone who cannot afford to lose their entire investment.

FXN presents a high-risk, high-conviction DeFi governance play on the growth of decentralized ETH derivatives. The 30-day price performance of +95.4% and proximity to 91-day highs reflect genuine market re-rating, but the shallow liquidity and unresolved supply discrepancy introduce significant execution and dilution risk that must be weighed against the protocol's novel design and revenue-sharing model.

Scenario Analysis

Bull Case

Medium probability

ETH enters a sustained bull market, driving strong demand for both fETH (as a decentralized low-volatility ETH-backed asset) and xETH (as a leveraged ETH perpetual). Protocol fee revenue grows materially, making the 75% veFXN revenue distribution increasingly attractive, which drives FXN locking, reduces circulating supply, and creates a reflexive price appreciation cycle. FXN breaks above $22.52 and enters price discovery.

  • ETH price appreciation increasing demand for both fETH and xETH derivative products
  • Growing veFXN lock-up rate reducing effective circulating supply and amplifying per-token revenue yield

Base Case

FXN consolidates in the $19–$22 range as the initial breakout momentum fades, with price supported by ongoing veFXN revenue distribution demand but capped by the thin liquidity and concentration overhang. The protocol continues operating without a major exploit or supply event, and price tracks ETH market conditions with amplified volatility.

  • No major supply unlock or undisclosed emission event in the near term
  • ETH market remains range-bound, keeping fETH and xETH demand stable rather than surging

Bear Case

Medium probability

A top-10 holder begins distributing into the thin $669K liquidity pool, triggering a price cascade that breaks the $21.58 immediate support. Retail holders, seeing the 30-day gains evaporate, accelerate selling. The FDV/supply discrepancy resolves via a large supply unlock, adding further downward pressure. Price retraces toward the major support at $9.47, erasing the 30-day gains.

  • Whale distribution into shallow liquidity causing outsized price impact
  • Undisclosed supply unlock or emission event resolving the FDV/MC discrepancy at the expense of existing holders

Analysis Details

Generated

Sep 3, 2026, 05:46 AM UTC

Saved observation

2026-09-03 05:46 UTC

Model Confidence

Medium

Data Snapshot

Price

$22.2262998586

Market Cap

$3.65M

24h Volume

$63.3K

Holders

4,081

Liquidity

$669,343.00

Data Sources

Unhosted DEX market data (price, volume, liquidity)Daily OHLC price historyAggregate holder count and top-10 concentration

Limitations

  • Holder growth history is unavailable for this chain; no trend commentary on holder accumulation or distribution over time could be made
  • Per-wallet whale transaction data is unavailable; individual large-holder behavior, acquisition methods, and recent movements could not be assessed
  • Contract security data (audit status, ownership, honeypot flags) is not available from this chain's data provider; smart contract risk could not be properly evaluated
  • The FDV/market cap discrepancy at stated 100% circulating supply could not be resolved from available data; the true supply schedule is unknown
  • Smart-money (top profitable trader cohort) data is unavailable; early buyer positioning and profit-taking risk could not be assessed

How we keep this honest

Every directional call on these pages is recorded before the outcome is known and scored on our public prediction track record. We apply the same standard to others: our audit of 1,581 crypto YouTube predictions found bullish calls did worse than random timing, and our memecoin pump anatomy study measured what chasing a pump actually costs.

Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and risky. Always conduct your own research and consult with a financial advisor before making investment decisions.

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