f(x) Protocol - fxMINT

fxMINT allows you to mint fxUSD directly by depositing collateral (ETH/WBTC) at a 0% annual interest rate and with minimal liquidation risks. Instead of annual interests, we charge a one-time opening and closing fee for your loan. Keep the loan open for as long as you need. Note that a temporary borrowing cost can be applied to the whole collateral in rare circumstances.

Read more about fxMINT's mechanism to understand how it works.

Deposit & Mint

Repay & Withdraw

Deposit

Balance: - MAX

WBTC

Mint

fxUSD

Mintable: -MAX

Fee: NaN%

Liquidation Brake: $0

Notice

fxUSD minted on Katana is isolated from the fxUSD deployed on Ethereum Mainnet. The two supplies are not interchangeable. On Katana, fxUSD is backed by weETH and wBTC, while on Mainnet fxUSD is backed by wstETH and wBTC.