the global defi FX protocol
trade, convert, or borrow multi-currency stablecoins backed by ethereum & more
trade decentralised FX with up to 100x leverage
trade decentralised FX markets
trade up to x100 leverage across EUR, JPY, GBP and more. hedge or speculate on FX movements.
convert between currencies
settle trades in your native currency, convert between non USD currency pairs, ETH and DAI and much more. easily gain access to alternate currency exposure for hedging, speculation & payments.
borrow in your local currency
mint multi-currency stablecoins, called fxTokens, across a range of alternate currencies - EUR, JPY, GBP, AUD and more. borrow in your local currency, removing FX risk and making accounting simpler.
earn from providing protocol liquidity
stake fxTokens across trading & liquidation keeper pools to provide protocol liquidity. earn trading and liquidation fees and $FOREX rewards.
optimise utility and capital efficiency of your assets. trade and borrow against multiple collateral types.
our protocol controlled value program, ensures your collateral is put to work generating additional returns.
keeper pool based partial vault liquidations ensure only required amounts of collateral are sold to maintain c-Ratios.
the protocol token, $FOREX, underpins governance & rewards and serves as a mechanism for further underwriting ecosystem stability.