F(x) supports shorting.
The xPosition leverage feature of @protocol_fx is not a traditional Perp contract, and basically, there are no funding fees for going long/short on BTC or ETH.
With the latest support for shorting, is the expected trading volume going to double?👀 Also, keep an eye on earning the $fxSAVE and $FXN service fees from opening and closing positions.
The fxSAVE pool interest rates on @pendle_fi may rise in the long term🧐 So, the annualized returns for Pendle LP have always been quite good.
Shorting in DeFi is about to change.
sPOSITIONs are going live today on f(x) Protocol bringing native, fixed-leverage shorts with 0% funding cost and minimal liquidation risk.
No margin calls.
No creeping fees.
No centralized dependencies.
Shorting in DeFi has always been clunky 💯. Oracles, unstable borrowing costs, reactive liquidations... You know the drill.
f(x) Protocol flips that on its head.
sPOSITIONs are atomic, flashloan-powered short positions backed by $fxUSD.
You pick the leverage, the market ( $ETH or soon $BTC), and provide collateral. We handle the rest!
And boom 💥 you’re instantly in a fixed-leverage, on-chain and trustless short position.
The advantages?
✅ 0% funding cost under normal market conditions
✅ Predictable one-time open/close fees
✅ Minimal liquidation risk (thanks to our liquidation brake)
✅ All trustless & fully on-chain
DeFi needs a native way to go short: simple, transparent, and without centralized actors.
That’s what sPOSITIONs deliver.
14.81K
27
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.