f(x) Protocol Joins the Open Gas Initiative
f(x) Protocol is the latest member of ETHGas’ Open Gas Initiative. The program is pushing the industry to abstract away gas fees from the end-user experience as we enter Ethereum’s Realtime and Gasless Era.
We’re excited to welcome f(x) Protocol as a partner sponsoring gas for their users. This marks an important step in showing how gas-free interactions can materially improve usability, reduce friction in complex DeFi workflows, and unlock broader adoption of onchain financial primitives.
What f(x) Protocol Is Doing
f(x) Protocol is a decentralized system that enables users to mint - an overcollateralized stable asset, fxUSD, and gain leveraged long or short exposure to ETH and WBTC through structured onchain positions with minimal funding fees and liquidation risks.
By joining the Open Gas Initiative, f(x) Protocol will begin subsidizing gas for key user actions, turning gas fees from a recurring cost into a seamless part of the user experience. This directly supports f(x)’s goal of making advanced financial strategies more accessible and easier to use.
Why f(x) Joining OG Matters
As a perp protocol, f(x) Protocol works with a multi-step process that incur in fees and will benefit from participation in Open Gas. The program will strengthen its relationship with users with:
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Lower friction for core flows: f(x) users often take several actions to get value such as minting, depositing, and managing position lifecycles. With gas sponsorship, these workflows become meaningfully more accessible, especially for smaller accounts where gas can be a dealbreaker.
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Stronger participation in stability and peg health: f(x) relies on deep fxUSD liquidity to support fxUSD’s peg and deliver sustainable yield. Gasless incentives make it easier to expand the set of users who can actively participate in those stabilizing behaviors.
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Better UX for active position management: Details like opening, closing, and maintaining positions shouldn’t feel like paying a toll at every step. Open Gas helps make position-based DeFi come closer to smooth and predictable execution flows.
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Scalable adoption for fxUSD: fxUSD needs to behave like a real onchain dollar. Open Gas helps make fxUSD easily spendable and usable without requiring users to constantly think about gas.
The need for a gasless UX goes beyond simple swaps. f(x) joining Open gas is a signal that going gasless is becoming a baseline expectation for sophisticated DeFi primitives such as stablecoins and onchain leverage.
A Shared Vision for a Gasless Future
Both ETHGas and f(x) Protocol are building foundational infrastructure to make Ethereum more usable at scale. ETHGas removes transaction friction through gas abstraction and realtime execution. f(x) Protocol expands what’s possible onchain by offering capital-efficient stablecoins and leverage without relying on cumbersome infrastructure limitations and UX.
Together, they help push Ethereum toward a future where powerful financial primitives can be used instantly, predictably, and without users needing to think about gas.
Join the Open Gas Movement
More partners are onboarding as Open Gas expands on Ethereum mainnet and prepares for multichain support across BNB Chain, Base, and more. f(x) Protocol’s participation marks another milestone in the shift toward gasless UX across the Ethereum ecosystem.
Explore the initiative at https://ethgas.com/open-gas and join the movement shaping the next era of onchain user experience. Follow f(x) Protocol and ETHGas on X to stay in the loop.
