Stablecoins have long been seen as “safe havens.” But in DeFi, “stable” doesn’t always mean stable. Just days ago, XUSD (Stream Finance) suffered a severe depeg falling to ~$0.26–$0.33 (a 70–77% drop) caused by a ~4.1x leverage loop and a faulty oracle, according to on-chain data and team reports. Lesson learned: complexity and opacity ≠ safety. Amid the same market turbulence, $fxUSD by @protocol_fx held its peg: ✅ the Oct 11th flash crash ✅ the deep correction as BTC touched ~$99k → all while staying close to $1.00, supported by multi-layered on-chain mechanisms. That’s design, not luck: • Stability Pool arbitrages fxUSD/USDC • Operational Restrictions - temporarily halts new xPOSITIONs during depeg events to stop excess minting • Dynamic Funding (x/sPOSITION) adjusts incentives to rebalance supply and demand • Redemption provides a 1:1 floor backed by collateral (final safeguard) To own fxUSD: → Use fxMINT — deposit BTC/ETH (non-custodial, locked on-chain), mint fxUSD with 0% interest (under normal conditions) and one-time open/close fees. → Deploy fxUSD across DeFi, or deposit into fxSAVE to earn real yield ~12% APY on @eulerfinance (APY varies with market conditions). $fxUSD isn’t just “stable on sunny days”; it has been battle-tested and stood firm through storms. While most stablecoins rely on leverage and trust, fxUSD = code + collateral + on-chain transparency. Safety here is a mechanism, not a slogan.