Profile
fxSAVE profile facts
f(x) USD Saving (fxSAVE) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg fxUSD-denominated NAV.
Variant relationship
f(x) USD Saving (fxSAVE) is modeled as a strategy vault variant of fxUSD (fxUSD). Pharos treats parent stress, redemption, mint authority, and dependency context as relevant to this variant before interpreting its own live metrics.
- Collateral
- ERC-4626 vault receipt over the f(x) Protocol V2 Stability Pool (fxSP / FxUSDBasePool), whose direct underlying is fxUSD plus a USDC reserve leg; auto-compounds wstETH/WBTC and Aave yield into more fxUSD and USDC. Backing inherits fxUSD's WBTC and wstETH CDP collateral base plus the USDC leg and strategy/oracle execution risk
- Peg mechanism
- fxSAVE is an auto-compounding ERC-4626 vault over the f(x) Protocol V2 Stability Pool (fxSP); holders redeem shares for fxSP and exit the pool to a fxUSD+USDC mix, then inherit fxUSD's CDP redemption and liquidation mechanics (Stability Pool arbitrages the USDC/fxUSD Curve pool to defend the peg)
- Jurisdiction
- Not disclosed in the static profile.
- Proof of reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 1 deployment tracked across Ethereum.
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
fxSAVE quick answers
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What is f(x) USD Saving (fxSAVE)?
fxSAVE is the yield-bearing vault receipt over f(x) Protocol's fxUSD savings strategy, inheriting fxUSD's WBTC and wstETH CDP collateral risk. The static profile records its fxUSD-denominated NAV accounting mechanism as: fxSAVE is an auto-compounding ERC-4626 vault over the f(x) Protocol V2 Stability Pool (fxSP); holders redeem shares for fxSP and exit the pool to a fxUSD+USDC mix, then inherit fxUSD's CDP redemption and liquidation mechanics (Stability Pool arbitrages the USDC/fxUSD Curve pool to defend the peg).
Is fxSAVE safe?
As of Nov 8, 2026, Pharos grades fxSAVE C (58/100) on its Safety Score. Pharos's reviews record that admin controls such as a pause or an upgradeable contract exist, though no power to freeze a specific holder was found, and any holder can use its reviewed redemption route. That is a middle-band grade: it meets baseline expectations but carries meaningful weaknesses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs fxSAVE?
Pharos records fxSAVE's reserves as of Oct 27, 2026 as 100% f(x) USD Saving deployed strategy positions. Reserve evidence: live reserve feed configured. Pharos classifies the backing as Crypto-Collateralized.
Can fxSAVE be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, admin controls such as a global pause or an upgradeable contract are recorded, but the review found no active power to freeze or seize a specific holder's balance on material deployments.
How do you redeem fxSAVE?
Under the route Pharos reviewed on Oct 24, 2026, any holder can redeem fxSAVE for fxUSD and USDC. Settlement is same-day. The reviewed terms charge no percentage redemption fee. Whether a given holder qualifies is set by the route's own terms, not by this summary.
