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Dual Token Stablecoin · Alternatives

The best fx Protocol alternatives in 2026

fx Protocol offers fxUSD and leveraged ETH or BTC exposure on Ethereum, but check its fees, yields and liquidation risks before depositing. If fx Protocol is not the right fit, these 4 reviewed Dual Token Stablecoin options are the closest matches, ranked by SkyBitcoins score. Read our full fx Protocol review

At a glance

fx Protocol vs the alternatives

fx Protocol compared with its alternatives
dAppScoreTVLChains
fx Protocol logofx Protocol(this one)Score 5.2 out of 10$91.6M1
MoneyOnChain logoMoneyOnChainScore 5.8 out of 10$19.5M1
RIF ON CHAIN logoRIF ON CHAINScore 5.2 out of 10$17.7M2
Djed Stablecoin logoDjed StablecoinScore 5.0 out of 10$4.43M1
Hylo Protocol logoHylo ProtocolScore 4.5 out of 10$33.5M1

Ranked

Top fx Protocol alternatives

  1. 1
    MoneyOnChain logo

    MoneyOnChain

    Dual Token Stablecoin · Rsk

    Money On Chain offers a Bitcoin-backed stablecoin, leveraged Bitcoin exposure and governance tokens on Rootstock. It may suit self-custody users, but check the protocol’s risks and costs before moving funds.

    Read the MoneyOnChain reviewVisit MoneyOnChain(opens in a new tab)
    ScoreScore 5.8 out of 10
    TVL $19.5M−4.0%
  2. 2
    RIF ON CHAIN logo

    RIF ON CHAIN

    Dual Token Stablecoin · Rsk, Arbitrum

    RIF On Chain lets you mint USDRIF, a dollar-pegged stablecoin, and use RIF Pro for leveraged RIF exposure. The main checks before using it are contract risk, unclear costs and limited published detail about audits and collateral.

    Read the RIF ON CHAIN reviewVisit RIF ON CHAIN(opens in a new tab)
    ScoreScore 5.2 out of 10
    TVL $17.7M−11.9%
  3. 3
    Djed Stablecoin logo

    Djed Stablecoin

    Dual Token Stablecoin · Cardano

    Djed is a Cardano crypto-backed stablecoin protocol built around DJED and SHEN. Its mint-and-burn model is worth understanding, but check current redemption terms, fees and contract details before using it.

    Read the Djed Stablecoin review
    ScoreScore 5.0 out of 10
    TVL $4.43M−6.4%
  4. 4
    Hylo Protocol logo

    Hylo Protocol

    Dual Token Stablecoin · Solana

    Hylo Protocol offers a Solana stablecoin and leveraged SOL exposure through hyUSD and xSOL. The product is identifiable, but check its fees, token mechanics and audit details before committing funds.

    Read the Hylo Protocol reviewVisit Hylo Protocol(opens in a new tab)
    ScoreScore 4.5 out of 10
    TVL $33.5M−6.7%