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Tectonic

Tectonic TONIC Price $ 0.00...948

66 Watchlists

DeFi

TONIC Price

0.00...948
1.41%
(-$ 0.00...136)
Price Range
LowHigh
$ 0.00...946$ 0.00...963

General Info

Contracts/Explorers:

Explorers

Tags (Sub-Categories):

#Token

Description

Tectonic is a cross-chain money market for earning passive yield and accessing instant backed loans

Tectonic (TONIC) Chart

Tectonic price Index provides the latest TONIC price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

TONIC to USD Converter

Tectonic (TONIC)TONIC

TONIC Price Statistics

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Market Cap

$ 23.89M

Fully diluted value

FDV

$ 47.39M

ATH Market Cap

$ 64.98M

24 Trade Vol.

$ 28.12K


Vol. (24h) / MCap

0.00118

Max Supply

TONIC 500,000,000,000,000

Total Supply

TONIC 500,000,000,000,000

Circulating Supply

TONIC 252.08T

(50.4% of Max Supply)

Listing Date

13 Jan 2022

All Time High

$ 0.00...191

8 Feb 2022


All Time Low

$ 0.00...818

1 Jan 2023


From ATH

95%

From ATL

15.8%

What is Tectonic (TONIC)?

Tectonic is a decentralized non-custodial algorithmic-based money market protocol that allows users to participate as liquidity suppliers or borrowers. Suppliers provide liquidity to the market to earn a passive income, while borrowers are able to borrow liquidity in an over-collateralized fashion. 

Tectonic's protocol design and architecture references Compound, a proven and audited protocol. It is complemented with an attractive incentive program powered by $TONIC, the native token of Tectonic protocol. In summary, Tectonic protocol aims to provide secure & seamless cryptocurrencies money market functionalities, enabling multiple use cases for its users.

  • “HODLers” can generate additional returns from interest by supplying assets to the protocol without having to actively manage their assets 
  • Traders can borrow certain cryptocurrencies to capitalize their short-term trading view (e.g., shorting) or yield maximizing opportunities (e.g., farming) 
  • Users can obtain access to other cryptocurrencies for multiple purposes (e.g., participate in ICO, bonding), without having to liquidate their original assets.


Tectonic Price Today

Tectonic's current price is $ 0.00...948, it has dropped -1.41% over the past 24 hours.

Tectonic's All Time High (ATH) of $ 0.00...191 was reached on 8 Feb 2022, and is currently -95% down.

The current circulating supply of Tectonic is 252.08 Trillions tokens, and the maximum supply of Tectonic is 500.00 Trillions.

Tectonic’s 24 hour trading volume is $ 28.12 Thousands.

Tectonic's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 23.89 Million.

You can find more details about Tectonic on its official website and on the block explorer.

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