Rank: 1051
39 Watchlists
DeFi
FER Price
Contracts/Explorers:
Cronos
Funds and Backers
No funds found yet
Wallets
No wallets found yet
Ferro Protocol is a stable swap AMM protocol that allows users to exchange with low slippage and minimum fees
Market Cap
$ 15.53M
FDV
$ 65.94M
ATH Market Cap
$ 75.58M
24 Trade Vol.
$ 46.04K
Vol. (24h) / MCap
0.00297
Max Supply
FER 5,000,000,000
Total Supply
FER 4,776,954,824
Circulating Supply
FER 1.18B
(23.5% of Max Supply)
Listing Date
3 Aug 2022
All Time High
$ 0.106
5 Aug 2022
All Time Low
$ 0.00571
2 Nov 2023
From ATH
From ATL
Ferro Protocol is a stable swap AMM protocol that allows users to exchange with low slippage and minimum fees. Ferro's stable curve pool offers a wide array of utility, allows better composability between protocols in Cronos, creates a more effective way to access stablecoins and other highly correlated assets with lower fees, lower slippages, lower impermanent loss, and more utilization of pools.
Money market protocols can list their interest-bearing token in Ferro, while any lower liquidity stablecoins bridged from other chains can leverage the Meta Pool set up to bootstrap the liquidity.
Key Features of Ferro Protocol
xFER token is the yield-bearing token of the Ferro Protocol. Users can opt to convert FER to xFER at the prevailing exchange rate at any time. Ferro Protocol directs a certain portion of the protocol revenues (e.g. swap fees) into the FER:xFER conversion contract, resulting in the continuous increase of xFER over FER over time.
Ferro's current price is $ 0.0132, it has dropped -3.28% over the past 24 hours.
Ferro's All Time High (ATH) of $ 0.106 was reached on 5 Aug 2022, and is currently -87.5% down.
The current circulating supply of Ferro is 1.18 Billion tokens, and the maximum supply of Ferro is 5.00 Billions.
Ferro’s 24 hour trading volume is $ 46.04 Thousands.
Ferro's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 15.53 Million.
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