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Tectonic

Tectonic TONIC Price $ 0.00...115

Rank: 831

68 Watchlists

DeFi

TONIC Price

0.00...115
2.78%
(-$ 0.00...327)
Price Range
LowHigh
$ 0.00...114$ 0.00...118

General Info

Contracts/Explorers:

Explorers

Tags (Sub-Categories):

#Token

Funds and Backers

No funds found yet

Wallets

No wallets found yet

Description

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

Tectonic (TONIC) Chart

The Tectonic to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

TONIC to USD Converter

Tectonic (TONIC)TONIC

TONIC Price Statistics

leaderboard

Market Cap

$ 28.76M

FDV

$ 57.29M

ATH Market Cap

$ 64.98M

24 Trade Vol.

$ 92.15K


Vol. (24h) / MCap

0.0032

Max Supply

TONIC 500,000,000,000,000

Total Supply

TONIC 500,000,000,000,000

Circulating Supply

TONIC 250.99T

(50.2% 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

94%

From ATL

40.1%

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...115, it has dropped -2.78% over the past 24 hours.

Tectonic's All Time High (ATH) of $ 0.00...191 was reached on 8 Feb 2022, and is currently -94% down.

The current circulating supply of Tectonic is 250.99 Trillions tokens, and the maximum supply of Tectonic is 500.00 Trillions.

Tectonic’s 24 hour trading volume is $ 92.15 Thousands.

Tectonic's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 28.76 Million.

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

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