0.00...019
$ 0.0543
$ 0.0518
Socials
Period | Change | Change (%) | High | Low |
---|---|---|---|---|
24H | -$ 0.00142 | -2.64% | $ 0.0543 | $ 0.0518 |
7D | -$ 0.00152 | -2.83% | $ 0.0552 | $ 0.0491 |
14D | -$ 0.00608 | -10.4% | $ 0.0591 | $ 0.0491 |
1M | -$ 0.00864 | -14.2% | $ 0.0617 | $ 0.0449 |
3M | $ 0.0209 | +66.6% | $ 0.0791 | $ 0.0308 |
6M | -$ 0.00108 | -2.02% | $ 0.0791 | $ 0.0308 |
YTD | $ 0.0206 | +64.8% | $ 0.0791 | $ 0.0314 |
1Y | -$ 0.159 | -75.2% | $ 0.230 | $ 0.0308 |
3Y | $ 0.0506 | +2,956.9% | $ 0.687 | $ 0.00156 |
The Theta protocol has two native tokens, the Theta Token (THETA) and also Theta Fuel (TFUEL). Theta Fuel is the operational token of the Theta protocol, as such, it powers on-chain operations, as well as the governance of the protocol.
Theta Fuel was created in 2017 as an extension to the Theta Ecosystem, which functions as a decentralized peer-to-peer network that aims to offer improved video and data delivery at lower costs than currently available.
As an extension to the entire Theta Ecosystem, Theta Fuel powers all on-chain transactions. This includes transactions for payments to relayers for sharing a video stream, for deploying and interacting with smart contracts. As well as paying for the fees that are associated with transacting NFTs and DeFi applications.
Additionally, it also serves as an incentive to ecosystem users to share their unused computing power and bandwidth resources to become network nodes for video streams and data delivery. This works by rewarding users that stake THETA, and run a node, with a proportional amount of the new TFUEL that is generated.
Deploying two tokens on a network generally comes with benefits. As the second token of the Theta protocol, TFUEL comes with several advantages.
Theta Fuel (TFUEL) can be bought from the CEXs:
Theta Fuel's current price is $ 0.0524, it has dropped -2.64% over the past 24 hours.
Theta Fuel's All Time High (ATH) of $ 0.687 was reached on 9 Jun 2021, and is currently -92.4% down.
The current circulating supply of Theta Fuel is 6.08 Billions coins, and the maximum supply of TFUEL is unlimited.
Theta Fuel’s 24 hour trading volume is $ 2.23 Million.
Theta Fuel (TFUEL) operates on its own blockchain.
Theta Fuel's current share of the entire cryptocurrency market is 0.03%, with a market capitalization of $ 318.36 Million.
You can find more details about Theta Fuel on its official website and on the block explorer.