AUTO

AutoAUTO

Rank #401
Token
On 14,297 watchlists

Auto Price (AUTO)

$1,188.07
11.22%

0.03508 BTC11.22%

0.5672 ETH11.22%

Low:$1,174.01
High:$1,339.41
24h
AUTO  Auto AUTOPrice: $1,188.07 11.22%
Market Cap
$57,216,581
10.54%
Market Cap / TVL Ratio
0.05824
Fully Diluted Market Cap
$95,045,467
18.48%
Total Value Locked (TVL)
$982,383,511
Volume
24h
$3,670,212
49.54%
Volume / Market Cap
0.06415
Circulating Supply
48,159.34 AUTO
60%
Max Supply
80,000
Total Supply
48,159

Auto Chart

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AUTO Price Live Data

The live Auto price today is $1,188.07 USD with a 24-hour trading volume of $3,670,212 USD. Auto is down 11.22% in the last 24 hours. The current CoinMarketCap ranking is #401, with a live market cap of $57,216,581 USD. It has a circulating supply of 48,159 AUTO coins and a max. supply of 80,000 AUTO coins.

If you would like to know where to buy Auto, the top exchanges for trading in Auto are currently Binance, HitBTC, MXC.COM, MDEX(BSC), and Hotbit. You can find others listed on our crypto exchanges page.

What Is Auto (AUTO)?

AUTO is the native utility and governance token to the Autofarm protocol, which launched in late December 2020 on the Binance Smart Chain (BSC). Autofarm is a cross-chain yield aggregator that enables users to get a high return on their assets from yield farming pools by staking in Autofarm vaults.

Autofarm aims to be a leading DEX and yield aggregator on the Binance Smart Chain (BSC) by incorporating yield optimization and AMM aggregation as a single product: this allows users to have two products within a single platform, solving the problem of registering on multiple protocols.

Autofarm launched its first cross-chain vault on the Huobi ECO Chain in February 2021. Autofarm expanded its ecosystem in March 2021 by acquiring Farmfol.io an intelligent portfolio manager designed to simplify how users monitor and track their assets on Binance Smart Chain.

The AUTO token can be used for proposals voting and will receive fees earned from the protocol. AUTO initiated a community-fair-launched token distribution by ensuring that only vault users will have an opportunity to participate in the AUTO token vault mining programme.

Who Are the Founders of Auto?

Autofarm was founded by the pseudonymous entity known only as @mildgiraffe. Little is known about him, only that he has knowledge and experience in the crypto space and dealing with codes and smart contracts.

The total value locked (TVL) of the protocol went from $5 million to $537 million in less than two months, putting Autofarm on the third spot in TVL within the BSC ecosystem as of April 2021. Consequently, the price of Auto went up 654x during this period of time.

What Makes Auto Unique?

A major difference between Autofarm when compared to other yield farm projects like Beefy.Finance and ACryptoS is that it claims to have some of the lowest fees in the market. Autofarm also has cross-chain capabilities, initially starting out on the BSC before expanding to the Huobi ECO Chain (HECO), and more cross-chain products are planned in this roadmap.

Auto has two major products: Vaults and AutoSwap.

  • Vaults is a yield farming platform that compounds yields at optimal intervals and offers excellent yield optimization strategies. Vaults benefit users by socializing gas costs, automating the yield generation and compounding process.
  • AutoSwap is a DEX aggregator that provides users the best prices for their DEX trades. It splits trades across multiple DEXes to ensure the best price value and lowest slippage.

End users do not need to be fully versed in the underlying protocols involved or DeFi. Vaults represent a passive-investing strategy similar to a crypto hedge fund, aiming to increase the deposited assets of users.

Learn about Beefy.Finance.

Learn about ACryptoS.

Learn about Polkadot on CMC Alexandria.

Learn more about the world of cryptocurrencies on the CoinMarketCap blog.

How Many Auto (AUTO) Coins Are There in Circulation?

AUTO, the proprietary token of the Autofarm ecosystem, is minted linearly from Dec. 15, 2020, and the minting will end in October 2021. As of April 2021, a total of 14,600 AUTO are in circulation, with the max supply pegged at 80,000 AUTO.

The distribution of the token is as follows: 12% of the tokens generated to the development team to ensure that the protocol can keep innovating while the remaining 88% is allocated for the vault token mining program.

How Is the Auto Network Secured?

Auto is a BEP-20 token and is secured using the proof-of-stake consensus mechanism. Autofarm also performs periodic checks on its smart contracts to ensure that their vaults are not susceptible to exploits or hacks. Autofarm also has a bug bounty program in association with Immunefi, a premier bug bounty platform. The bug bounty program rewards up to $100,000 to community members and developers who detect vulnerabilities on the Autofarm smart contract.

Where Can You Buy Auto (AUTO)?

Auto (AUTO) can be traded on the following exchanges:

Binance

MXC

PancakeSwap

OpeanOcean

Make sure to read our guide on how to buy Bitcoin (BTC) and other cryptocurrencies.

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AUTO

Auto

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USD

United States Dollar

AUTO Price Statistics

Auto Price Today
Auto Price$1,188.07
Price Change24h$-150.10
11.22%
24h Low / 24h High
$1,174.01 /
$1,339.41
Trading Volume24h$3,670,211.68
49.54%
Volume / Market Cap0.06415
Market Dominance0.00%
Market Rank#401
Total Value Locked (TVL)$982,383,511
Auto Market Cap
Market Cap$57,216,581.21
10.54%
Fully Diluted Market Cap$95,045,467.05
18.48%
Auto Price Yesterday
Yesterday's Low / High
$1,213.24 /
$1,350.16
Yesterday's Open / Close
$1,350.16 /
$1,306.47
Yesterday's Change

3.24%

Yesterday's Volume$3,002,618.50
Auto Price History
7d Low / 7d High
$1,132.02 /
$1,411.24
30d Low / 30d High
$960.26 /
$1,285,372.20
90d Low / 90d High
$1,000.53 /
$1,285,372.20
52 Week Low / 52 Week High
$363.81 /
$1,285,372.20
All Time High
Jun 14, 2021 (7 days ago)
$1,285,372.20
99.91%
All Time Low
Feb 03, 2021 (5 months ago)
$363.81
226.56%
Auto ROI
No Data
Auto Supply
Circulating Supply48,159 AUTO
Total Supply48,159 AUTO
Max Supply80,000 AUTO