CryptocurrenciesTokensFracton Protocol
FT

Fracton ProtocolFT

Rank #2682
Token
On 2,558 watchlists

Fracton Protocol Price (FT)

$2.02
3.33%

0.0001055 BTC2.69%

0.001559 ETH2.26%

Low:$2.01
High:$2.11
24h
FT  Fracton Protocol FT
Price:
$2.02
 3.33%
Market Cap
$3,033,689
0.00%
Fully Diluted Market Cap
$202,245,932
3.33%
Volume
24h
$6,053,244
2.06%
Volume / Market Cap
2
Self Reported Circulating Supply
1,500,000.00 FT
Max Supply
100,000,000
Total Supply
100,000,000
Sponsored

Fracton Protocol to USD Chart

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FT to USD Converter

FT

Fracton Protocol

USD

United States Dollar

FT Price Statistics

Fracton Protocol Price Today
Fracton Protocol Price$2.02
Price Change24h-$0.06976
3.33%
24h Low / 24h High
$2.01 /
$2.11
Trading Volume24h$6,053,243.88
2.06%
Volume / Market Cap2
Market Dominance0.00%
Market Rank#2682
Fracton Protocol Market Cap
Market Cap$3,033,688.98
Fully Diluted Market Cap$202,245,932.26
3.33%
Fracton Protocol Price Yesterday
Yesterday's Low / High
$2.05 /
$2.11
Yesterday's Open / Close
$2.06 /
$2.10
Yesterday's Change

2.14%

Yesterday's Volume$5,904,683.86
Fracton Protocol Price History
7d Low / 7d High
$1.93 /
$2.41
30d Low / 30d High
$1.53 /
$2.50
90d Low / 90d High
$0.8017 /
$3.00
52 Week Low / 52 Week High
$0.8017 /
$3.00
All Time High
Aug 16, 2022 (2 months ago)
$3.00
32.60%
All Time Low
Aug 18, 2022 (a month ago)
$0.8017
152.28%
Fracton Protocol ROI

911.23%

Fracton Protocol Supply
Circulating Supply1,500,000 FT
Total Supply100,000,000 FT
Max Supply100,000,000 FT

FT to USD Converter

FT

Fracton Protocol

USD

United States Dollar

FT Price Live Data

The live Fracton Protocol price today is $2.02 USD with a 24-hour trading volume of $6,053,244 USD. We update our FT to USD price in real-time. Fracton Protocol is down 3.33% in the last 24 hours. The current CoinMarketCap ranking is #2682, with a live market cap of not available. The circulating supply is not available and a max. supply of 100,000,000 FT coins.

If you would like to know where to buy Fracton Protocol at the current rate, the top cryptocurrency exchange for trading in Fracton Protocol stock is currently KuCoin. You can find others listed on our crypto exchanges page.

What Is Fracton Protocol (FT)?

Fracton Protocol is an NFT-based liquidity infrastructure that releases the financial attributes from NFT collectibles by fractionalizing NFT and that eliminates some issues of other NFT liquidity infrastructures, such as low efficiency, high transaction fee, and limited application. The protocol is implemented as a set of smart contracts, like meta-swap, to prioritize censorship resistance, security as well as gas efficiency. For example, Fracton collaborates with Exchanges to build NFT ETF and provide an efficient and smooth fractionalized NFT trading experience for users. With a well-established NFT ETF, Fracton is able to solve NFT price feed problems for multiple scenarios, such as NFT oracle, NFT lending, NFT perp, etc.

FT is the native utility token that is used for: Incentivize the interactive activities on Fracton Protocol Used for governance votes to determine incentive proportions via vote-escrow FT

Fracton is open to any individuals or organizations to involve their NFT collections in Fracton ecosystem. Fracton aims to allow everyone to “Buy your favorite top NFT in any amount”.

Methodology of Fracton Protocol

Fracton enables the NFT liquidity with 2-step fractionalization, making expensive non-fungible assets into affordable shares. As a significant factor for NFT market trading, liquidity determines the effectiveness of price for NFT. In order to improve NFT liquidity and protocol efficiency, Fracton Protocol introduces four solutions:

Liquidity Prompting The whole target NFT collection, instead of a single NFT token, is involved in Fracton Protocol. In addition, 2 steps of fractionalization (Raw NFT(ERC721)-pNFT (ERC1155)-hiNFT (ERC20)) with a fixed swap rate (1:1000) for target NFT collection empowers Fracton Protocol for scaling in NFT financialization. Pool-Less Swap An “LRMB” mechanism Lock/Release tokens on the one side of ERC721/ERC1155/ERC20 token pairs, and Mint&Burn tokens on the other side, removing initial liquidity and LPs for building the liquidity pool. Permissionless Protocol The protocol's services are entirely open for public use with no limitation or filter. The protocol is also immutable, in other words not upgradeable. No one can control the protocol. Stateless System The stateless system means there is no additional state variable to be updated for user actions, reducing >25% gas in token exchange, and >50% gas in converting upNFT into pNFT.

Apart from that, Fracton Protocol asks for only 0.2% transaction fee and 0.3% redemption fee, which minimizes the trading and swapping fiction.

Importantly, Fracton Protocol uses NFT fractionalization to build NFT ETF with exchanges, such as KuCoin, to bring more accurate market fair pricing to top NFTs and provide efficient oracle services based on liquidity for the NFT market. It can tackle most challenges in NFT market, like pricing mechanism, low LTV ratio, liquidation mechanism, poor price depth, etc.

How Many FT Coins Are There in Circulation?

The total supply of Fracton(FT) is 100,000,000.

The FT Token is used for: Incentivize the interactive activities on Fracton Protocol Used for governance votes to determine incentive proportions via vote-escrow FT

How Is the FT Network Secured?

FT is an Ethereum-based, ERC-20-compatible token. As such, it is secured by Ethereum’s Ethash algorithm.

Where Can I Buy Fracton Protocol (FT)?

FT is available on [KuCoin](https://coinmarketcap.com/exchanges/kucoin/) Cryptocurrency newbie? You can read more about how to enter the market and how to buy FT or any other token in the CoinMarketCap education portal — Alexandria.

FT to USD Converter

FT

Fracton Protocol

USD

United States Dollar

FT Price Statistics

Fracton Protocol Price Today
Fracton Protocol Price$2.02
Price Change24h-$0.06976
3.33%
24h Low / 24h High
$2.01 /
$2.11
Trading Volume24h$6,053,243.88
2.06%
Volume / Market Cap2
Market Dominance0.00%
Market Rank#2682
Fracton Protocol Market Cap
Market Cap$3,033,688.98
Fully Diluted Market Cap$202,245,932.26
3.33%
Fracton Protocol Price Yesterday
Yesterday's Low / High
$2.05 /
$2.11
Yesterday's Open / Close
$2.06 /
$2.10
Yesterday's Change

2.14%

Yesterday's Volume$5,904,683.86
Fracton Protocol Price History
7d Low / 7d High
$1.93 /
$2.41
30d Low / 30d High
$1.53 /
$2.50
90d Low / 90d High
$0.8017 /
$3.00
52 Week Low / 52 Week High
$0.8017 /
$3.00
All Time High
Aug 16, 2022 (2 months ago)
$3.00
32.60%
All Time Low
Aug 18, 2022 (a month ago)
$0.8017
152.28%
Fracton Protocol ROI

911.23%

Fracton Protocol Supply
Circulating Supply1,500,000 FT
Total Supply100,000,000 FT
Max Supply100,000,000 FT