Cryptos:  11,061Exchanges:  390Market Cap:  $1,539,257,656,88324h Vol:  $94,092,657,479Dominance:  BTC: 47.0% ETH: 17.8%ETH Gas:  20 Gwei
Cryptos:  11,061Exchanges:  390Market Cap:  $1,539,257,656,88324h Vol:  $94,092,657,479Dominance:  BTC: 47.0% ETH: 17.8%ETH Gas:  20 Gwei
TFUEL

Theta FuelTFUEL

Rank #49
Coin
On 106,866 watchlists

Theta Fuel Price (TFUEL)

$0.3556
1.43%

0.000009229 BTC1.43%

0.0001516 ETH1.43%

Low:$0.3429
High:$0.3913
24h
TFUEL  Theta Fuel TFUELPrice: $0.3556 1.43%
Market Cap
$1,885,089,049
1.43%
Fully Diluted Market Cap
$1,885,089,049
7.34%
Volume
24h
$236,912,208
19.52%
Volume / Market Cap
0.1257
Circulating Supply
5.30B TFUEL
Max Supply
--
Total Supply
5,301,214,400
Sponsored

Theta Fuel Chart

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TFUEL Price Live Data

The live Theta Fuel price today is $0.355596 USD with a 24-hour trading volume of $236,912,208 USD. Theta Fuel is down 1.43% in the last 24 hours. The current CoinMarketCap ranking is #49, with a live market cap of $1,885,089,049 USD. It has a circulating supply of 5,301,214,400 TFUEL coins and the max. supply is not available.

If you would like to know where to buy Theta Fuel, the top exchanges for trading in Theta Fuel are currently Binance, Upbit, Gate.io, ZT, and BKEX. You can find others listed on our crypto exchanges page.

What Is Theta Fuel (TFUEL)?

Theta Fuel (TFUEL) is one of the two native tokens on the Theta blockchain. TFUEL should not be mistaken for Theta Token (THETA), which is the governance token of the Theta blockchain supported by thousands of community-run Guardian nodes and its Enterprise validators including Google, Binance, Blockchain ventures, Gumi and Samsung.

TFUEL is the second token on the Theta blockchain that serves as the utility token in decentralized video and data delivery, it also acts as a gas token. This means that it is used to power all operations on the Theta blockchain, like payments to relayers for sharing a video stream, for deploying and interacting with smart contracts, and as fees associated with transacting NTFs and DeFi applications.

In addition, it is also used to incentivize users in the ecosystem who share their redundant computing power as Edge Compute nodes as well as bandwidth resources as Edge Caching nodes for video streams and other data.

Who Are the Founders of Theta Fuel?

Theta Fuel, and in extension, the entire Theta Ecosystem, was co-founded by Mitch Liu and Jieyi Long in 2017. Liu has a long history in the gaming, video and virtual reality industries, co-founding video advertising firm Tapjoy, mobile social gaming startup Gameview Studios, and THETA.tv, the live streaming platform whose DApp was the first to be built on the Theta protocol.

Jieyi Long is Theta’s second co-founder and CTO, following similar multi-year experience in design automation, gaming, VR, and large scale distributed systems. He authored multiple peer-reviewed academic papers and holds various patents in video streaming, blockchain and virtual reality.

Theta now has a modest team, and its official website lists strategic corporate investors as Samsung NEXT, Sony Innovation Fund, media investors BDMI Bertelsmann Digital Media Investments, CAA Creative Artists Agency, and traditional Silicon Valley VCs including DCM, Sierra Ventures and the VR Fund.

What Makes Theta Fuel Unique?

Theta’s main use case is decentralizing video streaming, data delivery and edge computing, making it more efficient, cost-effective and fair for industry participants. The network runs on a native blockchain, with two native tokens, known as Theta (THETA) and Theta Fuel (TFUEL), powering the internal economy.

Theta’s appeal is threefold: viewers get rewarded with better quality streaming service, content creators improve their earnings and middlemen — video platforms — save money on building infrastructure and increase advertising, subscription revenues. Users have an incentive to both watch network content and share network resources, as rewards come in the form of TFUEL tokens.

The platform is open source, and token holders receive governance powers as with many proof-of-stake (PoS)-based blockchain ecosystems. In addition to video, data and computing, Theta caters to developers looking to launch decentralized applications (DApps) such as DeFi and NFTs on its fully featured EVM-compatible smart contract platform.

How Many Theta Fuel (TFUEL) Coins Are There in Circulation?

As earlier mentioned, there are two coins in the Theta ecosystem; THETA and TFUEL. Both coins are used as the main tools for interaction on the Theta blockchain, yet serve different functions.

There are currently 5,232,675,200 TFUEL coins in circulation, which grows each year as new TFUEL is generated for staking rewards. Theta Tokens are fixed and at their max supply, which means there are 1,000,000,000 coins in circulation which will never increase.

Theta runs on the proof-of-stake algorithm, which means staking is possible. Since the amount of THETA in circulation is the max supply there will ever be, TFUEL is the reward for staking on the network. To qualify for staking, you have to stake at least 1,000 THETA to a Guardian Node or run your own Guardian Node.

How Is the Theta Network Secured?

The Theta Blockchain relies on a proof-of-stake consensus algorithm. It, however, adds a multi-level Byzantine Fault Tolerance (BFT) consensus mechanism on its blockchain to achieve better security along with higher transaction throughput.

At the time of Theta Mainnet launch in March 2019, Theta introduced Guardian Nodes. With the Guardian Node, no single entity controls the majority of THETA tokens being staked at any one time. This further helps the network achieve a high transaction throughput of 1000+ TPS.

Theta uses a financial incentive scheme to ensure user participation in governance activities, and hence its network is secured by its own users.

Trying to find your way as a crypto newbie? Find the answers to all your questions with Alexandria, CoinMarketCap’s dedicated education resource.

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TFUEL

Theta Fuel

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USD

United States Dollar

TFUEL Price Statistics

Theta Fuel Price Today
Theta Fuel Price$0.3556
Price Change24h$-0.005168
1.43%
24h Low / 24h High
$0.3429 /
$0.3913
Trading Volume24h$236,912,208.41
19.52%
Volume / Market Cap0.1257
Market Dominance0.12%
Market Rank#49
Theta Fuel Market Cap
Market Cap$1,885,089,048.60
1.43%
Fully Diluted Market Cap$1,885,089,048.60
7.34%
Theta Fuel Price Yesterday
Yesterday's Low / High
$0.3191 /
$0.3802
Yesterday's Open / Close
$0.3207 /
$0.3558
Yesterday's Change

10.96%

Yesterday's Volume$300,586,006.96
Theta Fuel Price History
7d Low / 7d High
$0.2262 /
$0.392
30d Low / 30d High
$0.2204 /
$0.4493
90d Low / 90d High
$0.1606 /
$0.6807
52 Week Low / 52 Week High
$0.007372 /
$0.6807
All Time High
Jun 09, 2021 (2 months ago)
$0.6807
47.76%
All Time Low
Mar 13, 2020 (a year ago)
$0.0008894
39883.33%
Theta Fuel ROI

1994.48%

Theta Fuel Supply
Circulating Supply5,301,214,400 TFUEL
Total Supply5,301,214,400 TFUEL
Max SupplyNo Data