Aofex

Theta Fuel 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.

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Coin’s Details

  • Market Capitalization

    $1.71 B

  • Fully diluted valuation

    $0.0

  • Volume 24H

    $24.31 M

  • Circulating supply

    5 459 307 152

  • Total supply

    5 301 200 000

  • Circ. percent

    103.0%

  • All-time high

    $0.6800 (-55.5%)

  • All-time high date

    Jun 9th, 2021

  • All-time low

    $0.0009 (33 336%)

  • All-time low date

    Mar 13th, 2020

  • First announced

Theta Fuel News