Theta Fuel price
Current price
$0.00649
−3.57% 24h
Live Updated just now
Today Theta Fuel falls 3.6%, trailing the market.
Scroll to zoom · drag to move · ← → to read prices Pinch to zoom · press and hold to read prices
View as table
| Time | Price |
|---|
Change by period
- 1 hour −3.28%
- 24 hours −3.57%
- 7 days −11.46%
- 30 days −26.81%
- 1 year −70.00%
Theta Fuel's move in context
Lagging the market today
−3.57% in 24 hours against −1.54% for the market as a whole, a gap of 2.0 points. Small gaps like this are common, so they don't point to anything specific.
- We compare the last 24 hours with this coin's typical day, from 26 recent days (up to four weeks). We only count exchanges we read on both days, so an exchange we've just added doesn't look like extra trading. This describes trading, not where the price goes next.
$222.5K traded in the last 24 hours on the exchanges we read, close to its usual day.
- The price of each exchange's last trade, read in the past few minutes, in US dollars or dollar stablecoins; markets with little trading are left out. A last price isn't an offer: what you'd pay also depends on fees, the gap between buying and selling prices, and how much is for sale.
Theta Fuel's last prices on 4 exchanges we read run from $0.006466 on Gate.io to $0.006567 on MEXC, 1.6% apart. Compare before you buy: fees and how much is for sale at each price differ too.
Part of a slide
−11.5% over 7 days and −26.8% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
Where to trade Theta Fuel
Prices differ by up to 1.6% across these 4 exchanges, so compare before you buy.
- Binance Most traded TFUEL/USDT $132.46K 24h volume Last price $0.00649 0.00% vs our price
- MEXC TFUEL/USDT $59.75K 24h volume Last price $0.006567 +1.19% vs our price
- KuCoin TFUEL/USDT $23.47K 24h volume Last price $0.00647 −0.31% vs our price
- Gate.io TFUEL/USDT $6.93K 24h volume Last price $0.006466 −0.37% vs our price
Each exchange's last price against our price above. Listed for convenience, not as advice: check that an exchange is allowed where you live.
About Theta Fuel
Overview
Theta Fuel (TFUEL) is the native utility token of the Theta Network, a decentralized video delivery and streaming platform. The core mission of Theta Fuel is to enhance the decentralized video ecosystem by incentivizing users to share their bandwidth and computing resources, enabling high-quality streaming at a lower cost. As an integral part of the Theta protocol, TFUEL serves numerous functions within the network, including transaction fees, staking rewards, and granting rights within the smart contract ecosystem. Its distinguishing features include scalability, low latency, and an efficient proof-of-stake consensus mechanism that empowers content creators and consumers alike.
Technical Features
The Theta Network operates on a hybrid blockchain architecture consisting of a core layer and an edge layer, enabling it to efficiently deliver high-quality video streams. The consensus mechanism of Theta is based on a variant of Proof-of-Stake (PoS) called Proof-of-Engagement, ensuring that the nodes that contribute to the network’s performance are rewarded fairly. Security is embedded in the network’s design through blockchain technology, which ensures transparency and immutability of records. Unique algorithms, such as the Theta blockchain’s Dynamic Multilevel Byzantine Fault Tolerance (dBFT), provide additional security and scalability by allowing validators to reach consensus effectively and maintaining the integrity of the network. Furthermore, the use of smart contracts on the platform fosters a flexible environment for developers to create decentralized applications (dApps) tailored to video and streaming needs.
Use Cases
The primary use cases for Theta Fuel are deeply rooted in the video streaming industry. TFUEL can be used to pay for transaction fees within the Theta Network and supports the creation and operation of decentralized applications related to video content delivery. It plays a critical role in decentralized finance (DeFi), allowing users to stake their tokens to earn rewards while supporting network operations. Additionally, TFUEL can facilitate transactions for non-fungible tokens (NFTs), enabling the trading of unique digital assets linked to video content. Cross-border payments for streaming services can also be made seamless with TFUEL, eliminating hefty transaction fees and delays traditionally associated with such payments.
Development Background
The Theta Network was founded in 2017 by Mitch Liu and Jieyi Long, who recognized the need for a decentralized approach to video streaming in the face of high costs and bottlenecks in traditional systems. The project gained considerable attention and support from notable organizations such as Samsung and Google, contributing to its rapid growth and community adoption. Since its inception, Theta Fuel has experienced several developments, including its mainnet launch, protocol upgrades, and partnerships that have expanded its ecosystem, making it a significant player in the blockchain space.
Community and Ecosystem
The ecosystem surrounding Theta Fuel is robust, comprising a diverse community of developers, content creators, and enthusiasts. Theta has established partnerships with several high-profile companies to enhance its platform and broaden its reach, including network integrations with mainstream streaming services. The community actively supports the development of applications and projects that leverage the Theta protocol, contributing to a rich tapestry of innovative solutions within the decentralized video space. Furthermore, ongoing discussions and feedback from the community help shape future developments and upgrades of the Theta network.
Future Potential
The future potential of Theta Fuel is promising due to the ongoing demand for high-quality video content and the need for decentralized solutions in the streaming industry. As technologies evolve and more users gravitate toward decentralized platforms, the utility of TFUEL is expected to grow significantly. Upcoming features in the Theta roadmap encompass enhancements to network performance, staking options, and the incorporation of advanced DeFi functionalities. The synergy between classical video delivery infrastructure and the decentralized model that Theta advocates is likely to pave the way for transformative changes in how video content is produced, distributed, and consumed globally.
Theta Fuel market
- Position by market cap among the coins we track whose circulating supply is checked.
- #193
- Position by market cap among the coins we track whose circulating supply is checked.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $47.83M
- Price × coins in circulation. It measures a coin's size, not its quality.
- Dollars traded in the last 24 hours on the exchanges we read, in pairs against the dollar or a dollar stablecoin such as USDT. Sites that count more exchanges and pairs show higher figures.
- $222.5K
- on the exchanges we read
- Dollars traded in the last 24 hours on the exchanges we read, in pairs against the dollar or a dollar stablecoin such as USDT. Sites that count more exchanges and pairs show higher figures.
- The lowest and highest price we recorded in the last 24 hours. The dot marks the current price.
- Low $0.0063 High $0.00674
- The lowest and highest price we recorded in the last 24 hours. The dot marks the current price.
- The highest price in our records for this coin. The bar shows the current price as a share of it.
- $0.6816
- Now 1% of it Reached 9 Jun 2021 · Needs +10,402% to get back
- The highest price in our records for this coin. The bar shows the current price as a share of it.
- Coins that exist now and can be traded.
- 7.37B TFUEL
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 7.53B TFUEL
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- No limit listed
- The most coins that can ever exist. Some coins have no limit.
Theta Fuel converter
1 Theta Fuel = $0.00649
