Flux DAI FDAI

1. Summary

Ranks

Liquidity

-

Developer

-

Social

63

Momentum (beta)

0

Stack Rank™

-

Price

$0.000000000000 0.0%

Market Cap

$ (#31535)

Supply

/ 400.14M

Tags

Ethereum Ecosystem

More Metrics

Price
All Time High (ATH) Date	30th Dec 2025 (5 months ago)
All Time Low (ATL) Date	30th Dec 2025 (5 months ago)

Supply & Trading Volume
Total Supply	400.14M

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Description

Fluid DAI (fDAI) is a token integrated into the Flux Finance Protocol. It functions as a representation of DAI balances supplied to the protocol through a specific token contract known as the fToken contract. The fToken contract is derived from the Compound V2 cToken model but includes additional features to support both permissionless and permissi...

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Fluid DAI (fDAI) is a token integrated into the Flux Finance Protocol. It functions as a representation of DAI balances supplied to the protocol through a specific token contract known as the fToken contract. The fToken contract is derived from the Compound V2 cToken model but includes additional features to support both permissionless and permissioned assets.

Key Features

• fDAI is minted when users deposit DAI on Flux Finance.
• Depositing DAI makes it available for borrowing, and the depositor earns the DAI supply rate.
• The value of fDAI increases relative to the underlying DAI as interest is earned.
• The interest rate for lenders fluctuates based on the protocol's utilization.

History

• Flux Finance was launched as a decentralized lending protocol in January 2023.
• fDAI was one of the initial assets approved for use on the platform in a genesis vote.

Use Cases

• fDAI can be used as collateral.
• It can be transferred to change ownership of the underlying DAI balance within the Flux Finance protocol.

fDAI is a token that offers an alternative yielding asset within the decentralized finance (DeFi) ecosystem.

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