Fringe Finance Logo

Fringe Finance FRIN

Fringe Finance header image

1. Summary

Ranks

Liquidity
71
Developer
-
Social
74
Momentum (beta)
14
Stack Rankā„¢
-
Price
$0.000803690000 +0.1%
Market Cap
$810,084.00 (#4196)
Supply
1.00B / 1.00B
Price
52W High price $0.01
52W High date 8th Jan 2024 (11 months ago)
All Time High (ATH) Date 13th Mar 2021 (3 years ago)
ATH Price $0.08
% From ATH -99.33%
All Time Low (ATL) Date 5th Aug 2024 (4 months ago)
ATL Price $0.000460260000
% From ATL 18.83%
Supply & Trading Volume
Trading Volume (24h) $133,657.00
Total Supply 1.00B
Circulating Supply 1.00B
Description

Fringe Finance is a decentralized money market designed to unlock the capital spread in crypto assets regardless of their capitalization and supported network. It provides a next-generation DeFi lending and borrowing ecosystem to unlock dormant capital from traditional financial markets and all-tier cryptocurrencies.

Fringe Finance is a decentralized money market designed to unlock the capital spread in crypto assets regardless of their capitalization and supported network. It provides a next-generation DeFi lending and borrowing ecosystem to unlock dormant capital from traditional financial markets and all-tier cryptocurrencies.

Key Features

  • Multi-Asset Support: Fringe Finance accepts over 150 assets across five chains as collateral for loans, including smaller altcoins often overlooked by other DeFi platforms.
  • Advanced Security: Fringe Finance does not rehypothecate collateral used to secure borrowing, providing greater security for lenders in the event of market downturns and maintaining control for borrowers' collateral assets.
  • Enhanced Price Stability: The platform uses a market-manipulation-resistant price stability model to protect against market price manipulation and ensure reliable pricing.
  • Margin Trading: Fringe Finance offers spot margin trading facilities with reduced price impacts for traders taking leveraged positions.
  • Staking & Rewards: Users can stake FRIN tokens in the Staking Pool to earn rewards from fees collected by the Fringe ecosystem.
  • USB Stablecoin Platform: Fringe Finance provides a stablecoin platform pegged to the US Dollar, allowing users to mint and manage stablecoin investments.
  • Future Development: The platform has announced future features such as cross-chain collateralization, fixed-interest loans, a truly decentralized UI, and embedded DeFi insurance.

Goals

  • Unlocking Dormant Capital: Fringe Finance aims to aggregate and unlock value distributed amongst untapped digital assets.
  • Improving DeFi Ecosystem: The platform is committed to providing robust, cost-efficient, and secure solutions for a diverse range of users.

Platform Details

  • Fringe Finance Token (FRIN): FRIN is the native token used in the Fringe Finance ecosystem.
  • Governance: The platform is transitioning governance to the Fringe Finance DAO, allowing stakeholders to guide its future direction.
2. Price

FRIN

2.1. Market Performance

How does Fringe Finance's (FRIN) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-28.2%

FRIN

-14.0%

Similar Market Cap

60 Day Return

-60.8%

FRIN

-28.8%

Similar Market Cap

1 Year Return

-54.8%

FRIN

-40.2%

Similar Market Cap

3. Developer Activity

No GitHub repos found. Either the project is not open source or we don't have data yet.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users 348
Active Discord Users 22
Telegram Users 2,702
Twitter followers 25,114
5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://fringe.fi/
Explorer https://etherscan.io/token/0xC9fE6E1C76210bE83DC1B...
Twitter @fringefinance

What is the correct contract address for Fringe Finance?

Ethereum 0xc9fe6e1c76210be83dc1b5b20ec7fd010b0b1d15

Has Fringe Finance been audited for security?

No security audits found for this project.

Are you the owner of Fringe Finance? Edit it here

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