Fluid Price

Fluid (FLUID) is a cryptocurrency token operating on the Ethereum platform. Currently ranked #265 with a price of $5.92, it has shown a -7.08% change in the last 24 hours. Fluid is designed to provide innovative solutions within the DeFi ecosystem, focusing on decentralized finance applications. The token has a total supply of 100M FLUID FLUID, with 39.43M FLUID currently in circulation. In the past 24 hours, Fluid has traded between a low of $5.83 and a high of $6.42, with a trading volume of $149.73K. Fluid is part of several notable ecosystems including Ethereum, Coinbase Ventures Portfolio, and Binance Ecosystem. It incorporates DAO governance features, allowing token holders to participate in protocol decisions. With a market capitalization of $233.78M, Fluid represents a unique offering in the blockchain space, particularly for those interested in DeFi innovations.

Fluid was created on June 19, 2021. Originally launched as Instadapp, it rebranded to Fluid as part of its growth strategy. The cryptocurrency operates on the Ethereum platform and was designed to improve capital efficiency in lending markets. With a total supply of 100M FLUID tokens, Fluid aims to provide a more dynamic lending protocol that enables users to enhance yields through liquidity mining and cross-protocol arbitrage while borrowing.

Fluid was founded by Ahmed W. Ismail, who serves as the President and CEO of the project. Ahmed is also the co-founder and board member of HAYVN, a regulated cryptocurrency platform. The founding team established Fluid with the vision of creating an AI-quant-based liquidity aggregator in the DeFi space. The project officially launched in 2021 and has since developed its ecosystem on the Ethereum blockchain. The founding team has backgrounds in finance and technology, bringing expertise to address liquidity challenges in cryptocurrency markets through their innovative platform.

Fluid operates through a unified liquidity layer on the Ethereum blockchain, integrating lending, borrowing, and trading functionalities into one seamless ecosystem. As an ERC-20 token currently priced at $5.92, FLUID serves as the governance and utility token of the protocol. The system works by pooling liquidity from various sources and optimizing capital efficiency across DeFi applications. Users can participate in the ecosystem by staking FLUID tokens to earn rewards and voting rights on protocol decisions. With a current market cap of $233.78M and 24-hour trading volume of $149.73K, Fluid has established itself in the DeFi space. The token has a total supply of 100M FLUID with 39.43M FLUID currently in circulation. The protocol leverages smart contracts to automate lending processes, optimize interest rates, and provide seamless liquidity across different DeFi platforms, making it easier for users to access financial services without traditional intermediaries.

Fluid operates on a sophisticated technical architecture built on the Ethereum blockchain. The system utilizes smart contract technology with several key components: 1. Smart Collateral Management: Allows users to collateralize multiple assets and dynamically adjust collateral ratios for optimal capital utilization. 2. Cross-Chain Integration: Fluid's architecture supports interoperability across multiple blockchains. 3. Liquidity Aggregation: The protocol employs algorithms to pool liquidity from various sources. 4. Smart Order Routing: Optimizes transaction execution by finding the most efficient paths. 5. Risk Management Framework: Implements automated risk assessment and mitigation strategies. The Fluid token (FLUID) serves as the utility and governance token within this ecosystem, with a total supply of 100M FLUID tokens. The protocol's architecture prioritizes capital efficiency, security, and scalability to support its DeFi applications.

Fluid has an ambitious roadmap focused on revolutionizing DeFi through its unified liquidity layer. The project aims to expand its ecosystem by enhancing lending, borrowing, and trading capabilities while optimizing capital efficiency across multiple blockchains. By 2026, Fluid plans to implement cross-chain interoperability solutions and introduce advanced yield optimization strategies. The team is working on governance improvements to give FLUID holders more control over protocol decisions. With backing from notable investors including Coinbase Ventures and integration with the Ethereum and Binance ecosystems, Fluid is positioned for significant growth. If current development momentum continues, analysts suggest FLUID could potentially reach $10 by 2027, representing substantial growth from its current price of $5.92.