Fathom Dollar

FXD Price

FXD is an XDC Network-based stablecoin, representing a stable-price cryptocurrency issued and developed by Fathom DAO, a decentralized autonomous organization. The value of FXD is softly pegged to the U.S. dollar and is supported by an over-collateralized XDC Token, which is securely held in smart-contract vaults during the creation of new FXD tokens.

One of the primary objectives of FXD is to address the existing gap in trade finance by offering direct access to alternative investors for micro, small, and medium-sized enterprises (MSMEs). Through platforms like portal.tradefinex.org and fathom.fi, Leveraging the fast, scalable, and secure infrastructure of the XDC Network, FXD provides Stable options to MSMEs with a more accessible and cost-effective means to access the necessary capital for business growth. This initiative contributes to economic expansion and job creation, empowering MSMEs to thrive in the global marketplace.

Where can you buy Fathom Dollar?

FXD tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Fathom Dollar is Fathom DEX, where the most active trading pair FXD/XUSDT has a trading volume of $43.00 in the last 24 hours.

What is the daily trading volume of Fathom Dollar (FXD)?

The trading volume of Fathom Dollar (FXD) is $88.79 in the last 24 hours, representing a 75.10% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Fathom Dollar (FXD)?

Fathom Dollar (FXD) reached an all-time high of $7.99 and an all-time low of $0.4415. It’s now trading -88.90% below that peak and 100.50% above its lowest price.

What is the market cap of Fathom Dollar (FXD)?

Market capitalization of Fathom Dollar (FXD) is $690,050 and is ranked #3294 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of FXD tokens (780 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of Fathom Dollar (FXD)?

The fully diluted valuation (FDV) of Fathom Dollar (FXD) is $690,050. This is a statistical representation of the maximum market cap, assuming total number of 780 Thousand ETH tokens are in circulation today.

How does the price performance of Fathom Dollar compare against its peers?

With a price decline of -1.20% in the last 7 days, Fathom Dollar (FXD) is outperforming the global cryptocurrency market which is down -1.40%, while underperforming when compared to similar Stablecoins cryptocurrencies which are down -0.70%.