Fuel Network

FUEL Price

About Fuel Network (FUEL)

Fuel Network is a high-performance Layer 2 scaling solution for Ethereum designed to provide unmatched throughput and security through its custom virtual machine.

• It utilizes the FuelVM, a custom execution engine that enables parallel transaction processing and state-minimized execution.
• The network is built for home verification, allowing users to run full nodes on consumer hardware without compromising on speed.
• Fuel Ignition, the mainnet implementation, achieves high transaction speeds while maintaining Ethereum-level data availability security.

What Is Fuel Network

Fuel Network is an operating system purpose-built for Ethereum rollups. It aims to solve the "PSI" challenge—Parallelization, State-minimized execution, and Interoperability—by introducing a modular architecture that separates execution from data availability. In the Fuel ecosystem, value moves through a high-throughput environment optimized for low fees and fast finality.

The FUEL token serves as the native asset of the Fuel Ignition network. It is primarily used for paying transaction fees (gas) and securing the network through staking. As the ecosystem grows, the token's utility scales with the increasing demand for block space and protocol services, supporting a range of decentralized applications from prediction markets to capital market decentralized exchanges (DEXs).

What Makes Fuel Network Unique

• FuelVM Architecture: Unlike the single-threaded Ethereum Virtual Machine (EVM), the FuelVM supports parallel transaction execution by identifying account dependencies before processing.
• UTXO-Based Model: Fuel uses a strict state access list in the form of a UTXO model, allowing it to utilize multiple CPU cores that typically remain idle in other blockchains.
• Sway Language: A domain-specific language based on Rust, designed specifically for the FuelVM to offer a safe and high-performance developer experience.
• Stage 2 Security: Fuel v1 was one of the first optimistic rollups to achieve "Stage 2" security status, emphasizing its commitment to decentralization and security.

What Can You Use Fuel Network for?

• High-Frequency Trading: Leverage 1-second block times for real-time prediction markets and intent-driven exchanges.
• Capital Markets: Design complex DEXs and automated market makers (AMMs) using Fuel's inherent UTXO asset model and spending condition architecture.
• Staking and Governance: Participate in network security and decision-making processes through the native FUEL token.
• Low-Cost Transactions: Conduct on-chain activities with fees as low as a fraction of a cent while retaining Ethereum's security.

How Does Fuel Network Work?

Fuel Network operates as a Layer 2 rollup that posts its data to Ethereum for security. Its core innovation is the FuelVM, which moves away from the traditional account-based model toward a UTXO (Unspent Transaction Output) model. This allows the network to process transactions in parallel rather than sequentially, significantly increasing throughput.

Developers build on Fuel using Sway, a language that combines the safety of Rust with the smart contract paradigms of Solidity. The network uses "Fuelup" for toolchain management and "Forc" (Fuel Orchestrator) for building and deploying projects. This vertically integrated stack ensures that the virtual machine, compiler, and developer tools work in harmony to minimize "state bloat"—the growing cost of storing blockchain data over time.

Team Info and Investors

Fuel Network is developed by Fuel Labs, a team focused on building the fastest execution layer for the modular blockchain stack. The project has received recognition from industry leaders for its contributions to rollup security and virtual machine design. While specific early-stage investor lists are not detailed in the primary technical documentation, the project is backed by a global community of developers and contributors through its grant programs and open-source ecosystem.

Where can you buy Fuel Network?

FUEL tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Fuel Network is MEXC, where the most active trading pair FUEL/USDT has a trading volume of $175,513.37 in the last 24 hours. Other popular options include Gate and Bitget.

What is the daily trading volume of Fuel Network (FUEL)?

The trading volume of Fuel Network (FUEL) is $354,777.96 in the last 24 hours, representing a 8.50% 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 Fuel Network (FUEL)?

Fuel Network (FUEL) reached an all-time high of $0.08375 and an all-time low of $0.0006014. It’s now trading -99.00% below that peak and 36.70% above its lowest price.

What is the market cap of Fuel Network (FUEL)?

Market capitalization of Fuel Network (FUEL) is $7,856,415 and is ranked #1394 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of FUEL tokens (9.6 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Fuel Network (FUEL)?

The fully diluted valuation (FDV) of Fuel Network (FUEL) is $8,697,856. This is a statistical representation of the maximum market cap, assuming total number of 11 Billion ETH tokens are in circulation today.

How does the price performance of Fuel Network compare against its peers?

With a price increase of 8.90% in the last 7 days, Fuel Network (FUEL) is outperforming the global cryptocurrency market which is down -4.60%, while outperforming when compared to similar Smart Contract Platform cryptocurrencies which are down -1.90%.