Fluid

FLUID Price

About Fluid (FLUID)

Fluid is a decentralized finance middleware protocol that provides a unified infrastructure for managing and optimizing assets across various decentralized platforms through advanced smart account technology.

• Implements DeFi Smart Accounts (DSA), which are upgradable on-chain containers that allow users to execute complex, multi-protocol transactions in a single atomic step.
• Features the Avocado Smart Wallet, an account abstraction solution that enables gas-independent transactions and unified management of assets across multiple blockchain networks.
• Operates as a comprehensive liquidity and management layer that aggregates major protocols such as Aave, Compound, and Maker to provide a streamlined user experience.

What Is Fluid

Fluid is an aggregation and management platform designed to bridge the gap between fragmented decentralized finance protocols. It provides a technical layer that allows both individual users and developers to interact with multiple services—such as lending, borrowing, and swapping—from a single point of control. By using its core infrastructure, users can migrate debt between protocols, automate leverage positions, and manage cross-chain assets without manually interacting with each individual platform's underlying smart contracts.

The protocol scales by integrating with a wide array of blockchain networks, including Ethereum and various Layer 2 scaling solutions. The native FLUID token serves as an application utility token, used for governance within the Fluid DAO and to oversee protocol parameters. As the ecosystem grows, Fluid aims to function as a primary liquidity layer that simplifies the complexities of the DeFi landscape.

What Makes Fluid Unique

• DeFi Smart Accounts (DSA): Fluid's architectural foundation relies on DSAs, which are specialized smart contract accounts that grant users the ability to manage positions across multiple protocols simultaneously.
• Avocado Smart Wallet: This wallet introduces advanced account abstraction features, allowing users to pay for transaction fees using any supported token and providing a consistent experience across different blockchain networks.
• Cross-Protocol Composability: The platform specializes in pre-built transaction sequences that enable advanced actions like instant refinancing or collateral swapping between different lending markets.
• Modular Infrastructure: Developers can build their own applications on top of the Fluid infrastructure, leveraging its pre-integrated protocol connectors to reduce development time and complexity.

What Can You Use Fluid for?

• Position Management: Users can monitor and manage their lending and borrowing positions across different protocols from a centralized dashboard.
• Automated Refinancing: The platform allows for the seamless migration of debt or collateral from one protocol to another to take advantage of superior interest rates or risk parameters.
• Leverage Optimization: Advanced users can utilize specialized tools to increase or decrease leverage on their positions with a single transaction.
• Gas-Independent Transactions: Through the Avocado wallet, users can interact with various protocols without the need to hold the native gas token of the specific network they are using.

How Does Fluid Work?

Fluid functions as a smart contract-based middleware that sits between the user and various decentralized protocols. When a user interacts with the platform, they utilize a DeFi Smart Account (DSA), which acts as a proxy for their actions. This account executes instructions known as "connectors," which are specifically programmed to interact with the smart contracts of external platforms.

Because the DSA is itself a smart contract, it can bundle multiple operations into a single transaction. This ensures that either all steps succeed or the entire transaction is reverted, protecting the user from partial execution failures. The FLUID token powers this ecosystem by enabling holders to participate in governance, voting on new protocol integrations and the management of the protocol's liquidity layer and protocol service fees.

Team Info and Investors

The project was founded by a team with extensive experience in the decentralized finance sector, originally launching as Instadapp before its transition to the Fluid brand. While specific individual founder biographies are not detailed in the available source material, the project has secured backing from several prominent venture capital firms. Notable investors include Coinbase Ventures, Pantera Capital, and Binance, indicating significant institutional interest in the protocol's infrastructure-focused approach to the management of decentralized assets.

Where can you buy Fluid?

FLUID tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Fluid is Bybit, where the most active trading pair FLUID/USDT has a trading volume of $152,839.46 in the last 24 hours. Other popular options include Toobit and Bitunix.

What is the daily trading volume of Fluid (FLUID)?

The trading volume of Fluid (FLUID) is $1,940,025.40 in the last 24 hours, representing a 5.10% 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 Fluid (FLUID)?

Fluid (FLUID) reached an all-time high of $24.40 and an all-time low of $0.3665. It’s now trading -96.20% below that peak and 150.50% above its lowest price.

What is the market cap of Fluid (FLUID)?

Market capitalization of Fluid (FLUID) is $71,967,367 and is ranked #338 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of FLUID tokens (79 Million tokens are tradable on the market today).

What is the fully diluted valuation of Fluid (FLUID)?

The fully diluted valuation (FDV) of Fluid (FLUID) is $91,448,683. This is a statistical representation of the maximum market cap, assuming the maximum number of 100 Million FLUID tokens are in circulation today. Depending on how the emission schedule of FLUID tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Fluid compare against its peers?

With a price decline of -19.90% in the last 7 days, Fluid (FLUID) is underperforming the global cryptocurrency market which is down -2.60%, while underperforming when compared to similar Polygon Ecosystem cryptocurrencies which are up 0.00%.

How to add Fluid (FLUID) to MetaMask?

Adding Fluid (FLUID) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import FLUID as a token. You can copy FLUID’s contract address (0x6f40d4a6237c257fff2db00fa0510deeecd303eb) and import it manually, or if you've installed MetaMask's chrome extension, add FLUID to MetaMask with one click on CoinGecko.

Add FLUID to MetaMask.