NFTX
NFTX Price
How is the price of NFTX (NFTX) calculated?
The price of NFTX (NFTX) is calculated in real-time by aggregating the latest data across 3 exchanges and 4 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
NFTX Price Chart (NFTX)
| 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|
| 0.0% | 0.4% | 4.9% | 11.5% | 5.1% | 2.8% |
NFTX Converter
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Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
$5,110,972 |
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Market Cap / FDV
The proportion of current market capitalization compares to market capitalization when meeting max supply.
The closer the Mkt Cap/FDV to 1, the closer the current market capitalization to its fully diluted valuation and vice versa. Learn more about Mkt Cap/FDV here. |
0.65 |
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Market Cap / TVL Ratio
Ratio of market capitalization over total value locked of this asset. A ratio of more than 1.0 refers to its market cap being greater than its total value locked.
MC/TVL is used to approximate a protocol’s market value vs. the amount in assets it has staked/locked. |
0.6 |
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Fully Diluted Valuation
Fully Diluted Valuation (FDV) = Current Price x Total Supply
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation. Learn more about FDV here. |
$7,909,837 |
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Fully Diluted Valuation / TVL Ratio
Ratio of fully diluted valuation (FDV) over total value locked (TVL) of this asset. A ratio of more than 1.0 means that the FDV is greater than its TVL.
FDV/TVL is used to approximate a protocol’s fully diluted market value vs. the amount in assets it has staked/locked. |
0.93 |
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24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
$996.31 |
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Total Value Locked (TVL)
Capital deposited into the platform in the form of loan collateral or liquidity trading pool.
Data provided by Defi Llama |
$8,520,222 |
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Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
420,000
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Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market.
Total Supply = Onchain supply - burned tokens |
650,000 |
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Max Supply
The maximum number of coins coded to exist in the lifetime of the cryptocurrency. It is comparable to the maximum number of issuable shares in the stock market.
Max Supply = Theoretical maximum as coded |
650,000 |
NFTX Historical Price
| 24h Range | $11.67 – $12.33 |
|---|---|
| 7d Range | $11.62 – $13.17 |
| All-Time High |
$499.09
97.6%
Feb 16, 2021 (over 3 years)
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| All-Time Low |
$11.17
8.7%
Sep 07, 2024 (9 days)
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How do you feel about NFTX today?
Where can I buy NFTX?
You may buy NFTX from exchanges such as Uniswap, Gate, Hotbit, and Sushiswap. You can find NFTX trading on various other centralized and decentralized cryptocurrency exchanges.
What is NFTX?
NFTX is a Non-Fungible Token (NFT) index funds protocol built on top of Ethereum.
There are two types of funds on NFTX - D1 and D2 funds.
Every D1 fund token has a 1:1 backing against an NFT. For example, if a user owns 2 PUNK-ZOMBIE, that means the user can redeem exactly two random zombie CryptoPunks at any moment.
Every D2 fund token is a Balancer pool's Liquidity Provider (LP) token that has exposure to several D1 funds’ token. PUNK is a D2 fund that combines five different D1 Punk funds (PUNK-ZOMBIE, PUNK-FEMALE, PUNK-BASIC, PUNK-ATTR-4, and PUNK-ATTR-5).
One of the biggest problems in the NFT space is price discovery due to rampant wash-trading and illiquidity between sales. Having real-time price feeds from popular funds may solve both of these issues.
For example, let’s assume that PUNK-ATTR-4 (Cryptopunk with four attributes) is 150% more expensive than PUNK-BASIC, and the PUNK-ZOMBIE is currently trading at 60 ETH. With this information, users can determine that a zombie CryptoPunk with four attributes should have an approximate price of 150% of 60 ETH, or roughly equal to 90 ETH. We expect more liquidity to flow into NFT markets as more NFT index funds launch.
Other features that the NFTX team expects to release in the future include NFT loans and randomized gift cards. There are currently no fees charged on NFTX.
Who are the target users of NFTX?
NFTX does not aim to serve the hardcore NFT collectors, as these collectors enjoy browsing and trading individual NFTs. Instead, NFTX seeks to serve investors that want exposure to the NFT market. Investing in an index allows investors that do not have time or expertise on NFTs to benefit from the rise in NFTs’ valuation.
With only the D1 funds to bootstrap Asset Under Management (AUM), a more diverse D2 fund is expected to be created to have a more diversified exposure to the NFT market. NFTX aims to be the go-to place for NFT investments. Users will arrive at the homepage and will be able to view metrics for top-level funds backed by NFT blue-chips such as CryptoPunks, Axies, CryptoKitties, Avastars, and Hashmasks.
How to become the NFTX’s funds Liquidity Provider?
Using Hashmasks Index Fund (MASK) as an example, users can supply one or multiple Hashmasks as collateral, which gives back index fund tokens called MASK. MASK tracks the ETH-floor price of all Hashmasks in the index fund.
The Hashmasks basic pool is set up to accept any Hashmasks and does not consider specific attributes of the NFT. Because of this, this index fund will organically become a fund that attracts the least valuable Hashmasks, often referred to as floor Hashmasks.
Redeeming collateral from an index pool will give users back random Hashmasks from the same index fund - there is no guarantee that users can get back the original deposited Hashmasks.
Where can you buy NFTX?
NFTX tokens can be traded on decentralized exchanges and centralized crypto exchanges. The most popular exchange to buy and trade NFTX is Sushiswap, where the most active trading pair NFTX/WETH has a trading volume of $806.54 in the last 24 hours. Other popular options include Gate.io and Uniswap V3 (Ethereum).
What is the daily trading volume of NFTX (NFTX)?
The trading volume of NFTX (NFTX) is $996.31 in the last 24 hours, representing a -64.70% decrease from one day ago and signalling a recent fall in market activity.
What is the all-time high for NFTX (NFTX)?
The highest price paid for NFTX (NFTX) is BTC0.01028, which was recorded on Feb 16, 2021 (over 3 years). Comparatively, the current price is -97.60% lower than the all-time high price.
What is the all-time low for NFTX (NFTX)?
The lowest price paid for NFTX (NFTX) is BTC0.0001976, which was recorded on Sep 07, 2024 (9 days). Comparatively, the current price is 8.70% higher than the all-time low price.
What is the market cap of NFTX (NFTX)?
Market capitalization of NFTX (NFTX) is BTC88.1545 and is ranked #1680 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of NFTX tokens (420 Thousand tokens are tradable on the market today).
What is the fully diluted valuation of NFTX (NFTX)?
The fully diluted valuation (FDV) of NFTX (NFTX) is BTC136.4295. This is a statistical representation of the maximum market cap, assuming the maximum number of 650 Thousand NFTX tokens are in circulation today. Depending on how the emission schedule of NFTX tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of NFTX compare against its peers?
With a price increase of 4.90% in the last 7 days, NFTX (NFTX) is outperforming the global cryptocurrency market which is up 0.40%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.
How to add NFTX (NFTX) to MetaMask?
Adding NFTX (NFTX) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import NFTX as a token. You can copy NFTX’s contract address (0x87d73e916d7057945c9bcd8cdd94e42a6f47f776) and import it manually, or if you've installed MetaMask's chrome extension, add NFTX to MetaMask with one click on CoinGecko.
Add NFTX to MetaMask.
NFTX Markets
| # | Exchange | Pair | Price | Spread | +2% Depth | -2% Depth | 24h Volume | Volume % | Last Updated | Trust Score | |
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| 1 |
DEX
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$12.15 | 0.61% | $791 | $789 | $806.00 | 80.98% |
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| 2 |
CEX
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$12.15 | 0.83% | $30 | $2 | $155.00 | 15.61% |
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| 3 |
CEX
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$12.56 | 4.28% | $0 | $0 | $34.00 | 3.41% |
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| 4 |
DEX
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$11.89 | 0.62% | $441 | $440 | $119.00 | 12.04% |
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NFTX Guides
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