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About TFUEL

Theta Fuel (TFUEL) is a cryptocurrency launched in 2019. TFUEL has a current supply of 6.52Bn with 6.52Bn in circulation. The last known price of TFUEL is 0.083691915859 USD and is -0.004897337424 over the last 24 hours. It is currently trading on active market(s) with $36.52M traded over the last 24 hours. More information can be found at https://www.thetatoken.org.

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TFUEL Price Statistics
TFUEL’s Price Today
24h Price Change
-$0.0048973374245.53%
24h Volume
$36.52M12.22%
24h Low / 24h High
$0.03996958 / $0.04113055
Volume / Market Cap
0.066982134886
Market Dominance
0.02%
Market Rank
#138
TFUEL Market Cap
Market Cap
$545.29M
Fully Diluted Market Cap
$545.29M
TFUEL Price History
7d Low / 7d High
$0.03679919 / $0.04467961
All-Time High
$0.68071584Jun 09, 2021
All-Time Low
$0.00088972Mar 13, 2020
TFUEL Supply
Circulating Supply
6.52Bn
Total Supply
6.52Bn
Max Supply
0
Updated Apr 16, 2024 12:19 pm
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TFUEL
Theta Fuel
$0.083691915859
$0.004897337424(-5.53%)
Mkt Cap $545.29M
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Frequently Asked Questions

  • What Is Theta Fuel (TFUEL)?

    Theta Fuel (TFUEL) is one of the two native tokens on the Theta blockchain. TFUEL should not be mistaken for Theta Token (THETA), which is the governance token of the Theta blockchain supported by thousands of community-run Guardian nodes and its Enterprise validators including Google, Binance, Blockchain ventures, Gumi and Samsung.

    TFUEL is the second token on the Theta blockchain that serves as the utility token in decentralized video and data delivery, it also acts as a gas token. This means that it is used to power all operations on the Theta blockchain, like payments to relayers for sharing a video stream, for deploying and interacting with smart contracts, and as fees associated with transacting NTFs and DeFi applications.

    In addition, it is also used to incentivize users in the ecosystem who share their redundant computing power as Edge Compute nodes as well as bandwidth resources as Edge Caching nodes for video streams and other data.

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  • Who Are the Founders of Theta Fuel?

    Theta Fuel, and in extension, the entire Theta Ecosystem, was co-founded by Mitch Liu and Jieyi Long in 2017. Liu has a long history in the gaming, video and virtual reality industries, co-founding video advertising firm Tapjoy, mobile social gaming startup Gameview Studios, and THETA.tv, the live streaming platform whose DApp was the first to be built on the Theta protocol.

    Jieyi Long is Theta’s second co-founder and CTO, following similar multi-year experience in design automation, gaming, VR, and large scale distributed systems. He authored multiple peer-reviewed academic papers and holds various patents in video streaming, blockchain and virtual reality.

    Theta now has a modest team, and its official website lists strategic corporate investors as Samsung NEXT, Sony Innovation Fund, media investors BDMI Bertelsmann Digital Media Investments, CAA Creative Artists Agency, and traditional Silicon Valley VCs including DCM, Sierra Ventures and the VR Fund.

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  • What Makes Theta Fuel Unique?

    Theta’s main use case is decentralizing video streaming, data delivery and edge computing, making it more efficient, cost-effective and fair for industry participants. The network runs on a native blockchain, with two native tokens, known as Theta (THETA) and Theta Fuel (TFUEL), powering the internal economy.

    Theta’s appeal is threefold: viewers get rewarded with better quality streaming service, content creators improve their earnings and middlemen — video platforms — save money on building infrastructure and increase advertising, subscription revenues. Users have an incentive to both watch network content and share network resources, as rewards come in the form of TFUEL tokens.

    The platform is open source, and token holders receive governance powers as with many proof-of-stake (PoS)-based blockchain ecosystems. In addition to video, data and computing, Theta caters to developers looking to launch decentralized applications (DApps) such as DeFi and NFTs on its fully featured EVM-compatible smart contract platform.

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  • How Many Theta Fuel (TFUEL) Coins Are There in Circulation?

    As earlier mentioned, there are two coins in the Theta ecosystem; THETA and TFUEL. Both coins are used as the main tools for interaction on the Theta blockchain, yet serve different functions.

    There are currently 5,232,675,200 TFUEL coins in circulation, which grows each year as new TFUEL is generated for staking rewards. Theta Tokens are fixed and at their max supply, which means there are 1,000,000,000 coins in circulation which will never increase.

    Theta runs on the proof-of-stake algorithm, which means staking is possible. Since the amount of THETA in circulation is the max supply there will ever be, TFUEL is the reward for staking on the network. To qualify for staking, you have to stake at least 1,000 THETA to a Guardian Node or run your own Guardian Node.

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  • How Is the Theta Network Secured?

    The Theta Blockchain relies on a proof-of-stake consensus algorithm. It, however, adds a multi-level Byzantine Fault Tolerance (BFT) consensus mechanism on its blockchain to achieve better security along with higher transaction throughput.

    At the time of Theta Mainnet launch in March 2019, Theta introduced Guardian Nodes. With the Guardian Node, no single entity controls the majority of THETA tokens being staked at any one time. This further helps the network achieve a high transaction throughput of 1000+ TPS.

    Theta uses a financial incentive scheme to ensure user participation in governance activities, and hence its network is secured by its own users.

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  • What is the all-time high price of Theta Fuel (TFUEL)?

    The all-time high of TFUEL was 0.68071584 USD on 2021-06-09, from which the coin is now down 87.70530800943312%. The all-time high price of Theta Fuel (TFUEL) is 0.68071584. The current price of TFUEL is down 87.70530800943312% from its all-time high.

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  • How much Theta Fuel (TFUEL) is there in circulation?

    As of , there is currently 6.52Bn TFUEL in circulation. TFUEL has a maximum supply of 0.

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  • What is the market cap of Theta Fuel (TFUEL)?

    The current market cap of TFUEL is 545.29M. It is calculated by multiplying the current supply of TFUEL by its real-time market price of 0.083691915859.

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  • What is the all-time low price of Theta Fuel (TFUEL)?

    The all-time low of TFUEL was 0.00088972 , from which the coin is now up 9306.545414175247%. The all-time low price of Theta Fuel (TFUEL) is 0.00088972. The current price of TFUEL is up 9306.545414175247% from its all-time low.

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  • Is Theta Fuel (TFUEL) a good investment?

    Theta Fuel (TFUEL) has a market capitalization of $545.29M and is ranked #138 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Theta Fuel (TFUEL) price trends and patterns to find the best time to purchase TFUEL.

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