About Ferro
Built on the Cronos blockchain, Ferro Protocol is a StableSwap AMM protocol that allows users to exchange with low slippage and minimum fee and farm tokens by creating more efficient pools consisting of highly correlated assets, as well as allowing better composability between protocols in the Cronos ecosystem. Ferro Protocol offers two main features: 1. Ferro Swap Users can exchange one token with another with customisable slippage as long as both tokens are available in any of the pools within the protocol. 2. Liquidity Pools Users can become liquidity providers and earn incentives by staking their LP tokens into the liquidity farm. You will be rewarded with our native tokens $FER together with the opportunity to lock your tokens with different maturity options to boost your returns and share revenue from the protocol swap fees.
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Trading Insights
Searched
23
Market Stats
Market Cap
ARS 1.32B
-5.26%
FDV
ARS 7.08B
Circ. Supply
933M FER
Max Supply
5B FER
Total Supply
4.5B FER
Total Value Locked
ARS 11.58B
Diluted Valuation
ARS 7.07B
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
ARS 16.88M
-18.74%
Volume (7D)
ARS 125.81M
Volume (30D)
ARS 534.51M
All time high
ARS 205.20
Price Change (1Y)
-81.41%
Additional info about Ferro
Recent trends
The latest FER price is ARS 1.41. Compared to Ferro's value of ARS 1.49 from 24 hours ago, there's been a -5% decrease, while the current price is -7% down from ARS 1.49 which was recorded one week ago. Ferro's all time high is ARS 205.20, which was reached on June 26, 2022. This is a -99% change from its price today.
The current circulating supply of Ferro is 932,530,341. This is 19% of its max supply of 5,000,000,000 FER and 21% of its total supply of 4,536,494,465. The market cap is currently ARS 1.32B, which is a result of multiplying the current price of Ferro(ARS 1.41) by the total supply(4,536,494,465 FER). The fully diluted valuation of Ferro is ARS 7.08B. The diluted valuation of Ferro is ARS 7.08B.
Market details
FER vs markets
↘ 86.08%
FER vs BTC
↘ 88.25%
FER vs ETH
↘ 74.37%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x2f32b39023dA7d6A6486A85d12B346EB9C2A0D19 | |
Crypto.com Coin | 0x39bc1e38c842c60775ce37566d03b41a7a66c782 | |
Ethereum | 0x2f32b39023dA7d6A6486A85d12B346EB9C2A0D19 |
Price history
Time | Price | Change |
|---|---|---|
Today | ARS 1.41 | ↘ 5.14% |
1 Day | ARS 1.49 | ↘ 5.14% |
1 Week | ARS 1.49 | ↘ 6.79% |
1 Month | ARS 1.40 | ↘ 0.60% |
1 Year | ARS 3.80 | ↘ 81.41% |
FAQ
Ferro (FER) is a StableSwap Automated Market Maker (AMM) protocol built on the Cronos blockchain. It strives to provide a more efficient way for users to exchange and farm tokens by creating efficient pools consisting of highly correlated assets. Ferro Protocol offers two main features: Ferro Swap and Liquidity Pools. In Ferro Swap, users can exchange one token with another with customizable slippage, provided both tokens are available in any of the pools within the protocol. Liquidity Pools allow users to become liquidity providers and receive compensation by staking their LP tokens into the liquidity farm. They are rewarded with Ferro's native tokens, $FER, along with the opportunity to lock their tokens with different maturity options to enhance their participation benefits.
Ferro Protocol operates on two main features: Ferro Swap and Liquidity Pools. In Ferro Swap, users can exchange one token for another, as long as both tokens are available in any of the protocol's pools. Users can customize their token exchange by specifying allowable slippage. Liquidity Pools, on the other hand, allow users to become liquidity providers. By staking their LP tokens into the liquidity farm, users can receive compensation. They are rewarded with Ferro's native tokens, $FER, and have the opportunity to lock their tokens with different maturity options to enhance their participation benefits. The protocol also offers a Pool Boost feature, which allows users to stake xFER and NFTs to increase the APR of liquidity pools.
Ferro Protocol aims to provide a more efficient way for users to exchange and farm tokens. It allows better composability between protocols in the Cronos ecosystem, creating a more effective way to access stablecoins and other highly correlated assets with lower fees, lower slippages, and more utilization of pools. Money market protocols can list their compensation-bearing token in Ferro, while any lower liquidity stablecoins bridged from other chains can leverage the Meta Pool set up to bootstrap the liquidity. Users can also stake their LP tokens to receive compensation and enhance their participation benefits. Additionally, Ferro Protocol has introduced features like a rewards dashboard, direct harvest & auto-compounding, and an analytics page to provide users with better visibility of the performance of the protocol and individual pools.
Ferro Protocol was established by a group of DeFi enthusiasts who saw a need to build products that overcome existing challenges in the DeFi space. The protocol was launched on the Cronos blockchain, and its $FER token was introduced via Initial Gem Offerings on VVS Finance. Shortly after its launch, Ferro went live on mainnet with its 3FER Base Pool offering USDT, USDC, and DAI for swapping and liquidity provision. Within a month, $FER became available for trading on various platforms. The protocol quickly became one of the top DApps in the Cronos ecosystem. Ferro Protocol has extended the list of liquidity pools and bolstered its core functionalities.
We update our Ferro to ARS currency in real-time. Get the live price of Ferro on Coinbase.
The current market cap of Ferro is ARS 1.32B. A high market cap implies that the asset is highly valued by the market.
The all-time high of Ferro is ARS 205.20. This all-time high is highest price paid for Ferro since it was launched.
Over the last 24 hours, the trading volume of Ferro is ARS 16.88M.
Assets that have a similar market cap to Ferro include Tap, XRADERS, Anchor Protocol, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Ferro is 933 million.
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