About Cryptex Finance
CTX is an Ethereum token that governs Cryptex Finance, a platform that issues a token (called TCAP) that tracks the total market capitalization of the crypto market. CTX can be used to vote for upgrades to the Cryptex protocol.
Buy Cryptex FinanceTrading Insights
Buyer Ratio
Traders
62
-8.82%
Buyers
24
-17.24%
Sellers
40
-13.04%
Searched
53
Market Stats
Market Cap
£8.12M
-1.75%
FDV
£10.72M
Circ. Supply
7.6M CTX
Max Supply
10M CTX
Total Supply
10M CTX
Diluted Valuation
£10.73M
Performance
Popularity
#1,151
Dominance
0%
Volume (24H)
£1.86M
12.7%
Volume (7D)
£20.36M
Volume (30D)
£34.65M
All time high
£33.27
Price Change (1Y)
-32.83%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Defi tokens: Decentralised Finance (or 'DeFi') tokens (e.g. UNI, AAVE) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.
Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.
Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets. For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.
Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.
Data/oracle risk: DeFi protocols often rely on external data sources or 'oracles'. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.
Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.
Additional details
Recent trends
The price of Cryptex Finance has increased by 0.03% in the last hour and decreased by 1.31% in the past 24 hours. Cryptex Finance’s price has also fallen by 4.62% in the past week. The current price is £1.07 per CTX with a 24-hour trading volume of £1.86M. Currently, Cryptex Finance is valued at 96.78% below its all time high of £33.27. This all-time high was the highest price paid for Cryptex Finance since its launch.
The current circulating supply of Cryptex Finance is 7,573,189.451 CTX which means that Cryptex Finance has as total market cap of £8,121,352.96.
Market details
CTX vs markets
↘ 63.71%
CTX vs BTC
↘ 62.98%
CTX vs ETH
↘ 61.23%
Tags
Network & Addresses
Network | Address | |
---|---|---|
Ethereum | 0x321C2fE4446C7c963dc41Dd58879AF648838f98D | |
Base | 0xBB22Ff867F8Ca3D5F2251B4084F6Ec86D4666E14 | |
Arbitrum | 0x84F5c2cFba754E76DD5aE4fB369CfC920425E12b |
Price history
Time | Price | Change |
---|---|---|
Today | £1.07 | ↘ 1.31% |
1 Day | £1.09 | ↘ 1.31% |
1 Week | £1.12 | ↘ 4.62% |
1 Month | £1.15 | ↘ 5.87% |
1 Year | £1.62 | ↘ 32.83% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Cryptex Finance (CTX) is a decentralized financial platform that strives to provide open-source solutions for the global crypto community. By leveraging Ethereum's smart contract system, Cryptex Finance has developed a range of decentralized financial solutions, including the Total Market Cap Token (TCAP) and others. The platform's primary focus is on tokenizing total cryptocurrency market capitalization for real-time trade. CTX, an ERC-20 utility and governance token, plays a crucial role within the Cryptex Finance ecosystem, allowing token holders to vote on upgrades, manage the Cryptex treasury, and create proposals.
Cryptex Finance operates through Ethereum's smart contract system, enabling the creation of decentralized financial solutions. One of its key offerings is the TCAP token, an ERC-20 compatible smart contract that tokenizes real-time total market capitalization from all cryptocurrencies. The TCAP system requires a minimum value of ratio between 150% and 200% backing collateral. For any TCAP token to be minted, there must be at least 100% collateral value staked in a smart contract on the Ethereum network. These collateralized smart contracts for TCAP are referred to as Vaults. The platform also implements a parameterizable Burn Fee, which is paid in ETH every time TCAPs are burned in the Vault Debt repayment process.
Cryptex Finance aims to provide a platform for gaining exposure to the entire cryptocurrency market in a decentralized and trust-minimized protocol. With the launch of TCAP, users in the decentralized finance space can have exposure to cryptocurrencies in a unique way. The CTX token allows holders to participate in the governance of the Cryptex Finance ecosystem, including voting on upgrades and managing the Cryptex treasury. This makes Cryptex Finance a potential tool for those interested in participating in the management and decision-making processes of a decentralized financial platform.
Cryptex Finance was developed with the aim of providing open-source financial solutions for the global crypto community. The platform's flagship product, the Total Market Cap token (TCAP), was designed to offer users exposure to the entire cryptocurrency market. The TCAP Protocol is managed as a Decentralized Autonomous Organization (DAO) governed by the CTX token. CTX holders can make governance proposals, vote on such proposals, and delegate their votes to other CTX holders. This governance model allows for various parameters of the TCAP system to be modified to suit the interest of the community and project.
We update our Cryptex Finance to GBP currency in real-time. Get the live price of Cryptex Finance on Coinbase.
The current market cap of Cryptex Finance is £8.12M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Cryptex Finance is £33.27. This all-time high is highest price paid for Cryptex Finance since it was launched.
Over the last 24 hours, the trading volume of Cryptex Finance is £1.86M.
Assets that have a similar market cap to Cryptex Finance include Unizen, Pups (Bitcoin), Odos, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Cryptex Finance is 7.6 million.
Cryptex Finance ranks 208 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 90% of Coinbase users are buying Cryptex Finance. In other words, 90% of Coinbase customers have increased their net position in Cryptex Finance over the past 24 hours through trading.
Yes, Cryptex Finance is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Cryptex Finance guide.
Social stats
Popularity in posts
#1885
Contributors
85
Posts
184
% About Cryptex Finance
0.011%
Hold times
0 days
X (Twitter)
59.94% bullish
Sentiment
3.2 ★
Highlights
85 unique individuals are talking about Cryptex Finance and it is ranked #1,885 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Cryptex Finance has an average sentiment score of 63 out of 5. Finally, Cryptex Finance is becoming less newsworthy, with 0 news articles published about Cryptex Finance.
On Twitter, people are mostly bullish about Cryptex Finance. There were 66.62% of tweets with bullish sentiment compared to 11.15% of tweets with a bearish sentiment about Cryptex Finance. 33.38% of tweets were neutral about Cryptex Finance. These sentiments are based on 184 tweets.
On Reddit, Cryptex Finance was mentioned in 0 Reddit posts and there were 0 comments about Cryptex Finance. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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