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.
Trading Insights
Buyer Ratio
Traders
276
360%
Buyers
209
596.67%
Sellers
108
237.5%
Searched
572
Market Stats
Market Cap
£5.99M
49.37%
FDV
£7.34M
Circ. Supply
8.2M CTX
Max Supply
10M CTX
Total Supply
10M CTX
Diluted Valuation
£7.19M
Performance
Popularity
#1,114
Dominance
0%
Volume (24H)
£1.48M
222.02%
Volume (7D)
£5.71M
Volume (30D)
£23.68M
All time high
£33.44
Price Change (1Y)
Not enough data
60.12%
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 decreased by 6.48% in the last hour and increased by 43.21% in the past 24 hours. Cryptex Finance’s price has also risen by 41.46% in the past week. The current price is £0.73 per CTX with a 24-hour trading volume of £1.48M. Currently, Cryptex Finance is valued at 97.83% below its all time high of £33.44. This all-time high was the highest price paid for Cryptex Finance since its launch.
The current circulating supply of Cryptex Finance is 8,170,919.451 CTX which means that Cryptex Finance has as total market cap of £5,994,022.51.
Market details
CTX vs markets
↘ 57.83%
CTX vs BTC
↘ 57.02%
CTX vs ETH
↘ 55.88%
Tags
defi
derivatives
perp-dex-coins
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x321C2fE4446C7c963dc41Dd58879AF648838f98D | |
Base | 0xBB22Ff867F8Ca3D5F2251B4084F6Ec86D4666E14 | |
Arbitrum | 0x84F5c2cFba754E76DD5aE4fB369CfC920425E12b |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.73 | |
1 Day | £0.51 | |
1 Week | £0.51 | |
1 Month | £0.70 | |
1 Year | £1.98 |
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.
Social stats
Popularity in posts
#1332
Contributors
37
Posts
37
% About Cryptex Finance
0.016%
Articles
0
X (Twitter)
21.93% bullish
Sentiment
2.5 ★
Highlights
37 unique individuals are talking about Cryptex Finance and it is ranked #1,332 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 2.5 out of 5. Finally, Cryptex Finance is becoming less newsworthy, with 0 news articles published about Cryptex Finance.
On Twitter, people are mostly neutral about Cryptex Finance. There were 34.97% of tweets with bullish sentiment compared to 59.44% of tweets with a bearish sentiment about Cryptex Finance. 65.03% of tweets were neutral about Cryptex Finance. These sentiments are based on 228 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.
Powered by LunarCrush
Cryptex Finance calculator
Related assets
Cryptocurrencies with similar market cap
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.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.
