About Tectonic
Tectonic (TONIC) is a cryptocurrency launched in 2021and operates on the Cronos platform. Tectonic has a current supply of 500,000,000,000,000 with 247,733,879,909,099 in circulation. The last known price of Tectonic is 0.00000003 USD and is down -2.59 over the last 24 hours. It is currently trading on 38 active market(s) with $9,747.33 traded over the last 24 hours. More information can be found at
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Trading Insights
Searched
16
Market Stats
Market Cap
₹559.47M
FDV
₹1.13B
Circ. Supply
248T TONIC
Max Supply
Not enough data
Total Supply
500T TONIC
Total Value Locked
₹11.43B
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
₹642.78K
-44.99%
Volume (7D)
₹4.24M
Volume (30D)
₹17.69M
All time high
₹0.000017
Price Change (1Y)
-66.58%
Additional details
Recent trends
The latest TONIC price is ₹0.00000226. Compared to Tectonic's value of ₹0.00 from 24 hours ago, there's been a 0% increase, while the current price is -9% down from ₹0.00 which was recorded one week ago. Tectonic's all time high is ₹0.000017, which was reached on December 16, 2023. This is a -87% change from its price today.
The market cap is currently ₹559.47M, which is a result of multiplying the current price of Tectonic(₹0.00) by the total supply(500,000,000,000,000 TONIC). The fully diluted valuation of Tectonic is ₹1.13B. The diluted valuation of Tectonic is ₹1.13B.
Market details
TONIC vs markets
↘ 76.02%
TONIC vs BTC
↘ 79.23%
TONIC vs ETH
↘ 53.19%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Crypto.com Coin | 0xDD73dEa10ABC2Bff99c60882EC5b2B81Bb1Dc5B2 |
Price history
Time | Price | Change |
|---|---|---|
Today | ₹0.00000226 | ↗ 0.48% |
1 Day | ₹0.00000224 | ↗ 0.48% |
1 Week | ₹0.00000244 | ↘ 8.73% |
1 Month | ₹0.00000249 | ↘ 10.65% |
1 Year | ₹0.00000651 | ↘ 66.58% |
FAQ
Tectonic, also known as TONIC, is a cross-chain money market protocol that strives to provide a platform for passive yield generation and instant-backed loans. Users may deposit their crypto assets into Tectonic for potential dynamic yield without lockup periods. At the same time, borrowers may utilize liquidity by supplying their crypto assets as collateral. Tectonic's protocol design and architecture are modeled after a proven and audited protocol. It is complemented with an incentive program powered by TONIC, the native token of Tectonic protocol. Tectonic seeks to provide seamless money market functionalities, enabling multiple use cases for its users.
Tectonic operates through three core modules within the protocol: an interest rate mechanism, a liquidation module, and a community insurance module. The interest rate mechanism adopts a variable interest rate model similar to that of money market protocols. Interest rates are algorithmically determined based on the utilization rate and supply and demand in the lending pools. The liquidation module liquidates undercollateralized borrowing positions and offers a liquidation discount to incentivize system stability. The community insurance module, which went live in the first quarter of 2022, acts as a mitigation tool in case of a shortfall event that can harm the protocol’s health.
Tectonic seeks to address several use cases for its users. Investors with excess crypto capital can generate additional returns on their idle assets without actively managing them. Traders may borrow crypto assets to capitalize on short-term or long-term financial opportunities. Users can also utilize cryptocurrencies for multiple purposes, such as participating in Initial DEX Offerings (IDOs), without having to liquidate their original assets. Tectonic has launched leverage yield farming and a governance module for its TONIC token.
Tectonic was incubated by Particle B, a startup accelerator dedicated to incubating projects built on Cronos and the Crypto.org chain. It was founded by Gary Or, a former CTO of Crypto.com, who has over ten years of full-stack engineering experience. Tectonic launched its mainnet in December 2021 on the Cronos chain and has increased the number of supported tokens by focusing on assets from Ethereum Virtual Machine (EVM)-compatible ecosystems. Tectonic is powered by TONIC, its native governance and utility token, which holders can stake to secure the protocol and use to vote on governance proposals.
We update our Tectonic to INR currency in real-time. Get the live price of Tectonic on Coinbase.
The current market cap of Tectonic is ₹559.47M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Tectonic is ₹0.000017. This all-time high is highest price paid for Tectonic since it was launched.
Over the last 24 hours, the trading volume of Tectonic is ₹642.78K.
Assets that have a similar market cap to Tectonic include Cook Finance, Veno Finance, UFO Gaming, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Tectonic is 248 trillion.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Tectonic calculator
1 Tectonic (TONIC) to Canadian Dollar (CAD)
CA$0.00000004
1 Tectonic (TONIC) to British Pound (GBP)
£0.00000002
1 Tectonic (TONIC) to Japanese Yen (JPY)
¥0.00000379
1 Tectonic (TONIC) to Indian Rupee (INR)
₹0.00000226
1 Tectonic (TONIC) to Real (BRL)
R$0.00000014
1 Tectonic (TONIC) to Euro (EUR)
€0.00000002
1 Tectonic (TONIC) to Nigerian Naira (NGN)
NGN 0.000040
1 Tectonic (TONIC) to Singapore Dollar (SGD)
S$0.00000003
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Legal
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.
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