Market cap
$118.61K
-0.09 %
Volume (24h)
$54.15
-0.09 %
Circulating supply
378,646,642 FODL
Total supply
1,000,000,000 FODL
Max. supply
1,000,000,000 FODL
Fodl Finance (FODL)
$ 0.00
-0.09 %
Main info
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Key data
updated $0Market cap$118.61K
Volume 24h$54.15
Circulating supply378.65M38% of max 1B
All-time high$1.11-100% from peak · 2021-10-19
Fodl Finance (FODL) is a cryptocurrency project focused on leveraged trading built on top of existing lending protocols. In simple terms, it lets users open leveraged positions without relying on a centralized exchange — the leverage comes from decentralized lending platforms instead. The project's native token carries the ticker FODL.
Frequently asked questions
What is Fodl Finance and how is it different from regular exchanges?
Fodl Finance is a decentralized platform for leveraged trading that works on top of lending protocols rather than a centralized exchange. Instead of depositing funds into a company's custody, users keep control through smart contracts. This means leverage is achieved by borrowing against collateral on-chain, not via margin accounts.
How does the technology behind FODL work?
Fodl Finance operates as a set of smart contracts that interact with decentralized lending platforms to create leveraged positions. When you open a position, the protocol borrows assets against your collateral and uses them to amplify your exposure. Everything is automated on-chain, so there's no intermediary managing your trade.
How is the FODL token supply structured?
FODL has a hard cap of 1,000,000,000 coins, meaning no more than that amount can ever exist. This fixed maximum supply is written into the token's design and cannot be changed casually. Like many DeFi tokens, FODL may also serve governance purposes within the protocol.
How can I store and use FODL tokens?
Since FODL is an ERC-20 style token, you can store it in any non-custodial wallet that supports the network it runs on, such as MetaMask or a hardware wallet. Always double-check the official contract address before transferring, as fake tokens are a common scam. Beyond holding, FODL can typically be used for governance voting and within the protocol itself.