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Notional Finance

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Notional Finance

Notional is a decentralized protocol for borrowing and lending at fixed rates and fixed terms. With variable rate lending, DeFi can only serve a small segment of the crypto lending market, as variable interest rates do not offer the certainty that lenders and borrowers need. Notional solves this by creating a true market for lenders and borrowers, empowering individual investors, business owners, and institutional investors.
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Notional Finance

NOTE

0.004257
0.57%
24h volume
11933.91395727767150.51403042422132
Market cap
$415.66K
FDV
$415.66K
Circulating supply
97647118.85711467
Total supply
100000000
Max supply
100000000
Contract address
eth
0xcfea...3ed5
What is Notional Finance?
Notional Finance is a decentralized, Ethereum-based protocol that facilitates fixed-rate, fixed-term crypto asset lending and borrowing. It aims to provide certainty and stability in the DeFi space by offering fixed interest rates, which are essential for individual investors, business owners, and institutional investors seeking predictable financial outcomes.
How Does Notional Finance Work?
Notional Finance operates through a novel financial instrument called fCash, representing future cash flows within the system. Users can borrow or lend assets like USDC and DAI for up to one year, and ETH and WBTC for up to six months, using on-chain liquidity pools. Liquidity providers deposit funds into these pools and receive trading fees from borrowers and lenders.
What Makes Notional Finance Unique?
Notional Finance stands out by offering fixed-rate and fixed-term lending and borrowing, providing stability and predictability uncommon in the DeFi landscape. The introduction of nTokens, ERC20 tokens representing a user's share of the liquidity pool, automates debt rollovers and enhances the liquidity provision experience.
Who Are the Founders of Notional Finance?
Notional Finance was founded by Jeff Wu and Teddy Woodward. Jeff Wu serves as the Co-Founder and CTO, while Teddy Woodward is the Co-Founder. Both bring significant expertise to the project, contributing to its development and growth.

Latest news

What Key Events Have There Been for Notional Finance?
Notional Finance has achieved significant milestones, including raising a $10 million Series A funding round in April 2021, led by Pantera Capital and involving investors like The Spartan Group, ParaFi Capital, 1confirmation, and Nascent. The protocol relaunched on November 1, 2021, with new features and the introduction of the NOTE governance token.
Project Announcements
Notional Finance has introduced several key components to enhance its platform's efficiency and user experience, including nTokens and the NOTE governance token. These developments aim to provide a more seamless and efficient experience for users engaging in fixed-rate lending and borrowing.

Upcoming events

No data

Project announcements

Where to Buy Notional Finance?
Notional Finance's NOTE token can be traded on various exchanges. However, specific exchange listings are not detailed in the available sources. Users are advised to check major cryptocurrency exchanges for the most current information on where to buy NOTE tokens.
Notional Finance Price
Daily Trading Volume
As of the latest data, the 24-hour trading volume for Notional Finance is not available.
All-Time High
The all-time high for Notional Finance was $21.79 on November 19, 2021, representing a significant decrease compared to the current price.
All-Time Low
Specific data on the all-time low price for Notional Finance is not available.
Market Cap and Valuation
Market Cap
The current market capitalization of Notional Finance is approximately $2.28 million.
Fully Diluted Valuation
The fully diluted valuation of Notional Finance is approximately $4.85 million, considering the total supply of 100 million NOTE tokens.
Notional Finance Price Prediction
While specific price predictions for Notional Finance are not available, factors influencing the token's price include market sentiment, adoption rates, and overall developments within the DeFi ecosystem. Investors should conduct thorough research and consider these factors when evaluating the token's potential.

FAQ

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Disclaimer & risk notice: Some content on this page may be AI-assisted or generated and is for general reference only. For the most accurate and up-to-date information, please refer to the project's official website. Bitget Wallet values every partnership. If you find any issues or inaccuracies, contact us at [email protected] — we appreciate your feedback and will continue to improve.