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Fabric (FAB)

$0.01901USD
1.00000000 FAB
(+18.91 %)
Coin
Market Cap
$ 888,829
Volume 24h
$ 12,061
Circulating Supply
47,694,400
Fabric Chart
Description Fabric

In a nutshell, FABRIC is a synthetic asset issuance protocol built on Solana. All synthetic assets are collateralized by FAB tokens and other supported collateral tokens. These must be locked in a collateral pool to enable the issuance of synthetic assets, known as SPL Synthetics. ‌ Users directly interact with the FABRIC protocol, requiring no counterparties and avoiding common issues experienced on exchanges such as liquidity or slippage issues. Once minted, users can trade these SPL Synthetics on the Serum DEX.

Fabric Price $0.0190123
Market Cap $ 888,829
Volume 24h $ 12,061
Circulating Supply 47,694,400
Total Supply 0
24h Change +18.91 %