Notional Finance note
Market Data
Price
$ 0.271712
Volume
$ 3,371.24
Volume / Market Cap
0.0006
Supply
Circulating Supply
20,942,287.13
Total Supply
100,000,000.00
Max Supply
100,000,000.00
Valuation
Market Cap
$ 5,731,414.00
Fully diluted market cap
$ 27,367,660.00
Notional is the first decentralized, Ethereum-based 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 because variable interest rates don’t provide the certainty that lenders and borrowers require. Notional fixes this by creating a true market for lenders and borrowers that democratizes and empowers individual investors, business owners and institutional investors.
Right now, users can borrow or lend USDC & DAI for up to one year, and ETH & WBTC for up to six months from Notional's on-chain liquidity pools. With Notional's V2 upgrade, liquidity providers enjoy a low-touch experience, and no longer need to roll their debts to new maturities as it is done automatically through the use of nTokens, ERC20 tokens that represent a user's share of the liquidity pool.
After raising a $10 million Series A in May 2021 from some of the top VC firms, including Coinbase Ventures, Notional’s protocol has been relaunched on 11/1 with a host of new features as well as the NOTE governance token.
Notional Finance (note) Price Chart
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