Notional Finance

NOTE Price

What is Notional Finance about?

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.

What makes Notional Finance unique?

Notional offers fixed rates and terms, addressing the limitations of variable rates in DeFi. 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.

What's the history of Notional Finance?

After raising a $10 million Series A in May 2021 from some of the top VC firms, including Coinbase Ventures, Notional’s protocol was relaunched on November 1 with a host of new features and the NOTE governance token.

What can Notional Finance be used for?

Notional Finance can be used for borrowing or lending USDC, DAI, ETH, and WBTC through on-chain liquidity pools. The protocol supports terms of up to one year for USDC & DAI and up to six months for ETH & WBTC.

Where can you buy Notional Finance?

NOTE tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Notional Finance is Balancer V2, where the most active trading pair NOTE/WETH has a trading volume of $79.32 in the last 24 hours.

What is the daily trading volume of Notional Finance (NOTE)?

The trading volume of Notional Finance (NOTE) is $79.32 in the last 24 hours, representing a 0.00% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Notional Finance (NOTE)?

Notional Finance (NOTE) reached an all-time high of $23.42 and an all-time low of $0.004167. It’s now trading -100.00% below that peak and 0.00% above its lowest price.

What is the market cap of Notional Finance (NOTE)?

Market capitalization of Notional Finance (NOTE) is $258,266 and is ranked #4513 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of NOTE tokens (62 Million tokens are tradable on the market today).

What is the fully diluted valuation of Notional Finance (NOTE)?

The fully diluted valuation (FDV) of Notional Finance (NOTE) is $406,859. This is a statistical representation of the maximum market cap, assuming the maximum number of 100 Million NOTE tokens are in circulation today. Depending on how the emission schedule of NOTE tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Notional Finance compare against its peers?

With a price decline of -7.40% in the last 7 days, Notional Finance (NOTE) is underperforming the global cryptocurrency market which is down -4.70%, while outperforming when compared to similar Lending/Borrowing Protocols cryptocurrencies which are down -9.60%.

How to add Notional Finance (NOTE) to MetaMask?

Adding Notional Finance (NOTE) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import NOTE as a token. You can copy NOTE’s contract address (0xcfeaead4947f0705a14ec42ac3d44129e1ef3ed5) and import it manually, or if you've installed MetaMask's chrome extension, add NOTE to MetaMask with one click on CoinGecko.

Add NOTE to MetaMask.