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What is FATHOM DOLLAR(FXD)?

Basic information about FXD

Coin name:
Fathom Dollar
Coin symbol:
Coin introduction:
FXD is an XDC Network-based stablecoin, representing a stable-price cryptocurrency issued and developed by Fathom DAO, a decentralized autonomous organization. The value of FXD is softly pegged to the U.S. dollar and is supported by an over-collateralized XDC Token, which is securely held in smart-contract vaults during the creation of new FXD tokens. One of the primary objectives of FXD is to address the existing gap in trade finance by offering direct access to alternative investors for micro, small, and medium-sized enterprises (MSMEs). Through platforms like portal.tradefinex.org and fathom.fi, Leveraging the fast, scalable, and secure infrastructure of the XDC Network, FXD provides Stable options to MSMEs with a more accessible and cost-effective means to access the necessary capital for business growth. This initiative contributes to economic expansion and job creation, empowering MSMEs to thrive in the global marketplace.
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Current Price:
All-time high:
$1.7
All-time low:
$0.44147

FXD Supply Info and Tokenomics

Circulating supply:
1M
Total supply:
1M
Max supply:
--
Market cap:
$1.295M
Fully diluted valuation:
$1.295M

What is the outlook and future value of FXD?

The current market cap of FXD is $1.295M, ranked 3390 in the market, showing that the market already recognizes the value of FXD. When a bull market arrives, the market cap of FXD may continue to grow.

Moreover, if FXD can play a greater role in real-world applications—such as if the Monero developers can fully empower FXD and establish partnerships with more business partners to expand its user base—then the long-term value of FXD will be further enhanced.

What is the price of FXD in 2027?
According to the historical price performance prediction model of FXD, the price of FXD is expected to reach $0.929142 at 2027.

Note: As with any crypto investment, investors should closely monitor ’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get FXD?

Purchasing FXD with cash is not the only way to obtain FXD. If you have enough time, you can get FXD for free.

Learn how to get Hot rewards for free with FXD.

Earn free FXD by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get FXD airdrops for free.

All crypto airdrops and rewards can be exchanged for FXD through LBank spot trading.

Buy FXD starting from $1

What is FXD used for and how to use it?

The use cases for FXD may grow with the development of the crypto market and project progress. Currently, you can use FXD to:
Arbitrage trading of FXD
FXD is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many FXD trading pairs to suit your needs.
Earn yield with FXD
You can also lend out FXD or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your FXD gains.
Send or pay with FXD
If you want to pay someone with FXD, you can easily and quickly send FXD to them using their receiving address.

You can also visit the official website of Fathom Dollar to learn more use cases of FXD, such as whether the Fathom Dollar project supports community/eco apps or buying physical or virtual goods with FXD.

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