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  • Tokens
  • Fuel Network (FUEL)

    7/11/2025 08:00 UTC

    $0.009

    3.13%

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    Fuel Network News

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    Frequently Asked Questions

    • Use Cases of Fuel Network

      • Decentralized Finance (DeFi): Fuel Network supports various DeFi applications, allowing users to trade, lend, and borrow assets efficiently.

      • Gaming: The platform can host games that require fast transactions, enhancing user experience and engagement.

      • Real-Time Prediction Markets: Users can participate in markets that allow them to predict outcomes in real-time, benefiting from quick transaction speeds.

      • Parallel Transaction Execution: Fuel Network enhances the Ethereum network by allowing multiple transactions to be processed at the same time, improving overall efficiency.

      • Scalability Solutions: It provides a modular execution layer that boosts the performance of existing blockchains, making it suitable for a wide range of applications.

      • Cross-Chain Transfers: Tools like Fuel Bridge facilitate easy transfers between different blockchain networks, enhancing interoperability.

      For more information, you can visit the Fuel Network website.

      Last Updated: 5/4/2025 02:00 UTC
    • Pros of Fuel Network

      • Scalability: Fuel Network helps improve transaction speeds and reduces costs on Ethereum, making it easier for developers to create decentralized applications.
      • Unique Technology: It uses a special programming language called Sway, which combines features from Rust and Solidity, enhancing development flexibility.
      • Strong Partnerships: The project has backing from experienced teams and notable partners, which can boost its credibility and support.
      • Modular Design: The architecture separates execution from data availability, allowing for better performance and security.

      Cons of Fuel Network

      • Limited Audits: While it has been audited, it lacks reviews from top-tier security firms, which may raise concerns about its security.
      • Token Inflation: The annual inflation rate of the token is around 28%, which could affect its value over time.
      • Complexity: The technology may be challenging for new developers to understand, potentially limiting its adoption.
      Last Updated: 5/4/2025 02:00 UTC
    • Founders

      • John Adler: Co-founder of Fuel Network and also involved with Celestia.
      • Nick Dodson: Co-founder and the current CEO of Fuel Network.

      Team

      • Brandon Kite: Chief Technology Officer (CTO).
      • Mo Yang: Chief Financial Officer (CFO).
      • Florian Hunziker: Chief Operating Officer (COO).
      • Arjun Kalsy: Chief Growth Officer.

      For more information, you can visit Fuel Network's website.

      Last Updated: 5/4/2025 02:00 UTC
    • Investors in Fuel Network

      • Venture Capital Firms: Fuel Network has attracted investments from various venture capital firms that focus on blockchain and technology.
      • Private Investors: Individual investors who believe in the potential of Fuel Network have also contributed to its funding.
      • Strategic Partnerships: Collaborations with other companies in the tech and finance sectors help support Fuel Network's growth.

      For more detailed information, you can visit the Fuel Network website.

      Last Updated: 5/4/2025 02:00 UTC
    • Halal Status

      • The halal status of Fuel Network is not clearly defined in available resources. It is important to consult with knowledgeable sources or religious authorities for a definitive answer.
      Last Updated: 5/4/2025 02:01 UTC

    Description

    #777

    Fuel Network is a blockchain platform focused on providing scalable, decentralized solutions for smart contracts and dApps, emphasizing low transaction costs and high throughput. It utilizes a novel consensus mechanism and layer-2 scaling techniques to offer fast and efficient transactions.

    Sector: Modular
    Blockchain: Ethereum

    Market Data

    Rank: 777
    Volume: 5.8M
    Marketcap: 46M
    Fully Diluted Value: N/A
    Circulating Supply: N/A
    2.7M 29K/34K
    578K 16K/23K
    182K 30K/43K
    51K 15K/20K
    22K 5.9K/6.7K