Cryptex Finance (CTX) is a decentralized financial platform that strives to provide open-source solutions for the global crypto community. By leveraging Ethereum's smart contract system, Cryptex Finance has developed a range of decentralized financial solutions, including the Total Market Cap Token (TCAP) and others. The platform's primary focus is on tokenizing total cryptocurrency market capitalization for real-time trade. CTX, an ERC-20 utility and governance token, plays a crucial role within the Cryptex Finance ecosystem, allowing token holders to vote on upgrades, manage the Cryptex treasury, and create proposals.

Cryptex Finance operates through Ethereum's smart contract system, enabling the creation of decentralized financial solutions. One of its key offerings is the TCAP token, an ERC-20 compatible smart contract that tokenizes real-time total market capitalization from all cryptocurrencies. The TCAP system requires a minimum value of ratio between 150% and 200% backing collateral. For any TCAP token to be minted, there must be at least 100% collateral value staked in a smart contract on the Ethereum network. These collateralized smart contracts for TCAP are referred to as Vaults. The platform also implements a parameterizable Burn Fee, which is paid in ETH every time TCAPs are burned in the Vault Debt repayment process.

Cryptex Finance aims to provide a platform for gaining exposure to the entire cryptocurrency market in a decentralized and trust-minimized protocol. With the launch of TCAP, users in the decentralized finance space can have exposure to cryptocurrencies in a unique way. The CTX token allows holders to participate in the governance of the Cryptex Finance ecosystem, including voting on upgrades and managing the Cryptex treasury. This makes Cryptex Finance a potential tool for those interested in participating in the management and decision-making processes of a decentralized financial platform.

Cryptex Finance was developed with the aim of providing open-source financial solutions for the global crypto community. The platform's flagship product, the Total Market Cap token (TCAP), was designed to offer users exposure to the entire cryptocurrency market. The TCAP Protocol is managed as a Decentralized Autonomous Organization (DAO) governed by the CTX token. CTX holders can make governance proposals, vote on such proposals, and delegate their votes to other CTX holders. This governance model allows for various parameters of the TCAP system to be modified to suit the interest of the community and project.

We update our Cryptex Finance to EUR currency in real-time. Get the live price of Cryptex Finance on Coinbase.

The current market cap of Cryptex Finance is €3.149M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Cryptex Finance is €38.72. This all-time high is highest price paid for Cryptex Finance since it was launched.

Over the last 24 hours, the trading volume of Cryptex Finance is €1.157M.

Assets that have a similar market cap to Cryptex Finance include Fei USD, ABBC Coin, Gearbox Protocol, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Cryptex Finance is 9.3 million.

Cryptex Finance ranks 229 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 90% of Coinbase users are buying Cryptex Finance. In other words, 90% of Coinbase customers have increased their net position in Cryptex Finance over the past 24 hours through trading.