Theta Fuel logo

Theta Fuel

TFUEL

Keep an eye on Theta Fuel

Get instant alerts for major price changes.

Market

Market stats

Market cap

$539.8M

Volume (24h)

$11.1M

Circulating supply

6.5B TFUEL

All time high

$0.68

Price change (1h)

-0.04%

Price change (24h)

-2.66%

Price change (7d)

+6.67%

About Theta Fuel

Theta Network is a next-generation blockchain for entertainment and media. The network allows existing video and media platforms to generate more revenue and lower content delivery fees while rewarding end users for exchanging their data on any PC, mobile device, or smart TV. Theta is a "dual network" that consists of the Theta Blockchain and smart contracts to manage payments and rewards. It is an end-to-end decentralized video streaming and delivery infrastructure that aims to offer technological and financial solutions to its users. The platform also handles the storage and delivery of media assets like images and videos. Theta intends to serve as a long-term, sustainable incentive mechanism for all users to participate in an entirely decentralized video delivery ecosystem. 

Content delivery networks lack reach in many parts of the world, resulting in video buffering and long load times. Less revenue flows back to content providers and platforms as an outcome of a centralized and inefficient system. As a result, Theta provides better video streaming quality as a decentralized peer-to-peer network. Video platforms no longer need costly infrastructure as the network aims to deliver video streams at lower costs on a user-friendly interface.

Further, the network implements a two-token system. The protocol's operating token is Theta Fuel, or TFUEL. It is also considered as the network's gas token. TFUEL is utilized for on-chain tasks like funding edge node relayers to distribute a video feed and create and engage with smart contracts. Relayers earn TFUEL for all the video streams transferred to other users on the platform. On the other hand, Theta Token, or THETA, is the platform's governance token. 

According to its whitepaper, the network helps video platforms to enhance viewer engagement, generate income, and distinguish their content and viewing quality from their competitors by adding tokens as an end-user incentive mechanism. A modified BFT consensus technique allows tens of thousands of nodes to participate in the consensus mechanism while maintaining a high transaction throughput (1,000+ TPS). BFT (Byzantine fault tolerance) refers to the fault tolerance mechanism even when some parties act maliciously during transaction verification. The unique consensus mechanism reflects that validators and guardians provide security at multiple levels. 

News about Theta Fuel

BeInCrypto • Mar 29, 24

UXLINK Emerges As Key Infrastructure In The Web3 Ecosystem

UXLINK, a leading Web3 social infrastructure project, has recently unveiled partnerships with several AI and GameFi projects, including Bubble AI, 1Gen Labs, Pond, MetaCene, BacGames, Space Nation, and EarlyBird3, among others. These collaborations signify UXLINK’s commitment to empowering ecosys...

Read more

News Article Image

The Block • Mar 29, 24

Spot bitcoin ETFs see fourth consecutive day of net inflows to end the month

Flows into spot bitcoin exchange-traded funds remained net positive on Thursday for the fourth consecutive day.

Read more

News Article Image

DL News • Mar 29, 24

How an Indonesian student turned the ‘stupidest idea’ into NFT and memecoin millions

In this week's Asia Dispatch, a memecoin rainmaker and HSBC's gold tokenisation play.

Read more

News Article Image

The Block • Mar 29, 24

Chain abstraction key to mainstream adoption of crypto, says Near Protocol co-founder

Near Protocol's Illia Polosukhin says the Web3 space will see a transition from centralized exchanges to the decentralized and non-custodial.

Read more

News Article Image

The Block • Mar 29, 24

Taiwan’s crypto sector receives government approval to form industry association

Crypto firms in Taiwan are expected to come up with self-supervisory rules based on guidelines provided by the financial regulator.

Read more

News Article Image

The Block • Mar 29, 24

Vitalik Buterin emphasizes need for parallelization, internal scaling in Ethereum rollups

Vitalik Buterin said that rollups will need to "scale internally" to handle increased activity via strategies like parallelization.

Read more

News Article Image

Related Assets

Trending assets

Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Recently added

A selection of the most recently added cryptocurrencies.

Comparable market cap

Of all the assets on Coinbase, these 12 are the closest to Theta Fuel in market cap.

Advanced trading

Here is a selection of spot and futures markets that people watch

Discover more assets

A selection of other relevant cryptocurrencies

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Theta Fuel is on the rise this week.

The price of Theta Fuel has decreased by 0.04% in the last hour and decreased by 2.66% in the past 24 hours. Theta Fuel’s price has also risen by 6.67% in the past week. The current price is $0.0832 per TFUEL with a 24-hour trading volume of $11.06M. Currently, Theta Fuel is valued at 87.78% below its all time high of $0.68. This all-time high was the highest price paid for Theta Fuel since its launch.

The current circulating supply of Theta Fuel is 6,495,999,592 TFUEL which means that Theta Fuel has as total market cap of 6,495,999,592.

FAQ

What is the current price of Theta Fuel?

We update our Theta Fuel to USD currency in real-time. Get the live price of Theta Fuel on Coinbase.

What is the market cap of Theta Fuel?

The current market cap of Theta Fuel is $539.85M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Theta Fuel?

The all-time high of Theta Fuel is $0.68. This all-time high is highest price paid for Theta Fuel since it was launched.

What is the 24 hour trading volume of Theta Fuel?

Over the last 24 hours, the trading volume of Theta Fuel is $11.06M.

What other assets are similar to Theta Fuel?

Assets that have a similar market cap to Theta Fuel include SPACE ID, JUST, PayPal USD, and many others. To see a full list, see our comparable market cap assets.

How many Theta Fuel are there?

The current circulating supply of Theta Fuel is 6.5 billion.

Can I buy Theta Fuel on Coinbase?

No, Theta Fuel is not currently available on Coinbase, but you can sign up to get the latest news on Theta Fuel and be notified when it gets added to our exchange.

Discover ENS Profiles

Navigate the world of Ethereum Name Service (ENS) profiles. Connect, learn, and engage with the web3 community on profile.coinbase.com. Check out some of the most popular ENS profiles below.