Key Metrics

Real Volume (24H)$46,701.84
Fully Diluted Valuation$5,088,524
ATH Date12/18/2021, 1:04:48 PM
ATL Date8/5/2022, 8:55:40 PM
Circulating Supply222M
Total Supply420M
Popularity Rank3140
What is handle.fi?

Handle.fi is a decentralized multi-currency stablecoin protocol that enables users to create and exchange stablecoins across different currencies, making it the global DeFi FX protocol. Built on the Ethereum blockchain under the ERC-20 protocol, it allows users to settle trades in their local currencies, borrow against their crypto assets in their local currency, convert between multi-currency stablecoins, earn rewards for liquidity provision in trading and keeper pools, earn arbitrage profits from 1:1 redemptions, and speculate on foreign exchange movements.

One of the key features of the Handle.fi protocol is its multi-collateral vaults, which allow for capital efficiency, decreased liquidation probabilities, and increased asset utilization. The protocol's 1:1 redemption facility helps ensure that fxTokens maintain their peg value, while the protocol-controlled treasury generates additional returns on staked collateral.

Handle.fi's fxKeeper pools ensure efficient liquidations to maintain system collateralization, while partial vault liquidations ensure users don't forfeit more collateral than is required to maintain their debt positions. The FOREX token is the governance token of the Handle protocol, which will be distributed as a reward for protocol accretive actions by participants and allow holders to contribute to protocol governance.

The Handle protocol aims to solve the problem of very little exploration or issuance of other representative decentralized stablecoin currencies, providing users with alternate currency exposure for hedging, speculation, and payments. The global currency exchange presents a massive opportunity for DeFi, with over $6.6 trillion traded daily in worldwide foreign exchange markets, and trading volumes in excess of $70Bn per day in USD backed stablecoins alone.

In conclusion, Handle.fi is a promising decentralized multi-currency stablecoin protocol that provides users with a range of benefits and features for their currency exchange needs. With its efficient multi-collateral vaults, 1:1 redemption facility, fxKeeper pools, and partial vault liquidations, Handle.fi offers a robust and secure platform for exchanging stablecoins. The FOREX token serves as a governance token for the protocol and provides users with an opportunity to contribute to its governance. With its focus on alternate currency exposure for hedging, speculation, and payments, Handle.fi aims to tap into the enormous potential of the global currency exchange market and become a leading DeFi FX protocol.


The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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