handle.fi Price

handle.fi is a decentralized multi-currency stablecoin protocol that allows users to create and exchange fxTokens, which are collateral-backed stablecoins pegged to various fiat currencies. The FOREX token is the native governance and utility token of the handle.fi ecosystem. Key features of handle.fi: 1. Enables minting of fxTokens representing different currencies like fxAUD, fxCNY, fxKRW, etc. 2. Provides a decentralized forex market for trading between different fxTokens 3. FOREX token holders can participate in protocol governance and earn rewards 4. Built on Ethereum and Arbitrum networks for enhanced scalability Current handle.fi statistics: - Price: $0.0004811 - 24h change: +6.72% - Market cap: $54.92K - Circulating supply: 114.17M FOREX - Total supply: 420M FOREX - All-time high: $0.9859 (December 18, 2021) - All-time low: $0.0001178 (November 23, 2024) handle.fi aims to bring decentralized forex trading and multi-currency stablecoins to the DeFi ecosystem, providing users with more options for cross-border transactions and currency exposure.

handle.fi was created on September 21, 2021. It was launched as a decentralized multi-currency stablecoin protocol on the Ethereum blockchain, allowing users to create and exchange multi-currency stablecoins called fxTokens. The FOREX token serves as the governance and utility token for the Handle protocol, supporting protocol management and rewards. Since its creation, handle.fi has been integrated into both the Ethereum and Arbitrum ecosystems, expanding its accessibility and use cases in the decentralized finance (DeFi) space.

The founders of handle.fi (FOREX) are not publicly disclosed. handle.fi was launched in September 2021 as a decentralized multi-currency stablecoin protocol on the Ethereum blockchain. The project aims to allow users to create and exchange multi-currency stablecoins called fxTokens. While the founding team has chosen to remain anonymous, they have developed handle.fi as a DeFi FX protocol that enables minting of stablecoins backed by various fiat currencies like fxAUD, fxCNY, fxKRW, etc. The FOREX token serves as the governance and utility token for the handle.fi ecosystem, supporting protocol management and rewards. Though the founders are unknown, the project has gained traction in the DeFi space since its launch, currently ranking 5532 among cryptocurrencies with a market cap of $54.92K.

handle.fi operates as a decentralized multi-currency stablecoin protocol on the Ethereum and Arbitrum networks. Here's how it works: 1. Users can create and exchange multi-currency stablecoins called fxTokens, which are soft-pegged to various fiat currencies like AUD, CNY, KRW, etc. 2. To mint fxTokens, users deposit qualified collateral assets into the protocol. 3. The FOREX token serves as the governance and utility token for the protocol, allowing holders to participate in decision-making and earn rewards. 4. The protocol uses smart contracts to manage collateralization ratios and ensure the stability of fxTokens. 5. Users can trade fxTokens against each other or use them in other DeFi applications. 6. The system aims to provide a decentralized alternative to traditional forex markets, enabling global access to various currency exposures. 7. Liquidation mechanisms are in place to maintain the collateral backing of fxTokens if their value fluctuates. As of 2026-02-02, handle.fi has a market cap of $54.92K and is trading at $0.0004811. The protocol continues to evolve, with ongoing development focused on expanding supported currencies and improving liquidity.

handle.fi utilizes a multi-layered technical architecture: 1. Smart Contracts: Built on Ethereum and Arbitrum blockchains, enabling decentralized functionality and cross-chain interoperability. 2. fxTokens: Stable cryptocurrencies pegged to various fiat currencies (e.g. fxAUD, fxCNY, fxKRW) created through collateralized minting. 3. Collateral System: Users deposit approved assets as collateral to mint fxTokens, maintaining stability. 4. Oracle Integration: Price feeds from decentralized oracles ensure accurate valuation of collateral and fxTokens. 5. Governance Module: FOREX token holders can participate in protocol governance decisions. 6. Liquidity Pools: Facilitate efficient trading between different fxTokens and collateral assets. 7. Yield Generation: Users can earn rewards by providing liquidity or staking FOREX tokens. 8. Cross-chain Bridges: Allow seamless transfer of assets between Ethereum and Arbitrum networks. This architecture enables handle.fi to function as a decentralized forex and multi-currency stablecoin protocol, offering users flexible options for creating, trading, and managing synthetic fiat-pegged assets in a trustless environment.

The future and roadmap of handle.fi (FOREX) look promising. The project aims to expand its decentralized multi-currency stablecoin protocol and increase adoption of its fxTokens. Key milestones include: 2026: Enhance liquidity and trading pairs for fxTokens on major DEXes. Launch new fxToken varieties pegged to additional global currencies. 2027: Implement cross-chain functionality to enable minting and trading of fxTokens on multiple blockchain networks. Develop advanced DeFi integrations. 2028: Introduce innovative forex derivatives and synthetic assets built on the handle.fi protocol. Expand partnerships with traditional finance institutions. 2031: Achieve widespread adoption of fxTokens as a go-to solution for forex exposure in DeFi. Target $1 billion+ in total value locked. The FOREX token, currently priced at $0.0004811, is expected to play a crucial role in protocol governance and incentives. Price projections suggest potential growth to $0.0005154 by 2027 and $0.000788 by 2031, though these are speculative estimates. Overall, handle.fi aims to bridge the gap between traditional forex markets and decentralized finance, positioning itself as a leader in the evolving landscape of multi-currency DeFi protocols.