Exchange Notional Finance

note Price Live Data

The live Notional Finance price today is $ 0.12 usd with a 24-hour trading volume of $71 306 usd. We update our NOTE to usd price in real-time. Notional Finance is down -4.87% in the last 24 hours. The current coinmarketcap ranking is #1739, with a live market cap of $5 748 132 usd. It has a circulating supply of 47 028 165 NOTE coins and the max. Supply of 99 701 461 NOTE coins.

What Is Notional Finance (note)?

Notional is the first decentralized, Ethereum-based protocol for borrowing and lending at fixed rates and fixed terms. With variable rate lending, DeFi can only serve a small segment of the crypto lending market because variable interest rates don’t provide the certainty that lenders and borrowers require. Notional fixes this by creating a true market for lenders and borrowers that democratizes and empowers individual investors, business owners and institutional investors. Right now, users can borrow or lend USDC & DAI for up to one year, and ETH & WBTC for up to six months from Notional's on-chain liquidity pools. With Notional's V2 upgrade, liquidity providers enjoy a low-touch experience, and no longer need to roll their debts to new maturities as it is done automatically through the use of nTokens, ERC20 tokens that represent a user's share of the liquidity pool. After raising a $10 million Series A in May 2021 from some of the top VC firms, including Coinbase Ventures, Notional’s protocol has been relaunched on 11/1 with a host of new features as well as the NOTE governance token.