Fabric
FAB

0.00000284
21.92 %
Change 24h
Market Cap
€ 382.47
Volume 24h
€ 5302.6
Circulating Supply
134,859,993
Total Supply
500,000,000
FAB
# Exchange Pair Price Volume 24h

Description

In a nutshell, FABRIC is a synthetic asset issuance protocol built on Solana. All synthetic assets are collateralized by FAB tokens and other supported collateral tokens. These must be locked in a collateral pool to enable the issuance of synthetic assets, known as SPL Synthetics. ‌ Users directly interact with the FABRIC protocol, requiring no counterparties and avoiding common issues experienced on exchanges such as liquidity or slippage issues. Once minted, users can trade these SPL Synthetics on the Serum DEX.
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