No items found.

Fulcrom Finance

price
change

Discover Fulcrom Finance's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Fulcrom Finance?

Fulcrom Finance (FUL) is a decentralized perpetual exchange built on Cronos, allowing users to trade leveraged positions with low fees and minimal price impact. It offers a secure and transparent platform for margin trading, lending, and borrowing. The native governance token, FUL, can be staked within the ecosystem to earn rewards and revenue. Fulcrom aims to provide a user-friendly interface and robust security governance features, making it accessible to both novice and experienced traders.

How is Fulcrom Finance used?

Fulcrom Finance (FUL) is a utility and governance token used within the Fulcrom Finance ecosystem, a decentralized perpetual exchange built on Cronos and zkSync Era. The token enables users to participate in the governance of the platform and earn rewards through staking. Here are the key ways FUL is used:

  1. Governance: FUL is the native governance token, allowing holders to participate in decision-making processes and shape the future of the platform.

  2. Staking: Users can stake their FUL tokens to earn rewards and revenue within the ecosystem. This incentivizes token holders to contribute to the platform's growth and stability.

  3. Trading: FUL can be traded on various cryptocurrency exchanges, such as SimpleSwap and Crypto.com, allowing users to buy, sell, and exchange the token for other cryptocurrencies or fiat currencies.

  1. Leveraged Trading: Fulcrom Finance offers leveraged trading with low fees and minimal price impact, providing users with the opportunity to trade with up to 100x leverage.

  2. On-Chain Storage: All trades and collateral are stored transparently on-chain, ensuring a high level of security and transparency for users.

Overall, FUL plays a central role in the Fulcrom Finance ecosystem, facilitating governance, staking, and trading activities while promoting a decentralized and transparent trading environment.

How do I store Fulcrom Finance?

To store Fulcrom Finance (FUL) tokens, you need to connect a wallet to the Fulcrom Finance platform. Once connected, you can view your dashboard and manage your FUL tokens. This includes staking and vesting, which can earn you real yield and additional rewards.

How to buy Fulcrom Finance?

To buy Fulcrom Finance (FUL) tokens, follow these steps:

  1. Create an account: Choose a reputable cryptocurrency exchange such as Coinbase, Binance, or Gate.io. Create an account by providing necessary personal information, a secure password, and completing any required identity verification steps.

  2. Fund your account: Deposit funds into your exchange account using methods such as credit/debit cards, bank transfers, or peer-to-peer trading. Ensure you have enough funds to cover the purchase.

  3. Locate the FUL trading pair: Find the Fulcrom Finance (FUL) trading pair on the exchange, typically listed as FUL/ETH, FUL/USDT, etc.

  1. Place a buy order: In the Buy & Sell section, click "Buy" and select Fulcrom Finance (FUL) as the cryptocurrency you want to purchase. Choose your preferred order type, such as market order or limit order.

  2. Transfer to a wallet: Once purchased, you can either hold the tokens in your exchange account or transfer them to a personal cryptocurrency wallet for added security. Hardware cold wallets are recommended for long-term storage.

Remember to research the exchange, read user reviews, and compare fees before making a purchase.

Discover
Fulcrom Finance
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

History of Fulcrom Finance

Fulcrom Finance (FUL) is a decentralized perpetual exchange built on the Cronos and zkSync Era blockchains. The platform allows users to trade leveraged positions with low fees and zero price impact, ensuring transparency by storing all trades and collateral on-chain.

History

Fulcrom Finance launched its beta version on February 28, 2024. Shortly after, on March 16, 2024, it conducted its Initial Decentralized Offering (IDO) through VVS Finance. Within a month, the platform generated over $100 million in trading volume, attracting more than 5,000 active traders.

Discover
Fulcrom Finance
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

How Fulcrom Finance works

Fulcrom Finance (FUL) is a decentralized perpetual exchange that operates on the Cronos and zkSync Era blockchains. It allows users to trade leveraged positions with low fees and minimal price impact, ensuring transparency and security by storing all trades and collateral on-chain. The platform offers several key features:

Trading
  • Leverage: Users can trade with up to 100x leverage, which can amplify both gains and losses.
  • Perpetual Swaps: These are derivative contracts that track the price of an underlying asset without an expiry date, allowing users to speculate on price movements.
Earning
  • Staking and Vesting: Users can stake FUL tokens within the Fulcrom ecosystem to earn protocol rewards and revenue.
  • Revenue Sharing: The platform distributes collected fees to FUL stakers, the Fulcrom Treasury, and FLP holders in the Fulcrom Liquidity Pool.
Tokens
  • FUL: The native governance token, used for staking and earning rewards.
  • FLP: The liquidity token, which earns fees from automated market making, swap fees, and leverage trading.
Security and Transparency
  • Decentralized and Non-Custodial: Fulcrom ensures that all trades and collateral are stored transparently on-chain, providing users with control over their assets.
  • Low Fees: The platform aims to minimize fees, making it more cost-effective for users.

Overall, Fulcrom Finance provides a secure and efficient trading environment with opportunities for earning through staking and vesting, while emphasizing utility and governance through its tokens.

Discover
Fulcrom Finance
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Fulcrom Finance's strengths

The token Fulcrom Finance (FUL) has several strengths that make it an attractive investment opportunity:

  • Decentralized Perpetual Exchange: Fulcrom Finance is a decentralized perpetual exchange that allows users to trade leveraged positions with low fees and minimal price impact. This ensures transparency and security in trading, which is a significant advantage over traditional centralized exchanges.

  • Governance and Staking: FUL is the native governance token of Fulcrom Finance, which can be staked within the ecosystem to earn rewards and revenue. This incentivizes users to participate in the governance of the platform and rewards them for their involvement.

  • Low Fees and Zero Price Impact: Fulcrom Finance offers low fees and zero price impact, making it an attractive option for traders who want to minimize their costs and maximize their returns.

  • High Leverage Trading: The platform allows for up to 100x leverage, which can significantly amplify trading gains for users who are willing to take on higher risks.

  • Strong Community and Development: Fulcrom Finance has a strong community and a clear roadmap for future development, including plans to expand tradable tokens, enhance analytics features, and improve user onboarding. This indicates a commitment to continuous improvement and growth.

  • Wide Availability: FUL is listed on several prominent cryptocurrency platforms, including Crypto.com App, making it easily accessible to a broad range of investors.

These strengths position Fulcrom Finance as a promising project in the decentralized finance (DeFi) space, offering a unique combination of transparency, low fees, and high leverage trading opportunities.

Fulcrom Finance's risks

Fulcrom Finance (FUL) is a decentralized perpetual exchange on Cronos that allows for crypto leverage trading with minimal fees and price impact, as well as staking with real yield. However, like any cryptocurrency investment, it carries significant financial risks that investors should be aware of.

One of the primary risks associated with Fulcrom Finance is market risk, which is the risk of losses due to general movements in financial markets. This risk is inherent to all investments and can result in significant losses if the market moves against the investor.

Another risk is the possibility of market misconduct by participants, including market manipulation, trading on non-public information, and front running. This can lead to unfair market practices and losses for investors.

Additionally, Fulcrom Finance is a decentralized platform, which means that it is not a service and does not provide any guarantees or assistance to users. Users assume all risks associated with interacting with the protocol, including legal and regulatory risks, and the platform is not liable for any claims or damages arising from its use.

The platform also carries inherent risks associated with the use of virtual assets, such as partial or total loss of assets, collapse in liquidity, changes in compatibility, and extreme volatility. Furthermore, there are risks related to the smart contracts, regulatory uncertainty, and government action against virtual assets.

Fulcrom Finance has received a high risk rating from InvestorsObserver due to its high volatility and the potential for manipulation by limited trading. This rating suggests that the token is highly susceptible to price movements and may not be suitable for all investors.

Overall, investing in Fulcrom Finance (FUL) carries significant financial risks, including market risk, market misconduct, and inherent risks associated with virtual assets. Investors should carefully assess these risks and their own risk tolerance before making any investment decisions.

Discover
Fulcrom Finance
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Did Fulcrom Finance raise funds?

Discover
Fulcrom Finance
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Fulcrom Finance's ecosystem

No items found.
No items found.
Discover
Fulcrom Finance
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Fulcrom Finance’s team

  • Fulcrom Finance Team: The team behind Fulcrom Finance is led by experienced professionals with a strong background in finance, computer science, blockchain technology, and experience in the crypto industry. They are committed to building a platform that meets the needs of pro traders and are passionate about transparency and decentralization.
START

Whalee AI

The fundamental analysis assistant for crypto value investors.

Latest news

Want an analysis of Fulcrom Finance? Tell us on discord.

Similar tokens

Looks like we're missing similar tokens!
Help us improve!
Tell us what you think of this page and which features you would like to see next.
OPEN FORM