Beets

Beets PriceBEETS

C$0.004325
-C$0.000116-2.62%

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Beets Price Today

Current BEETS/CAD real-time price is C$0.004325, with a 24-hour change rate of -2.62% and a 7-day change rate of -21.08%. BEETS currently ranks #5265 globally by market cap, with a total market cap of C$958.876307K, a fully diluted valuation (FDV) of C$1.068073M, and a 24-hour trading volume of C$1.671438. In terms of supply, BEETS has a maximum supply of ∞, a current circulating supply of --, with 0.00% already in circulation and 100.00% remaining to be unlocked.

About Beets

What is Beets (BEETS)?

Beets (BEETS) is the native token of Beets, a decentralized finance platform positioned as the flagship hub for liquid staking and automated market maker (AMM) innovation on the Sonic blockchain. Formerly known as Beethoven X, the project rebranded to Beets and executed a 1:1 token swap from its old contract to a new contract. The platform operates as a global collective of contributors focused on building open-source, decentralized financial software with an emphasis on simplicity and usability.

The Beets tech stack consists of two core components: a decentralized exchange (DEX) for seamless asset trading and innovative yield generation, and a Liquid Staking Token protocol that provides users with the easiest way to access native Sonic blockchain staking rewards. The project's website describes Beets as "the ultimate destination for your liquid staking tokens," spanning "from seamless staking to earning real yield." The token launched in 2021, with Yahoo Finance listing the start date as October 26, 2021. BEETS is tagged under Binance Alpha, Sonic Ecosystem, and Optimism Ecosystem, reflecting its multichain presence and integration.

In terms of supply, the original planned maximum supply was 250,000,000 BEETS, of which 22% (55,000,000 tokens) were minted at launch as an initial allocation. Total supply stands at 238,555,253.48718917 BEETS. The project self-reports a circulating supply of 214,136,114 BEETS. The token's price has been highly volatile since launch, and the project continues to develop its ecosystem on Sonic.

Key Specifications & Tokenomics

  • Name: Beets
  • Ticker/Symbol: BEETS
  • Former Name: Beethoven X
  • Launch Date: 2021-10-06 (per CoinMarketCap registry); Yahoo Finance lists the start date as 2021-10-26
  • Blockchain/Platform: Sonic (Sonic Ecosystem), also tagged with Optimism Ecosystem
  • Contract Address: 0x2d0e0814e62d80056181f5cd932274405966e4f0
  • Old Contract (pre-migration, Fantom): 0xF24Bcf4d1e507740041C9cFd2DddB29585aDCe1e — holders of the old token must use the new Sonic contract address
  • Explorer: sonicscan.org
  • Official Website: https://beets.fi/
  • Source Code: https://github.com/beethovenxfi
  • Community: https://beets.fi/discord and https://twitter.com/beets_fi
  • Audits: CertiK Rating 3.9 out of 5 (issued by CertiK); audit reports are listed on the CoinMarketCap profile
  • Original Planned Max Supply: 250,000,000 BEETS
  • Initial Allocation: 55,000,000 BEETS (22% of max supply) minted at launch
  • Total Supply: 238,555,253.48718917 BEETS
  • Self-Reported Circulating Supply: 214,136,114 BEETS (self-reported by the project; not verified by CoinMarketCap)
  • Tokenomics Model: maBEETS / 8020 Tokenomics — utilizes a weighted pool token (80% BEETS | 20% stS) instead of single staking
  • Tags: Binance Alpha, Sonic Ecosystem, Optimism Ecosystem
  • Category: Decentralized Exchange (DEX), Liquid Staking, AMM

Who created Beets (BEETS)?

Beets operates as a global collective of contributors rather than being led by a single publicly identified founder. The project originated as Beethoven X before rebranding to Beets, and its development is guided by a community-driven, open-source philosophy. Its documentation and tokenomics are maintained through public repositories and official documentation channels, reflecting its commitment to transparency in code and protocol design while maintaining a degree of anonymity among its contributor base.

How does Beets (BEETS) work?

Beets functions as a dual-purpose DeFi platform on the Sonic blockchain. Its first core component is a decentralized exchange (DEX) that facilitates seamless asset trading and innovative yield generation. The DEX employs an automated market maker model, allowing users to trade tokens permissionlessly while liquidity providers earn fees. This AMM design supports capital preservation and growth through accessible, permissionless on-chain tools.

The second core component is a Liquid Staking Token (LST) protocol. This protocol offers users the easiest way to access native Sonic blockchain staking rewards. By staking assets through Beets, users receive liquid staking tokens that represent their staked position, which can then be used elsewhere in the DeFi ecosystem while still earning staking rewards.

The tokenomics system is built around maBEETS and a weighted pool token model. Rather than single staking BEETS into maBEETS, the system utilizes an 80/20 weighted pool token consisting of 80% BEETS and 20% stS. This design powers the protocol's incentive structure and aligns long-term stakeholder interests with platform growth. The combination of DEX and LST functionality positions Beets as an integrated liquidity and staking hub within the Sonic ecosystem.

What makes Beets (BEETS) unique and valuable?

Beets distinguishes itself through its dual focus on AMM innovation and liquid staking within the Sonic ecosystem. As the flagship hub for these activities on Sonic, it occupies a strategic position in the network's DeFi landscape. The project's commitment to open-source, decentralized financial software with a focus on simplicity and usability lowers barriers to entry for users seeking capital preservation and growth tools.

The innovative 8020 tokenomics model, which uses a weighted pool token (80% BEETS | 20% stS) rather than conventional single staking, represents a differentiated approach to aligning incentives and powering the system. Additionally, the project's history of rebranding from Beethoven X with a 1:1 token swap demonstrates an ability to evolve and adapt its brand and technical infrastructure. The CertiK Rating of 3.9 out of 5 is issued by CertiK, and the audit reports are listed on the CoinMarketCap profile.

What is Beets (BEETS) used for?

BEETS serves multiple functions within the Beets ecosystem. Primarily, it is used within the platform's AMM and DEX to facilitate asset trading and yield generation. Users can provide liquidity to pools, trade assets seamlessly, and participate in innovative yield opportunities. The token also plays a central role in the liquid staking protocol, where it is integrated into the 8020 tokenomics model alongside stS.

BEETS holders can participate in the maBEETS system, which powers the protocol's incentive and governance mechanisms through the weighted pool token structure. The token is also used to access native Sonic blockchain staking rewards via the liquid staking token protocol. Beyond these core functions, BEETS serves as a community coordination token for a global collective of contributors building open-source financial software, and it is tagged under Binance Alpha, indicating its recognition within broader market discovery platforms.

How Is the Beets (BEETS) ecosystem developing?

The Beets ecosystem is actively developing on the Sonic blockchain, with its tech stack comprising a DEX and a Liquid Staking Token protocol. The project has evolved from its origins as Beethoven X, undergoing a rebrand and a 1:1 token swap to its new contract. The maBEETS and 8020 tokenomics are documented in the project's public GitHub repository (beethovenxfi/beethovenx-docs), indicating ongoing development of its tokenomics infrastructure.

The platform is tagged within both the Sonic Ecosystem and Optimism Ecosystem, suggesting a multichain or cross-ecosystem strategy. BEETS is listed on major data aggregators such as CoinMarketCap and CoinGecko, and on exchanges including Bybit and Binance. The project maintains an official website and documentation portal. The ecosystem continues to position itself as a foundational DeFi infrastructure provider on Sonic, focusing on accessible, permissionless on-chain tools.

How to mine Beets (BEETS)?

BEETS is not a mineable cryptocurrency in the traditional proof-of-work sense. Instead, tokens enter circulation through the protocol's staking and liquidity mechanisms. The original supply included 55,000,000 BEETS minted at launch as an initial allocation, representing 22% of the planned maximum supply of 250,000,000 tokens.

Users can earn BEETS or participate in its distribution by engaging with the Beets platform's liquidity pools and staking mechanisms. The maBEETS / 8020 Tokenomics system allows users to participate through a weighted pool token composed of 80% BEETS and 20% stS, rather than through single staking. Additionally, the Liquid Staking Token protocol enables users to access native Sonic blockchain staking rewards. These mechanisms provide avenues for users to earn yield and participate in the ecosystem without traditional mining. BEETS is not mined; tokens enter circulation through the protocol's staking and liquidity mechanisms, and the 80/20 BEETS/stS weighted pool underpins the incentive structure.

How to keep your Beets (BEETS) Coin safe?

Securing BEETS tokens requires standard cryptocurrency safety practices. Since BEETS operates on the Sonic blockchain with the contract address 0x2d0e0814e62d80056181f5cd932274405966e4f0, users should always verify they are interacting with the correct contract address when trading or providing liquidity. Using hardware wallets for long-term storage provides an additional layer of security against online threats.

Users should be cautious of phishing attempts and fake websites, always accessing the official Beets platform through the verified URL at beets.fi. When participating in DeFi activities such as liquidity provision or staking, it is advisable to review smart contract audits. Beets has received a CertiK Rating of 3.9 out of 5, issued by CertiK, with audit reports listed on the CoinMarketCap profile. However, users should remain aware that DeFi participation carries inherent risks, including smart contract vulnerabilities and impermanent loss. Keeping software wallets updated, using unique passwords, and enabling two-factor authentication where available are recommended practices. For transactions, the Sonic blockchain explorer at sonicscan.org can be used to verify transaction details and contract interactions.

How to Buy and Use Beets

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsBeets is instantly credited to your BTCC account, ready for trading at any time.

Related Trading

Choose Beets products that suit your trading style

Thank you for your interest in BTCC. Currently, spot and futures trading services for BEETS are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.

Beets FAQs

What is the live price, market cap, and 24h volume of Beets (BEETS)?

As of right now, the live price of Beets (BEETS) is C$0.004325. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated BEETS to USD rate at the top of BTCC’s price page. In terms of market scope, Beets records a 24h trading volume of C$1.671438 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of C$958.876307K. Its current circulating supply stands at -- out of a maximum supply cap of ∞.

Why does the price of Beets (BEETS) fluctuate, and what drives its volatility?

The price volatility of Beets (BEETS) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Bank of Canada or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (--) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.

What are the all-time high (ATH) and all-time low (ATL) for Beets (BEETS)?

Looking at its historical price performance, Beets (BEETS) hit an all-time high (ATH) of C$1.981646 on 2022-03-01 13:10, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at C$0.001499 on 2026-06-27 17:00. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.

How to read the Beets (BEETS) price chart for futures trading?

When trading BEETS futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (C$1.671438), as price breakouts accompanied by strong volume offer higher reliability.

How to profit from Beets (BEETS) price drops? (Short Selling Guide)

Unlike spot trading where you can only profit from rising prices, BTCC’s BEETSUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Beets, simply log into your BTCC account with USDT margin available, navigate to the BEETSUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.

Can I trade Beets (BEETS) perpetual futures with high leverage on BTCC?

Yes. BTCC offers flexible, high-tier leverage options for BEETSUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.

How to practise Beets (BEETS) futures trading with a free demo account?

Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: C$0.004325), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for BEETSUSDT with zero financial risk.

Step-by-step guide: How to buy and trade Beets (BEETS) on BTCC?

Trading Beets (BEETS) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for BEETSUSDT, and review its live price (C$0.004325) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.