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View ChartThis article covers Cryptex Finance (CTX), the Ethereum-based DeFi index protocol. It is unrelated to the Hong Kong-based company that released a Bitcoin debit card in 2014, or to the Russian exchange that uses the same name.
Cryptex Finance is a decentralized finance (DeFi) protocol that issues an on-chain market capitalization-weighted index token called TCAP, allowing users to gain diversified exposure to the entire crypto market through a single asset.
CTX is the governance token of the Cryptex Finance protocol, giving holders voting rights on key protocol parameters and treasury management.
The protocol's flagship product, TCAP (Total Crypto Market Cap), is an ERC-20 token that tracks the total market capitalization of the cryptocurrency market.
CTX is an ERC-20 token on Ethereum; it does not run its own consensus mechanism — security and finality are inherited from Ethereum's proof-of-stake consensus.
The platform is categorized under DeFi and derivative indices, offering a unique way to invest in the broader market without holding individual coins.
CTX tokens can be staked to earn a share of protocol fees and participate in governance decisions.
Cryptex Finance is a DeFi protocol that creates synthetic, on-chain index tokens, with TCAP being its first and primary product. The protocol aims to simplify crypto investing by providing a single token that represents the entire market.
| Item | Details |
|---|---|
| Name (Ticker) | Cryptex Finance (CTX) |
| Alternative Names | None |
| Consensus Mechanism | Proof-of-Stake (PoS) (via Ethereum) |
| Smart Contracts | Yes (Ethereum) |
| Category | DeFi / Derivative Index |
| Hash Algorithm | N/A (no native chain; ERC-20 token on Ethereum) |
| Block Reward | N/A (CTX is a governance token, not a mining reward) |
| Max Supply | 10,000,000 CTX (fixed) |
| Total Supply | 10,000,000 CTX |
| Circulating Supply | approximately 9.48 million CTX |
| Contract Address (Ethereum) | 0x321c2fe4446c7c963dc41dd58879af648838f98d |
| TPS | N/A (Depends on Ethereum network) |
| Scaling Solution | Layer 2 (Ethereum scaling solutions like Arbitrum and Optimism) |
| Blockchain | Ethereum (ERC-20) |
Total supply and max supply are both 10,000,000 CTX. CTX launched in 2021, with Yahoo Finance listing a start date of 2021-06-09.
Cryptex Finance was co-founded by Joe Sticco and Thomas Matzner. The project was launched in 2021 with the goal of creating a transparent and decentralized way to track the entire crypto market. Co-founder Thomas Matzner previously led business planning at startups and publicly traded companies for more than 10 years in the consumer goods sector. Governance is on-chain: CTX holders can vote on proposals that affect the protocol, and the official site lists an on-chain governance and staking section. This community-driven approach ensures that the platform evolves according to the needs of its users. Cryptex came out of a phone call between Joe Sticco and Thomas Matzner between 2018 and 2019, and the founders launched the TCAP token in 2021.
Cryptex Finance operates by minting TCAP tokens that are backed by a basket of underlying cryptocurrencies held in a smart contract. When a user mints TCAP, they deposit a set of collateral assets (like ETH, USDC, or WBTC) into the protocol's vault. TCAP is a synthetic asset backed by deposits of cryptocurrencies such as ETH, USDC or WBTC held in smart contracts; it is designed to track the total cryptocurrency market capitalization. The TCAP token price is designed to track the total crypto market cap, providing diversified exposure. To redeem TCAP for the underlying collateral, users burn their TCAP tokens. The CTX token is the governance token of the protocol, allowing holders to vote on key parameters such as collateral ratios, fee structures, and the addition of new collateral types. Staking CTX also allows users to earn a portion of the fees generated by the protocol.
Cryptex Finance stands out because it offers a single, on-chain token that represents the entire cryptocurrency market, solving the problem of diversification for investors. Unlike traditional index funds, TCAP is fully decentralized and transparent, with all collateral held in smart contracts that can be audited by anyone. This eliminates the need for a centralized custodian. The protocol's value is derived from its ability to provide a simple, low-cost way to gain broad market exposure without the complexity of managing multiple wallets or tracking dozens of individual coins. The CTX governance token adds another layer of value by giving holders direct control over the protocol's future. Demand for on-chain index products may grow, but CTX and TCAP are subject to sharp price volatility, smart-contract risk and regulatory uncertainty.
Beyond TCAP, Cryptex announced JPEGz for NFT-market exposure, launched Cryptex v2 in June 2023 — a decentralized perpetuals market on Arbitrum — and later introduced Cryptex Pi. The Cryptex Digital Market Cap Index is now live, and an ETF filing (S-1/A, Aug 24, 2026) has been submitted with the SEC.
Every smart contract is independently audited before deployment, with continuous monitoring after launch. The project reports four audits, including one from Cantina.
The primary use of CTX is for governance within the Cryptex Finance ecosystem. CTX holders can propose and vote on changes to the protocol, including adjustments to collateral ratios, fee models, and the addition of new features. Additionally, CTX can be staked to earn a share of the protocol's revenue, which comes from minting and redemption fees on TCAP. This staking mechanism incentivizes long-term holding and active participation in the DAO. Beyond governance and staking, CTX is also traded on various cryptocurrency exchanges, allowing investors to speculate on the future growth of the Cryptex Finance platform. CTX is used to access financial products such as TCAP, staking, and participation in DeFi dapps.
CTX is listed on several major exchanges and decentralized venues; compare fees, liquidity and custody options before choosing where to trade.
Cryptocurrency trading carries risk, including price volatility and the potential loss of funds. Only trade what you can afford to lose, and verify the security and regulatory standing of any venue before depositing assets.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for CTX 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.
As of right now, the live price of Cryptex Finance (CTX) is C$0.699886. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated CTX to USD rate at the top of BTCC’s price page. In terms of market scope, Cryptex Finance records a 24h trading volume of C$64.417721K (reflecting total buying and selling activity over the last 24 hours), with a total market cap of C$6.696874M. Its current circulating supply stands at 9.65M out of a maximum supply cap of ∞.
The price volatility of Cryptex Finance (CTX) 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 (9.65M) 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.
Looking at its historical price performance, Cryptex Finance (CTX) hit an all-time high (ATH) of C$91.291046 on 2021-11-16 07:40, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at C$0.296893 on 2026-06-30 03:20. 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.
When trading CTX 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$64.417721K), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s CTXUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Cryptex Finance, simply log into your BTCC account with USDT margin available, navigate to the CTXUSDT 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.
Yes. BTCC offers flexible, high-tier leverage options for CTXUSDT 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.
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$0.699886), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for CTXUSDT with zero financial risk.
Trading Cryptex Finance (CTX) 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 CTXUSDT, and review its live price (C$0.699886) 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.
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