Mate

Mate PriceMATE

C$0.000749
C$0.0000021253272210295860.052125+0.28%

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Mate Price Today

Current MATE/CAD real-time price is C$0.000749, with a 24-hour change rate of +0.28% and a 7-day change rate of -2.04%. MATE currently ranks #3949 globally by market cap, with a total market cap of C$2.011448K, a fully diluted valuation (FDV) of C$74.505609K, and a 24-hour trading volume of C$24.142835. In terms of supply, MATE has a maximum supply of 100M, a current circulating supply of 2.7M, with 2.70% already in circulation and 97.30% remaining to be unlocked.

About Mate

What is Mate (MATE)?

Mate (MATE) is a BEP-20 token that operates within the BNB Chain ecosystem, specifically on BNB Smart Chain. According to its CoinMarketCap description, MATE is a decentralized exchange (DEX) designed to help traders maximize their trade returns through limit orders that guarantee trade execution using automated market makers (AMMs) without exposing their assets to unpredictable slippage. According to CoinMarketCap, the project launched on 15 August 2021 and was listed on CoinMarketCap on 20 August 2021. MATE functions as the native token of this DEX platform, and its smart contract is deployed on BNB Smart Chain. The token has a maximum and total supply of 100,000,000 MATE, while its circulating supply stands at approximately 2,699,727 MATE, representing about 2.7% of the total supply. CryptoSlate's Trading Activity model (v1.0) classifies MATE's trading as dormant, with an overall score of 40/100. CryptoSlate states this model assesses price reliability only, not project development, legal status, reserves or solvency.

Key Specifications & Tokenomics

  • Name: Mate
  • Ticker / Symbol: MATE
  • Token Type: BEP-20
  • Blockchain / Ecosystem: BNB Chain Ecosystem (BNB Smart Chain, BEP20)
  • Contract Address: 0x2198b69b36b86f250549d26d69c5957912a34ec2
  • Explorer: bscscan.com
  • Official Website: usemate.com
  • Documentation: docs.usemate.com/mate
  • Launch Date: Aug. 15, 2021
  • Max Supply: 100,000,000 MATE
  • Total Supply: 100,000,000 MATE
  • Circulating Supply: 2,699,727 MATE
  • Fully Diluted Valuation: Fully diluted valuation and 24-hour trading volume are shown live on the token's market pages and change continuously.
  • Category: BNB Chain Ecosystem, Decentralized Exchange (DEX)
  • CertiK Rating: 3.0

Who created Mate (MATE)?

The project's official website (usemate.com) and documentation (docs.usemate.com/mate) are published, but no founder, team member, investor or auditor is named in the project's CoinMarketCap registry entry. The project launched in August 2021 on BNB Smart Chain. Without clear disclosure of the team's identity, investors should exercise additional caution and conduct their own research before engaging with the project. The lack of transparent team information is a factor that potential users and investors may consider when evaluating the project's credibility and long-term prospects.

How does Mate (MATE) work?

Mate operates as a decentralized exchange (DEX) on BNB Smart Chain, utilizing automated market makers (AMMs) to facilitate token swaps. The key feature described in the project's materials is the ability to place limit orders that guarantee trade execution through AMMs without exposing traders to unpredictable slippage. In traditional AMM-based DEXs, large trades can cause significant price slippage, meaning the executed price differs from the expected price. Mate aims to solve this problem by offering limit orders that execute at predetermined prices. The platform uses the BEP-20 token standard, which is native to BNB Smart Chain, ensuring compatibility with wallets and other tools in the BNB Chain ecosystem. The MATE token itself functions within this ecosystem. MATE trades mainly against WBNB on PancakeSwap v2, which is the largest of the token's reported markets.

What makes Mate (MATE) unique and valuable?

Mate's primary value proposition lies in its focus on solving the slippage problem that affects traders on decentralized exchanges. By offering limit orders that guarantee trade execution without unpredictable slippage, Mate aims to provide a more predictable and efficient trading experience compared to standard AMM-based DEXs. This feature could be particularly valuable for traders who want to execute large orders without incurring significant price impact. Additionally, the project operates within the BNB Chain ecosystem, which offers fast transaction times and low fees compared to other blockchains. However, it is important to note that the project currently exhibits low trading activity and is classified as dormant by CryptoSlate. CertiK lists a score of 3.0 for this project; the scoring scale and methodology are published by CertiK. A score is not a substitute for a security audit — no audit report, auditor name or bug-bounty program is disclosed in the available sources. The combination of its limit order feature and its position within the BNB Chain ecosystem forms the basis of its potential value proposition.

What is Mate (MATE) used for?

The MATE token serves as the native utility token of the Mate decentralized exchange platform. Its primary use case is within the DEX ecosystem, where it facilitates trading activities and potentially provides access to platform features. According to the project's description, MATE holders and traders can utilize the platform to execute limit orders with guaranteed trade execution and protection against slippage. The token is traded primarily against WBNB (Wrapped BNB) on PancakeSwap V2, making it accessible to users within the BNB Chain ecosystem. As a BEP-20 token, MATE can be stored in compatible wallets such as MetaMask, Trust Wallet, and other wallets that support the BNB Smart Chain network. The project's published description lists no governance or other utility beyond use within the DEX platform.

How Is the Mate (MATE) ecosystem developing?

CryptoSlate's Trading Activity model (v1.0) classifies MATE's trading as dormant, with an overall score of 40/100. CryptoSlate states this model assesses price reliability only, not project development, legal status, reserves or solvency. MATE trades mainly against WBNB on PancakeSwap v2, which is the largest of the token's reported markets. Reported trading volume is very low. The token has 1.23K holders according to CoinMarketCap. CoinMarketCap lists the project's official X (Twitter) account as twitter.com/usemate_. The ecosystem's development appears to be limited, with no significant recent milestones or updates reported in the available sources. The project lists an official website (usemate.com) and documentation (docs.usemate.com/mate) on CoinMarketCap.

How to mine Mate (MATE)?

MATE is a BEP-20 token on BNB Smart Chain, so it is not mined. Its supply is fixed at 100,000,000 MATE, of which 2,699,727 is in circulation according to CoinMarketCap; the remaining supply is held outside circulation. No staking, yield-farming or mining program is described in the project's published materials, so the only documented way to obtain MATE is to buy it on a decentralized exchange such as PancakeSwap v2. The process involves connecting a compatible wallet such as MetaMask, ensuring the wallet is connected to the Binance Smart Chain network, depositing BNB, and then swapping BNB for MATE through the platform's trade interface.

How to keep your Mate (MATE) Coin safe?

Keeping MATE tokens safe requires following standard cryptocurrency security practices. Since MATE is a BEP-20 token on BNB Smart Chain, it can be stored in compatible wallets such as MetaMask, Trust Wallet, or other wallets that support BEP-20 tokens. For maximum security, consider using a hardware wallet that supports BNB Smart Chain and BEP-20 tokens, as this keeps your private keys offline and protected from online threats. Always ensure that your wallet's seed phrase is backed up securely and never shared with anyone. Be cautious of phishing attempts, fake websites, and fraudulent tokens that may mimic the MATE name or ticker. When trading on PancakeSwap or other decentralized exchanges, verify the contract address carefully to avoid interacting with counterfeit tokens. Additionally, since the project's team information is limited and the project is classified as dormant, investors should exercise heightened caution and only invest what they can afford to lose. Regularly check for official announcements through the project's verified social channels to stay informed about any security updates or developments.

As with any cryptocurrency, MATE carries risks. Its price can be volatile and may fall as well as rise, and reported trading volume is very low, which can make it harder to buy or sell at a desired price. Regulatory treatment of cryptoassets varies by jurisdiction and may change, which could affect access to the token or the platform. Technical risks also apply, including smart contract vulnerabilities, wallet or key-management failures, and the possibility of interacting with counterfeit tokens. These points are not predictions; they are factors readers should weigh before engaging with the project.

How to Buy and Use Mate

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 CoinsMate is instantly credited to your BTCC account, ready for trading at any time.

Related Trading

Choose Mate products that suit your trading style

Thank you for your interest in BTCC. Currently, spot and futures trading services for MATE 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.

Mate FAQs

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

As of right now, the live price of Mate (MATE) is C$0.000749. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated MATE to USD rate at the top of BTCC’s price page. In terms of market scope, Mate records a 24h trading volume of C$24.142835 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of C$2.011448K. Its current circulating supply stands at 2.7M out of a maximum supply cap of 100M.

Why does the price of Mate (MATE) fluctuate, and what drives its volatility?

The price volatility of Mate (MATE) 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 (2.7M) to max supply (100M), 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 Mate (MATE)?

Looking at its historical price performance, Mate (MATE) hit an all-time high (ATH) of C$1.140555 on 2021-08-20 22:50, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at C$0.000443 on 2022-06-18 20:15. 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 Mate (MATE) price chart for futures trading?

When trading MATE 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$24.142835), as price breakouts accompanied by strong volume offer higher reliability.

How to profit from Mate (MATE) price drops? (Short Selling Guide)

Unlike spot trading where you can only profit from rising prices, BTCC’s MATEUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Mate, simply log into your BTCC account with USDT margin available, navigate to the MATEUSDT 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 Mate (MATE) perpetual futures with high leverage on BTCC?

Yes. BTCC offers flexible, high-tier leverage options for MATEUSDT 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 Mate (MATE) 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$0.000749), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for MATEUSDT with zero financial risk.

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

Trading Mate (MATE) 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 MATEUSDT, and review its live price (C$0.000749) 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.