Shapeshift FOX Token

Shapeshift FOX Token PriceFOX

$0.004276
$0.000008799831508650.058799+0.21%

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Shapeshift FOX Token Price Today

Current FOX/USD real-time price is $0.004276, with a 24-hour change rate of +0.21% and a 7-day change rate of -7.38%. FOX currently ranks #1380 globally by market cap, with a total market cap of $3.332202M, a fully diluted valuation (FDV) of $4.310793M, and a 24-hour trading volume of $7.512942K. In terms of supply, FOX has a maximum supply of ∞, a current circulating supply of 772.29M, with 77.30% already in circulation and 22.70% remaining to be unlocked.

About Shapeshift FOX Token

What is Shapeshift FOX Token?

The FOX Token is the governance and utility token for the ShapeShift DAO, a decentralized, community-owned cryptocurrency exchange and platform. It is the governance and utility token of the ShapeShift DAO, issued as an ERC-20 token on Ethereum. FOX provides utility through fee discounts, rewards, and access to exclusive features within the ShapeShift ecosystem. The token was distributed to users through a historic airdrop, transitioning ShapeShift from a private company to a community-owned DAO. FOX can be traded on major exchanges.

Key Specifications & Tokenomics

The FOX Token is the lifeblood of the ShapeShift DAO, powering its decentralized governance and providing key benefits to users within its ecosystem.

ItemDetails
Name (Ticker)Shapeshift FOX Token (FOX)
Alternative NamesFOX Token
Consensus MechanismN/A (Ethereum ERC-20 Token)
Smart ContractsYes (Ethereum)
CategoryDeFi, Governance, Exchange Token
Hash AlgorithmN/A
Block RewardN/A
Max Supply1,000,001,337 FOX
TPSDependent on the Ethereum network
Scaling SolutionN/A
BlockchainEthereum (ERC-20); also deployed on Arbitrum, Base, Gnosis, Optimism, and Polygon
Contract Address (Ethereum)0xc770eefad204b5180df6a14ee197d99d808ee52d (other chain addresses are available on Arbitrum, Base, Gnosis, Optimism, and Polygon)

Who created Shapeshift FOX Token (FOX)?

ShapeShift was founded in 2014 by Erik Voorhees and Jon ShapeShift (a pseudonym) as a private, non-custodial cryptocurrency exchange. The creation of the FOX Token marked a pivotal shift in the company's structure. On June 30, 2021, 34% of FOX was airdropped to over 1.1M ShapeShift customers and DeFi community members. On July 15, 2021, ShapeShift announced it would dissolve its corporate model and transition to the ShapeShift DAO. The FOX Token was distributed to over 1.1M ShapeShift customers and DeFi community members in what the project describes as the world's largest token airdrop (June 30, 2021). This move transferred ownership and governance of the entire ShapeShift platform to its community of FOX holders. 32% was granted to employees and shareholders (vesting over three years from June 2, 2021), and 1.3% was retained by ShapeShift.

How does Shapeshift FOX Token (FOX) work?

FOX operates primarily on the Ethereum blockchain as an ERC-20 token, and it is also deployed on Arbitrum, Base, Gnosis, Optimism, and Polygon. Its core functionality revolves around two main pillars: governance and platform utility. As a governance token, FOX token holders can submit and vote on proposals relating to the operation and treasury of the DAO. For utility, holding FOX provides tangible benefits within the ShapeShift ecosystem, such as fee discounts, rewards, and access to exclusive features within the ShapeShift ecosystem. The token is designed to align incentives, rewarding active participants and long-term supporters of the decentralized platform.

What makes Shapeshift FOX Token (FOX) unique and valuable?

FOX's uniqueness stems from its role in one of the most significant decentralization events in the crypto industry. Unlike exchange tokens issued by centralized entities, FOX represents true ownership of a major trading platform by its users. Its value is derived from:

  • Direct Governance: Token holders have a direct say in the platform's evolution, from the DAO treasury, endowed with 567,000,000 FOX (56.7% of all FOX) and actively generating revenue, to new feature rollouts.
  • Proven Utility: The token provides real, usable benefits like fee reductions, which can save active traders significant costs.
  • Community Distribution: 34% of FOX was airdropped to over 1.1M ShapeShift customers and DeFi community members on June 30, 2021.
  • Ecosystem Integration: FOX can be traded in ShapeShift's web and mobile app, which aggregates liquidity from Uniswap and over a dozen other DEXs via 0x, CoW Protocol, LI.FI, and Portals.

What is Shapeshift FOX Token (FOX) used for?

The FOX Token has several primary use cases within the ShapeShift DAO ecosystem:

  • Governance Voting: Staking FOX tokens to participate in the democratic governance of the DAO, voting on all key decisions.
  • Fee Discounts: FOX provides utility through fee discounts within the ShapeShift ecosystem.
  • Rewards and Incentives: Earning FOX tokens as rewards for providing liquidity, participating in promotional campaigns, or engaging with new platform features.
  • Access and Membership: Gaining access to exclusive features, early product launches, or special community events reserved for FOX holders.

How to buy FOX Coin?

FOX is listed on several major exchanges. To buy FOX, choose a reputable exchange, complete its identity verification, deposit funds, and place an order for a FOX spot pair. Always verify contract addresses before transferring tokens.

Risks and Considerations

FOX is subject to market volatility, and its price can fluctuate significantly. Regulatory policies affecting cryptocurrencies may change and could impact the token or the ShapeShift DAO. Technical risks, including smart contract vulnerabilities and network issues on the chains where FOX is deployed, also apply. The points above reflect the project's own descriptions and should not be treated as guarantees of future performance.

How to Buy and Use Shapeshift FOX Token

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 CoinsShapeshift FOX Token is instantly credited to your BTCC account, ready for trading at any time.

Related Trading

Choose Shapeshift FOX Token products that suit your trading style

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

Shapeshift FOX Token FAQs

What is the live price, market cap, and 24h volume of Shapeshift FOX Token (FOX)?

As of right now, the live price of Shapeshift FOX Token (FOX) is $0.004276. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated FOX to USD rate at the top of BTCC’s price page. In terms of market scope, Shapeshift FOX Token records a 24h trading volume of $7.512942K (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $3.332202M. Its current circulating supply stands at 772.29M out of a maximum supply cap of ∞.

Why does the price of Shapeshift FOX Token (FOX) fluctuate, and what drives its volatility?

The price volatility of Shapeshift FOX Token (FOX) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (772.29M) 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 Shapeshift FOX Token (FOX)?

Looking at its historical price performance, Shapeshift FOX Token (FOX) hit an all-time high (ATH) of $5.134915 on 2021-11-16 07:40, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.003722 on 2026-07-01 12:40. 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 Shapeshift FOX Token (FOX) price chart for futures trading?

When trading FOX 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 ($7.512942K), as price breakouts accompanied by strong volume offer higher reliability.

How to profit from Shapeshift FOX Token (FOX) price drops? (Short Selling Guide)

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

Yes. BTCC offers flexible, high-tier leverage options for FOXUSDT 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 practice Shapeshift FOX Token (FOX) 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: $0.004276), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for FOXUSDT with zero financial risk.

Step-by-step guide: How to buy and trade Shapeshift FOX Token (FOX) on BTCC?

Trading Shapeshift FOX Token (FOX) 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 FOXUSDT, and review its live price ($0.004276) 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.

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