Fuel Network

Fuel Network PriceFUEL

$0.000797
$0.000016+2.05%

Last updated:--

View Chart

Fuel Network Price Today

Current FUEL/USD real-time price is $0.000797, with a 24-hour change rate of +2.05% and a 7-day change rate of -0.80%. FUEL currently ranks #1071 globally by market cap, with a total market cap of $7.675988M, a fully diluted valuation (FDV) of $8.436392M, and a 24-hour trading volume of $270.206235K. In terms of supply, FUEL has a maximum supply of ∞, a current circulating supply of 9.63B, with 90.99% already in circulation and 9.01% remaining to be unlocked.

About Fuel Network

What is Fuel Network? Key Specifications & Tokenomics

Fuel Network is a pioneering modular execution layer designed to scale the Ethereum ecosystem. It is a high-performance modular execution layer built to scale Ethereum's capacity through parallel transaction processing.

ItemDetails
Name (Ticker)Fuel Network (FUEL)
Alternative NamesFuel
Consensus MechanismRelies on Ethereum for consensus and data availability
Smart ContractsYes, via FuelVM
CategoryLayer 2 / Modular Execution Layer
Hash AlgorithmNot applicable — Fuel is a rollup that relies on Ethereum for consensus and data availability, not a PoW chain.
Block RewardNot applicable — there is no mining-based block reward; transaction fees are paid in FUEL.
Max SupplyUnlimited (no hard cap). Total initial supply was 10 billion FUEL.
Total Initial Supply10 billion FUEL (per Fuel Docs)
Circulating Supply~9.5 billion FUEL (per CoinMarketCap, snapshot basis)
TPS600+ on Ethereum DA (per Fuel Ignition benchmarks); block time of 1 second.
Scaling SolutionModular Execution Layer
BlockchainFuel Network (Ethereum Layer 2)

Key Takeaways

Fuel Network is a modular execution layer built to scale Ethereum through parallel transaction processing. It utilizes a unique virtual machine, the FuelVM, for superior performance and developer flexibility. The FUEL token is the native asset used to pay for transaction execution and computational resources (gas) on the Fuel Network, and to fund ecosystem incentives. Its architecture focuses on high throughput and low transaction costs for decentralized applications. Fuel aims to be a foundational layer for the future of scalable blockchain applications.

Who created Fuel Network (FUEL)?

Fuel Network is developed by Fuel Labs. Publicly referenced leaders include John Adler and Nick Dodson, with @Voxelot referenced as a co-founder. Fuel Labs is the development team behind Fuel Network; investor and team details are tracked on CryptoRank and CoinGlass. The development is driven by a clear vision to solve Ethereum's scalability trilemma—balancing decentralization, security, and scalability—through a novel modular approach. The project operates with significant community and developer input, aiming to build a robust execution environment for the next generation of decentralized applications.

Fuel V1 launched in 2020 as the first optimistic rollup on Ethereum mainnet and the first to reach stage-2 security status.

How does Fuel Network (FUEL) work?

Fuel Network operates as a modular execution layer separate from Ethereum's consensus and data availability layers. Its core innovation is the Fuel Virtual Machine (FuelVM), a highly optimized execution environment designed for parallel transaction processing. Unlike traditional sequential processing, FuelVM can execute multiple transactions simultaneously, dramatically increasing throughput and efficiency. It uses a UTXO-based model, similar to Bitcoin, which is inherently more parallelizable than Ethereum's account-based model. Fuel's UTXO model includes built-in support for Zero-Knowledge (ZK) opcodes, enabling confidential transaction paths at the protocol level, and Fuel rollups feature native account abstraction with support for wallets of all networks. Transactions on Fuel are batched and their data is posted to Ethereum's base layer (Layer 1) for security and finality, making it a secure Layer 2 solution. This architecture allows developers to build high-performance applications with very low transaction fees while still leveraging Ethereum's robust security.

What makes Fuel Network (FUEL) unique and valuable

Fuel Network's primary value proposition lies in its focus on maximum execution performance within a modular blockchain stack.

  • Fuel Virtual Machine (FuelVM): This custom-built VM offers greater design space and performance than the Ethereum Virtual Machine (EVM), enabling new types of applications and optimizations.
  • Parallel Execution: Its UTXO-based architecture allows for true parallel transaction processing, a key differentiator that unlocks significant scalability gains compared to sequential execution layers.
  • Developer Experience: Fuel provides a strong developer toolkit, including the Sway programming language and the Forc development toolchain, designed for safety and efficiency when building on the FuelVM.
  • Modular Design: By specializing solely on execution, Fuel can optimize for that single function without being burdened by consensus or data availability duties, leading to a superior product for dApp developers needing high throughput.

Vitalik Buterin publicly noted Fuel as one of only two stage-2 rollups at the time (Sep 25, 2024), praising its experimentation with alternative virtual machine designs.

Ecosystem projects listed on fuel.network include Griffy (prediction market), MIRA DEX, and Swaylend (lending platform).

What is Fuel Network (FUEL) used for?

The FUEL token is the lifeblood of the Fuel Network ecosystem, serving several critical functions.

  • Network Fees: FUEL is used to pay for transaction execution and computational resources (gas) on the Fuel Network. All operations require FUEL.
  • Ecosystem Incentives: FUEL is used to incentivize developers, users, and other network participants, fostering growth and adoption of the Fuel ecosystem.

How to buy FUEL Coin?

FUEL is listed on several major exchanges. Compare fees, liquidity, and regulatory standing before choosing a venue, and verify the contract address before trading.

  1. Register an Account: Sign up using your email or phone number and complete the KYC verification process to access all platform features and benefits.
  2. Deposit Funds: Add fiat currency (via bank transfer, card, or third-party payment) or deposit USDT from an external wallet into your account.
  3. Place an Order: Navigate to the trading section, search for the FUEL spot trading pair, enter the amount of FUEL you wish to purchase, and submit your order.
  4. Confirm Your Purchase: Check your wallet balance to confirm the FUEL tokens have been deposited.

Contract Addresses

  • Ethereum: 0x675b68aa4d9c2d3bb3f0397048e62e6b7192079c (9 decimals)
  • Base: 0xFdedBefEc262fE0eeaA2bbdE1afA2ef09AaB6634 (9 decimals)
  • BNB Smart Chain: 0x5c8daEabc57E9249606D3bD6d1E097eF492eA3C5 (9 decimals)

Sources: Fuel Docs verified assets.

Risks and Considerations

FUEL, like all crypto assets, carries risk. Its price can be volatile and may move sharply in short periods. Regulatory treatment of crypto assets varies by jurisdiction and can change, which may affect access, listing, or usability. As a relatively new modular execution layer, Fuel also faces technical risks, including smart contract vulnerabilities, network upgrades, and dependence on Ethereum for consensus and data availability. This article is for reference only and does not constitute investment advice.

How to Buy and Use Fuel Network

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

Related Trading

Choose Fuel Network products that suit your trading style

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

Fuel Network FAQs

What is the live price, market cap, and 24h volume of Fuel Network (FUEL)?

As of right now, the live price of Fuel Network (FUEL) is $0.000797. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated FUEL to USD rate at the top of BTCC’s price page. In terms of market scope, Fuel Network records a 24h trading volume of $270.206235K (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $7.675988M. Its current circulating supply stands at 9.63B out of a maximum supply cap of ∞.

Why does the price of Fuel Network (FUEL) fluctuate, and what drives its volatility?

The price volatility of Fuel Network (FUEL) 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 (9.63B) 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 Fuel Network (FUEL)?

Looking at its historical price performance, Fuel Network (FUEL) hit an all-time high (ATH) of $0.08448 on 2024-12-29 23:15, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.000601 on 2026-06-02 08:50. 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 Fuel Network (FUEL) price chart for futures trading?

When trading FUEL 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 ($270.206235K), as price breakouts accompanied by strong volume offer higher reliability.

How to profit from Fuel Network (FUEL) price drops? (Short Selling Guide)

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

Yes. BTCC offers flexible, high-tier leverage options for FUELUSDT 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 Fuel Network (FUEL) 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: $0.000797), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for FUELUSDT with zero financial risk.

Step-by-step guide: How to buy and trade Fuel Network (FUEL) on BTCC?

Trading Fuel Network (FUEL) 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 FUELUSDT, and review its live price ($0.000797) 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.