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View ChartFuel 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.
| Item | Details |
|---|---|
| Name (Ticker) | Fuel Network (FUEL) |
| Alternative Names | Fuel |
| Consensus Mechanism | Relies on Ethereum for consensus and data availability |
| Smart Contracts | Yes, via FuelVM |
| Category | Layer 2 / Modular Execution Layer |
| Hash Algorithm | Not applicable — Fuel is a rollup that relies on Ethereum for consensus and data availability, not a PoW chain. |
| Block Reward | Not applicable — there is no mining-based block reward; transaction fees are paid in FUEL. |
| Max Supply | Unlimited (no hard cap). Total initial supply was 10 billion FUEL. |
| Total Initial Supply | 10 billion FUEL (per Fuel Docs) |
| Circulating Supply | ~9.5 billion FUEL (per CoinMarketCap, snapshot basis) |
| TPS | 600+ on Ethereum DA (per Fuel Ignition benchmarks); block time of 1 second. |
| Scaling Solution | Modular Execution Layer |
| Blockchain | Fuel Network (Ethereum Layer 2) |
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.
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.
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.
Fuel Network's primary value proposition lies in its focus on maximum execution performance within a modular blockchain stack.
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).
The FUEL token is the lifeblood of the Fuel Network ecosystem, serving several critical functions.
FUEL is listed on several major exchanges. Compare fees, liquidity, and regulatory standing before choosing a venue, and verify the contract address before trading.
Sources: Fuel Docs verified assets.
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.
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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.
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 ∞.
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.
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.
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.
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.
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.
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.
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.
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