FRAC Token on Hyperliquid

One token to rule them all

Tokenomics: The FRAC Utility Token

Important Note: The FRAC token was not launched by us but represents a community takeover to experiment with various governance mechanisms (DAOs). We do not hold the majority of the FRAC token or have any control over it. If we decide to launch our own token in the future, all current FRAC holders will be rewarded.

The FRACTRADE ecosystem is powered by the FRAC token, a pure utility token designed to provide access, governance, and additional features to its holders. By integrating the token into the platform's core functionality, FRACTRADE ensures a fair, democratic, and community-driven approach to development and usage.

Token Details

  • Total Supply: 23,596,502.22 FRAC
  • Burned Tokens: 19,600,000 FRAC (83.05% of total supply)
  • Circulating Supply: Approximately 4 million FRAC
  • Market Availability: FRAC tokens are actively tradable on the Hyperliquid spot market under the ticker FRAC.

Token Explorer

Detailed token information like the holder distribution can be found at:

Primary Utility: Access to Exclusive Features and Strategies

The main utility of the FRAC token is to limit access to certain platform features and trading strategies. This restriction serves two purposes:

  • Liquidity Management: Some trading strategies, such as early sniping of low-liquidity tokens, require limited access to maintain their effectiveness. By gating access with FRAC tokens, the platform ensures that these strategies remain profitable for participants.
  • Exclusive Features: Certain advanced platform functionalities will be accessible only to FRAC holders, incentivizing participation in the ecosystem.

Governance and Decentralized Decision-Making

FRAC tokens also serve as the foundation for the platform's governance system:

  • Voting Power: Each FRAC token represents one vote in critical decisions regarding the platform's development and future direction. Token holders can participate in votes on major updates, feature additions, and strategic changes.
  • Democratic Development: By enabling community-driven governance, FRACTRADE aims to make the project as inclusive and democratic as possible. Every participant has the opportunity to influence the project's evolution and benefit from its growth.

Future Utility

While the initial focus is on access and governance, FRACTRADE is exploring additional utilities for the FRAC token, including:

  • Incentives for contributing to the ecosystem, such as publishing high-quality agents or strategies in the marketplace.
  • Discounts or enhanced features for token holders, encouraging active participation in the ecosystem.

The FRAC token embodies FRACTRADE's vision of a transparent, community-driven trading platform. By combining practical utility with decentralized governance, it empowers users to shape the platform while gaining access to exclusive opportunities and features.