What Federal Oil Fund actually is

Federal Oil Fund (FOF) is a memecoin, currently ranked 415th by market capitalization among the assets we track. Federal Oil Fund is a memecoin: its value comes from community, attention, and culture rather than cash flows or protocol fundamentals. That is not a criticism — it is the category — but it shapes every honest thing that can be said about it.

How memecoins actually trade

The honest framing is that Federal Oil Fund is a high-variance attention asset. There is no discounted-cash-flow floor underneath it; the floor is whatever the community decides it is on any given day.

Background & fundamentals

In sector terms it is most often filed under Meme Coin and Solana (SOL) Token.

Where Federal Oil Fund sits in the market

At $0.00001168, Federal Oil Fund carries a market capitalization of $11.68K. Around $32.91 changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.28% of the float — on the quieter side, which can mean thinner liquidity for large orders.

Almost the entire FOF supply is already in circulation (~100.0% of the 1B cap), so future dilution is effectively off the table. FOF remains -100% beneath its all-time high of $0.00714828, the kind of gap that historically takes a full cycle or a fresh catalyst to close.

What the price history shows

Recent moves read 24-hour -6.55%, 7-day -19.81%.

Volatility profile

Recent action puts Federal Oil Fund in the High-volatility band — it has been actively trading, with daily moves that would be unusual in traditional equities.

How to think about a memecoin like Federal Oil Fund

A grounded read on FOF comes down to three questions:

  • Liquidity and float — how deep the order book is and how much of the supply could hit the market — thin liquidity cuts both ways.
  • Community momentum — social activity and holder growth, since attention is the only fundamental a memecoin has.
  • Survivorship odds — whether the project has staying power beyond a single hype cycle — most memecoins do not.

This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.