What Fluid governs

Fluid is a DeFi protocol governance token, currently ranked 456th by market capitalization among the assets we track. Fluid sits at the center of a decentralized-finance application. The token coordinates governance, sometimes routes protocol revenue to holders, and ties its value to how much the underlying protocol is actually used.

Fluid (FLUID) is a decentralized finance protocol designed to enable seamless liquidity provisioning and management through innovative financial instruments. It aims to enhance accessibility and efficiency in decentralized applications and the broader blockchain ecosystem.

How value is supposed to accrue

The economic question is whether Fluid captures the value its protocol creates. Total value locked and fee revenue are the inputs; the token's design decides how much of that reaches holders.

Background & fundamentals

In sector terms it is most often filed under Ethereum (ETH) Token (ERC-20), Polygon (MATIC) Token, and DeFi.

Where Fluid sits in the market

With FLUID near $0.8657, Fluid carries a market capitalization of $34.14M. Around $1.31M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 3.82% of the float — a healthy level of activity for an asset this size.

Almost the entire FLUID supply is already in circulation (~100.0% of the 100M cap), so future dilution is effectively off the table. FLUID remains -91% beneath its all-time high of $9.70, the kind of gap that historically takes a full cycle or a fresh catalyst to close. Measured from its all-time low of $0.3499, FLUID is up +147%.

What the price history shows

Across timeframes, FLUID shows 24-hour -0.38%, 7-day -6.02%, 30-day -5.27%. FLUID is currently trading near the bottom of its 287-day range (around the 1st percentile of recent closes).

Volatility profile

Recent action puts Fluid in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the last 30 days the move totals -5.27%, a useful input for stop placement and position sizing.

How to evaluate a DeFi token like Fluid

The honest checklist for FLUID is short:

  • Protocol revenue — fees the application actually earns, and whether any of it reaches FLUID holders.
  • Total value locked — how much capital trusts the protocol — and how sticky it is versus mercenary yield.
  • Token utility — whether FLUID is load-bearing (governance over real value, fee rights) or decorative.

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.