Spectra
APW
The yield derivatives marketplace
$
0.375864
14.05% - Trading Volume(24h) -12.03% $ 40,303.978
- Circulating Market Cap $ 3,626,636.708 #1100
- Fully Diluted Valuation $ 18,793,200
- Circulating Supply 9,635,523.871 APW
- Total Supply 50,000,000 APW
- Total Raised $8.7 M
- Contract Address
0x4104...60c8
- Supported Exchanges
Details
Spectra is a protocol for future yield tokenisation.DeFi users can deposit their interest bearing tokens of other protocols during defined future periods and trade in advance the future yield that their funds will generate. Spectra works by placing Interest Bearing Tokens (IBT) or any yield-bearing asset for a fixed duration of time in a smart contract and issuing Future Yield Tokens (FYT) in return. The yield generated by these assets is directly received by the smart contract, and only the holder of the FYTs can redeem the corresponding underlying yield at the end of the period.As FYTs are regular ERC20 tokens, they can be freely traded, opening up a new market for future yield.
Fundraising
No Data$
0.375864
14.05% 
- Trading Volume(24h) -12.03% $ 40,303.978
- Circulating Market Cap $ 3,626,636.708 #1100
- Fully Diluted Valuation $ 18,793,200
- Circulating Supply 9,635,523.871 APW
- Total Supply 50,000,000 APW
- Total Raised $8.7 M
- Contract Address 0x4104...60c8
- Supported Exchanges
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Significant Events
Nov, 2022
Spectra raised $ 2.6 M in Seed Plus round
Dec 28, 2021
Spectra was live on mainnet
May, 2021
Spectra raised $ 5.1 M through IDO
Mar, 2021
Spectra raised $ 1 M in Seed round
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