Foil Project Introduction, Team, Financing and News

Performances

RD Popularity Index

4100.00% (24h)

0100200300400500

Project Rank: 13121/15432

RD Growth Index

0100200300400500

Project Rank: --/15432

Comparison

Event Calendar

Mar 5, 2025

Foil launches on the mainnet

Team

Noah Litvin

Co-Founder

Fundraising

AAfif Bandak

Related News

Mar 21, 2025

Understand On-Chain Gas Fee "Vault" Foil in One Article | CryptoSeed

Follow Updates

Details

Foil is a decentralized on-chain resource trading market that allows users to trade futures contracts for Ethereum gas fees and blobspace. By standardizing future gas costs into tradable assets, it helps users hedge against fee volatility. Users can buy or sell gas futures on Foil to lock in costs or speculate. Its mechanism draws on Uniswap v3 liquidity pools and uses UMA oracles for price data, ensuring fair settlement of contracts. Foil aims to provide more predictable on-chain transaction costs for high-frequency traders, DeFi protocols, and rollups.

Tags:

Ecosystem(1):

Founded:

2024

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