Fuel is a high-performance execution layer for Ethereum rollups, enabling parallel smart contract execution and improved scalability.
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Fuel is an execution layer optimized for Ethereum rollups, offering a high-speed, parallel processing environment for smart contract execution. It uses the FuelVM, which enhances the EVM by enabling parallel transaction execution and supporting multiple native tokens. This results in substantially improved throughput and state access compared to typical blockchains. FuelVM employs a UTXO model for dependency identification, maximizing CPU core utilization. The platform also features Sway, a Rust-inspired language, and comprehensive developer tools (TypeScript, Rust SDKs, GraphQL API) for streamlined development and interaction.
As of now, Fuel Network is trading at 0.013799 USD, with a 24-hour trading volume of approximately 2.25M USD. The FUEL to USD price is updated in real time. Over the past 24 hours, Fuel Network has increased by 5.32%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 64.78M USD. Currently, there are 4 694 527 629.529898 FUEL in circulation out of a maximum supply of 10 061 905 614.404348 FUEL.
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