UPFI Network, the fractional-algorithmic stablecoin protocol on Solana, has completed its funding round, raising more 2 million USD in Seed Round and Private Round, Public sale. This round of fundraising has attracted several prestigious investors, backers and community partners worldwide. UPFI Network currently has more than 110,000 followers on social media channels.
UPFI Network has reached an impressive milestone by winning the 1st prize at Solana Season Hackathon - Nation Vietnam.
UPFI Network is the unique fractional-algorithmic stablecoin protocol. UPFI Protocol's final goal is to provide stable, highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets. This stablecoin protocol should help to overcome the risks and restrictions that previous stablecoins have, by providing the 2 tokens - system: UPFI and UPS. Whereas, UPFI is a stable coin partially backed by collateral (USDC and UPS share token), and partially stabilized algorithmically. UPFI price is guaranteed to be pegged at 1$. Besides, UPS is the non-stable and utility token, serving as a volatility-absorbing asset, and gives the protocol greater capacity for scaling since the system requires less external collateral (USDC) to grow.
What is the highest value UPFI Network (UPS) has ever reached?
UPFI Network (UPS) reached its peak price at 0.1639 $ on 11 November 2021, approximately 4 years ago ago. Presently, the current price is -99.97% lower than this all-time high.
What is the historical minimum price for UPFI Network (UPS)?
The minimum price reached for UPFI Network (UPS) was 0.00004183 $, documented on 24 April 2025, more than 7 months ago. In comparison, the current price is , it equal this historical low.
What is the fully diluted valuation of UPFI Network (UPS)?
The fully diluted valuation (FDV) of UPFI Network (UPS) stands at $ 20,916. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 500,000,000 UPS tokens. The realization of this FDV might take several years depending on the emission schedule of UPS tokens.