What is Notional Finance (NOTE)?
Notional is the first decentralized, Ethereum-based protocol for borrowing and lending at fixed rates and fixed terms. With variable rate lending, DeFi can only serve a small segment of the crypto lending market because variable interest rates don’t provide the certainty that lenders and borrowers require. Notional fixes this by creating a true market for lenders and borrowers that democratizes and empowers individual investors, business owners and institutional investors.
How does Notional Finance work?
Right now, users can borrow or lend USDC & DAI for up to one year, and ETH & WBTC for up to six months from Notional's on-chain liquidity pools. With Notional's V2 upgrade, liquidity providers enjoy a low-touch experience, and no longer need to roll their debts to new maturities as it is done automatically through the use of nTokens, ERC20 tokens that represent a user's share of the liquidity pool.
What is Notional Finance used for?
After raising a $10 million Series A in May 2021 from some of the top VC firms, including Coinbase Ventures, Notional’s protocol has been relaunched on 11/1 with a host of new features as well as the NOTE governance token.
Where can you buy Notional Finance?
Notional Finance (NOTE) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for NOTE sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting NOTE, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of Notional Finance (NOTE)?
The reported 24-hour trading volume of Notional Finance is $71.61. Volume is a live reading of how much NOTE changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.
What is the highest and lowest price for Notional Finance (NOTE)?
Notional Finance reached an all-time high of $23.42 on November 20, 2021, and an all-time low of $0.007739 on November 21, 2025. It is currently trading -99.96% from its peak and +13.01% from its bottom.
The distance from ATH is a useful gauge of recovery potential during a bear market and of stretched positioning during a bull market. Combined with the all-time-low figure it provides a quick statistical frame for thinking about where NOTE sits in its long-run price range.
What is the market cap of Notional Finance (NOTE)?
Notional Finance's market capitalization is currently $411.17K, and it is ranked #4024 by market cap on Cryptopricing. Market cap is calculated as the current price multiplied by the circulating supply (47.03 million NOTE are actively circulating today).
Market cap is a common but imperfect measure. It reflects the theoretical value of every circulating token at the current market price, but it doesn't capture how thin the top of the order book might be - an important caveat for tokens with low floats or illiquid cap tables.
What is the fully diluted valuation of Notional Finance (NOTE)?
The fully diluted valuation (FDV) of Notional Finance is $853.73K. FDV is a projection of what the market cap would be if every token that will ever exist - including those that have not yet been unlocked, mined or issued - were in circulation at the current price.
FDV is a useful second reading alongside market cap. A large gap between mcap and FDV signals that future token emissions could dilute current holders, while a small gap indicates that supply is already mostly out.
How does the price performance of Notional Finance compare against its peers?
Over the past 24 hours, Notional Finance has moved +0.45%. Over the past seven days, the change is -0.17%. Comparing these figures to the global crypto market cap change (shown in the ticker at the top of this page) tells you whether NOTE is leading, lagging or tracking the broader market.
For deeper analysis, the categories strip on the home page groups coins by theme - Layer 1, Meme, DePIN, AI, RWA and so on - and lets you compare Notional Finance against its closest peers. The category detail pages surface the underlying coins and their seven-day sparklines in a single view.
How to store Notional Finance?
Like any crypto asset, the right way to store NOTE depends on how often you plan to use it. Long-term holders typically self-custody using a hardware wallet such as Ledger or Trezor, which keeps private keys offline and immune to most remote attacks.
For active traders, a reputable custodial exchange wallet can be appropriate, especially one with clear proof-of-reserves attestations. Whatever approach you choose, the most important rule is to keep your recovery phrase offline, never share it, and never enter it into a web form or attached to a DM - no legitimate support agent will ever ask for it.
