NOTEMarket cap rank 4373

Notional Finance (NOTE) price and heat score

$0.00548999
24h +0.6% · 7d +1.5% · 30d -13.8%
13
Heat scoreCOLD▼ -3 vs yesterday
Lending/Borrowing ProtocolsEthereum EcosystemFixed InterestCoinbase Ventures PortfolioPantera Capital Portfolio

Notional Finance (NOTE) trades at $0.00548999, down 13.8% over the past 30 days. Its market cap — supply times price — is $536,082, the 4373-largest in crypto. Over a year it is -88% (down), and it sits -100% from its all-time high. On tradability, the book is thin, so incoming money moves the price easily. Taken together, the overall heat score is 13 (COLD). A higher number means more of the conditions for a rally are in place — it is not a price forecast.

One-year chart (daily close; hover for the price)
Price
$0.00548999
Market cap
$536,082
FDV
$548,999
24h volume
$2
24h / 7d / 30d
+0.6% / +1.5% / -13.8%
From ATH
-100.0%
Circulating / total
100%

Profile What kind of asset is Notional Finance?

A mechanical read on Notional Finance (NOTE) from market data — a first impression to start from, not a verdict.
Market size
Micro cap
A micro-cap or newly listed asset with a small market cap (ranked #4373)
Liquidity (24h volume)
Thin
Volume is very small; even modest orders can move the price a lot
Dilution risk
Mostly done (98% circulating)
Nearly the entire supply cap is already circulating, so little dilution pressure remains
Long-term trend
Down sharply over 1 year (-88%)
The direction on a longer time frame
A qualitative summary based on market data. This is not investment advice.

Overview What is Notional Finance

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.

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.

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.

The description is based on public information from CoinGecko.This is information, not investment advice.

Basics How Notional Finance started, and its basic data

Watchlists
3K
How many people track this asset on CoinGecko — a gauge of attention
Official documents
Launch date, technical design and follower counts come from CoinGecko's public data.

Price detail Price levels for Notional Finance

Key price levels for Notional Finance (NOTE). Crypto is divisible, so you can buy well under a whole coin.
Current price
$0.00548999
as of 2026-08-14
All-time high
$23.42
The highest price on record (2021-11-19)
Distance from ATH
-100.0%
A new high would take about 4265.9x the current price
All-time low
$0.0053904
The lowest price on record (2026-08-11)
Distance from ATL
+2%
Trading near its all-time low

Signals Catalysts currently in play (auto-extracted)

💤
Turnover is slow
24-hour volume equals 0.0% of market cap. Trading is quiet, so price moves are likely to stay contained.
🏔️
Far below its all-time high
Trading -100% from its all-time high. Recovering that ground would take a substantial return of demand — and a discount this large usually has a reason worth checking.
🪫
Public repository is quiet
No public commits in the past four weeks (development may be happening in private). Worth confirming the project's continuity separately.
These signals are extracted automatically by deterministic rules from the data on this page — price, volume, unlocks, development activity and chain usage. They do not forecast prices, and they contain no social-media rumour or speculation.This is not investment advice.

Returns Performance by period

Returns over each period, so you can compare short-term momentum against the longer-term trend at a glance. Positive is a gain, negative a loss.
1 hour+0.0%24 hours+0.6%1 week+1.5%2 weeks-4.9%1 month-13.8%200 days-64.5%1 year-87.6%
1 hour
+0.0%
24 hours
+0.6%
1 week
+1.5%
2 weeks
-4.9%
1 month
-13.8%
200 days
-64.5%
1 year
-87.6%
Over the past 30 days it has run about 12 points behind Bitcoin (-2.2%), the market's benchmark. (NOTE: -13.8%)
Past performance, which does not guarantee future results.

Supply Who controls the supply

Of the maximum supply of 100,000,000 NOTE, 98% is on the market today. 98% has been issued so far; the remaining 2% is still to come from future issuance — that is future dilution waiting to happen.
Circulating 98%Not yet issued (issuance) 2%
Market cap vs FDV (the dilution already priced in)
Market cap
$536,082
Value of the circulating supply
FDV (fully diluted)
$548,999
If the entire supply were circulating
Fully diluted valuation is only about 1.0x the current market cap, so there is little additional supply left to come.

Project Project information and governance

Category & ecosystem
Lending/Borrowing Protocols Ethereum Ecosystem Fixed Interest Coinbase Ventures Portfolio Pantera Capital Portfolio
Major venues
Balancer V2
External links point to each project's own official pages.We do not vouch for what those pages contain.

Exchanges Where is Notional Finance traded?

The venues where Notional Finance (NOTE) trades most, by 24-hour volume in USD. Deeper volume generally means orders fill more easily and the price holds steadier.
Balancer V2
$32
Ranked by converted volume, highest first.Which venues you can use depends on where you live, so check what is licensed in your own jurisdiction.This is not a recommendation of any particular exchange.

Heat score Heat factor breakdown

13
Heat scoreCOLDOverall heat score
How the overall score is built: market gate 42 (applied to everything) × geometric mean of the four factors 32 (momentum, liquidity, fundamentals and supply, multiplied together) → 13. It is not a simple average: a weak market holds the whole score down, and a single weak factor drags the rest with it.
Factor breakdown (0–100; higher means more conditions are in place)
Regime (market gate) gate
42
→ The market gate is neutral. Asset-specific factors decide this one.
Momentum
41
→ The trend is flat — no clear direction yet.
Liquidity (traded volume depth)
5
→ Almost nothing is trading. There is no assurance you could enter or exit at the price shown.
Fundamentals (TVL / market cap)
50
→ TVL is unremarkable relative to market cap.
Supply lightness
100
→ Most of the supply already circulates, so unlock pressure is light.
Development activity → No public code updates in the last four weeks. Development may have stalled, or it may be happening in private repositories.
Compare every asset in the heat score ranking →

Related Structurally similar assets (shared categories)

Similarity computed from shared CoinGecko categories rather than an industry taxonomy. Assets in the same L1 ecosystem or with the same use case tend to share capital flows and market conditions.

FAQ Notional Finance — frequently asked questions

What is Notional Finance (NOTE)?
Notional is the first decentralized, Ethereum-based protocol for borrowing and lending at fixed rates and fixed terms. Read more →
What is the current price of Notional Finance (NOTE)?
$0.00548999 as of 2026-08-14. The price moves daily, and this page is rebuilt every day.
What is the market cap of Notional Finance (NOTE)?
About $536,082 as of 2026-08-14, which ranks #4373 across all crypto assets.
What is Notional Finance's heat score, and what does it mean?
The heat score is 13 (COLD) as of 2026-08-14. It is our own 0–100 measure of how many of the conditions a rally needs — momentum, tradable volume, light supply and a supportive market — are currently in place. It is not a price forecast. The model multiplies its factors, so a single missing condition holds the whole score down.
What is the supply of Notional Finance (NOTE)?
As of 2026-08-14, 97,647,119 NOTE is in circulation out of a total supply of 97,647,119 NOTE — about 100%. The remainder may reach the market through future unlocks.
What is the all-time high for Notional Finance (NOTE)?
The all-time high on record as of 2026-08-14 is $23.42.The price is $0.00548999 today, -100.0% from that high.
How much Notional Finance (NOTE) can I buy with $100?
At the 2026-08-14 price ($0.00548999), $100 buys roughly 18,214.97 NOTE before fees and spread. Crypto is divisible, so you do not need to buy a whole coin.
Will Notional Finance (NOTE) go up? What are its prospects?
We do not forecast prices or give investment advice. What this page does is track Notional Finance every day through factual data — the heat score, supply structure, charts and development activity. Use it as material for your own judgement; the decision is yours.
Where can I buy or trade Notional Finance (NOTE)?
It trades on major crypto exchanges. Which venues you can use depends on where you live, so check what is licensed in your own jurisdiction. This is information, not a recommendation of any asset or exchange.
The prices, market caps and heat scores above are as of 2026-08-14 and change daily.This is information, not investment advice.

Machine-readable data: JSON

Updated 2026-08-14 · rebuilt daily
This site provides information based on public data. It is not investment advice or a solicitation to buy or sell. The heat score is a deterministic, relative indicator computed by a fixed formula; it does not predict future prices. Trading crypto assets involves risk, including price volatility. Make your own decisions.
Data provided by CoinGecko · TVL / fees / stablecoins: DefiLlama · Fear & Greed: alternative.me
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