Tread.fi

Tread.fi is an algorithmic trading terminal and agentic trading ecosystem designed to bring institutional-grade execution tools to a broader range of digital asset traders. The TREAD token is the connective layer of this ecosystem, linking traders, developers, and exchanges that use the platform. It sits within the decentralized finance and perpetuals categories on the Ethereum ecosystem and aims to address the gap between the sophisticated infrastructure available to professional trading firms and what is accessible to ordinary market participants.

TREAD operates as the native token of the Tread.fi platform, which runs autonomous trading agents that execute across multiple venues. The token's role is described as tying together the participants in the ecosystem — traders, builders, and exchanges — though the specific on-chain mechanics, consensus algorithm, and governance or utility functions of the token are not detailed in the data available here. The circulating supply equals the maximum supply of 100,000,000 tokens, meaning no additional tokens are scheduled to be issued and there is no dilution overhang.

The protocol recorded fees of 2,191 USD over the most recent 24-hour period, 21,953 USD over the trailing 7 days, 91,185 USD over the trailing 30 days, and 3,952,517 USD over the trailing 12 months, with fees annualized from the trailing 30 days standing at 1,109,417.50 USD. Revenue figures match fees exactly across all periods, and the take rate over the trailing 30 days is 100 percent, meaning the protocol retains all fees collected rather than distributing any portion to liquidity providers or other supply-side participants — supply-side revenue for the trailing 30 days is recorded as zero. Fee and revenue growth over the last 30 days was 100.64 percent, reflecting that the fee base roughly doubled during that window. The market capitalization to annualized fees ratio stands at 46.92, based on the annualized figure derived from the trailing 30 days.