Uquid Coin

Uquid Coin (UQC) is an ERC-20 token built on the Ethereum blockchain to support the Uquid ecosystem, a platform that lets holders of cryptocurrencies spend their digital assets on everyday purchases at retailers such as eBay and Amazon. The project's core claim is that it bridges the gap between cryptocurrency holdings and real-world spending by enabling users to convert altcoins into usable purchasing power, including through prepaid payment cards. The Uquid card service, which began in 2016, describes itself as among the first to issue prepaid cards loadable with bitcoin and over 100 other altcoins.

UQC is an ERC-20 token, meaning it lives on the Ethereum blockchain and relies entirely on Ethereum's own consensus mechanism and settlement layer rather than maintaining a separate chain or block schedule — which is consistent with the block time of zero recorded here. Inside the Uquid ecosystem, the token is intended to facilitate transactions and provide holders with the ability to cash out or spend their coins through the platform's card and online-shopping infrastructure. No consensus algorithm is recorded for UQC itself beyond its existence as an Ethereum-based token.

The data stored for UQC contains no fee stream, revenue figures, or protocol-level fee collection mechanism, so no fee-based analysis can be constructed from what is held here. The 24-hour turnover ratio stands at 0.097 of circulating supply, indicating the share of the 10,000,000 circulating tokens that changed hands in the most recent 24-hour period. The circulating supply represents 25% of what appears to be a larger total supply figure, and the dilution overhang stands at approximately 300%, meaning tokens not yet in circulation are roughly three times the size of the current circulating float, which is reflected in the fully-diluted-value-to-market-cap ratio of 4.0.