Live · updated 17 minutes ago
Midas mF-ONE Price chart
Key stats
Performance
How the price moved over each period.
Supply
57.91M MF-ONE circulate. No maximum supply is set.
- Circulating
- 57.91M
- Total supply
- 57.91M
- Max supply
- No max supply
ⓘ Circulating · Total supply · Max supply
Circulating supply: coins currently available to trade, as reported by the data provider.
Total supply: coins created so far, minus any burned. It includes locked or not-yet-released coins.
Max supply: the hard cap on coins that can ever exist. Shown as “No max supply” when the protocol sets no cap.
CryptoWave Health score
Five measurable signals. Each ring segment’s length is its weight; how full it is shows the score.
Volume is 0.00% of market cap. Thin trading; small orders can move the price.
$65.63M market cap, rank #367. Bigger is harder to push around.
100% of the total supply circulates. Little dilution ahead.
0.9% below its all-time high of $1.14.
Largest recent swing: 0.05% a day. Calm.
Describes market structure today. Not a price forecast and not investment advice.
How this score is calculated
A weighted average of five signals computed from the market data on this page. Each signal is scored from 0 to 100:
- Liquidity (25%): 24-hour trading volume divided by market cap.
- Market depth (25%): market cap, on a logarithmic scale from $10 million to $1 trillion.
- Supply (15%): circulating supply divided by max supply, or by total supply when there is no cap. More supply already in circulation scores higher.
- Distance from peak (15%): the current price compared with the all-time high.
- Stability (20%): the largest recent price swing among the 1-hour move (×3), the 24-hour move and the 7-day move (÷2.6).
Bands: 75 and above strong, 55–74 fair, 35–54 weak, below 35 fragile.
Limits: the score describes current market structure only. It is not a price forecast, an audit or investment advice, and it does not consider the team, code or token unlocks. A missing input counts as a neutral 50.
Missing inputs for this asset, counted as a neutral 50: Liquidity
Time machine
Drag the date. See what a one-off buy or a regular buy would be worth today. Real daily closing prices, fees not included.
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What is Midas mF-ONE (MF-ONE)?
mF-ONE is a tokenized investment certificate issued by Midas, a tokenization company founded in 2023 that issues yield-bearing products as ERC-20 tokens. It tracks the F-ONE strategy run by Fasanara Capital, a London-based asset manager overseen by the UK Financial Conduct Authority. The product was announced on 27 June 2025 and lives on Ethereum.
How mF-ONE works
F-ONE allocates to fintech-originated receivables, SME lending, real estate-backed credit and delta-neutral digital asset strategies. Midas describes the mix as short-duration private credit combined with digital market strategies. Holding mF-ONE gives exposure to that strategy rather than to a stable dollar value, so the token price moves with the fund's net asset value. It is not a stablecoin and does not target a fixed price, so its value can move both up and down.
- Pricing: Fasanara produces the net asset value, and Midas submits it to eOracle for independent verification.
- Access: the product is aimed at qualified investors, and primary access is limited to whitelisted participants.
- Redemption: Midas describes a real-time layer backed by tokenized T-bills alongside a quarterly liquidity framework that follows traditional fund redemption schedules.
- DeFi use: qualified holders can post mF-ONE as collateral in an mF-ONE/USDC market on Morpho and borrow USDC from vaults curated by Steakhouse.
MF-ONE supply and token design
mF-ONE has no fixed cap. Supply grows when approved investors subscribe and shrinks when tokens are redeemed, and the token uses 18 decimals. Live circulating supply is shown in the market data on this page.
The Ethereum contract is 0x238a700eD6165261Cf8b2e544ba797BC11e466Ba. Because this is a restricted product, compare any address with the one on the official product page before interacting.
Official information is on midas.app.
What to check before using MF-ONE
- mF-ONE is a restricted, investment-style product. Eligibility, whitelisting and jurisdiction rules apply, so confirm that you qualify before subscribing.
- The underlying assets are private credit and trading strategies, so credit losses, defaults and strategy drawdowns can reduce the token's value.
- Pricing depends on a net asset value produced by the manager, and exits can follow a quarterly schedule, so quick redemption at par is not guaranteed.
- Borrowing against mF-ONE adds liquidation risk if the collateral value falls.
- Token holders depend on the issuer, the fund manager and several smart contracts, which creates counterparty and technical risk.
Midas mF-ONE project profile
Token contracts
- Ethereum:
0x238a70…e466ba
Always confirm links on the project's own official channels before connecting a wallet or sending funds.
Midas mF-ONE market analysis
With a market capitalisation of $65.63 million, Midas mF-ONE (MF-ONE) is classed as a micro-cap asset and ranks #367 of 1,340 cryptocurrencies with a reported market cap on CryptoWave, larger than about 72.6% of them. It accounts for roughly under 0.01% of the combined tracked market value. Micro-cap assets are thinly traded in most cases: a modest order can move the price and spreads are often wide.
Over the last 24 hours roughly $0.00 of MF-ONE changed hands, equal to 0.00% of its market cap, which puts its trading volume ahead of about 2.8% of tracked assets. Trading activity is very low relative to market cap, which usually points to poor liquidity. Its turnover ratio is higher than that of about 0% of tracked assets.
Price action: MF-ONE moved +0.03% in 24 hours and +0.14% over 7 days. It outperformed Bitcoin by 2.24 percentage points over 24 hours and by 4.27 points over 7 days. Against the median tracked coin (ahead by 2.31 points on the day and ahead by 6.35 points on the week), it has been a relative strength in recent sessions.
To overtake Axis USD (USDX) just above it, Midas mF-ONE would need to grow its market cap by about 2.2%; it is 1.3% larger than yearn.finance (YFI) just below. Its market cap is under 0.01% of Bitcoin's.
Based on market data; not investment advice.
Midas mF-ONE FAQ
What is Midas mF-ONE?
mF-ONE is a tokenized certificate from Midas that tracks Fasanara Capital's F-ONE strategy, which mixes private credit with delta-neutral digital asset strategies. It is an ERC-20 token on Ethereum.
Who can buy or redeem mF-ONE?
Access is aimed at qualified investors and limited to whitelisted participants. Check eligibility and jurisdiction rules on the official Midas page before subscribing.
How does mF-ONE redemption work?
Midas describes a real-time layer backed by tokenized T-bills plus a quarterly liquidity framework that follows traditional fund redemption schedules. Terms can change, so read the current documentation.
How many mF-ONE tokens are there?
There is no fixed cap. Tokens are created when investors subscribe and removed when they redeem. Live circulating supply is shown in the market data on this page.
Price history
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