AMP
$0.000947063621877691
Amp (AMP) Price
$0.000947063621877691
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Amp (AMP) Price Today
The live price of AMP is 0.000947063621877691 USD. In the past 24 hours, the trading volume of AMP was 9,184,210.97 USD, down by -1.62%. The current price has decreased by -22.42% from its 7-day high of 0.00122069 USD, and increased by -5.35% from its 7-day low of 0.00100062 USD. With a circulating supply of 99,720,008,803.09 Amp, the market cap of AMP is currently 299,473,623.00 USD, down by 0% in the last 24 hours. AMP currently ranks #303 by market capitalization among cryptocurrencies.
Amp (AMP) Market Data
Market Cap
$81.4M
24h Volume
$9.1M
Circulating Supply
84.2B AMP
Maximum Supply
100B AMP
Fully Diluted Market Cap
$96.3M
Liquidity Indicator
11.28%
About Amp (AMP)
How can I buy Amp (AMP)?
Buying Amp (AMP) on BingX is simple and secure. Create an account, deposit USDT or another supported asset, and purchase Amp (AMP) directly in the Spot Market. The tokens will then appear in your BingX Spot Wallet, ready for trading or transfer at anytime. Discover How to Buy AMP Guide for more information.
What Is Amp (AMP) and How Does It Work?
Amp (AMP) is a digital collateral token built on the Ethereum blockchain. It is designed to secure and guarantee instant, verifiable transactions, especially for crypto payments. Amp acts as a decentralized form of collateral that reduces settlement risk, allowing merchants to accept crypto without waiting for blockchain confirmations.
Amp works by locking (staking) AMP tokens as collateral in smart contracts. When a payment is initiated through the Flexa Network, the AMP collateral temporarily backs the transaction. If the transaction fails or is delayed, the collateral can be liquidated to cover the value, ensuring the merchant still gets paid instantly and securely.
This system enables fast, fraud-resistant payments across digital and real-world environments. By separating transaction validation from collateralization, Amp creates a flexible infrastructure that can support multiple blockchains, payment apps, and financial use cases, making it a key component in bridging crypto with everyday commerce.
When Did AMP Collateral Token Launch?
Amp (AMP) launched in September 2020 as an upgraded collateral token developed by the team behind the Flexa payments network, replacing the earlier Flexacoin (FXC) token with improved smart contract functionality and scalability. The project was created by Flexa’s founding team, including Tyler Spalding, Trevor Filter, Zachary Kilgore, and Daniel McCabe, who aimed to build a decentralized collateral system to enable instant and fraud-proof crypto payments for merchants.
AMP's Key Milestones and Roadmap
- 2018: Flexa network founded; Flexacoin (FXC) introduced as an early collateral token
- 2019: Flexa raises funding and expands merchant payment infrastructure
- September 2020: AMP token officially launched, replacing Flexacoin with enhanced collateral mechanics
- 2021–2022: Rapid adoption via exchange listings and growing merchant integrations
- 2023–2026: Expansion into broader DeFi, multi-chain collateral use cases, and continued development of Flexa-powered payment rails
What Is the AMP Token Utility?
The AMP token serves as a collateral asset that secures transactions on the Flexa Network and other integrated payment systems. By staking AMP into collateral pools (such as Flexa Capacity), users help guarantee instant payments, even before blockchain confirmations, reducing fraud risk and ensuring merchants receive funds reliably.
AMP is also used for staking and network participation. Token holders can stake AMP to earn rewards while supporting transaction validation and liquidity across payment channels. Its modular smart contract design allows AMP to be used across multiple applications, including DeFi integrations, lending protocols, and cross-chain collateralization use cases.
In addition, AMP enables decentralized risk management. If a transaction fails or is reversed, the staked AMP can be liquidated to cover losses, maintaining trust between users, merchants, and payment processors without relying on centralized intermediaries.
You can trade AMP on BingX Futures by selecting the AMP/USDT perpetual contract, choosing your preferred leverage, and opening a long or short position based on your market outlook. Use BingX’s advanced tools such as Stop-Loss, Take-Profit, and real-time charts to manage risk and optimize your trading strategy.
What Is AMP Tokenomics?
Amp (AMP) has a fixed maximum supply of 100 billion tokens, making it a non-inflationary digital asset designed for long-term stability within collateral-based payment systems.
AMP Token Allocation
- Network Development Fund: 42.5% - Supports ecosystem growth, partnerships, and integrations
- Collateral Manager (Flexa Capacity): 25% - Allocated for staking rewards and transaction collateralization
- Token Sales (Public + Private): 20% - Distributed to early investors and contributors
- Team & Founders: 20% - Subject to vesting schedules to align long-term incentives
- Community Incentives & Grants: Remaining portion - Used for user adoption, rewards, and developer programs
How to Stake AMP Tokens and Earn Rewards on Flexa Network
Staking Amp (AMP) allows you to earn passive rewards while helping secure instant crypto payments on the Flexa Network. By staking AMP into Flexa Capacity, you provide collateral that guarantees transactions, and in return, you earn rewards from network fees.
Staking AMP gives you exposure to a real-world payment infrastructure use case. As adoption of crypto payments grows, more AMP may be required as collateral, potentially increasing staking demand and reward opportunities over time.
Step-by-Step Guide to Stake AMP
1. Get AMP Tokens: Buy AMP on an exchange and transfer it to a compatible wallet such as MetaMask or Base App.
2. Connect to Flexa Capacity: Visit the Flexa Capacity dashboard (official staking interface) and connect your wallet. This platform lets you allocate AMP to different collateral pools.
3. Choose a Staking Pool: Select a pool based on supported apps, merchants, or networks. Each pool may offer different reward rates depending on usage and demand.
4. Stake Your AMP: Enter the amount of AMP you want to stake and confirm the transaction in your wallet. Your tokens will be locked as collateral in the selected pool.
5. Earn Rewards: Once staked, you begin earning rewards from transaction fees processed through the network. Rewards accumulate over time and can be claimed or restaked.
Key Things to Know Before Staking
- Flexible Unstaking: You can unstake AMP, but there may be network delays depending on pool conditions
- Gas Fees Apply: Since AMP runs on Ethereum, staking requires ETH for gas fees
- Rewards Vary: Earnings depend on network activity and pool utilization
- Security Matters: Always use official links and secure wallets
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Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
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