Fracton Protocol has emerged as a key player in the NFT ecosystem by introducing a novel mechanism to fractionalize high-value NFTs (such as BAYC) into ERC-20 tokens. This approach addresses the longstanding liquidity problem in the NFT market, allowing large-cap NFTs to be traded in smaller, fungible units. The flagship product, HiBAYC, represents 1/1,000,000 of a BAYC token, with its circulating supply directly tied to the actual number of BAYC tokens deposited in the on-chain BAYC Meta-swap pool operated by Fracton Protocol. Users can redeem HiBAYC for a full BAYC at any time through the protocol.
FT Token Price and Supply Data
According to the latest data on CryptoComLearn, the native token of Fracton Protocol, FT (Fracton Token), reached an all-time high (ATH) of $7. The current price has declined from this peak (precise percentage not disclosed). As of May 25, 2026, the circulating supply of FT stands at 87,472,220 tokens, representing approximately 87.5% of the maximum supply of 100 million FT. The remaining tokens are scheduled to be released gradually based on the protocol's emission schedule, allocated for ecosystem incentives, liquidity mining, and team distribution.
Storage and Trading Options
FT tokens can be stored via custodial wallets on supported exchanges (e.g., Kucoin), self-custody wallets (web, mobile, desktop), hardware wallets, third-party crypto custody services, or paper wallets. The token is actively traded on multiple centralized exchanges, providing adequate liquidity for investors.
Mechanism and Market Outlook
The core innovation of Fracton Protocol lies in combining NFT fractionalization with a decentralized liquidity pool (Meta-swap). BAYC holders deposit their NFTs into the pool and receive an equivalent amount of HiBAYC tokens (1 BAYC = 1,000,000 HiBAYC). HiBAYC can then be freely traded on open markets, drastically lowering the investment threshold for blue-chip NFTs. This mechanism not only enhances NFT liquidity but also creates new possibilities for integrating DeFi with NFTs. As demand for NFT fractionalization grows, the value of the FT token is likely to correlate with the total value of NFTs locked in the protocol and the trading volume of HiBAYC. Future roadmap includes expansion to other premium NFT collections and cross-chain fractionalization solutions to broaden ecosystem compatibility.