Broker Dealer Service Rulebook

Broker Dealer Service Rulebook

Please find below a table showing all the key information about each Virtual Asset we offer on Fasset Exchange.

Coin NameSymbolDate of IssuanceMarket Cap *Diluted Value USD *Circulating Supply *Circulating Supply %Total Supply *BitcoinBTCJan 2009$785,208,837,757$37,329.2019,547,71293%21,000,000EthereumETHJul 2015$245,131,243,215$2,038.51120,252,814100%120,252,814TetherUSDTOct 2014$90,678,286,261$1.0087,716,158,98296.7%90,623,279,059USD CoinUSDCSep 2018$24,454,500,440$1.0024,449,096,164100%24,449,096,164PAX GoldPAXGSep 2019$457,653,122$1,957.08233,785100%233,785* Accurate as of 20th November 2023 - Data from https://coinmarketcap.com/coins/Coin NameSymbolDate of AuditAudit authorityAudit reportTetherUSDTNov 4, 2019CertiKhttps://skynet.certik.com/projects/tetherUSD CoinUSDCMay 10, 2023Callisto Networkhttps://callisto.network/usdc-token-security-audit-report/PAX GoldPAXGSep 24, 2019
Jan 10, 2023CertiK
ChainSecurityhttps://www.certik.com/resources/blog/paxos-paxg-formally-verified-by-certik

https://chainsecurity.com/wp-content/uploads/2023/01/ChainSecurity_MakerDAO_GemJoin9_for_PAXG_Smart-Contract-audit.pdf

As Bitcoin (BTC) and Ethereum (ETH) are foundational blockchain protocols, they do not utilize “smart contracts” in the same way that applications built on top of these platforms do. As such, we have not included BTC, ETH and SOL in the table above.

Below is a table showing the largest single day (24 hour) reduction in the trading price of all the Virtual Assets Fasset Exchange would list. Please note, the reduction was measured by the absolute amount in USD and references are provided where available.

Coin NameSymbolLargest 24h reduction in USDLargest 24h reduction as %Date of largest 24h reductionReferenceBitcoinBTC~ $900022.5%Jan 11, 2021https://decrypt.co/53742/bitcoins-price-suffers-biggest-daily-drop-everEthereumETH~ $67016%Dec 4, 2021https://www.cnbc.com/2021/12/04/cryptocurrencies-bitcoin-and-ether-prices-drop-sharply.htmlTetherUSDT~ $0.1013%Oct 15, 2018https://mashable.com/article/stablecoin-cryptocurrency-tether-price-dropUSD CoinUSDC~ $0.1313%Mar 11, 2023https://www.coindesk.com/markets/2023/03/11/traders-bet-on-usd-coin-rebound-as-usdc-falls-to-90-cents/PAX GoldPAXG~ $463%Sep 5, 2019https://www.mining.com/chart-gold-price-suffers-biggest-fall-in-6-years/