Tracer (TRCR)
CryptoScore Pro global score : 26/100 (computed on 2026-10-30)
Tracer is a decentralized finance protocol built on the Arbitrum One blockchain, designed to provide on-chain perpetual contract markets with a focus on capital efficiency and governance-driven risk management. Operating within the Arbitrum ecosystem, Tracer targets sophisticated traders, institutional participants, and DeFi power users who require transparent, non-custodial leverage trading without the latency or centralization risks of traditional exchanges. Its positioning matters because it bridges the gap between decentralized governance and high-performance derivatives trading, a segment historically dominated by centralized platforms. By anchoring its operations on Arbitrum, Tracer benefits from Ethereum’s security while leveraging the layer-2 network’s low transaction costs and high throughput, making it viable for retail and institutional adoption alike. The protocol’s architecture centers on a system of perpetual pools, where users can open long or short positions with up to 10x leverage, collateralized by a variety of assets. Each pool is governed by a set of smart contracts that automate margin calculations, liquidations, and funding rate adjustments, ensuring market…
Scores by pillar
| Technology | 37/100 |
|---|---|
| Tokenomics | 25/100 |
| Team | 38/100 |
| Adoption | 13/100 |
| Liquidity | 31/100 |
| Compliance | 56/100 |
Market data
| Price | $0.0006394 |
|---|---|
| Market cap | $669,123.14 |
| 24h volume | $4,254.96 |
| Market cap rank | #3226 |
| 24h change | 0% |
| 7d change | -73.38% |
| Blockchain | arbitrum-one |
| Sector | DeFi |
Analysis
Tracer is a decentralized finance protocol, meaning a financial system without intermediaries. It uses smart contracts on Ethereum to automate the trading of complex derivative products. The token is used for governance, for staking, meaning locking funds to secure the network, and for paying fees.