What is the FET Token?
FET is the native cryptocurrency of the Fetch.ai platform. Fetch.ai positions itself as a decentralized network combining artificial intelligence with blockchain, with its core concept being Autonomous Economic Agents (AEAs) used to perform automated tasks such as searching, matching, trading, and contract calls on behalf of users or devices. The project was founded in 2017 in Cambridge, UK, by Humayun Sheikh, Toby Simpson, and Thomas Hain, and the FET token was issued on February 25, 2019.
According to public information, FET primarily serves payment and incentive functions within the network: paying transaction fees, participating in staking to gain operational qualifications and assist network security, participating in governance, and accessing AI tools, datasets, and computing resources. Its application scenarios are described as covering DeFi, transportation, energy, travel, and other fields requiring algorithmic matching and automated transactions.
What did the ASI Merger Change?
Understanding FET requires placing it in the context of the ASI Alliance. Fetch.ai, SingularityNET (AGIX), and Ocean Protocol (OCEAN) are proceeding with a merger to form the Artificial Superintelligence Alliance (ASI), aiming to collaborate around decentralized AGI and an open-source AI ecosystem. Public information indicates that FET, AGIX, and OCEAN will convert to ASI at a 1:1 ratio, with the merger completed in July 2024.
Therefore, when looking for FET trading channels, one should not only look at the token code. Platforms may still display FET-related market data, or they may display ASI or post-merger trading pairs; the listing status, trading pair names, deposit/withdrawal support, and contract addresses may differ across platforms. Before trading, you should confirm whether the page indicates FET or ASI, as well as the corresponding network and contract information.
Market Data Metrics
Public market data in late October 2026 showed FET prices ranging from approximately $0.16 to $0.18, with a circulating supply of about 230 million to 242 million tokens, a total or maximum supply of about 271 million to 272 million tokens, and a market capitalization of approximately $370 million to $404 million. The above figures will vary with market conditions and supply metrics and are for reference only.
Trading Channels and Considerations
According to market data collected on November 1, 2026, FET (corresponding to the fetch-ai project listed on CoinGecko) can be traded on platforms such as Binance, Coinbase Exchange, KuCoin, Bybit, and WhiteBIT. The coverage, trading pairs, and regional compliance of these platforms vary, so please refer to the real-time pages of each platform.
Before trading, three points need to be confirmed: First, whether the platform currently still supports FET deposits, withdrawals, and trading, and whether it has switched to ASI trading pairs; second, whether your jurisdiction allows the platform to provide crypto asset trading services; third, AI concept tokens are highly volatile, and mergers, conversions, and liquidity changes can all affect prices, so project narratives should not be equated with stable returns.
The information on platforms for sale in this article changes with the listing and delisting dynamics of various exchanges. Please refer to the official announcements of the exchanges.
