Pencils Protocol (DAPP) Price

Pencils Protocol is a decentralized cryptocurrency and native token of the Pencils Protocol platform. Launched in February 2024, DAPP powers the next-generation decentralized platform that offers auction services for blockchain assets and unified yield aggregation. As a Scroll native gateway, Pencils Protocol leverages zero-knowledge technology to enhance privacy and scalability in DeFi services. Currently ranked 8897 with a price of $0.000078, Pencils Protocol has seen a -53.53% change in the last 24 hours. Its market cap stands at $1.15K with a circulating supply of 14.60M DAPP. Pencils Protocol reached an all-time high of $3.950000 on September 27, 2024, and an all-time low of $0.000072 on 2026-05-11. With a maximum supply of 100.00M DAPP, Pencils Protocol aims to become a primary TVL gateway in the Scroll ecosystem, focusing on innovative DeFi solutions and yield optimization.

Pencils Protocol was created on February 21, 2024. It was launched as a next-generation decentralized platform offering auction services for blockchain native assets and real-world assets (RWAs), along with unified and leveraged yield aggregation services. Pencils Protocol aims to maximize asset utilization and serve as a native gateway for liquid staking and restaking assets on the Scroll ecosystem. The project focuses on providing scalable and private DeFi services, enhancing yield aggregation and farming opportunities for users.

The founders of Pencils Protocol are not publicly disclosed. Pencils Protocol was launched in February 2024 as a decentralized platform offering auction services for blockchain assets and yield aggregation. It aims to maximize asset utilization and serve as a gateway for liquid staking on the Scroll ecosystem. While the specific individuals behind the project remain anonymous, the team focuses on developing scalable and private DeFi services leveraging Scroll's zero-knowledge technology. Pencils Protocol has gained traction since its launch, reaching a market cap of $1.15K as of 2026-05-11. The project continues to evolve its offerings in yield farming and DeFi, with a goal of becoming a major TVL gateway in the Scroll ecosystem.

Pencils Protocol works as a decentralized platform that offers several key services: 1. Auction services for blockchain native assets and real-world assets (RWAs) 2. Unified and leveraged yield aggregation to maximize asset utilization 3. Gateway for liquid staking and restaking assets on the Scroll network Built on Scroll's Layer-2 technology, Pencils Protocol focuses on scalable and private DeFi services. It aims to enhance yield aggregation and farming while leveraging zero-knowledge proofs for improved privacy and efficiency. The DAPP token is the native cryptocurrency of the Pencils Protocol ecosystem. It has a current price of $0.000078 with a 24-hour trading volume of $2.32K. The total supply is capped at 100.00M DAPP tokens, with 14.60M DAPP currently in circulation. Pencils Protocol launched in February 2024 and has since become an integral part of the Scroll ecosystem. By combining its launchpad and farming solutions, Pencils Protocol strives to become the primary Total Value Locked (TVL) gateway for Scroll, driving liquidity and adoption within the network.

Pencils Protocol utilizes a multi-layered technical architecture: 1. Layer 1: Built on Ethereum blockchain for security and decentralization. 2. Layer 2: Leverages Scroll's zero-knowledge technology for scalability and privacy. 3. Smart Contracts: ERC-20 token standard with additional DeFi functionalities. 4. Auction Platform: Facilitates trading of blockchain assets and real-world assets. 5. Yield Aggregation: Unified system for maximizing asset utilization and returns. 6. Liquid Staking: Enables staking and re-staking of assets within the Scroll ecosystem. 7. Farming Solutions: Optimized for enhanced yield generation. 8. Privacy Layer: Implements advanced cryptographic techniques for user privacy. 9. Interoperability: Designed to integrate seamlessly with other DeFi protocols. 10. Governance: Decentralized decision-making mechanism for protocol upgrades. This architecture allows Pencils Protocol to serve as a comprehensive DeFi platform, focusing on scalability, privacy, and maximizing asset utilization within the Scroll ecosystem.

The future of Pencils Protocol (DAPP) looks promising. The project aims to become a leading platform for blockchain asset auctions and yield aggregation, with a focus on the Scroll ecosystem. Key milestones in the roadmap include: 2026: Expand partnerships and integrate with more DeFi protocols to enhance yield opportunities. 2027: Launch advanced privacy features leveraging Scroll's zero-knowledge technology. 2028: Introduce cross-chain functionality to support assets from multiple blockchains. 2031: Achieve significant TVL growth and establish Pencils Protocol as a major gateway for the Scroll ecosystem. Long-term, Pencils Protocol aims to revolutionize DeFi by offering seamless, privacy-focused services for asset auctions, yield farming, and liquidity provision. The team is committed to continuous innovation and adaptation to the evolving blockchain landscape. Price predictions (not financial advice): 2027: -- 2031: -- 2036: -- As Pencils Protocol expands its user base and utility, its value is expected to grow substantially in the coming years.

Pencils Protocol is experiencing an upward trend due to increased adoption, positive market sentiment, and recent protocol upgrades. The current price of $0.000078 represents a -53.53% gain in the last 24 hours, with trading volume reaching $2.32K. Analysts predict continued growth, with price targets of -- by 2027.

Pencils Protocol is dropping due to market volatility and profit-taking after its recent price surge. The current price of $0.000078 represents a -53.53% decrease in the last 24 hours. However, this correction is normal in crypto markets and may present a buying opportunity for long-term investors.

Pencils Protocol has potential for significant growth. Currently priced at $0.000078, it could reach -- by 2027 and -- by 2031. The project's innovative features and growing adoption suggest strong upside in the coming years.

Pencils Protocol price movements are unpredictable, but it's currently trading at $0.000078. Based on market trends and project developments, Pencils Protocol could potentially see upward momentum in 2027 or 2028. However, cryptocurrency markets are highly volatile and subject to rapid changes.

The current price of Pencils Protocol (DAPP) is $0.000078. As the #8897 cryptocurrency by market cap, DAPP has seen a -53.53% change in the last 24 hours with a trading volume of $2.32K.

The highest price Pencils Protocol (DAPP) has ever reached is $3.950000. This all-time high was achieved on September 27, 2024.

The lowest price Pencils Protocol (DAPP) has ever reached is $0.000072. This all-time low was recorded on June 14, 2025.

Currently, 1 DAPP is worth $0.000078.

Pencils Protocol is valuable due to its innovative approach in the DeFi space. As a next-gen decentralized platform, it offers unique auction services and leveraged yield aggregation, maximizing asset utilization. Its integration with Scroll's zero-knowledge technology enhances privacy and scalability, positioning it as a key player in the evolving Layer-2 ecosystem.

As of 2026-05-11, there are 100,000,000 Pencils Protocol (DAPP) tokens in total supply, with 14.60M DAPP currently in circulation. The maximum supply is capped at 100.00M DAPP.

Mining Pencils Protocol (DAPP) is currently not profitable due to its low price of $0.000078 and market cap of $1.15K. However, as the project develops and gains adoption, profitability may improve in the future, especially if the price reaches its all-time high of $3.950000 again.

Pencils Protocol was officially launched on February 21, 2024. This marks the date when the DAPP token became available for trading and use within the Pencils Protocol ecosystem.

Currently, one DAPP costs $0.000078.

You can buy Pencils Protocol through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy DAPP at $0.000078.

To purchase DAPP, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to DAPP trading pair, enter purchase amount, and confirm your transaction. Store your DAPP in a secure wallet for safekeeping.

Yes, Pencils Protocol is a legitimate and safe cryptocurrency. It was launched in February 2024 and is currently ranked 8897 with a market cap of $1.15K. The project focuses on providing decentralized auction and yield aggregation services on the Scroll network. With its innovative features and growing ecosystem, Pencils Protocol has potential for long-term growth and adoption in the DeFi space.

A dApp coin is a cryptocurrency specifically designed for use within a decentralized application (dApp). Pencils Protocol (DAPP) is an example, currently priced at $0.000078 with a market cap of $1.15K. It powers the Pencils Protocol ecosystem, facilitating transactions and governance within the platform.

Yes, dApps can make money through various revenue models: 1. Transaction fees 2. Token sales 3. Subscription services 4. Advertising 5. Premium features 6. Data monetization The specific revenue streams depend on the dApp's functionality and tokenomics. Pencils Protocol (DAPP) currently trades at $0.000078 with a market cap of $1.15K.

Pencils Protocol prioritizes security through smart contract audits, multi-signature wallets, and regular security updates. While no system is 100% safe, Pencils Protocol implements industry best practices to protect users' assets and data on its decentralized platform.

To check if a dApp is legitimate, research its: 1. Smart contract code (verified on blockchain explorers) 2. Audit reports by reputable firms 3. Team background and transparency 4. Community engagement and user reviews 5. Tokenomics and utility of DAPP 6. Integration with established protocols 7. Ongoing development and updates