What is the current price of Tectum?
The current price of Tectum is $0.3558 with a 14.74% change in the last 24 hours.
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Derivatives and mapped ecosystem data, with source timings and coverage.
Tectum is a proprietary blockchain designed as a fast overlay network for Bitcoin, and TET is the utility token used to mint its flagship product, SoftNote. A SoftNote is a digital "banknote" that represents ownership of Bitcoin held in a Bitcoin address, so value can change hands by handing over the note instead of broadcasting an on-chain Bitcoin transaction. The project matters as an unusual approach to Bitcoin payments that competes conceptually with the Lightning Network, built on its own consensus model called Proof of Utility.
According to the Tectum and SoftNote whitepaper, Tectum is a three-tier blockchain written in Delphi, with a proprietary network protocol, a built-in NoSQL data layer and its own T12 hash function. It positions itself against Swift, Ripple and the Lightning Network as a way to move value instantly and cheaply.
The ecosystem has two assets. TEC is the native coin of the Tectum chain. TET (Tectum Emission Token) is the asset covered on this page, and its main job is minting SoftNote bills. TET also exists as an ERC-20 token on Ethereum at 0x68a47fe1cf42eba4a030a10cd4d6a1031ca3ca0a.
The whitepaper traces Tectum's roots to the 1980s, when one of its core developers worked on redundant, self-healing software for submarines. CrispMind co-founder Alex Guseff acquired the intellectual property of those early designs, and Dimity Stakheev, a core developer of the submarine systems, is named as remaining with the project.
SoftNotes, per the whitepaper, were invented in 2020. The whitepaper notes that its most advanced SoftNote mode was still under development as of April 2023. The team has not published a detailed public roster beyond these names.
The whitepaper describes a network cycle of 200 milliseconds. In each cycle a randomly selected Elect Node collects transactions from a Master Node Quorum of 12 nodes, builds a stack of blocks, and sends the quorum a compact formula (about 8 times smaller than a raw block) from which every node reconstructs the new block. Blocks are added only when each node's hash of the last block matches the Elect Node's.
Each cycle has three phases: READ (collect transactions), STOP (form blocks and a new network map) and WRITE (publish blocks and the map). Nodes pass data in a hybrid star/ring pattern over socket connections, which the whitepaper calls "commutation of channels." The project claims throughput above 1 million transactions per second; this is the team's own claim, not an independently verified benchmark.
SoftNotes are bearer instruments linked to a Bitcoin address. A note can be handed over by QR code, message, email or on paper; the recipient then gets a new PIN known only to them. Burning a note reveals the underlying Bitcoin private key to its current owner through a two-stage commutative-cipher scheme run by two smart contracts.
The whitepaper sets out fixed tokenomics:
SoftNote revenue comes from a 1% merchant fee, split in 20% shares among the minter, liquidity provider, "changer," introducer and the Tectum network.
Most Bitcoin scaling work either batches transactions (Lightning) or bridges BTC to another chain. SoftNotes instead transfer ownership of a funded Bitcoin address, so the payment can be offline and the recipient does not need an existing wallet. The Proof of Utility model, which weights nodes by uptime, latency and hardware capacity rather than hash power, is another distinct design choice.
Security rests on Proof of Utility consensus, verifiable randomness in Elect Node selection, and a node rating system that penalizes misbehaving nodes. SoftNote key security relies on the two-stage encryption scheme described above. The whitepaper states that no single node may control more than 33% of influence.
Tectum tests an idea few projects pursue: making Bitcoin behave like cash by trading ownership of funded addresses instead of moving coins on-chain. If SoftNotes gain merchant adoption, they would offer a different path to Bitcoin payments from Lightning.
TET circulates as an ERC-20 token, so it can trade on Ethereum decentralized exchanges and may also be available on centralized exchanges. Confirm the contract 0x68a47fe1cf42eba4a030a10cd4d6a1031ca3ca0a before trading.
ERC-20 TET can be held in any Ethereum wallet or hardware wallet that supports ERC-20 tokens. Native TET and SoftNotes are handled in the Tectum and SoftNote wallets. The token can be tracked on Etherscan.
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Read the complete paper trading guideThe current price of Tectum is $0.3558 with a 14.74% change in the last 24 hours.
The daily trading volume is $9,068.13 representing a 6.10% change in the past 24 hours.
The market capitalization of Tectum is $3,534,656, ranking #808 globally.
The fully diluted valuation (FDV) of Tectum is $3,558,000, calculated assuming the maximum supply of 10,000,000 TET is in circulation.
Circulating: 9,934,389. Total: 10,000,000. Max: 10,000,000.
In the last 24 hours, Tectum traded between a low of $0.2999 and a high of $0.359.