Ref Finance REF

What REF actually is on-chain

For REF the project publishes a public source repository and an active account as @finance_ref. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where REF sits in the market

At #1829, Ref Finance is in the lower small-cap band. Books at this depth are thin enough that one sizeable market order can move the printed price by several percent and retrace within minutes, which is precisely why a single static price target makes a poor trigger — you want a condition that survives one wick. Availability is concentrated in a handful of venues and volume-based delisting is a live risk rather than a theoretical one.

We are not currently receiving a live REF order book from any of the exchanges connected to this site, so no real-time quote is shown above. That is itself information: it usually means the pair is unlisted on the venues we track, or trading has been halted. REF is a NEAR asset, so whatever turnover exists is most likely in Ref Finance pools rather than on a centralised book, and every fill there costs NEAR in gas on top of the pool's own fee.

REF against its all-time high

Ref Finance's record high is $10.64, set on 2021-10-25. A high in this range means REF carries a meaningful unit price, so round-number levels near the peak tend to be watched as references in their own right. It was set 5 years ago. A peak that old describes a supply structure and a holder base that have almost certainly turned over since. We are not quoting a drawdown from it because no tracked venue is giving us a live REF price — a stale or single-pool number would make that percentage look precise when it is not.

REF across its historical range

REF has traded across a 356x range, between $0.0299 and $10.64. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.

The record low of $0.0299 was printed on 2026-02-06 — about a year ago. We have no live quote to measure the current distance from it.

REF supply and valuation data

Supply figures for REF are self-reported at this rank rather than reconciled against the chain, so we publish the valuation we have and not a circulating-supply number we cannot check. What we do have is a fully diluted valuation of $4.6 million as of 2026-05-12. That is in the upper quartile of tracked assets by fully diluted value.

Because that valuation is a snapshot rather than a live figure, we deliberately do not back out a supply number from it — the price has moved since, and the division would produce a confident-looking token count that is simply wrong. Check the project's own explorer for the current supply before using any per-token valuation. The authoritative figure is the one nearblocks.io reports for this contract.

What kind of asset REF is

Ref Finance is a DeFi protocol token, which ties it to total value locked and to the interest-rate environment on-chain. These assets carry a beta to the market plus a second exposure that is easy to miss: protocol risk. A contract exploit or an oracle failure repriced instantly and independently of any market move, and that tail is a real component of holding the token.

CoinGecko files REF under 5 categories, including Decentralized Finance (DeFi), Near Protocol Ecosystem, Alameda Research Portfolio, DragonFly Capital Portfolio, OKX Ventures Portfolio. CoinGecko also records deployments on NEAR (42 tracked tokens), so its on-chain liquidity and its user base move with that network. Worth flagging from the metadata: REF was held in the Alameda Research portfolio.

How to set a Ref Finance alert that is worth receiving

Ref Finance (REF) — high dated 2021-10-25 — rank #1829. On this profile the condition that carries signal is a two-sided price threshold beyond the recent band plus a 4-hour or daily RSI condition.

Full alert-design method: thresholds, RSI/MACD and volume conditions →