Fetch.ai (FET) Tokenomics: Supply, Use Cases, and ASI Merge

Fetch.ai is building a decentralized network where AI-powered agents can interact, learn, and make decisions on behalf of users, all powered by blockchain. At the center of this system is the FET token.

If you’ve ever wondered what gives the token value, how it works behind the scenes, or how it fits into the bigger picture with the ASI Alliance, this guide breaks it all down.

As AI becomes a bigger part of how we work, trade, and live, understanding the economics behind projects like Fetch.ai becomes more important.

Tokenomics isn’t just about price, it’s about how the token powers the ecosystem and keeps things running smoothly over time.

Whether you’re holding FET, curious about ASI, or just exploring the world of AI and crypto, this article covers everything you need to know.

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Key Takeaways

1. FET powers agent activities: Used for paying fees, staking, governance, and rewarding participation.

2. Tokenomics support long-term sustainability: A mix of capped supply, smart allocation, and phased unlocks.

3. Now part of ASI Alliance: FET will be rebranded into the ASI token, merging with AGIX and OCEAN for a unified AI economy.

What Is FET and How Does it Work?

The Fetch.ai network is designed for intelligent agents that perform tasks autonomously using machine learning. These agents live on-chain and operate across industries like finance, travel, transport, and energy.

At the core of this smart agent ecosystem is the FET token. It enables:

1. Creating and deploying agents

2. Accessing AI services

3. Paying for smart contract operations

4. Participating in governance

5. Staking to secure the network

These services are powered by autonomous economic agents (AEAs), which use the Fetch.ai ledger and the Open Economic Framework.

AEAs communicate with each other and external services, forming a digital ecosystem that grows more intelligent over time.

The token’s utility creates natural demand as more developers, businesses, and users deploy agents to solve real-world problems. Everything from smart parking apps to energy trading systems relies on this mechanism.

Read Also: What is Fetch ai? Things You Need to Know

Token Distribution and Supply Metrics

The FET token follows a capped supply model. Here’s how it breaks down:

Total Supply: 2.72 billion tokens

Circulating Supply: Around 2.39 billion

Max Supply: Capped at 2.72 billion

Current Market Cap: Approximately $1.91 billion

All-Time High: $3.47

All-Time Low: $0.0082

Token Allocation

Here’s how the tokens were originally distributed:

Foundation: 20%

Founders: 20%

Token Sale (Seed, Private, Public): 17.6%

Future Releases: 17.4%

Mining Reserve: 15%

Advisors: 10%

Vesting and Unlock Schedule

Token unlocks are staggered to avoid supply shocks. Most tokens will be fully unlocked by the end of 2025. Founders and advisors are subject to vesting periods to align long-term incentives. This careful design prevents sudden dumps and supports healthier long-term token economics.

Read Also: Fetch AI (FET) Price Prediction 2025-2028: FET Price Analysis

Real-World Use Cases of the FET Token

Fetch.ai isn’t just about theory, it’s being used in live applications. Let’s explore some of the main sectors it targets.

DeFi

Fetch.ai agents help users discover better trading strategies, optimize liquidity provisioning, and manage risks across decentralized exchanges. For example:

• Botswap.fi: A cross-chain DEX aggregator that uses Fetch agents to automate yield farming and asset management.

• Mettalex: A decentralized derivatives exchange using FET as collateral for commodity and crypto trades.

Transportation

Fetch.ai agents can manage tasks like route optimization, ride matching, or even parking space discovery. The smart parking pilot in Munich, developed with Datarella, rewarded drivers with FET for data sharing.

Energy

FET tokens also support peer-to-peer energy markets. With Bosch, Fetch.ai worked on a smart grid where agents traded energy based on real-time needs and prices. Users earn FET for contributing clean energy or balancing the grid.

These examples show how utility drives token value, as users need FET to interact with the platform’s features and benefit from intelligent automation.

Read Also: Fetch.ai Unveils ASI-1 Mini: The First Web3 LLM for Agentic AI Workflows

The ASI Merger: What It Means for FET

In 2024, Fetch.ai teamed up with SingularityNET (AGIX) and Ocean Protocol (OCEAN) to create the Artificial Superintelligence Alliance (ASI). This joint venture aims to accelerate the development of decentralized artificial general intelligence.

What is ASI?

ASI is the new unified token that will replace FET, AGIX, and OCEAN. Each legacy token will be swapped for ASI at fixed ratios:

1 FET = 1 ASI

1 AGIX = 0.43335 ASI

1 OCEAN = 0.433226 ASI

No expiration has been set for the swap, giving holders flexibility.

Role of ASI

ASI inherits the utility of all three projects:

• Marketplace payments for AI services

• Governance voting through a community-elected council

• Staking for rewards and participation rights

• Ecosystem grants for developers and researchers

Governance and Treasury

The alliance is governed by a multi-project council featuring:

• Humayun Sheikh (Fetch.ai)

• Dr. Ben Goertzel (SingularityNET)

• Trent McConaghy and Bruce Pon (Ocean Protocol)

Token holders will eventually gain voting power over major ecosystem decisions, from grants to ethical guidelines. This structure aims to keep the alliance open, transparent, and community-driven.

Read Also: Is FET Preparing for A 100% Price Surge? Analyzing the Current Data

Important Metrics for Traders and Investors

Understanding tokenomics helps traders evaluate long-term project sustainability. Here are a few key metrics and what they tell us:

Circulating Supply: A high circulating supply means more liquidity and easier trading.

Max Supply: A low max supply (like FET’s 2.72B cap) limits inflation and supports price appreciation.

Fully Diluted Valuation (FDV): Currently around $2.17B. Helps assess whether the current market cap is undervalued or overhyped.

Inflation Rate: With most tokens already unlocked or vesting slowly, FET has low inflation pressure.

Vesting Schedule Transparency: Helps build trust among token holders and prevent centralization risks.

These factors combined give FET, and by extension, ASI, a more balanced and investor-friendly structure.

Read Also: AI Coin Battle: FET vs TAO, Which Will Dominate in 2025?

Conclusion

The FET token is more than a digital currency. It’s the fuel behind Fetch.ai’s mission to create useful, intelligent software agents that operate on blockchain.

With thoughtfully designed tokenomics and real-world use cases across finance, mobility, and energy, FET has already proven its value.

The upcoming ASI merger expands that vision by uniting three top-tier AI projects into one powerful alliance.

Looking to buy or trade FET or ASI? Try Bitrue, a secure and beginner-friendly crypto exchange. Bitrue makes it easy to access AI-driven tokens like FET and explore the next generation of decentralized services.

FAQ

What is the main use of the FET token?

FET is used for paying transaction fees, creating autonomous agents, staking, governance voting, and earning incentives across the Fetch.ai network.

How do I swap FET for ASI?

You can swap FET to ASI on major exchanges like Bitrue. The swap ratio is 1:1, and there is currently no deadline for the conversion.

Is the ASI token inflationary?

Not at the moment. Most ASI tokens are being distributed through fixed-ratio swaps from existing tokens. A 180-day vesting period also limits short-term selling pressure.

What’s the total supply of FET or ASI?

The total supply is approximately 2.72 billion, based on the combination of legacy tokens during the ASI merger.

Can I earn rewards by holding FET?

Yes. You can stake FET tokens to earn network rewards and access advanced features like collective learning on the platform. This will continue under the ASI model.

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.