Not

NOTUSD is the market quote that denotes the price of one Not (NOT) token expressed in US dollars. It indicates how many USD are required to buy a single NOT on spot markets and is the common reference used to value the token in fiat terms across trading venues.

Not (NOT) is a blockchain-based cryptocurrency token introduced in the early 2020s by an open-source development team and an active community of contributors. Designed to function as both a utility and governance asset within its native ecosystem, NOT emphasizes decentralization and on-chain transparency. Tokenomics vary by project, but NOT implementations commonly include mechanisms for fee payment, voting rights, or protocol incentives.

The NOTUSD rate is established by supply and demand dynamics across exchanges and liquidity pools. Order book activity, market sentiment, macroeconomic drivers such as USD strength and interest-rate expectations, regulatory developments, and on-chain metrics like transaction volume and active addresses all influence price formation. News flow and large holder movements can also produce short-term dislocations.

NOTUSD matters to traders and investors as a benchmark for valuation and risk exposure. It is used for spot trading, hedging with derivatives, arbitrage between venues, and portfolio allocation decisions. Because smaller-cap crypto pairs can exhibit elevated volatility and varying liquidity, participants should consider execution costs and risk management when trading NOTUSD.