When you hear the name Single Finance (SINGLE) is a decentralized finance (DeFi) token built on the Cronos blockchain. It aims to combine yield farming rewards with on‑chain governance, letting holders stake their tokens to earn returns while voting on protocol upgrades.

TL;DR

• Single Finance (SINGLE) launched in 2022 on the Cronos network.
• It serves as both a yield‑farming and governance token.
• Total supply is ~998.8million tokens; circulating supply is effectively zero due to lock‑ups.
• Current price hovers around $0.00018USD with low daily volume (~$18k).
• Trade mainly on Gate.io (centralized) and VVS Finance (decentralized).

What Is Single Finance?

Single Finance is a DeFi protocol that focuses on two core functions: rewarding users who provide liquidity (yield farming) and enabling token‑holders to influence protocol parameters (governance). Launched in 2022, it chose the Cronos blockchain because the network offers EVM compatibility, lower gas fees than Ethereum, and a direct link to the Crypto.com ecosystem.

Technical Specs at a Glance

How Yield Farming Works with SINGLE

Yield farming on Single Finance is centered around providing liquidity to VVS Finance, the most popular decentralized exchange on Cronos. Users lock SINGLE (or SINGLE paired with stablecoins like USDC) into liquidity pools and earn a share of transaction fees plus protocol‑minted rewards. The reward rate is dynamic; it adjusts based on total pool depth and the amount of SINGLE tokens the protocol mints each week.

Because the circulating supply is effectively zero, most of the rewards come from newly minted tokens rather than fee share. This creates a classic inflationary model common in many DeFi farms: early participants earn higher absolute returns, while later entrants see diminishing yields as supply expands.

Governance Mechanics

Every SINGLE token grants one vote in the protocol’s governance forum. Proposals can cover anything from adjusting reward ratios to integrating new assets into VVS Finance. Voting typically occurs through a snapshot mechanism: holders lock their tokens in a governance contract for the duration of a vote, preventing sell‑off manipulation.

To date, the on‑chain proposal history is sparse, reflecting the project's modest community size. However, the framework mirrors that of larger DeFi projects, meaning that as user adoption grows, the governance system has the capacity to evolve.

Where to Buy and Trade SINGLE

The token is listed on a handful of platforms, with two primary gateways:

• Gate.io - a centralized exchange (CEX) that offers the SINGLE/USDT pair. This pair accounts for the bulk of daily volume.
• VVS Finance - a decentralized exchange (DEX) native to Cronos. Here you’ll find SINGLE/USDC, SINGLE/VVS, and SINGLE/CRO pools.

Liquidity on VVS Finance is thin: the SINGLE/USDC pool holds roughly $510 in ±2% liquidity, representing 73% of the token’s total DEX depth, while the SINGLE/VVS pool has about $179 (≈26%). Such low depth means slippage can be high for larger trades, so most users stick to small position sizes.

Pros, Cons, and Risks

Pros

• Low entry barrier - token price is under a tenth of a cent.
• Access to Cronos’s cheap transaction fees.
• Combined yield‑farming and governance gives dual utility.

Cons

• Extremely low liquidity; price impact is significant.
• Circulating supply is locked, which may limit price discovery.
• Recent 90‑day price drop of over 56% signals weak market confidence.

Risks

• Inflationary reward model can dilute token value.
• Small community means governance could be dominated by a few large holders.
• Reliance on VVS Finance means any security breach there directly impacts SINGLE holders.

Future Outlook

As of October2025, Single Finance shows no signs of abandonment - it remains listed on major data aggregators like CoinMarketCap and CoinGecko. Yet the lack of a clear roadmap, sparse community chatter, and steep price declines paint a cautious picture.

Potential catalysts could include:

1. Integration with Crypto.com services via the Cronos bridge, bringing more users into the ecosystem.
2. Launch of higher‑yield farms or cross‑chain liquidity incentives.
3. Transparency upgrades - publishing detailed token‑omics, lock‑up schedules, and upcoming governance proposals.

If the team can deliver any of these, SINGLE might climb out of its current low‑liquidity niche. Until then, the token is best suited for risk‑tolerant speculators who enjoy experimenting with small‑cap DeFi projects.

Quick Checklist for New Users

• Confirm you’re on the Cronos network (CRO mainnet).
• Set up a compatible wallet (e.g., MetaMask with Cronos RPC or the Crypto.com DeFi wallet).
• Deposit CRO or USDC to cover gas fees.
• Visit VVS Finance, add SINGLE to the token list, and supply the desired pool.
• Stake your SINGLE in the governance contract if you want voting rights.

Frequently Asked Questions

What blockchain does SINGLE run on?

SINGLE operates on the Cronos blockchain, which supports EVM‑compatible smart contracts and benefits from low transaction fees.

How can I earn yield with SINGLE?

Provide liquidity on VVS Finance by depositing SINGLE paired with a stablecoin (USDC) or CRO. The protocol distributes newly minted SINGLE tokens and a share of trading fees as rewards.

Where is SINGLE listed?

The main trading venues are the SINGLE/USDT pair on Gate.io (centralized) and several pools on VVS Finance (decentralized).

Is SINGLE a good long‑term investment?

SINGLE is high‑risk. Its low liquidity, locked circulating supply, and recent price drops make it suitable mainly for speculative traders or those seeking exposure to niche Cronos DeFi projects.

How does governance work?

Each SINGLE token equals one vote. Proposals are submitted on the protocol’s governance portal; token holders lock their tokens for the voting period, then cast their votes. Successful proposals adjust parameters like reward rates or add new assets.