Inactive
cover Cover Protocol
$ 0.5573
22.74% (24h)
0.05804 BTC
21.71% (24h)
803 satoshies
Market Cap
44,127.923 $
24 Hour Trading Vol
13.3132 $
Circulating Supply
79,179.5
Total Supply
82,000
Max Supply
82,000
Fully Diluted Valuation
45,700 $
Coin Information
This coin is no longer being updated and is inactive. Its information may be updated in the future, but it is not currently active.
Last updated 07 May, 2024
Info
Contract
0x4688a8b1f292fdab17e9a90c8bc379dc1dbd
8713
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Cover Protocol Price Statistics
0.5573 $
0.6433 $ / 0.7912 $
13.3132 $
#21186
44,127.923 $
1,687.11 $
-99.96%
0.08968 $
521.41%
About Coin
Cover Protocol is a peer-to-peer insurance market, where the way it operates is more similar to prediction market. Unlike other insurance protocols, the governance token is not used for underwriting risk.
To bootstrap coverage for a new protocol, market makers will need to be incentivized to stake collateral of DAI/yDAI to mint CLAIM and NOCLAIM tokens. All series covers a specified protocol and have a specified expiry date. During the expiry date, either CLAIM or NOCLAIM will have the full claim to the collaterals.
For example, if 100 DAI is used to provide coverage for Compound protocol until an expiry date, it will yield 100 CLAIM and 100 NOCLAIM tokens. On the expiry date, if there is a valid claim event, every CLAIM token will receive 1 DAI while NOCLAIM token will expire worthless. The converse is true if there is no valid claim event. In this case, every NOCLAIM token will receive 1 DAI while CLAIM token will expire worthless.
What is the highest value Cover Protocol (COVER) has ever reached?
Cover Protocol (COVER) reached its peak price at 1,687.11 $ on 04 December 2025, approximately a few seconds ago ago. Presently, the current price is -99.96% lower than this all-time high.
What is the historical minimum price for Cover Protocol (COVER)?
The minimum price reached for Cover Protocol (COVER) was 0.08968 $, documented on 04 December 2025, more than a few seconds ago. In comparison, the current price is 521.41%, it above this historical low.
What is the fully diluted valuation of Cover Protocol (COVER)?
The fully diluted valuation (FDV) of Cover Protocol (COVER) stands at $ 45,700. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 82,000 COVER tokens. The realization of this FDV might take several years depending on the emission schedule of COVER tokens.
How to add Cover Protocol (COVER) to MetaMask?
By integrating Cover Protocol (COVER) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import COVER as a token. You can either manually import COVER by copying its contract address (0x4688a8b1f292fdab17e9a90c8bc379dc1dbd8713) or use MetaMask's Chrome extension to add COVER with a single click through P.CASH.
How to add Cover Protocol (COVER) to TrustWallet?
Incorporating Cover Protocol (COVER) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include COVER, you can either manually import it using the contract address (0x4688a8b1f292fdab17e9a90c8bc379dc1dbd8713) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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