Rank #1128
indy Indigo Protocol
$ 1.51
0.00001291 BTC
1,291 satoshies
Market Cap
27,89 MLN. $
24 Hour Trading Vol
135,674.5921 $
Circulating Supply
18,47 MLN.
Total Supply
35,00 MLN.
Max Supply
35,00 MLN.
Fully Diluted Valuation
53,81 MLN. $
Low
Range
High
Info
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24h
7d
1m
1y
max
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Indigo Protocol Price Statistics
1.51 $
1.38 $ / 1.64 $
135,674.5921 $
#1128
27,89 MLN. $
4.5 $
-66.44%
14 July, 2023, (2 years ago)
0.3705 $
307.45%
18 September, 2024, (a year ago)
Indigo Protocol Top Markets
#
Exchange
Pair
Price
24h Volume
Volume
Trust Score
Indigo Protocol Performance
Trading Pair
day
week
month
indy
/
usd
-3.82%
38.05%
34.84%
indy
/
btc
-3.82%
38.05%
34.84%
indy
/
eth
-3.82%
38.05%
34.84%
About Coin
What is Indigo Protocol?
Indigo is an autonomous synthetics protocol for on-chain price exposure to real-world assets, built on Cardano, and has brought the first Native Stablecoin to the Cardano ecosystem, iUSD.
How does Indigo work?
Indigo allows anyone to create synthetic assets, known as iAssets. iAssets can be created using currencies such as stablecoins and ADA. They have the same price effect as holding the asset being replicated. This allows you to gain profit from the increase in price of an asset without owning the original asset itself.
What are Synthetic Assets?
Synthetic Assets give users exposure to a variety of assets without the need to actually own the underlying asset. These assets can be anything that has value in the real world. With its transparency, efficiency, low barriers to entry, and decentralized traits, the Blockchain can smoothly deliver all these assets to anyone with access to the Internet.
The INDY governance token comes from its use in the Indigo DAO voting process. The total supply of INDY will be 35M tokens with a 6-decimal precision. The max supply of INDY will be distributed to protocol users, stakers, and LPs over the course of four years. We believe in a fair distribution of the INDY tokens to the early adopters of the protocol, therefore there will be NO community pre-sale via ICO/ISO/ISPO.
What is the Indigo DAO?
Indigo is a decentralized community-led project. The Indigo DAO owns the Indigo Protocol, including the application, website, and all intellectual property. A DAO (decentralized autonomous organization) is like a company, but instead of being incorporated in a country is established in a blockchain.
You, the Indigo community, control the decisions for the Indigo DAO. You can cast your votes using the INDY token. A forum has been established to help facilitate community votes. All Indigo community members are encouraged to join the forum to propose, discuss and vote on ideas to guide Indigo’s future direction.
Where is Indigo Protocol available for purchase?
You can exchange INDY tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Indigo Protocol is Minswap, notably the INDY/ADA pair, which saw a trading volume of $ 255,149 in the past day. Additionally, Sundaeswap and MEXC are popular alternatives for trading tokens.
What is the highest value Indigo Protocol (INDY) has ever reached?
Indigo Protocol (INDY) reached its peak price at 4.5 $ on 14 July 2023, approximately 2 years ago ago. Presently, the current price is -66.44% lower than this all-time high.
What is the historical minimum price for Indigo Protocol (INDY)?
The minimum price reached for Indigo Protocol (INDY) was 0.3705 $, documented on 18 September 2024, more than a year ago. In comparison, the current price is 307.45%, it above this historical low.
What is the fully diluted valuation of Indigo Protocol (INDY)?
The fully diluted valuation (FDV) of Indigo Protocol (INDY) stands at $ 53,81 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 35,000,000 INDY tokens. The realization of this FDV might take several years depending on the emission schedule of INDY tokens.
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