We propose a novel UTXO-based token protocol on Bitcoin, called Covenant Attested Token (CAT) Protocol. It is miner validated and uses smart contracts, specifically covenants, to manage token mints and transfers. Compared with all existing token protocols on Bitcoin, it is solely enforced by Bitcoin Script at Layer 1 and has the following features. CAT protocol supports both fungible tokens (called CAT20 standard) and non-fungible tokens (called CAT721 standard). The techniques developed here are general purpose and can be applied in use cases beyond tokens.
Where is OPCAT available for purchase?
You can exchange OPCAT tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading OPCAT is CoinEx, notably the OPCAT/USDT pair, which saw a trading volume of $ 5,847.22 in the past day.
What is the highest value OPCAT (OPCAT) has ever reached?
OPCAT (OPCAT) reached its peak price at 1.5 $ on 08 December 2024, approximately 8 months ago ago. Presently, the current price is -91.1% lower than this all-time high.
What is the historical minimum price for OPCAT (OPCAT)?
The minimum price reached for OPCAT (OPCAT) was 0.05245 $, documented on 29 July 2025, more than 20 days ago. In comparison, the current price is 154.29%, it above this historical low.
What is the fully diluted valuation of OPCAT (OPCAT)?
The fully diluted valuation (FDV) of OPCAT (OPCAT) stands at $ 1,23 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 21,000,000 OPCAT tokens. The realization of this FDV might take several years depending on the emission schedule of OPCAT tokens.