Indigo Protocol PriceINDY
Rank #1143
About Indigo Protocol (INDY)
Contract
533bb94a8...792a797a0
Explorers
cardanoscan.io
Website
indigoprotocol.io
Community
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 futur
Indigo Protocol (INDY) Price Trends
24H High$1.60
24H Low$1.20
24H Volume$137.11K
Market Cap
$24.56MAll-Time High(ATH)$4.50
Circulating Supply
15.25M INDYAll-Time Low(ATL)$0.3705
Total Supply
35.00M INDYMarket Cap/FDV
43.6%Max Supply
35.00M INDYFully Diluted Valuation
$56.35MMarket SentimentNeutral
Live Indigo Protocol (INDY) Price Update
Indigo Protocol price today is $1.61 with a 24-hour trading volume of $137.11K, and as such Indigo Protocol has a market cap of $24.56M, giving it a market dominance of 0.0018%. The Indigo Protocol price moved +30.46% in the last 24 hours.
Time period | Change amount | % Change |
|---|---|---|
| 1H | +$0.1345 | +9.12% |
| 24H | +$0.3759 | +30.46% |
| 7D | +$0.8082 | +100.82% |
| 30D | +$0.9772 | +154.46% |
| 1Y | -$0.6569 | -28.98% |
Credibility Indicators
59.05
Reliability Score
Rank #4475
PercentileTOP 35%
 INDY to USD | $1.47 USD |
 INDY to EUR | €1.32 EUR |
 INDY to INR | ₹122.81 INR |
 INDY to IDR | Rp22299.51 IDR |
 INDY to CAD | $1.99 CAD |
 INDY to GBP | £1.10 GBP |
 INDY to THB | ฿48.48 THB |
 INDY to RUB | ₽135.84 RUB |
 INDY to BRL | R$8.00 BRL |
 INDY to AED | د.إ5.40 AED |
 INDY to TRY | ₺50.17 TRY |
 INDY to CNY | ¥10.37 CNY |
 INDY to JPY | ¥211.68 JPY |
 INDY to HKD | $11.45 HKD |
