Indigo Protocol
INDY Price
How is the price of Indigo Protocol (INDY) calculated?
The price of Indigo Protocol (INDY) is calculated in real-time by aggregating the latest data across 3 exchanges and 5 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
Indigo Protocol Price Chart (INDY)
| 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|
| 1.7% | 4.8% | 11.7% | 18.6% | 44.1% | 63.9% |
INDY Converter
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Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
$15,197,211 |
|---|---|
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Market Cap / FDV
The proportion of current market capitalization compares to market capitalization when meeting max supply.
The closer the Mkt Cap/FDV to 1, the closer the current market capitalization to its fully diluted valuation and vice versa. Learn more about Mkt Cap/FDV here. |
0.48 |
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Market Cap / TVL Ratio
Ratio of market capitalization over total value locked of this asset. A ratio of more than 1.0 refers to its market cap being greater than its total value locked.
MC/TVL is used to approximate a protocol’s market value vs. the amount in assets it has staked/locked. |
0.33 |
|
Fully Diluted Valuation
Fully Diluted Valuation (FDV) = Current Price x Total Supply
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation. Learn more about FDV here. |
$31,541,164 |
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Fully Diluted Valuation / TVL Ratio
Ratio of fully diluted valuation (FDV) over total value locked (TVL) of this asset. A ratio of more than 1.0 means that the FDV is greater than its TVL.
FDV/TVL is used to approximate a protocol’s fully diluted market value vs. the amount in assets it has staked/locked. |
0.68 |
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24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
$14,597.59 |
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Total Value Locked (TVL)
Capital deposited into the platform in the form of loan collateral or liquidity trading pool.
Data provided by Defi Llama |
$46,676,946 |
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Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
16,863,753
https://analytics.indigoprotocol.io/api/stats/indy-circulating-supply
Est. Circulating Supply
16,863,753
|
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Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market.
Total Supply = Onchain supply - burned tokens |
35,000,000 |
|
Max Supply
The maximum number of coins coded to exist in the lifetime of the cryptocurrency. It is comparable to the maximum number of issuable shares in the stock market.
Max Supply = Theoretical maximum as coded |
35,000,000 |
INDY Historical Price
| 24h Range | $0.8589 – $0.9235 |
|---|---|
| 7d Range | $0.8469 – $1.03 |
| All-Time High |
$4.50
79.9%
Jul 14, 2023 (over 1 year)
|
| All-Time Low |
$0.3706
144.2%
Sep 18, 2024 (7 months)
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How do you feel about INDY today?
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.
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 can you buy Indigo Protocol?
INDY tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade Indigo Protocol is MEXC, where the most active trading pair INDY/USDT has a trading volume of $1,015.39 in the last 24 hours. Other popular options include Minswap and Sundaeswap.
What is the daily trading volume of Indigo Protocol (INDY)?
The trading volume of Indigo Protocol (INDY) is $14,597.59 in the last 24 hours, representing a 31.10% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.
What is the highest and lowest price for Indigo Protocol (INDY)?
Indigo Protocol (INDY) reached an all-time high of BTC0.0002070 and an all-time low of BTC0.056158. It’s now trading -79.90% below that peak and 144.20% above its lowest price.
What is the market cap of Indigo Protocol (INDY)?
Market capitalization of Indigo Protocol (INDY) is BTC183.3599 and is ranked #1184 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of INDY tokens (17 Million tokens are tradable on the market today).
What is the fully diluted valuation of Indigo Protocol (INDY)?
The fully diluted valuation (FDV) of Indigo Protocol (INDY) is BTC380.5556. This is a statistical representation of the maximum market cap, assuming the maximum number of 35 Million INDY tokens are in circulation today. Depending on how the emission schedule of INDY tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Indigo Protocol compare against its peers?
With a price decline of -11.70% in the last 7 days, Indigo Protocol (INDY) is underperforming the global cryptocurrency market which is down -3.10%, while underperforming when compared to similar Cardano Ecosystem cryptocurrencies which are up 9.80%.
Indigo Protocol Markets
| # | Exchange | Pair | Price | Spread | +2% Depth | -2% Depth | 24h Volume | Volume % | Last Updated | Trust Score | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 |
CEX
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$0.89944158093611330000000000000000 | 0.91% | $4 | $8 | $1,015.00 | 6.99% |
Recently
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| 2 |
DEX
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$0.901439826000024400000000000000000000000000000 | 0.6% | $13,178 | $13,138 | $8,129.00 | 55.7% |
Recently
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| 3 |
DEX
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$0.901439826000024400000000000000000000000000000 | 0.6% | $8,595 | $8,569 | $2,727.00 | 18.69% |
Recently
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| 4 |
DEX
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$0.9030895987002372000000000000000000000000 | - | - | - | $2,714.00 | 18.62% |
Recently
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| 5 |
DEX
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$0.9022805445201593000000000000000000000000 | - | - | - | $4,566.00 | 31.32% |
Recently
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