Indigo Protocol iBTC
IBTC Price
How is the price of Indigo Protocol iBTC (IBTC) calculated?
The price of Indigo Protocol iBTC (IBTC) is calculated in real-time by aggregating the latest data across 2 exchanges and 5 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
Indigo Protocol iBTC Price Chart (IBTC)
| 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|
| 0.3% | 3.9% | 3.2% | 0.9% | 1.6% | 48.3% |
IBTC 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 |
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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.
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$7,929.92 |
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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).
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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 |
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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 |
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IBTC Historical Price
| 24h Range | $83,034.41 – $89,433.04 |
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| 7d Range | $82,488.26 – $89,670.37 |
| All-Time High |
$124,644
32.6%
Mar 02, 2025 (about 1 month)
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| All-Time Low |
$19,080.05
340.5%
Jun 10, 2023 (almost 2 years)
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How do you feel about IBTC today?
iBTC is synthetic Bitcoin released in November of 2022 as part of Indigo Protocol v1. The Indigo Protocol is a CDP (Collateralized Debt Position) based DeFi protocol that brings capital-efficient synthetic assets to the Cardano ecosystem. Users can purchase iBTC from a DEX just like any Cardano native asset, or can mint iBTC within the Indigo Protocol by depositing ADA as collateral.
When users mint iBTC within the Indigo Protocol, they must deposit sufficient ADA such that their CDP remains above the applicable Minimum Collateralization Ratio (MCR) - meaning a user deposits collateral in the form of ADA that ensures over-collateralization. If the value of a user's ADA collateral begins to decrease toward the MCR, a user can choose to add more collateral to keep their iBTC position above the MCR. If a user’s collateral becomes worth less than the MCR of their iBTC debt, the Indigo Stability Pool providers will allow the user to keep their iBTC but will exchange Stability Pool iBTC for the user’s higher value ADA collateral. Thereby ensuring that iBTC remains overcollateralized and that the Indigo Protocol remains solvent via its efficient liquidation process.
Unique to Indigo, users still receive their ADA staking rewards from stake pool delegation while ADA is being used as collateral in a CDP. This CDP Liquid Staking feature presents a unique use case for iBTC in trading strategies.
The Indigo DAO controls the iBTC parameters and can therefore vote to raise or lower the Minimum Collateralization Ratio for iBTC and all Indigo iAssets.
Where can you buy Indigo Protocol iBTC?
IBTC tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Indigo Protocol iBTC is Minswap, where the most active trading pair IBTC/ADA has a trading volume of $3,690.81 in the last 24 hours.
What is the daily trading volume of Indigo Protocol iBTC (IBTC)?
The trading volume of Indigo Protocol iBTC (IBTC) is $7,929.92 in the last 24 hours, representing a -16.60% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.
What is the highest and lowest price for Indigo Protocol iBTC (IBTC)?
Indigo Protocol iBTC (IBTC) reached an all-time high of BTC1.6695 and an all-time low of BTC0.6865. It’s now trading -32.60% below that peak and 340.50% above its lowest price.
How does the price performance of Indigo Protocol iBTC compare against its peers?
With a price decline of -3.20% in the last 7 days, Indigo Protocol iBTC (IBTC) is outperforming the global cryptocurrency market which is down -7.10%, while underperforming when compared to similar Cardano Ecosystem cryptocurrencies which are up 9.80%.
Indigo Protocol iBTC Markets
| # | Exchange | Pair | Price | Spread | +2% Depth | -2% Depth | 24h Volume | Volume % | Last Updated | Trust Score | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 |
DEX
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$84,049.67 | 0.6% | $12,704 | $12,665 | $3,690.00 | 46.54% |
Recently
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| 2 |
DEX
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$84,059.31 | 0.6% | $6,258 | $6,239 | $4,239.00 | 53.46% |
Recently
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| 3 |
DEX
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$83,170.25 | - | - | - | $113.00 | 1.44% |
Recently
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| 4 |
DEX
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$83,994.04 | - | - | - | $26.00 | 0.33% |
3 days ago
Inactive - No trades in the last 3 hours
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| 5 |
DEX
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$84,034.13 | 0.61% | $681 | $679 | $336.00 | 4.24% |
Recently
Anomaly - Trading price or volume is an outlier against the average
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