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Angle

Angle ANGLE Price $ 0.124

Rank: 969

362 Watchlists

DeFi

ANGLE Price

0.124
55.4%
($ 0.0441)
Price Range
LowHigh
$ 0.0796$ 0.135

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Token

Funds and Backers

Description

Angle is the first decentralized, capital-efficient and over-collateralized stablecoin protocol

Angle (ANGLE) Chart

The Angle to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

ANGLE to USD Converter

Angle (ANGLE)ANGLE

ANGLE Price Statistics

leaderboard

Market Cap

$ 24.93M

FDV

$ 123.74M

ATH Market Cap

$ 48.25M

24 Trade Vol.

$ 1.23M


Vol. (24h) / MCap

0.0494

Max Supply

ANGLE 1,000,000,000

Total Supply

ANGLE 1,000,000,000

Circulating Supply

ANGLE 201.48M

(20.1% of Max Supply)

Listing Date

11 Nov 2021

All Time High

$ 1.53

19 Nov 2021


All Time Low

$ 0.0234

16 Dec 2022


From ATH

91.9%

From ATL

429.3%

Angle Price Analysis

What is Angle (ANGLE)?

Angle innovates by enabling people to swap at a 1:1 rate with no slippage collateral against stable assets and stable assets against collateral: with 1 Euro worth of collateral, you can get 1 stablecoin, and with 1 stablecoin you can always redeem 1 Euro worth of collateral.

The protocol involves 3 groups, very common in other DeFi protocols, which all benefit from Angle:

  • Stable Seekers and Holders (or Users) who mint, use, or burn stable assets
  • Hedging Agents (HAs) who can get on-chain leverage under the form of perpetual futures in just one transaction from the protocol and by doing so ensure the protocol against the volatility of its collateral
  • Standard Liquidity Providers (SLPs) who bring extra collateral to the protocol and automatically earn interests, transaction fees, and rewards.

Angle's design can be used to issue multiple stablecoins, provided that there is an oracle for that. Angle could for instance build a token which market value is designed to remain equal to the temperature in New York City. The protocol has started with the agEUR (Euro stablecoin), and the idea is to follow with stablecoins pegged to other currencies like agGBP, or agCHF.

Angle DAO is responsible for tuning and improving the protocol in order to make it sustainable and robust enough to become a building block of the DeFi space. The Angle DAO manages the protocol through a governance module controlled by the ANGLE token. Angle governance contracts have been imported from OpenZeppelin and Compound implementations.

Angle Price Today

Angle's current price is $ 0.124, it has increased +55.4% over the past 24 hours.

Angle's All Time High (ATH) of $ 1.53 was reached on 19 Nov 2021, and is currently -91.9% down.

The current circulating supply of Angle is 201.48 Million tokens, and the maximum supply of Angle is 1.00 Billion.

Angle’s 24 hour trading volume is $ 1.23 Million.

Angle's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 24.93 Million.

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