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24h Spot Volume$ 44.52B+96.6%
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Divergence

Divergence DIVER Price $ 0.0155

Rank: 1475

110 Watchlists

DeFi

DIVER Price

0.0155
0.08%
($ 0.000012)
Price Range
LowHigh
$ 0.0154$ 0.0155

General Info

Contracts/Explorers:

Tags (Sub-Categories):

#Token

Funds and Backers

Description

Divergence is a decentralized platform for hedging, trading DeFi-native asset volatility, with its flagship product being an AMM-based marketplace

Divergence (DIVER) Chart

Divergence price Index provides the latest DIVER price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

DIVER to USD Converter

Divergence (DIVER)DIVER

IDO

27 Sep — 28 Sep 2021

Raised

$ 6.60M

Price:

$ 0.320

ROI:

0.05x  -95.2%

Platform:

N/A

ATH ROI:

1.42x  +41.9%

DIVER Price Statistics

leaderboard

Market Cap

$ 1.93M

Fully diluted value

FDV

$ 15.48M

ATH Market Cap

$ 79.55M

24 Trade Vol.

$ 157.73K


Vol. (24h) / MCap

0.0818

Max Supply

DIVER 1,000,000,000

Total Supply

DIVER 1,000,000,000

Circulating Supply

DIVER 124.62M

(12.5% of Max Supply)

Listing Date

28 Sep 2021

IDO Price

$ 0.320

28 Sep 2021

IDO ROI

95.2%

0.0484x

All Time High

$ 0.454

18 Oct 2021


All Time Low

$ 0.00752

13 Mar 2023


From ATH

96.6%

From ATL

105.8%

What is Divergence (DIVER)?

Divergence is a decentralized platform for hedging, trading DeFi-native asset volatility, with its flagship product being an AMM-based marketplace. Divergence is developing a range of decentralized volatility derivatives and volatility index products with the aim of becoming the go-to platform for: 

  • Risk-averse users seeking to hedge volatility risks 
  • Risk-tolerant users seeking to trade and gain leveraged exposure to volatility 
  • Risk-neutral users seeking to participate as liquidity providers and earning fees.

The extensive volatility derivative product suite in the Divergence roadmap contains financial instruments including binary options, index derivatives, and yield vaults incorporating volatility trading strategies. Our first step is to create a user-friendly, immediately scalable product that directly addresses the needs of liquidity providers and traders in the DeFi ecosystem: an AMM-based marketplace that trades synthetic derivative tokens with a binary pay-off structure on the volatility of any LP-defined asset class (aka. binary options).

Key design features for this AMM marketplace include:

  • Composability: Markets can be created at strike prices and expiration cycles of choice, using any fungible token -- including DeFi assets issued by other protocols -- in a one-step seeding and minting process, meaning that you don't need to mint a derivative token first, then allocate funds to seed a pool
  • Capital Efficiency: Only one collateral is required to write a binary call and a binary put for a pool, with no need for over-collateralization. Once a pool is created, the same collateral is used when traders buy and sell options via this pool. At any given time, only one collateral is used per pool. The smart contract reserves max claims for collateral, providing LPs the flexibility of withdrawing capital prior to expiry
  • Continuity: By default, our binary option pools auto-exercise positions and roll over the liquidity automatically upon expiration using identical terms. LPs would not have to relocate capital to create new pools in order to manage option expiry cycles.

Divergence Price Today

Divergence's current price is $ 0.0155, it has increased +0.08% over the past 24 hours.

Divergence's All Time High (ATH) of $ 0.454 was reached on 18 Oct 2021, and is currently -96.6% down.

The current circulating supply of Divergence is 124.62 Million tokens, and the maximum supply of Divergence is 1.00 Billion.

Divergence’s 24 hour trading volume is $ 155.94 Thousands.

Divergence's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 1.93 Million.

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