Currencies34286
Market Cap$ 3.85T-2.56%
24h Spot Volume$ 64.22B-30.6%
DominanceBTC58.42%+0.64%ETH10.86%-1.63%
ETH Gas0.31 Gwei
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Indigo Protocol

Indigo Protocol INDYPrice N/A

INDY Price

N/A

General Info

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# Inactive

Description

Indigo is an autonomous synthetics protocol for on-chain price exposure to real-world assets, built on Cardano.

Indigo Protocol (INDY) Chart

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

Additional Data

ATH Market Cap

$ 54.13M

Max Supply

INDY 35,000,000

Total Supply

INDY 35,000,000

All Time High

$ 3.49

3 Dec 2024


All Time Low

$ 0.243

1 Jan 2023

Trending Indigo Protocol Fiat Pairs

What is Indigo Protocol (INDY)?

Indigo is an autonomous synthetics protocol for on-chain price exposure to real-world assets, built on Cardano. 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.

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. Developers 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.

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