Jade Protocol Price Today (Official) | Live JADE Price Chart in USD | CryptoRank.io
Currencies
11643
Market Cap
$ 2.61T
-6.16%
24h Spot Volume
$ 117.21B
+0.41%
BTC Dominance
39.36%
-0.9%
ETH Gas
102 Gwei

Jade Protocol [JADE]

 
On 1 watchlists
Token:
BSC
USD 226
-13.10
BTC 0.00416
-6.59
ETH 0.055
-4.99

Jade Protocol is a decentralized reserve currency platform on Binance Smart Chain

Jade Protocol Market Cap

N/A
FDMC: $ 39,524,779 

24h Trade Volume

$ 6,052,336 
Ƀ 111
JADE 26,745

Supply

Total:
JADE 174,656

All-Time-High (ATH) Price

$ 554 (22 Nov 2021)
Ƀ 0.0097 (22 Nov 2021)
ETH 0.134 (22 Nov 2021)
From ATH: -59.2%
To ATH: +144.8%

Jade Protocol's current price is $ 226, it has dropped -13.1% over the past 24 hours.

Jade Protocol's All Time High (ATH) of $ 554 was reached on 22 Nov 2021, and is currently -59.2% down.

Jade Protocol Price

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

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

JADE to USD Converter

JADE

Jade Protocol Quarterly Returns ($)

YearQ1Q2Q3Q4
2021-57.7%

Jade Protocol Closing Price (USD) - Quarterly

YearQ1Q2Q3Q4
2021

Jade Protocol Monthly Returns ($)

YearJanFebMarAprMayJuneJulyAugSeptOctNovDec
2021-57.7%

Jade Protocol USD (JADE - USD) Price Change

PeriodChangeChange (%)HighLow
24H-$ 34.12-13.1%$ 260$ 176

Jade Protocol Annual Price

YearUSDHighLow
2021-57.7%$ 554$ 176

What is Jade Protocol

Jade Protocol is a decentralized reserve currency platform on Binance Smart Chain. Unlike DAI or USDC, which are pegged to the value of the U.S. dollar, JADE's reserves are crypto assets held by the Jade Protocol Treasury.

JADE is a free-floating currency backed by our treasury supply of the stablecoin BUSD. JADE tokens can’t be minted or burned by anyone except the protocol. The protocol only does so in response to price. Each JADE is backed by at least 1 BUSD. If JADE ever trades below 1 BUSD, the protocol buys back and burns JADE, pushing the price back up to 1 BUSD. There is no upper limit imposed by the protocol to the potential trading price of JADE.

JADE is backed by BUSD, not pegged to it. This allows the JADE token to achieve a stable floating value, while never falling below the value of its backed assets. The token price is designed to equal (1 BUSD + Premium), with "premium" reflecting market value.

JADE also expands its treasury through bonds. Bonds are sold by the protocol for different assets, and in return, the buyer receives JADE at a significantly discounted price. This increases the treasury and enables us to produce incredible yields for our users.