388 Watchlists
Blockchain Service
NPM Price
Contracts/Explorers:
Ethereum
Funds and Backers
Wallets
No wallets found yet
Neptune Mutual aims to parametrically protect digital assets from hacks and exploits
IDO
Raised
$ 300.00K
Price:
$ 0.230
ROI:
0.14x -86.2%
Platform:
N/A
ATH ROI:
0.24x -76%
Market Cap
$ 1.61M
FDV
$ 31.67M
ATH Market Cap
$ 2.80M
24 Trade Vol.
$ 0.178
Vol. (24h) / MCap
0.00...111
Max Supply
NPM 1,000,000,000
Total Supply
NPM 72,580,952
Circulating Supply
NPM 50.75M
(5.08% of Max Supply)
Listing Date
25 Oct 2023
IDO Price
$ 0.230
IDO ROI
0.138x
All Time High
$ 0.0551
20 Nov 2023
All Time Low
$ 0.0301
19 Jan 2024
From ATH
From ATL
Just like the traditional parametric cover products, Neptune Mutual cover pools provide guaranteed payouts upon triggering a set of the predefined event(s).
Cover purchasers are those who pay a fee to become policyholders. The policyholders will receive a special kind of token known as cxTokens or claim tokens. Theoretically, the
cxTokens could be cxDAI, cxUSDC, cxBUSD, etc. that represent a stablecoin. If a cover incident and resolution occurs, the user will be able to claim the cxDAI to receive an equal payout amount in DAI, minus the protocol fees.
Neptune is based on the parametric coverage model. It offers policyholders protection against loss resulting from a set event (also known as cover parameters). The policyholders pay a premium to get coverage for a fixed duration and desired amount. Once an incident occurs, as long as the parameters are triggered, and resolution is reached that the set event did occur, all cover purchasers are entitled to payout without being individually assessed. As a result, faster payout can be achieved given a claim does not need to go back and forth between the underwriters, claims assessors, loss adjusters, or any middlemen or centralized party; this helps platforms/cover creators to better manage their reputation and maintain their user base in the case of an incident occurrence.
Token Utility
Neptune Mutual's current price is $ 0.0317, it has dropped -1.81% over the past 24 hours.
Neptune Mutual's All Time High (ATH) of $ 0.0551 was reached on 20 Nov 2023, and is currently -42.5% down.
The current circulating supply of Neptune Mutual is 50.75 Million tokens, and the maximum supply of Neptune Mutual is 1.00 Billion.
Neptune Mutual’s 24 hour trading volume is $ 0.178.
Neptune Mutual's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 1.61 Million.
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