Currencies33385
Market Cap$ 3.54T+0.97%
24h Spot Volume$ 60.49B-2.65%
DominanceBTC60.07%+0.25%ETH8.68%-1.23%
ETH Gas0.50 Gwei
Cryptorank
Open report modalReport issue
Octo

Octo OCTOPrice N/A

OCTO Price

N/A

General Info

Contracts/Explorers:

Tags (Sub-Categories):

# Inactive

Description

OctoLSD is the first LSD LAADP (LSD Liquidity aggregation and distribution protocol), which is governed by OctoDAO.

Octo (OCTO) Chart

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

Additional Data

Max Supply

OCTO 1,000,000,000

Total Supply

OCTO 1,000,000,000

All Time High

$ 0.0133

8 May 2023


All Time Low

$ 0.0000224

8 Nov 2023

Trending Octo Fiat Pairs

What is Octo (OCTO)?

OctoLSD is the first LSD LAADP (LSD Liquidity aggregation and distribution protocol), which is governed by OctoDAO and aims to unlock the great potential of LSD.

By aggregating LSD assets and distributing them to various application scenarios, OctoLSD provides a more efficient and accessible way to manage and deploy LSD assets.

On one hand, OctoLSD concentrates LSD liquidity by aggregating various LSD assets and employs an LSD swap mechanism to achieve extremely low trading slippage. Additionally, OctoLSD supports the conversion of various LSD assets into a unified OcETH, making it more convenient for circulation.

On the other hand, OctoLSD distributes LSD liquidity to various DeFi projects through its Launchpad. For DeFi projects, utilizing the Launchpad can attract more LSD assets and attention. For users, providing liquidity to pools in the Launchpad will yield returns far greater than just LSD interest rates.

Additionally, OctoDAO will launch a stablecoin based on LSD called $LSDD and will continue to promote the use of OcETH (such as becoming a reserve asset for mainstream stablecoins like DAI), enriching the application scenarios of LSD.

And various financial scenarios will be extended in the future based on the Ethereum Benchmark Interest Rate and

Trending Coins and Tokens Flame icon