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Polytrade

Polytrade TRADE Price $ 1.78

Rank: 617

1085 Watchlists

DeFi

TRADE Price

1.78
5.19%
(-$ 0.0976)
Price Range
LowHigh
$ 1.73$ 1.91

General Info

Contracts/Explorers:

Explorers

Tags (Sub-Categories):

#Token

Funds and Backers

Wallets

No wallets found yet

Description

Polytrade is a decentralized trade finance platform that aims to transform receivables financing.

Polytrade (TRADE) Chart

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

TRADE to USD Converter

Polytrade (TRADE)TRADE

IDO

18 Aug — 18 Aug 2021

Raised

$ 200.00K

Price:

$ 0.150

ROI:

11.89x  +1,089%

Platform:

N/A

ATH ROI:

20.27x  +1,927%

TRADE Price Statistics

leaderboard

Market Cap

$ 58.07M

FDV

$ 177.74M

ATH Market Cap

$ 96.80M

24 Trade Vol.

$ 1.15M


Vol. (24h) / MCap

0.0197

Total Supply

TRADE 100,000,000

Circulating Supply

TRADE 32.67M

(32.7% of Total Supply)

Listing Date

25 Aug 2021

IDO Price

$ 0.150

18 Aug 2021

IDO ROI

1,085%

11.85x

All Time High

$ 3.04

1 Apr 2024


All Time Low

$ 0.0513

3 Jul 2022


From ATH

41.5%

From ATL

3,367%

What is Polytrade (TRADE)?

Polytrade brings safe and insurance backed real world assets to crypto world. We will provide real world borrowers access to low interest and swift financing to free up critical working capital, tapped from crypto lenders.

Features

Tokenizing Real-World Invoices

  • POLYTRADE works on DeFi, a borderless financing infrastructure that turns the ownership of real-world assets (“Receivables”) into digital tokens

Harnessing Crypto Liquidity Pool

  • POLYTRADE enables harnessing the massive crypto liquidity pool and addresses the gap in receivables financing by providing SMEs a new source of funding

Offering Safe insurance backed investments to Crypto Investors

  • POLYTRADE provides a safe investment opportunity for Crypto investors to sweat their crypto assets in real-world business use cases.

Key Benefits

For Sellers

No Restrictions on Ticket Size

  • Unlike traditional financing options, the platform can finance even small-sized invoices

Low-cost Financing

  • The platform aims to minimize the cost of finance by removing intermediaries from the chain

Quick Turnaround

  • Highly active and capable governance facilitates a quick turnaround and reduces processing times to a minimum

For Investors

Easy Access to Trade Finance

  • Invest in a centuries-old asset class without getting into its nuisances

Monetize Idle Credit Lines

  • Earn attractive returns by directly investing in a large number of invoices from businesses spread across diverse industry sectors

Secured Platform

  • A secured blockchain-based platform offering best-in-class security to investors

TRADE Token Coin Utility

TRADE token will be used for the following key functions:

Governance

  • TRADE token will enable users to play part in the protocol’s governance. Governance rights are staking based which means that those who stake higher TRADE will have higher ability to control various governance decisions w.r.t. running the protocol

Protocol Incentivization

  • TRADE will enable users to earn rewards from time to time and provide the community to further develop and strengthen the protocol

Staking Rewards

  • TRADE token will enable liquidity providers to stake their TRADE tokens to earn rewards for securing the network

Settlement Instrument

  • TRADE tokens will be used as a settlement in-strument in the various bridges created to share the liquidity with other sidechains and mainnets.

Polytrade Price Today

Polytrade's current price is $ 1.78, it has dropped -5.19% over the past 24 hours.

Polytrade's All Time High (ATH) of $ 3.04 was reached on 1 Apr 2024, and is currently -41.3% down.

The current circulating supply of Polytrade is 32.67 Million tokens, and the maximum supply of Polytrade is 100.00 Million.

Polytrade’s 24 hour trading volume is $ 1.15 Million.

Polytrade's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 58.27 Million.

You can find more details about Polytrade on its official website and on the block explorer.

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