Qredo is the first decentralised trustless MPC custodial network.
Qredo Market Cap
24h Trade Volume
All-Time-High (ATH) Price
Qredo's current price is $ 7.21, it has increased +22.9% over the past 24 hours.
Qredo's All Time High (ATH) of $ 9.72 was reached on 18 Nov 2021, and is currently -25.8% down.
The maximum supply of Qredo that will ever be issued is 2.00 Billions tokens, and the current supply of QRDO in circulation is 37.86 Millions tokens.
Qredo’s 24 hour trading volume is $ 20.31 Millions.
Qredo's current share of the entire cryptocurrency market is 0.01%, with a market capitalization of $ 272.89 Millions.
Qredo price Index provides the latest QRDO price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
The Qredo to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.
QRDO to USD Converter
Qredo Quarterly Returns ($)
Qredo Closing Price (USD) - Quarterly
Qredo Monthly Returns ($)
Qredo USD (QRDO - USD) Price Change
|24H||$ 1.34||+22.9%||$ 7.22||$ 5.63|
|7D||-$ 0.513||-6.64%||$ 7.79||$ 5.63|
|14D||-$ 0.912||-11.2%||$ 9.72||$ 5.63|
|1M||$ 4.32||+150%||$ 9.72||$ 2.67|
Qredo Annual Price
|2021||+242.6%||$ 9.72||$ 0.771|
What is Qredo
The Qredo protocol is a Layer 2 decentralized custodian protocol with compliance and governance controls built-in to its consensus mechanism. On top of the Layer 2 exists a Layer 3 decentralized communications plane that enables conversations to be replicated across all peers instantaneously, yet provides built-in end-to-end encryption for privacy and security. Conversations can be machine to machine, machine to humans, or human to human.
Qredo’s philosophy is Layer 2 protocols reach their full potential if they utilize decentralized communication protocols, a Layer 3, as an independent layer to offload any extraneous communication. This is essential for any Layer 2 hoping to deliver performant solutions to traditional finance actors who want to engage with or develop their DeFi protocols.
The Qredo protocol makes use of multi-party computation to generate segregated deposit addresses and eliminate the risk of private key theft. MPC nodes sign transactions via a consensus-driven workflow which is secured without the need for centralized private key storage. The protocol’s design, from the consensus layer through to the digital asset and economic security design, is meant to deliver on the premise that the entire network is the vault, and eliminate all counterparty risks for liquidity providers, market makers, and traders alike. All deposits and holdings are mapped 1-to-1 to the underlying Layer 1 blockchain and visible through the Qredo block explorer.