Currencies32904
Market Cap$ 2.80T-0.82%
24h Spot Volume$ 35.85B-40.6%
DominanceBTC58.71%+0.10%ETH7.71%-0.36%
ETH Gas0.44 Gwei
Cryptorank
MainCurrenciesWhite Whale
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White Whale

White Whale WHALEPrice N/A

WHALE Price

N/A

General Info

Contracts/Explorers:

Explorers

Tags (Sub-Categories):

# Inactive

Funds and Backers

Description

White Whale is an arbitrage protocol devoted to maintaining the peg on Terra stablecoins and allowing the community to contribute to achieve a mission

White Whale (WHALE) Chart

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

Additional Data

ATH Market Cap

$ 10.25M

Max Supply

WHALE 1,000,000,000

Total Supply

WHALE 1,000,000,000

All Time High

$ 0.0952

15 Dec 2023


All Time Low

$ 0.00233

5 Jul 2024

Trending White Whale Fiat Pairs

What is White Whale (WHALE)?

White Whale is an arbitrage protocol devoted to maintaining the peg on Terra stablecoins and allowing the community to contribute in helping to achieve this misson.

Deposited tokens are represented by vault tokens (vUST, vLUNA, etc.). These tokens are redeemable for the initial deposit along with it's accrued interest, making these tokens auto-compouning. White Whale vaults are structured to provide depositors with:

  • High, stable deposit yields powered by the Anchor Protocol
  • Arbitrage Exposure through White Whale abitrage of stablecoin deposits

White Whale is an open, permissionless arbitrage protocol, meaning that any third-party application is free to connect and earn interest without restrictions. Furthermore, all arbitrage contracts are publicly callable.

The native digital cryptographically-secured fungible token of White Whale (WHALE) is a transferable representation of attributed governance and utility functions specified in the protocol/code of White Whale, which is designed to be used solely as an interoperable utility token on the platform.

The WHALE token provides economic incentives that will be distributed to encourage users to contribute to and participate in the ecosystem of White Whale, thereby creating a mutually beneficial system where every participant is fairly compensated for their efforts. The WHALE token is an integral and indispensable part of White Whale platform, because without the WHALE token there would be no incentive for users to expend resources to participate in activities or provide services for the benefit of the entire ecosystem of White Whale. The tokenomics are designed such that incentive WHALE tokens will be awarded to active users based on their actual usage, activity and contribution on White Whale platform and/or proportionate to the frequency and volume of transactions. 

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