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Cover Protocol (COVER)

-4.64 %
Rank # 2038 500+ Watchlist
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Market Cap

The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market.

Market Cap = Current Price x Circulating Supply.
24 Hour Trading Vol

A measure of how much of a cryptocurrency was traded in the last 24 hours.
148307>
Fully Diluted Valuation

The market cap if the max supply was in circulation.

Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows - -.
1093240>T
Circulating

The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market.
79,179.00
Total Supply

The amount of coins that have been already created, minus any coins that have been burned. It is analogous to the outstanding shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, total supply shows - -.
82,000.00
Max Supply

The maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. It is analogous to the fully diluted shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, max supply shows - -.
82,000.00
Contract
  • Coin img ethereum 0x4688a8b1f292fdab17e9a90c8bc379dc1dbd8713
  • Coin img fantom 0xb01e8419d842beebf1b70a7b5f7142abbaf7159d
ethereum-0x4688a8b1f292fdab17e9a90c8bc379dc1dbd8713
ethereum -0x4688a8b1f292fdab17e9a90c8bc379dc1dbd8713
fantom-0xb01e8419d842beebf1b70a7b5f7142abbaf7159d
fantom -0xb01e8419d842beebf1b70a7b5f7142abbaf7159d
Explorers
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Research
Week Month Year All Time
High

Dec 14 2022

14.855121042139
-9.93%

Dec 14 2022

14.855121042139
-9.93%

Apr 05 2022

32.367298821366
-58.66%

Feb 17 2021

-99.21%
Low

Dec 14 2022

14.855121042139
-9.93%

Dec 14 2022

14.855121042139
-9.93%

Jun 19 2022

8.829908863751
51.53%

May 12 2022

59.02%

Cover Protocol (COVER) Market Pairs

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score

Cover Protocol (COVER) Historical Data

Price Market Cap Volume Date

Cover Protocol (COVER) News

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Cover Protocol
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Coin Info

Cover Protocol is a peer-to-peer insurance market, where the way it operates is more similar to prediction market. Unlike other insurance protocols, the governance token is not used for underwriting risk.  To bootstrap coverage for a new protocol, market makers will need to be incentivized to stake collateral of DAI/yDAI to mint CLAIM and NOCLAIM tokens. All series covers a specified protocol and have a specified expiry date. During the expiry date, either CLAIM or NOCLAIM will have the full claim to the collaterals.  For example, if 100 DAI is used to provide coverage for Compound protocol until an expiry date, it will yield 100 CLAIM and 100 NOCLAIM tokens. On the expiry date, if there is a valid claim event, every CLAIM token will receive 1 DAI while NOCLAIM token will expire worthless. The converse is true if there is no valid claim event. In this case, every NOCLAIM token will receive 1 DAI while CLAIM token will expire worthless.

Frequently Asked Questions (FAQs)

The current price of Cover Protocol (COVER) is USD 13.38

24 Hours, High Price of Cover Protocol (COVER) is USD 14.13 and Low price of Cover Protocol (COVER) is USD 13.06

The total supply of Cover Protocol (COVER) is 82000 and Circulating supply of Cover Protocol (COVER) is 79,179.00

The trading volume of Cover Protocol (COVER) is 148307 In the last 24 hours
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