Ribbon Finance (RBN)

10.07 %

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.

1280457>
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 - -.

263593648>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.

626,110,857.00
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 - -.

1,000,000,000.00
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 - -.

1,000,000,000.00
Low High
Contract
Website
Explorers
Social Media
Tags
Week Month Year All Time
High

Jan 19 2023

0.199790639284
31.69%

Jan 17 2023

0.214502057957
22.66%

Feb 16 2022

2.312857699264
-88.62%

Oct 08 2021

-95.24%
Low

Jan 19 2023

0.199790639284
31.69%

Jan 08 2023

0.166958945931
57.59%

Jan 08 2023

0.166958945931
57.59%

Nov 22 2022

71.22%

Market

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

Historical Data

Price Market Cap Volume Date

News

Forum

Social Media

Coin
Ribbon Finance
Comments

Coin Info

Ribbon uses financial engineering to make structured products that give a steady return on investment. Ribbon's first product is an automated options strategy that focuses on making money. The protocol also lets developers combine different DeFi derivatives to make any kind of structured product they want.

Structured products are bundled financial instruments that use a combination of derivatives to achieve a specific risk-return goal, such as betting on volatility, increasing yields, or protecting the principal.

Theta Vault is a new product that automates a strategy for getting a high yield on ETH called "covered calls." The vault uses a strategy called "covered calls" and sells out-of-the-money call options every week to make money.

The main risk of this strategy is that depositors might give up potential upside in exchange for a guaranteed return. When someone sells a call option, they promise to sell the asset at the strike price, even if it goes up (a.k.a selling early). Because of this, if the price of the asset goes up a lot in a short amount of time, depositors' ETH could have a "negative yield."

But this only happens if the exchange rate between ETH and USD goes up a lot, so depositors will still be ahead in USD terms. The vault also sells call options that are very far out of the money. This means that the options are unlikely to be used.

To know more about the Ribbon Finance price prediction, install the top cryptocurrency app CoinGabbar today!

;
EPNOC