Market Cap | |
---|---|
24 Hour Trading Vol | |
Fully Diluted Valuation | 906.03 B |
Circulating | 5,397,043.00 |
Total Supply | 6,540,888.00 |
Max Supply | 6,540,888.00 |
Week | Month | Year | All Time | |
---|---|---|---|---|
High |
27-03-2024 14.502848247786
-37.39%
|
13-03-2024 16.507808054718
-45.00%
|
13-03-2024 16.507808054718
-45.00%
|
16-04-2021 ₹5,730,800.59
-88.48%
|
Low |
13-12-2024 9.08
0.00%
|
13-12-2024 9.08
0.00%
|
06-02-2024 4.81
88.77%
|
06-08-2024 ₹5,628.29
89.30%
|
Sr. | Exchange | Pair | Price | Spread | Volume | Volume% | Confidence | Last Traded | Trust Score |
---|
Price | Market Cap | Volume | Date |
---|
Strike is a DeFi lending protocol that lets people earn interest on their cryptocurrency by putting it in one of the markets that the platform supports. When a user puts tokens into a Strike market, they get back sTokens. These sTokens are the person's share of the pool and can be used at any time to get back the original cryptocurrency that was put into the pool. For instance, if you put ETH into a pool, you will get sETH back. Over time, the rate at which these sTokens can be exchanged for the underlying asset goes up. This means that you can get back more of the underlying asset than you put in when you bought the sTokens. This is how the interest is distributed. On the other hand, if a borrower puts down collateral, they can get a secured loan from any Strike pool. Depending on the collateral asset, the maximum loan-to-value (LTV) ratio can be anywhere from 50 to 80%. The interest rate paid depends on what was borrowed, and borrowers can be forced to sell their collateral if it falls below a certain maintenance level. To know more about the Strike price prediction, install the top cryptocurrency app CoinGabbar today!