Logo Indigo Protocol
Indigo Protocol
indy
Indigo Protocol
1.1245USD
-0.31%
0.000013 BTC0%
0.000571 ETH+0.17%
Cardano Ecosystem
Synthetic Issuer
Derivatives
1Y Range
Rank:#1126
Website:
indigoprotocol.io
Explorers:
cardanoscan.io
Discord:discord.gg

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INDY
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INDY Price Live Data

The live Indigo Protocol price today is 1.1245 USD with a 24-hour trading volume of 22.82K USD. We update our INDY to USD price in real-time. Indigo Protocol is down -0.97% in the last 24 hours. The current Market Cap ranking is #1126, with a live market cap of 18.68M USD. It has a circulating supply of 16.74M INDY coins and the max. supply is 35M.

What Is Indigo Protocol (INDY)?

What is Indigo Protocol? Indigo is an autonomous synthetics protocol for on-chain price exposure to real-world assets, built on Cardano, and has brought the first Native Stablecoin to the Cardano ecosystem, iUSD. How does Indigo work? Indigo allows anyone to create synthetic assets, known as iAssets. iAssets can be created using currencies such as stablecoins and ADA. They have the same price effect as holding the asset being replicated. This allows you to gain profit from the increase in price of an asset without owning the original asset itself. What are Synthetic Assets? Synthetic Assets give users exposure to a variety of assets without the need to actually own the underlying asset. These assets can be anything that has value in the real world. With its transparency, efficiency, low barriers to entry, and decentralized traits, the Blockchain can smoothly deliver all these assets to anyone with access to the Internet. The INDY governance token comes from its use in the Indigo DAO voting process. The total supply of INDY will be 35M tokens with a 6-decimal precision. The max supply of INDY will be distributed to protocol users, stakers, and LPs over the course of four years. We believe in a fair distribution of the INDY tokens to the early adopters of the protocol, therefore there will be NO community pre-sale via ICO/ISO/ISPO. What is the Indigo DAO? Indigo is a decentralized community-led project. The Indigo DAO owns the Indigo Protocol, including the application, website, and all intellectual property. A DAO (decentralized autonomous organization) is like a company, but instead of being incorporated in a country is established in a blockchain. You, the Indigo community, control the decisions for the Indigo DAO. You can cast your votes using the INDY token. A forum has been established to help facilitate community votes. All Indigo community members are encouraged to join the forum to propose, discuss and vote on ideas to guide Indigo’s future direction.
Price Chart
INDY Info
Market Cap18.68M USD
Fully Diluted MC39.05M USD
24h Trade Volume22.82K USD
ATH Market Cap74.78M USD
Circulating Supply16.74M INDY
Total Supply35M INDY
Max Supply35M INDY
All Time High
4.5 USD14 Jul 2023
Now:-75.22%
All Time Low
0.370591 USD18 Sep 2024
Now:+201.11%
⁉️INDY Performance
Trading Pair7d1M3M6M1Y
INDY/USD1.11%-20.02%-39.31%174.2%0%
INDY/BTC1.41%-8.5%-29.91%106.28%0%
INDY/ETH-1.13%8.17%2.68%259.25%0%
INDY Monthly Returns
YearJanFebMarAprMayJunJulAugSepOctNovDec
2024-----10.91%-37.12%-20.15%-29.32%+5.78%+49.21%+307.56%-45.35%
2025-10.36%-28.48%+3.79%---------
AverageNaN%NaN%NaN%NaN%NaN%NaN%NaN%NaN%NaN%NaN%NaN%NaN%
MedianNaN%NaN%NaN%NaN%NaN%NaN%NaN%NaN%NaN%NaN%NaN%NaN%
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