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MARK

Benchmark Protocol price
MARK

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For more details on listing tiers, refer to Listings Review Criteria Section B - (3).
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Total supply
2.01M MARK
Max. supply
--
Circulating supply
429.64K MARK
Website
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0x67c5...284253
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UCID
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CMC Daily Analysis

About Benchmark Protocol

Benchmark Protocol is a Supply Elastic Collateral and Hedging Device, Driven by the Volatility Index. The protocol operates as a rules-based utility that dynamically adjusts supply based on the CBOE volatility index (VIX) and deviations from the target metric - equal to 1 Special Drawing Rights (SDR) unit. Employing the SDR creates a larger use case rather than exposure to just one currency; the application of this creates a larger user base and delineated exposure to markets around the world. The DeFi space needs a collateral utility that retains its efficacy and increases inherent, baseline liquidity during periods of high volatility.
 
 
 
 
 
 

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