HORD

HordHord price 
HORD

$0.02034  

9.55% (1d)

Hord to USD Chart

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Hord statistics
Market cap
 

9.55%

$1,802,586
#1350
Volume (24h)
 

4.13%

$107,973
#2221
Volume/Market cap (24h)
 
5.99%
Circulating supply
 
88,615,986 HORD
27.69%
Total supply
 
320,000,000 HORD
Max. supply
 
320,000,000 HORD
Fully diluted market cap
 
$6,509,294
HORD to USD Converter
HORD
USD
Price performance
24h 
Low
$0.01848
High
$0.02035
All-time high
May 12, 2021 (3 years ago)
$1.83
-98.89%
All-time low
Jul 25, 2022 (a year ago)
$0.007969
+155.27%
See historical data
Popularity
In watchlists9,758x
2195th / 8.9K
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About Hord

Hord is a protocol to create and trade ETFs, also known are tokenized baskets.

To learn more about this project, check out our deep dive of Hord.

There are two key participants in Hord: (a) Champions and (b) their Hord. The Champions are likely to be market-leading influencers, funds, or strategy-based long-term traders. Champions broadcast their portfolio data, which is used by their Hord.

There are two key smart contracts in Hord: (a) Champion Contract and (b) Mirror Contract. The first one serves Champions and the second one serves their Hord (followers).

The Champion Contract is a smart contract that broadcasts the Champion’s portfolio data to the Mirror Contract. The Champion’s Hord can deposit funds to a Mirror Contract, which always acquires the assets in the proportion represented by the Champion’s portfolio.

Once funds are in the Mirror Contract, a token is minted to reflect its deposits, and it is then distributed to the accounts that deposited funds to the Mirror Contract. This token is essentially the tokenized portfolio of the Champion, and is redeemable for the underlying value held in the Mirror Contract.

The ETF tokens can be traded on the Hord DEX, an orderbook decentralized exchange.