MIR

Mirror ProtocolMIR

Rank #227
Token
On 13,356 watchlists

Mirror Protocol Price (MIR)

$8.12
5.06%

0.0001434 BTC4.77%

0.003617 ETH3.95%

Low:$7.46
High:$8.21
24h
MIR  Mirror Protocol MIRPrice: $8.12 5.06%
Market Cap
$456,660,164
5.49%
Market Cap / TVL Ratio
0.2443
Fully Diluted Market Cap
$3,009,507,666
5.06%
Total Value Locked (TVL)
$1,868,917,870
Volume
24h
$18,429,382
48.93%
Volume / Market Cap
0.04036
Circulating Supply
56,230,739 MIR
Max Supply
--
Total Supply
370,575,000

Mirror Protocol Chart

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MIR Price Live Data

The live Mirror Protocol price today is $8.12 USD with a 24-hour trading volume of $18,429,382 USD. Mirror Protocol is up 5.06% in the last 24 hours. The current CoinMarketCap ranking is #227, with a live market cap of $456,660,164 USD. It has a circulating supply of 56,230,739 MIR coins and the max. supply is not available.

The top exchanges for trading in Mirror Protocol are currently OKEx, MXC.COM, Bithumb, KuCoin, and Gate.io. You can find others listed on our crypto exchanges page.

What are Mirrored Assets?

MIR is the governance token of Mirror Protocol, a synthetic assets protocol built by Terraform Labs (TFL) on the Terra blockchain.

Mirror Protocol is decentralized from day 1, with the on-chain treasury and code changes governed by holders of the MIR token. TFL has no intention of keeping or selling MIR tokens, and there are no admin keys or special access privileges granted. The intent for this is to be a completely decentralized, community-driven project.

Mirrored assets are blockchain tokens that behave like "mirror" versions of real-world assets by reflecting the exchange prices on-chain. They give traders the price exposure to real assets while enabling fractional ownership, open access and censorship resistance as any other cryptocurrency. Unlike traditional tokens which serve to represent a real, underlying asset, mAssets are purely synthetic and only capture the price movement of the corresponding asset.

Mirrored assets provide the following advantages:

  • Global Accessibility: In most markets outside of Europe & North America, access to foreign equities and forex markets is highly limited. Crypto allows global accessibility without entry barriers.
  • Fractional Orders: In traditional finance, to execute a fractional order, multiple fractional orders are bundled together to execute a unitary transaction. The process of gathering all the orders into one requires additional waiting time. By utilizing the blockchain, orders volume is simply represented as a number on the blockchain, so there is no need for the intermediary bundling process.
  • Nearly-Instantaneous Order Execution: Oftentimes due to the lack of liquidity (price-time-priority order book algorithm), orders can take up to a day to fully execute. Given the fact that Mirror relies on liquidity provided by each individual asset pool, orders can be executed as fast as the blocktime of the network (~ 6 seconds).
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MIR

Mirror Protocol

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USD

United States Dollar

MIR Price Statistics

Mirror Protocol Price Today
Mirror Protocol Price$8.12
Price Change24h$0.3912
5.06%
24h Low / 24h High
$7.46 /
$8.21
Trading Volume24h$18,429,381.96
48.93%
Volume / Market Cap0.04036
Market Dominance0.02%
Market Rank#227
Total Value Locked (TVL)$1,868,917,870
Mirror Protocol Market Cap
Market Cap$456,660,163.80
5.49%
Fully Diluted Market Cap$3,009,507,666.01
5.06%
Mirror Protocol Price Yesterday
Yesterday's Low / High
$7.46 /
$8.30
Yesterday's Open / Close
$8.30 /
$7.61
Yesterday's Change

8.24%

Yesterday's Volume$20,585,502.54
Mirror Protocol Price History
7d Low / 7d High
$7.46 /
$10.27
30d Low / 30d High
$6.62 /
$12.86
90d Low / 90d High
$1.80 /
$12.86
52 Week Low / 52 Week High
$0 /
$12.86
All Time High
Apr 10, 2021 (9 days ago)
$12.86
36.87%
All Time Low
Dec 04, 2020 (4 months ago)
No Data
Mirror Protocol ROI
No Data
Mirror Protocol Supply
Circulating Supply56,230,739 MIR
Total Supply370,575,000 MIR
Max SupplyNo Data