OPEN

Open Custody Protocol price 
OPEN

$0.02935  

12.85% (1d)

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Open Custody Protocol statistics
Market cap
 

12.85%

$22,448,369
#898
Volume (24h)
 

27.65%

$1,745,948
#949
Volume/Market cap (24h)
 
7.78%
Circulating supply
 
764,929,504 OPEN
Total supply
 
1,293,774,534 OPEN
Max. supply
 
--
Fully diluted market cap
 
$37,968,372
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USD
Price performance
24h 
Low
$0.02594
High
$0.03115
All-time high
Nov 18, 2021 (3 years ago)
$9.77
-99.7%
All-time low
Aug 31, 2021 (3 years ago)
 
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Popularity
In watchlists54,025x
737th / 10.1K
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About Open Custody Protocol

What is Open Custody Protocol? *Former QRDO*

OCP introduces an innovative relayer mechanism that seamlessly connects applications to a modular permissionless custody protocol. OCP operates a protocol that acts akin to a mesh network, enabling an end-user to leverage a diverse set of key management protocols. We call this “Keychain Aggregation”. Building a protocol that solves for Keychain Aggregation not only simplifies the way developers can build, abstracting risk and complexity, but it also harmonizes and aggregates the economics associated with having multiple bilateral commercial relationships.

With OCP, we have a new custody primitive that embraces (1) modularity, in connecting key management solutions, and (2) decentralisation, in the way users can access key generation and transaction signing services. We are particularly excited to pioneer this, witnessing existing security and custody solutions struggle to adapt to the ongoing proliferation of chains. Additionally, with the impending tokenization of Real World Assets (RWAs) - potentially mobilizing over trillions of dollars into the blockchain ecosystem - the demand for versatile and modular solutions is clear and present.

 
 
 
 
 
 

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