RBN

Ribbon FinanceRBN

Rank #186
Token
On 12,206 watchlists

Ribbon Finance Price (RBN)

$0.2366
3.46%

0.00001029 BTC3.18%

0.0001506 ETH3.66%

Low:$0.2261
High:$0.2423
24h
RBN  Ribbon Finance RBN
Price:
$0.2366
 3.46%
Market Cap
$125,804,112
3.46%
24h Volume / Market Cap
0.0082
Fully Diluted Market Cap
$236,604,359
3.46%
Volume
24h
$1,032,799
94.00%
CEX Vol
$525,624
DEX Vol
$507,175
Circulating Supply
531,706,655 RBN
53%
Max Supply
1,000,000,000
Total Supply
1,000,000,000
Sponsored

Ribbon Finance to USD Chart

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RBN to USD Converter

RBN

Ribbon Finance

USD

United States Dollar

RBN Price Statistics

Ribbon Finance Price Today
Ribbon Finance Price$0.2366
Price Change24h+$0.007903
3.46%
24h Low / 24h High
$0.2261 /
$0.2423
Trading Volume24h$1,032,799
94.00%
Volume / Market Cap0.00821
Market Dominance0.01%
Market Rank#186
Ribbon Finance Market Cap
Market Cap$125,804,112
3.46%
Fully Diluted Market Cap$236,604,359
3.46%
Ribbon Finance Price Yesterday
Yesterday's Low / High
$0.2261 /
$0.2303
Yesterday's Open / Close
$0.2273 /
$0.2289
Yesterday's Change

0.70%

Yesterday's Volume$462,691
Ribbon Finance Price History
7d Low / 7d High
$0.2261 /
$0.2663
30d Low / 30d High
$0.1621 /
$0.2921
90d Low / 90d High
$0.152 /
$0.3541
52 Week Low / 52 Week High
$0.152 /
$2.45
All Time High
Oct 07, 2021 (a year ago)
$4.89

95.16%

All Time Low
Nov 22, 2022 (2 months ago)
$0.152

55.69%

Ribbon Finance ROI
No Data
Ribbon Finance Supply
Circulating Supply531,706,655 RBN
Total Supply1,000,000,000 RBN
Max Supply1,000,000,000 RBN

RBN to USD Converter

RBN

Ribbon Finance

USD

United States Dollar

RBN Price Live Data

The live Ribbon Finance price today is $0.236604 USD with a 24-hour trading volume of $1,032,799 USD. We update our RBN to USD price in real-time. Ribbon Finance is up 3.46% in the last 24 hours. The current CoinMarketCap ranking is #186, with a live market cap of $125,804,112 USD. It has a circulating supply of 531,706,655 RBN coins and a max. supply of 1,000,000,000 RBN coins.

If you would like to know where to buy Ribbon Finance at the current rate, the top cryptocurrency exchanges for trading in Ribbon Finance stock are currently BTCEX, Bitget, BTSE, Coinbase Exchange, and MEXC. You can find others listed on our crypto exchanges page.

What is Ribbon Finance?

Ribbon uses financial engineering to create structured products that deliver sustainable yield. Ribbon's first product focuses on yield through automated options strategies. The protocol also allows developers to create arbitrary structured products through combining various DeFi derivatives.

Structured products are packaged financial instruments that use a combination of derivatives to achieve some specific risk-return objective, such as betting on volatility, enhancing yields or principal protection.

Theta Vault is a new product that automates a covered call strategy to earn high yield on ETH. The vault runs a covered call strategy and sells out of the money call options on a weekly basis for yield.

The primary risk for running this strategy is that depositors could potentially give up upside in exchange for guaranteed yield. By selling a call option, users are basically promising to sell the asset at the strike price, even if it goes above it (a.k.a selling early). Because of this, if the price of the asset moves up significantly in a short period of time, it is possible for depositors to have "negative yield" on their ETH.

However, this only happens if ETH/USD appreciates significantly, so depositors will still be up in USD terms. The vault also sells call options that are very out of the money, which means there is a relatively low chance of the options getting exercised.

Security

The smart contracts are audited by OpenZeppelin, Peckshield, ChainSafe and Quantstamp. Despite that, users are advised to exercise caution and only risk funds they can afford to lose.

RBN to USD Converter

RBN

Ribbon Finance

USD

United States Dollar

RBN Price Statistics

Ribbon Finance Price Today
Ribbon Finance Price$0.2366
Price Change24h+$0.007903
3.46%
24h Low / 24h High
$0.2261 /
$0.2423
Trading Volume24h$1,032,799
94.00%
Volume / Market Cap0.00821
Market Dominance0.01%
Market Rank#186
Ribbon Finance Market Cap
Market Cap$125,804,112
3.46%
Fully Diluted Market Cap$236,604,359
3.46%
Ribbon Finance Price Yesterday
Yesterday's Low / High
$0.2261 /
$0.2303
Yesterday's Open / Close
$0.2273 /
$0.2289
Yesterday's Change

0.70%

Yesterday's Volume$462,691
Ribbon Finance Price History
7d Low / 7d High
$0.2261 /
$0.2663
30d Low / 30d High
$0.1621 /
$0.2921
90d Low / 90d High
$0.152 /
$0.3541
52 Week Low / 52 Week High
$0.152 /
$2.45
All Time High
Oct 07, 2021 (a year ago)
$4.89

95.16%

All Time Low
Nov 22, 2022 (2 months ago)
$0.152

55.69%

Ribbon Finance ROI
No Data
Ribbon Finance Supply
Circulating Supply531,706,655 RBN
Total Supply1,000,000,000 RBN
Max Supply1,000,000,000 RBN