Mga Cryptocurrency: 8,727Markets: 35,497Market Cap: ₱80,271,718,522,68024h Dami: ₱6,439,182,170,634Dominance: BTC: 60.6% ETH: 12.7%ETH Gas: 118 Gwei
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Market Cap: ₱80,271,718,522,68024h Dami: ₱6,439,182,170,634Dominance: BTC: 60.6% ETH: 12.7%Mga Cryptocurrency: 8,727Markets: 35,497ETH Gas: 118 Gwei
Benchmark ProtocolMARK
Rank #620
Token
On 2,201 watchlists
Presyo ng Benchmark Protocol (MARK)
₱64.92
4.21%0.00002489 BTC9.64%
0.0007335 ETH8.58%
Benchmark Protocol MARKPrice: ₱64.92 4.21%Market Cap
₱1,137,930,780
3.02%Fully Diluted Market Cap
₱5,597,201,585
4.21%Dami
24h
₱41,322,687
69.96%Umiikot na Supply
17,527,268 MARK
Sagad na Supply
--
Kabuuang Supply
86,212,319
Sponsored
Benchmark Protocol Links
Explorers
Mga Tag
- DeFi
- Ethereum
- +2
- DeFi
- Ethereum
- Yield farming
- Rebase
Benchmark Protocol Tags
Property
DeFi
Yield farming
Rebase
Platform
Ethereum
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MARK Price Statistics
| Presyo ng Benchmark Protocol | ₱64.92 |
|---|---|
| Price Change24h | ₱-2.85 4.21% |
| 24h Low / 24h High | ₱64.91 / ₱75.68 |
| Trading Volume24h | ₱41,322,686.94 69.96% |
| Market Dominance | 0.00% |
| Ranggo sa Merkado | #620 |
| Market Cap | ₱1,137,930,780.35 3.02% |
|---|---|
| Fully Diluted Market Cap | ₱5,597,201,584.76 4.21% |
Tungkol sa 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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