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Buy or Exhange Indigo Protocol iUSD at the Best Market Price Today.
Indigo Protocol iUSD Chart
iUSD is Cardano’s first fault-tolerant and fully collateralized native stablecoin released in November of 2022 as part of Indigo Protocol v1. iUSD is pegged to the median value of USDC, TUSD, and USDT; this design allows iUSD to maintain its peg even if one of the three stablecoins (USDC, TUSD, and USDT) depegs. The Indigo Protocol is a CDP (Collateralized Debt Position) based DeFi protocol that brings capital-efficient synthetic assets to the Cardano ecosystem. Users can purchase iUSD from a DEX just like any Cardano native asset, or can mint iUSD within the Indigo Protocol by depositing ADA as collateral. When users mint iUSD within the Indigo Protocol, they must deposit sufficient ADA such that their CDP remains above the applicable Minimum Collateralization Ratio (MCR) - meaning a user deposits collateral in the form of ADA that ensures over-collateralization. If the value of a user's ADA collateral begins to decrease toward the MCR, a user can choose to add more collateral to keep their iUSD position above the MCR. If a user’s collateral becomes worth less than the MCR of their iUSD debt, the Indigo Stability Pool providers will allow the user to keep their iUSD but will exchange Stability Pool iUSD for the user’s higher value ADA collateral. Thereby ensuring that iUSD remains overcollateralized and that the Indigo Protocol remains solvent via its efficient liquidation process. Unique to Indigo, users still receive their ADA staking rewards from stake pool delegation while ADA is being used as collateral in a CDP. This CDP Liquid Staking feature presents a unique use case for iUSD in trading strategies. The Indigo DAO controls the iUSD parameters and can therefore vote to raise or lower the Minimum Collateralization Ratio for iUSD and all Indigo iAssets.
The current price of 1 Indigo Protocol iUSD in USD is $0.9858.
This price is currently -14.38% than its all-time high (ATH) of $1.150,
and 120384208.69% than its all-time low (ATL) of $0.000000819.
Please note that cryptocurrency prices are highly volatile and can change rapidly depending on market conditions,
investor sentiment, and exchange platform variations. It's important to stay updated with the latest market trends to understand the fluctuations in Indigo Protocol iUSD’s price.
The market capitalization of Indigo Protocol iUSD is $0.00E+000 as of today.
Indigo Protocol iUSD is currently ranked # in the market, and this market cap is calculated by multiplying the current price of Indigo Protocol iUSD with the circulating supply.
The circulating supply of Indigo Protocol iUSD is 0, meaning there are 0 tokens in circulation.
It is important to note that the market cap can fluctuate significantly due to the volatility of cryptocurrency prices, as well as changes in the circulating supply based on mining or token burns.
The market cap reflects the overall value of Indigo Protocol iUSD in the market and provides an insight into its market dominance and potential for future growth. For the most accurate and up-to-date information, always check the latest market updates on Indigo Protocol iUSD’s official platforms.
The trading volume of Indigo Protocol iUSD today is $157,618.00.
This represents the total value of Indigo Protocol iUSD transactions in the market over the last 24 hours.
A higher trading volume indicates strong market activity, liquidity, and interest in the token.
As of now, Indigo Protocol iUSD is being actively traded across several exchanges, with buyers and sellers participating in high - frequency transactions.
The trading volume metric, which plays a vital role in market assessment, reveals the extent of Indigo Protocol iUSD's market activity and liquidity. Market interest remains strong when trading volumes are high because considerable trading activity means individual transactions have a limited impact on market price. coin.Name stands out as the most actively traded cryptocurrency because of its large trading volume. Institutions and people use it to sell and store monetary value.
Monitoring trading volume is crucial as it helps identify trends in market sentiment, potential price volatility, and overall token demand.
Stay informed about the latest updates on Indigo Protocol iUSD to make well-informed trading decisions.
The all-time high (ATH) price of Indigo Protocol iUSD is $1.150.
This ATH was reached on 23 Nov 2024, marking the highest value ever for Indigo Protocol iUSD in the market.
Currently, Indigo Protocol iUSD is lower than its ATH by -14.38%,
reflecting a lose since its peak.
ATH values are essential for understanding the maximum market valuation of Indigo Protocol iUSD, offering insight into its performance
and potential growth trajectory. As cryptocurrency prices are volatile, it's crucial to stay updated on the latest trends.
The all-time low (ATL) price of Indigo Protocol iUSD is $0.000000819.
This ATL was reached on 11 Jan 2024, marking the lowest value ever for Indigo Protocol iUSD.
Currently, Indigo Protocol iUSD is higher than its ATL by 120384208.69%,
reflecting a gain since its lowest point.
ATL values are essential for understanding the minimum market valuation of Indigo Protocol iUSD, offering insight into its recovery
and potential for growth. As cryptocurrency prices are volatile, staying updated on the latest trends is important.
To buy Indigo Protocol iUSD, you can follow these steps:
1. Choose a Cryptocurrency Exchange: Indigo Protocol iUSD is available on several popular cryptocurrency exchanges, such as Changelly Binance, CoinEx, KuCoin, etc. These platforms allow you to trade Indigo Protocol iUSD against various cryptocurrencies or fiat currencies like USD, EUR, and more.
2. Create an Account: Sign up on the exchange of your choice by providing the necessary details such as email, password, and KYC (Know Your Customer) verification.
3. Deposit Funds: Once your account is set up, deposit funds via bank transfer, credit card, or another supported payment method. Make sure you have USD or any other preferred currency in your exchange account to purchase Indigo Protocol iUSD.
4. Place an Order: After funding your account, navigate to the Indigo Protocol iUSD trading pair (e.g., Indigo Protocol iUSD/USD) and place an order to buy. You can choose a market order for immediate execution or a limit order to buy at your desired price.
5. Store Your Coins Securely: After purchase, it's important to store your Indigo Protocol iUSD in a secure wallet. You can use the exchange wallet or transfer your coins to a private wallet for added security.
Note: Cryptocurrency investments are volatile. Ensure you do thorough research and consider risks before purchasing Indigo Protocol iUSD.
We make every effort to provide the latest market data. However, we cannot guarantee its absolute accuracy.
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Buy or Exhange Indigo Protocol iUSD (IUSD) at the Best Market Price Today.