Siren (SI) Price

#5298

$0.01057

4.78%24h
- 0.0005304$
$0.01048 $0.01117
24h Change Range

Market Cap

$237.3K+
4.73%

Volume (24h)

$8.3+

F.D Valuation

1.1M+

Circulating Supply

22.4M+

Total Supply (Est.)

100.0M+

Max. Supply

100.0M
Siren Information

Official Website

siren.xyz
Siren Website

Official Forum

Contract Address

Block Explorers

Main Chain

Platforms

Source Code

Siren (SI) Historical Market

24 Price Range

-

All-Time High

$4.370 99.76%
3/6/2021 11:47 AM

All-Time Low

$0.008387 26.23%
Feb 12 2025

Siren Chart

Siren (SI) Live Market Details and Information

SIREN is a distributed protocol for creating, trading, and redeeming fully-collateralized options contracts for any ERC-20 token on Ethereum. About SIREN Options are a financial primitive from which one can build many different more complex financial instruments. At their core, options give a trader the choice to buy or sell an asset at a predetermined price at a known time in the future. This is useful for protecting one's self (also known as hedging) against possible price changes in the asset, as well as speculating on these price changes. Core Protocol Mechanics SIREN uses a fully-collateralized approach to writing options that doesn’t require any oracles to function. A single MarketsRegistry contract creates and coordinates individual markets. Once a Market contract is created anyone can interact with it in a permissionless manner. The solvency of a position is ensured at all times by the collateral locked in the smart contract. With SIREN, both the long and short side of the contract are tokenized. The buyer’s side (bToken) gives the holder the right to purchase or sell the underlying asset at a predetermined strike priceThe seller’s/writer’s side (wToken) allows the holder to withdraw the collateral (if the option was not exercised) or withdraw the exercise payment (if the option was exercised) from the contract after expiration. When a trader buys a put the on-chain token amount is multiplied by the strike. For example, a 1 WBTC $20K PUT will result in 20,000 bTokens. For the same reason, a put is just a reversed-assets call (e.g. a WBTC/USDC put is actually a USDC/WBTC call).​ Tokenizing both sides of the contract allows SIREN to create secondary markets for both the long and short exposure. Under such a design in order to become a writer one purchases a wToken from the SirenSwap AMM (see below). A writer can also unwind their short exposure by selling the wToken back to the AMM. This streamlines the write-side mechanics by reducing it to essentially purchasing the underlying collateral at discount — as opposed to a typical design where the writer mints long tokens and has to then sell them in order to realize the premium. SirenSwap AMM Bootstrapping liquidity is core to creating a thriving market. Options are notoriously difficult when it comes to that. Not only does liquidity get fractured by combination of strike prices and expirations, it also requires sophistication on the part of liquidity providers in order to ensure fair and sustainable pricing. To ensure liquidity on day 1 the SIREN protocol utilizes a custom SirenSwap AMM that uses a novel combination of a constant-product bonding curve and options minting to trade both bTokens and wTokens. Notably, the AMM doesn’t require any asset in the pool other than bTokens/wTokens in order to trade them against the collateral asset (e.g. WBTC). This increases LP capital efficiency and provides other benefits that we’ll expand on in further posts. The SIREN core team believes that in these early days of Ethereum and DeFi less is more, so they designed SirenSwap to be a model-less market maker. This means there is no complex on-chain pricing formula nor oracle feed required in order for it to function. This makes it easy for anyone to become an LP to potentially earn trading fees.

FAQs About Siren (SI)

The current price of 1 Siren (SI) in USD is $0.01057. This price is currently -99.76% than its all-time high (ATH) of $4.370, and 26.23% than its all-time low (ATL) of $0.008387.
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 Siren’s price.

The market capitalization of Siren (SI) is $237,266.00 as of today.
Siren (SI) is currently ranked #5298 in the market, and this market cap is calculated by multiplying the current price of Siren with the circulating supply.
The circulating supply of Siren (SI) is 22,446,120, meaning there are 22,446,120 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 Siren (SI) 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 Siren (SI)’s official platforms.

The trading volume of Siren (SI) today is $8.330. This represents the total value of Siren (SI) 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, Siren (SI) 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 Siren'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 Siren (SI) to make well-informed trading decisions.

The all-time high (ATH) price of Siren (SI) is $4.370. This ATH was reached on 06 Mar 2021, marking the highest value ever for Siren (SI) in the market. Currently, Siren is lower than its ATH by -99.76%, reflecting a lose since its peak.
ATH values are essential for understanding the maximum market valuation of Siren, 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 Siren (SI) is $0.008387. This ATL was reached on 12 Feb 2025, marking the lowest value ever for Siren (SI). Currently, Siren is higher than its ATL by 26.23%, reflecting a gain since its lowest point.
ATL values are essential for understanding the minimum market valuation of Siren (SI), offering insight into its recovery
and potential for growth. As cryptocurrency prices are volatile, staying updated on the latest trends is important.

To buy Siren (SI), you can follow these steps:
1. Choose a Cryptocurrency Exchange: Siren (SI) is available on several popular cryptocurrency exchanges, such as Changelly Binance, CoinEx, KuCoin, etc. These platforms allow you to trade Siren 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 Siren.
4. Place an Order: After funding your account, navigate to the Siren (SI) trading pair (e.g., Siren/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 Siren 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 Siren (SI).

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