UA-109208733-1

COVER Price

All About COVER Protocol

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Price to USD$
Rank15150
24h Volume-
Market Cap-
Fully Diluted Market Cap-
All-time high$1717.07

Past Year of Developer Activity

All repos
Sources
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Core only

Github Stats

About COVER

  • Coin Type

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  • Proof

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  • Hash

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  • Total Transfers

    70,466

  • Holders

    10,258

  • Inflation

  • Jurisdiction

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  • Hard Cap

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  • Mineable

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  • Premined

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  • ICO Price (USD)

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  • ICO Price (ETH)

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  • ICO Price (BTC)

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  • ICO Start Date

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  • ICO End Date

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  • Total USD Raised

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What is COVER

COVER is the cross-chain utility token for Cover Protocol, a peer-to-peer decentralized finance (DeFi) insurance marketplace allowing users to purchase coverage against smart contract risks with policy prices determined by market value. Each Cover contract specifies the DeFi protocol to be covered, the preferred collateral, the required deposit amount, and the expiration date of policy. Users can stake collateral to mint CLAIM tokens (redeemable if an exploit occurs) or NOCLAIM tokens (redeemable if no exploit occurs) using a predictions market model to determine coverage premiums. In September 2021, it was announced that Cover Protocol would cease operations. COVER tokens were primarily used to vote in community-submitted proposals and to reward liquidity providers through the Shield Mining program.

COVER Depth Chart

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COVER Breakdown

COVER Price Chart

MarketExchangePriceVolume 24hLiquidity ±2%
Market Depth

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15150
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79.180 K
82.000 K
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99.15%
$0.086654
$10.19
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Cover Protocol is shutting down following the departure of its core development team.