- #6914
Cover Protocol COVER
COVER Price
Market Cap
$31,695.53Rank #6914FDV
$32,824.60Rank #11948Investors
X Followers
Detailed Performance
COVER shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
COVER to USD Converter
Price History
- All-Time High
- $1,687.114215x to ATH
- All-Time Low
- $0.29691.35x to ATL
- Trade Launch Date
- 20 Nov, 2020
1492 days ago
Exchanges
Exchanges type
About COVER
Cover Protocol is a decentralized finance (DeFi) protocol that provides coverage for smart contracts and protocols against potential security risks and vulnerabilities. It allows users to purchase coverage for their crypto assets, protecting them from potential losses in the event of hacks, exploits, or other security breaches. The protocol utilizes a peer-to-peer marketplace where users can buy and sell coverage using the native token, COVER. Additionally, Cover Protocol offers a liquidity mining program, where users can provide liquidity and earn rewards in return. The protocol has undergone updates and changes over time, including the launch of Cover Protocol V2 and the introduction of new coverage pools for various blue-chip protocols.
What makes Cover Protocol unique?
Cover Protocol is unique compared to other cryptocurrencies because it focuses on providing coverage for smart contract risks. It allows users to purchase coverage (CLAIM tokens) for potential vulnerabilities or exploits in underlying risks. When an accepted exploit occurs, users can redeem their CLAIM tokens for collateral. This customizable approach to risk coverage sets Cover Protocol apart from other cryptocurrencies that primarily focus on trading or speculative functions. Additionally, Cover Protocol has implemented liquidity mining programs and offers coverage for popular blue-chip protocols, further enhancing its unique value proposition in the crypto space.
Live Cover Protocol Price Data
The current price of Cover Protocol (COVER) is approximately $0.4003, reflecting a increase of 34.72% in the last 24 hours. The COVER trading volume in the last 24 hours stands at $266,208.43. Cover Protocol's market cap is currently $31,695.53, accounting for about < 0.01% of the total crypto market cap. The circulating supply of COVER is 79,179.46.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Cover Protocol's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on COVER, check out our crypto insights page.
Official Links
COVER to USD Converter
Price History
- All-Time High
- $1,687.114215x to ATH
- All-Time Low
- $0.29691.35x to ATL
- Trade Launch Date
- 20 Nov, 2020
1492 days ago