- #3181
Mirror Protocol MIR
MIR Price
Market Cap
$1.93 MRank #3181FDV
$9.18 MRank #3944Investors
X Followers
Detailed Performance
MIR shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
MIR to USD Converter
Price History
- All-Time High
- $12.90520.58x to ATH
- All-Time Low
- $0.0097912.53x to ATL
- Trade Launch Date
- 4 Dec, 2020
1487 days ago
Fundraising
See more- ICO Price
- --
- Funds Raised
- --
- Tokens Sold
- 18.30 M MIR
Exchanges
Exchanges type
About MIR
Mirror Protocol is a decentralized finance (DeFi) protocol built on the Terra network. It allows users to create synthetic assets called Mirrored Assets (mAssets) that mirror the price movements of real-world assets like stocks. By using smart contracts, Mirror Protocol enables traders worldwide to access price exposure to various assets without actually owning or transacting with the real assets. It aims to provide a permissionless and community-governed platform for users to participate in wealth creation from major asset classes.
What makes Mirror Protocol unique?
Mirror Protocol is unique compared to other cryptocurrencies for several reasons:
1. Synthetic Assets: Mirror Protocol allows users to create and trade synthetic assets called mAssets. These mAssets replicate the price movements of real-world assets like stocks, commodities, and ETFs. This enables users to gain exposure to traditional financial markets without actually owning the underlying assets.
2. Cross-Chain Compatibility: Mirror Protocol is designed with interchain operability in mind. It can be accessed on both the Terra blockchain and Ethereum blockchain. This means that assets bought or minted on Mirror can be easily transferred to Ethereum and vice versa, allowing for seamless cross-chain trading and liquidity.
3. Limit Orders: Mirror Protocol recently expanded its protocol design to include limit orders. This feature allows users to set specific price targets for buying or selling mAssets, enabling more advanced trading strategies and automation.
4. Strong Community and Governance: Mirror has a vibrant and growing community that actively provides valuable input and suggestions for improving the protocol. The governance design incentives ensure that community members have a say in the decision-making process, leading to a more decentralized and community-driven platform.
5. Listing and Partnerships: Mirror Protocol has expanded its reach by listing on prominent exchanges and partnering with other protocols on both Ethereum and Binance Smart Chain (BSC). This increases accessibility and liquidity for users and strengthens the overall ecosystem.
Overall, Mirror Protocol's combination of synthetic assets, cross-chain compatibility, advanced trading features, strong community, and strategic partnerships make it a unique and versatile platform in the cryptocurrency space.
Live Mirror Protocol Price Data
The current price of Mirror Protocol (MIR) is approximately $0.02478, reflecting a increase of 3.50% in the last 24 hours. The MIR trading volume in the last 24 hours stands at $123,231.00. Mirror Protocol's market cap is currently $1.93 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of MIR is 77.74 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Mirror Protocol's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on MIR, check out our crypto insights page.
Official Links
MIR to USD Converter
Price History
- All-Time High
- $12.90520.58x to ATH
- All-Time Low
- $0.0097912.53x to ATL
- Trade Launch Date
- 4 Dec, 2020
1487 days ago
Fundraising
See more- ICO Price
- --
- Funds Raised
- --
- Tokens Sold
- 18.30 M MIR