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M. Cap$2.39 T -1.40%24h Vol$101.49 B -21.32%BTC$64,913.99 -1.55%ETH$3,431.81 -1.74%S&P 500$5,590.33 -1.40%Gold$2,462.24 -0.70%BTC Dominance53.37%
  • #2039

Oiler OIL

OIL Price

$0.0509-0.35%
Price Range--
--

Market Cap 

$1.54 MRank #2039

FDV 

$5.09 MRank #1757

Investors

Twitter Followers

Detailed Performance

SentimentBearish

OIL shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods

Trading Pair1h24h7d1m3m1y
OIL/USD
0.37%-0.35%-3.10%-4.41%159.55%104.31%
0.07%1.22%-12.69%-3.87%146.87%-4.49%
0.00%1.42%-11.74%-5.02%126.72%14.19%
0.16%1.01%-12.55%-7.66%187.67%16.64%
0.42%-0.06%-18.63%-21.16%157.89%12.12%

OIL to USD Converter

OIL

Price History

All-Time High
$6.65
130.65x to ATH
All-Time Low
$0.01351
3.77x to ATL
Trade Launch Date
6 May, 2021
1168 days ago

Fundraising

See more
0.02xUSD ROI
0.02xBTC ROI
0.02xETH ROI
ICO Price
$2.93
Funds Raised
--
Tokens Sold
15.40 M OIL

Exchanges

Exchanges type

Uniswap V2 (Ethereum)
OIL/USDC
$0.0509$375.98100.000%Recently

About OIL

Oiler is a protocol for blockchain native derivatives that allows users to hedge their risks against volatility and protocol risks. It is built upon the concept of options trading. The protocol uses the Oiler Token Liquidity Bootstrapping Event (LBP) as a token price discovery mechanism, but it is not a token sale or offering. Oiler does not receive any proceeds from the LBP, and assets contributed to the LBP cannot be redeemed or withdrawn by Oiler. The protocol routes the assets to the Uniswap OIL-USDC pool, where they remain indefinitely.

What makes Oiler unique?

Oiler is unique compared to other cryptocurrencies because it is a protocol specifically designed for blockchain native derivatives. It allows users to hedge their risks against volatility and protocol risks. Oiler's focus on derivatives sets it apart from other cryptocurrencies that may primarily serve as a medium of exchange or store of value. Additionally, Oiler utilizes the Oiler Token Liquidity Bootstrapping Event (LBP), which is a token price discovery mechanism that ensures a fair distribution of tokens without a traditional token sale or offering. This unique approach to token distribution adds to Oiler's distinctiveness.

Live Oiler Price Data

The current price of Oiler (OIL) is approximately $0.0509, reflecting a decrease of -0.35% in the last 24 hours. The OIL trading volume in the last 24 hours stands at $375.98. Oiler's market cap is currently $1.54 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of OIL is 30.34 million.

For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Oiler's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on OIL, check out our crypto insights page.

Official Links

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