- #3473
Oiler OIL
OIL Price
Market Cap
$1.38 MRank #3473FDV
$4.53 MRank #4467Investors
X Followers
Detailed Performance
OIL shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
OIL to USD Converter
Price History
- All-Time High
- $6.65146.67x to ATH
- All-Time Low
- $0.013513.36x to ATL
- Trade Launch Date
- 6 May, 2021
1325 days ago
Fundraising
See more- ICO Price
- $2.93
- Funds Raised
- --
- Tokens Sold
- 15.40 M OIL
Exchanges
Exchanges type
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 Oiler does not receive any proceeds from the LBP, and assets contributed to the LBP cannot be redeemed or withdrawn by Oiler.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 $0.04534, reflecting a increase of 14.63% in the last 24 hours. The OIL trading volume in the last 24 hours stands at $657.25. Oiler's market cap is currently $1.38 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
OIL to USD Converter
Price History
- All-Time High
- $6.65146.67x to ATH
- All-Time Low
- $0.013513.36x to ATL
- Trade Launch Date
- 6 May, 2021
1325 days ago
Fundraising
See more- ICO Price
- $2.93
- Funds Raised
- --
- Tokens Sold
- 15.40 M OIL