- #982
Ribbon Finance RBN
RBN Price
Market Cap
$38.42 MRank #982FDV
$394.10 MRank #304Investors
X Followers
Detailed Performance
RBN shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods
RBN to USD Converter
Price History
- All-Time High
- $5.5414.06x to ATH
- All-Time Low
- $0.12393.18x to ATL
- Trade Launch Date
- 7 Oct, 2021
1170 days ago
Fundraising
See more- ICO Price
- --
- Funds Raised
- $8.80 M
- Tokens Sold
- 30.00 M RBN
Exchanges
Exchanges type
Upcoming Events
About RBN
Ribbon Finance is a platform that offers decentralized options vaults and lending services. They aim to provide users with sustainable yields through their innovative financial products. They recently partnered with Paradigm to improve their auction process and leverage Paradigm's liquidity network for crypto options. Ribbon Finance has also seen significant growth in their vaults, with over $300 million in total value locked (TVL). They offer products like the T-BNB-C vault, which generates yield through an automated WBNB covered call strategy. Additionally, they have implemented a bond OTC methodology to provide early liquidity to bondholders.
What makes Ribbon Finance unique?
Ribbon Finance offers unique features that set it apart from other cryptocurrencies. One of its key distinguishing factors is its focus on decentralized options vaults (DOV) and lending. Ribbon Finance allows users to earn sustainable yield through these decentralized options vaults, which generate yield by running automated strategies like covered calls. This provides users with an opportunity to earn consistent returns on their investments.
Additionally, Ribbon Finance has partnered with Paradigm as their first DOV integration. This partnership aims to improve the auction process and leverage Paradigm's liquidity network for crypto options. By leveraging this liquidity network, Ribbon Finance aims to enhance its flow and provide a better trading experience for its users.
Furthermore, Ribbon Finance has experienced significant growth in its vaults, with over $300 million in total value locked (TVL). This growth demonstrates the trust and confidence that users have in the platform.
Lastly, Ribbon Finance has implemented a unique methodology called the RBN Bond OTC Methodology. This methodology allows the treasury to perform OTC transactions with Ribbon bondholders, providing early liquidity for bondholders in exchange for interest accrued to the treasury.
Overall, Ribbon Finance stands out by offering innovative solutions in the DOV and lending space, partnering with industry leaders, experiencing significant growth, and implementing unique methodologies to benefit its users.
Live Ribbon Finance Price Data
The current price of Ribbon Finance (RBN) is approximately $0.3941, reflecting a increase of 4.26% in the last 24 hours. The RBN trading volume in the last 24 hours stands at $470,954.52. Ribbon Finance's market cap is currently $38.42 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of RBN is 97.50 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Ribbon Finance's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on RBN, check out our crypto insights page.
Official Links
RBN to USD Converter
Price History
- All-Time High
- $5.5414.06x to ATH
- All-Time Low
- $0.12393.18x to ATL
- Trade Launch Date
- 7 Oct, 2021
1170 days ago
Fundraising
See more- ICO Price
- --
- Funds Raised
- $8.80 M
- Tokens Sold
- 30.00 M RBN