DropsTab logo - blue line depicting the shape of a water drop with Christmas decoration
M. Cap: $2.67 T -0.86%24h Vol: $126.04 B -20.16%BTC: $70,030.01 -1.23%ETH: $3,545.03 -1.24%S&P 500: $5,256.71 0.17%Gold: $2,232.75 1.79%BTC Dominance: 51.63%
  • #589

Sovryn SOV

SOV Price

$1.61-8.21%
Price Range--
--

Market Cap 

$74.47 MRank #589

FDV 

$161.28 MRank #564

Investors

Twitter Followers

Detailed Performance

SentimentBearish

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

Trading Pair1h24h7d1m3m1y
SOV/USD
-0.30%-8.11%-12.75%-28.17%144.66%92.50%
-0.23%-7.32%-17.61%-35.55%48.83%-21.47%
-0.62%-7.08%-13.83%-29.42%62.36%-0.87%
-1.02%-6.76%-15.62%-39.02%71.29%-19.25%

SOV to USD Converter

SOV

Price History

All-Time High
$44.24
27.43x to ATH
All-Time Low
$0.1673
9.64x to ATL
Trade Launch Date
14 Jun, 2021
1018 days ago

Fundraising

See more
0.32xUSD ROI
0.22xBTC ROI
0.14xETH ROI
ICO Price
$5.00
Funds Raised
$29.00 M
Tokens Sold
2.00 M SOV

Exchanges

Exchanges type

Gate.io
SOV/USDT
$1.61$178,676.8254.054%Recently
Uniswap (v3)
SOV/WETH
$1.63$101,523.6730.713%Recently
Uniswap V2 (Ethereum)
SOV/WETH
$1.59$21,540.796.517%Recently
MEXC
SOV/USDT
$1.62$14,408.164.359%Recently
Gate.io
SOV/BTC
$1.61$14,404.344.358%Recently

About SOV

Sovryn is a decentralized finance (DeFi) platform built on the RSK blockchain. It functions as a financial operating system with a user-friendly website, allowing users to lend, borrow, and trade cryptocurrencies. Sovryn also has its native token called $SOV, which is used for voting within the protocol to ensure decentralized governance. The platform aims to provide financial sovereignty to its users and offers features such as a lending platform and a decentralized exchange (DEX) automated market maker (AMM) similar to Uniswap or Sushiswap. For more detailed information, you can read Sovryn's black paper.

What makes Sovryn unique?

Sovryn stands out in the cryptocurrency space for several reasons. Firstly, it is known as one of the fastest-growing decentralized finance (DeFi) ecosystems built on the Bitcoin blockchain. This sets it apart from many other cryptocurrencies that are primarily built on the Ethereum blockchain.
Additionally, Sovryn offers a wide range of features, making it one of the most feature-rich DeFi platforms available. It combines the functionalities of popular DeFi protocols like Maker, Aave, BZX, and Uniswap, all within a single protocol/platform.
Another unique aspect of Sovryn is its focus on security and trustlessness. It operates on the RSK sidechain, allowing for secure and decentralized transactions. This is further enhanced by its integration with the Bitcoin blockchain, known for its robust security.
Furthermore, Sovryn boasts lower gas fees compared to many other DeFi platforms, thanks to its use of the RSK sidechain. This makes it more accessible and cost-effective for users to participate in the Sovryn ecosystem.
Lastly, Sovryn is backed by industry leaders, which adds credibility and support to its development and growth. This further distinguishes it from other cryptocurrencies that may lack such strong backing.
Overall, Sovryn's combination of being a fast-growing DeFi ecosystem, its rich features, security, lower gas fees, and industry support make it a unique proposition in the cryptocurrency landscape.

Live Sovryn Price Data

The current price of Sovryn (SOV) is approximately $1.61, reflecting a decrease of -8.21% in the last 24 hours. The SOV trading volume in the last 24 hours stands at $328,294.12. Sovryn's market cap is currently $74.47 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of SOV is 45.94 million. 

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

Trending Assets

Nothing in Trending Today