About Bridge Mutual
Bridge Mutual is a decentralized, discretionary p2p/p2b insurance platform that provides coverage for stablecoins, centralized exchanges, and smart contracts. Its platform allows users to provide insurance coverage, decide on insurance payouts, and get compensated for taking part in the ecosystem.
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Market Stats
Market Cap
$230,694.73
-3.36%
FDV
$570,522.84
Circulating Supply
64,697,071 BMI
Max Supply
160,000,000 BMI
Total Supply
160,000,000 BMI
Total Value Locked
$188,673.62
Diluted Valuation
$554,759.00
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$2,265.42
-0.93%
Volume (7D)
$154,778.17
Volume (30D)
$672,375.97
All time high
$5.47
Overall Price Change (1Y)
-0.49%
Additional info about Bridge Mutual
Recent trends
The price of Bridge Mutual has increased by 0.34% in the last hour and decreased by 1.92% in the past 24 hours. Bridge Mutual’s price has also risen by 13.57% in the past week. The current price is $0.0035 per BMI with a 24-hour trading volume of $2.27K. Currently, Bridge Mutual is valued at 99.94% below its all time high of $5.47. This all-time high was the highest price paid for Bridge Mutual since its launch. The current circulating supply of Bridge Mutual is 64,697,071 BMI which means that Bridge Mutual has as total market cap of $230,694.73.
Market details
BMI vs markets
↘ 56.44%
BMI vs BTC
↘ 62.91%
BMI vs ETH
↘ 4.09%
Tags
insurance
polkastarter
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x725C263e32c72dDC3A19bEa12C5a0479a81eE688 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0035 | ↘ 1.92% |
1 Day | $0.0036 | ↘ 1.92% |
1 Week | $0.0031 | ↗ 13.57% |
1 Month | $0.0032 | ↗ 10.41% |
1 Year | $0.0069 | ↘ 49.01% |
FAQ
Bridge Mutual (BMI) is a decentralized finance platform (DeFi). The DAO-managed discretionary risk coverage platform is based on the Ethereum network. Bridge Mutual is a permissionless as well as a decentralized risk coverage platform. Therefore, it provides risk/insurance coverage for stablecoins, smart contracts, and other services. Moreover, the platform allows users to purchase risk coverage for funds, vote on policy claims, receive compensation, etc.
Bridge seeks to provide coverage of three types: smart contract coverage, stablecoin coverage, and exchange coverage. Stablecoin coverage helps to protect users from price crashes. The platform plans to introduce more traditional coverage in the blockchain network. The Bridge Mutual platform also functions on multi-chains, and hence exchange through its multi-chain strategy is made easy.
The whitepaper states there is a demand for risk-mitigating solutions. Projects generally reduce the risks from bugs, hacks, etc. by hiring third-party smart contract auditors. In order to solve this, the platform provides smart-contract coverage policies for assets. Moreover, Bridge Mutual enables its users to create and provide liquidity for any smart exchange contract at any time in exchange for yield3. The platform also plans to start a dApp and a mobile version for offering rewards to users.
To participate in the platform, users purchase the BMI token and stake in Bridge coverage pools. The token can be used to vote and improve the platform and help it to remain secure, transparent, and competitive. Users may earn BMI tokens by providing coverage in the stablecoins, staking the current BMI token, voting on the coverage claims, and providing liquidity in Uniswap. Users may also receive multi-token rewards and branding benefits on the platform.
Mike Miglio is the cofounder, CEO, and helm of the project. Mike is responsible for all the financial decisions on the platform and token.
We update our Bridge Mutual to USD currency in real-time. Get the live price of Bridge Mutual on Coinbase.
The current market cap of Bridge Mutual is $230.69K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Bridge Mutual is $5.47. This all-time high is highest price paid for Bridge Mutual since it was launched.
Over the last 24 hours, the trading volume of Bridge Mutual is $2.27K.
Assets that have a similar market cap to Bridge Mutual include SimsAI, Edu3Labs, Blend, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Bridge Mutual is 65 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#2533
Contributors
9
Posts
9
% About Bridge Mutual
0.008%
Hold times
0 days
X (Twitter)
100% bullish
Sentiment
53 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
9 unique individuals are talking about Bridge Mutual and it is ranked #2,533 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Bridge Mutual has an average sentiment score of 53 out of 5. Finally, Bridge Mutual is becoming less newsworthy, with 0 news articles published about Bridge Mutual.
On Twitter, people are mostly bullish about Bridge Mutual. There were 100% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Bridge Mutual. 0% of tweets were neutral about Bridge Mutual. These sentiments are based on 1 tweets.
On Reddit, Bridge Mutual was mentioned in 5 Reddit posts and there were 8 comments about Bridge Mutual. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.