About IPOR
IPOR, the Inter Protocol Over-block Rate, is the heartbeat of DeFi credit markets. It is the first attempt in DeFi to establish a yield curve representing the average cost of borrowing in DeFi with information published on-chain by the largest credit market protocols in DeFi - Aave and Compound. The IPOR Protocol consists of two main parts: 1. A benchmark interest rate for DeFi (“The Index”). Currently available for USDT, USDC, and DAI (ETH coming up). These are calculated and published on-chain are public goods in the Ethereum ecosystem. 2. A suite of interest rate derivative DEXes (“The IRDs”) that quote rates for 28-day interest rate swaps for the above markets. The IPOR Index Currently, there are three IPOR rates for USDC, USDT, and DAI which have essentially different rate behavior. An IPOR ETH rate is on the horizon. These are all currently spot rates, as there is really no yield curve in DeFi, and the lack of the yield curve presents the index with a huge market opportunity. The IRDs The first instrument to reference the IPOR rates is a 4 week IRS. It takes the best of DeFi incorporating a liquidity pool and an AMM. The liquidity pool is a passive underwriter for like asset. The AMM prices the instruments based on a few different quant models broken down into something cheap enough to run on Ethereum. The taker is quoted a fixed rate, the floating rate is the IPOR (printed on chain via an oracle). IPOR plans to mature into a fully community-driven DAO. IPOR Labs will transfer ownership into the IPOR DAO, and complete ownership and control of the IPOR Protocol will be in the IPOR token holders. IPOR labs will continue to participate and make proposals; however, the ultimate approval will be in a decentralized manner via the DAO.
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Market Stats
Market Cap
$2,114,543.71
7.38%
FDV
$7,353,989.73
Circulating Supply
28,753,694.151 IPOR
Max Supply
100,000,000 IPOR
Total Supply
28,753,694.151 IPOR
Diluted Valuation
$7,338,083.00
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$19,299.43
-0.66%
Volume (7D)
$250,242.81
Volume (30D)
$905,806.54
All time high
$8.09
Overall Price Change (1Y)
-0.94%
Additional info about IPOR
Recent trends
The price of IPOR has decreased by 0.06% in the last hour and increased by 8.10% in the past 24 hours. IPOR’s price has also risen by 19.41% in the past week. The current price is $0.0735 per IPOR with a 24-hour trading volume of $19.30K. Currently, IPOR is valued at 99.09% below its all time high of $8.09. This all-time high was the highest price paid for IPOR since its launch. The current circulating supply of IPOR is 28,753,694.151 IPOR which means that IPOR has as total market cap of $2,114,543.71.
Market details
IPOR vs markets
↘ 94.38%
IPOR vs BTC
↘ 95.15%
IPOR vs ETH
↘ 87.67%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x1e4746dC744503b53b4A082cB3607B169a289090 | |
Arbitrum | 0x34229B3f16fBCDfA8d8d9d17C0852F9496f4C7BB | |
Base | 0xbd4e5C2f8dE5065993d29A9794E2B7cEfc41437A |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0735 | ↗ 8.10% |
1 Day | $0.0678 | ↗ 8.10% |
1 Week | $0.0615 | ↗ 19.41% |
1 Month | $0.0722 | ↗ 1.83% |
1 Year | $1.15 | ↘ 93.63% |
FAQ
We update our IPOR to USD currency in real-time. Get the live price of IPOR on Coinbase.
The current market cap of IPOR is $2.11M. A high market cap implies that the asset is highly valued by the market.
The all-time high of IPOR is $8.09. This all-time high is highest price paid for IPOR since it was launched.
Over the last 24 hours, the trading volume of IPOR is $19.30K.
Assets that have a similar market cap to IPOR include BitcoinX, Neoxa, Picasso, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of IPOR is 29 million.
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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.