Octans (OCTA) is not tradable on Coinbase.
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Octans Price (OCTA)
Market stats
Octans is on the rise this week. ↗
The price of Octans has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. Octans’s price has also risen by 100.00% in the past week.
Overall
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Market cap
Not enough data
Volume (24h)
Not enough data
Circulating
Not enough data
All time high
Not enough data
Price change
1 hour
↗ 100%
1 day
↗ 100%
1 week
↗ 100%
2 weeks
Not enough data
1 month
↗ 100%
1 year
↗ 100%
1 year benchmarks
Performance
Not enough data
Vs. Market
Not enough data
Vs. BTC
Not enough data
Vs. ETH
Not enough data
About Octans
FAQ
Octans is a decentralized finance (DeFi) platform built on the Binance Smart Chain. Per its whitepaper, the platform was created to combat the concerns of cryptocurrency and the DeFi world like yield farming, liquidity mining, and staking. The token holders must lock their tokens for a specific time to earn profits through these mechanisms. However, as time goes by, the token’s value tends to decrease, and instead of making profits, the token holders end up losing their currency.
The Octans platform employs two main features in its protocol to overcome this problem:
OCTA is the native token of the Octans platform, and it is a deflationary token. Deflationary tokens decrease in total supply over time. Fifty percent of the total supply of OCTA was burned upon launch to make it scarce, resulting in a more stable price floor for the token. Cryptocurrency burning is when a fraction of tokens are sent to a wallet with no private key. This means the tokens are lost forever. Tokens are usually burnt to reduce availability and increase market value.
On the Octans platform, the token holders get to earn more tokens simply by holding them. A total of 8 percent tax is deducted on every transaction. 4 percent is redistributed to all existing token holders as a reward. Another 4 percent is used to add liquidity to the platform, reducing the total number of OCTA in circulation and enhancing the token value.
The roadmap suggests that Octans also has plans to come up with an NFT marketplace in the near future.
Octans was launched in March 2021, and the whitepaper was released in July 2021. The maximum supply of OCTA is one quadrillion tokens.
We update our Octans to USD currency in real-time. Get the live price of Octans on Coinbase.
Assets that have a similar market cap to Octans include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.
Octans Price History
Date | Price | Change |
|---|---|---|
Today (January 24, 2025) | $0.00 | NaN% |
24 hours ago (January 23, 2025) | $0.00 | 100.00% |
1 week ago (January 17, 2025) | $0.00 | 100.00% |
1 month ago (December 24, 2024) | $0.00 | 100.00% |
1 year ago | $0.00 | 100.00% |
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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.
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