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Rank #3845

Cover Protocol Price

COVER

$0.5744

0%

฿0.00000817

0%

Cover Protocol Price Chart (COVER)

Price
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Market Stats

Market Cap
$45,479
Fully Diluted Valuation
$47,099
Circulating Supply
79,179
Total Supply
82,000
Volume 24h
$68.93
Price Change (1h)
Price Change (24h)
Price Change (7d)
12.31%
All Time High

Feb 17, 2021

$1,687.11
99.97%
All Time Low

Dec 7, 2023

$0.09
540.44%
Cover Protocol Price Update

Cover Protocol price is $0.5744, down 0.00% in the last 24 hours, and the live market cap is $45,479. It has circulating supply of 79,179 COVER coins and a max supply of 82,000 COVER alongside $68.93 24h trading volume.

Notes

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About Cover Protocol

What is Cover Protocol?

Cover Protocol is a decentralized insurance protocol that allows users to purchase and manage risk in the DeFi space. It provides an automated system for managing risk by allowing users to buy and sell insurance policies on their own terms. The platform uses smart contracts to facilitate the process, ensuring that all transactions are secure and transparent. Cover Protocol also provides a variety of tools for users to monitor their risk exposure, including real-time analytics and reporting. By leveraging blockchain technology, Cover Protocol enables users to access insurance products with greater efficiency than traditional methods.

Cover Protocol’s core mission is to provide a safe and secure way for users to protect their investments from losses due to unforeseen events. The platform offers a wide range of insurance products, including coverage for smart contract bugs, flash loan attacks, liquidations, and more. Users can customize their policies according to their individual needs and preferences. Additionally, Cover Protocol’s built-in incentives encourage users to actively participate in the network by staking COVER tokens.

Cover Protocol is designed with scalability in mind so that it can accommodate increasing demand as DeFi continues to grow. The platform is powered by an open-source codebase which allows developers around the world to contribute new features or improvements. This ensures that Cover Protocol remains up-to-date with the latest trends in DeFi.

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