Conic (CNC) price has increased today.
The price of Conic (CNC) is $2.05 today with a 24-hour trading volume of $39,279.86. This represents a 1.60% price increase in the last 24 hours and a 4.00% price increase in the past 7 days. With a circulating supply of 4.8 Million CNC, Conic is valued at a market cap of $9,888,555.
What is Conic?
Conic is a protocol on Ethereum that introduces "Omnipools", which are liquidity pools where users can deposit a single asset. Each Omnipool allocates liquidity to a set of whitelisted Curve pools. The distribution between the Curve pools is determined by liquidity allocation weights which represent the share of an Omnipool's total liquidity that should be supplied to each Curve pool. Liquidity providers (LPs) of an Omnipool can gain exposure to multiple Curve pools via a single Omnipool LP token.
What is CNC?
CNC is the governance token for Conic Finance. In order to participate in Conic governance, holders of CNC must lock their CNC for vote-locked CNC (vlCNC).
How does locking CNC work?
CNC can be locked for a period of four to eight months in exchange for vote-locked CNC (vlCNC). The longer users lock their CNC, the higher their vlCNC balance will be. Furthermore, users can provide liquidity in a Conic Omnipool which applies an additional boost to their vlCNC balance.
How does Conic governance work?
Every two weeks vlCNC holders can vote on how each Conic Omnipool should allocate its liquidity across different Curve pools during what is called a liquidity allocation vote. Each liquidity allocation vote takes place on the Conic Snapshot where users can allocate their voting power to whichever Curve pools they'd like liquidity to be allocated to.
Where can you buy Conic?
CNC tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade Conic is MEXC, where the most active trading pair CNC/USDT has a trading volume of $28,022.21 in the last 24 hours. Other popular options include Curve (Ethereum) and CoinEx.
What is the daily trading volume of Conic (CNC)?
The trading volume of Conic (CNC) is $39,279.86 in the last 24 hours, representing a -38.10% decrease from one day ago and signalling a recent fall in market activity.
What is the all-time high for Conic (CNC)?
The highest price paid for Conic (CNC) is $12.22, which was recorded on Mar 01, 2023 (7 months). Comparatively, the current price is -83.20% lower than the all-time high price.
What is the all-time low for Conic (CNC)?
The lowest price paid for Conic (CNC) is $0.407986, which was recorded on Sep 19, 2022 (about 1 year). Comparatively, the current price is 402.30% higher than the all-time low price.
What is the market cap of Conic (CNC)?
Market capitalization of Conic (CNC) is $9,888,555 and is ranked #883 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of CNC tokens (4.8 Million tokens are tradable on the market today).
What is the fully diluted valuation of Conic (CNC)?
The fully diluted valuation (FDV) of Conic (CNC) is $20,436,701. This is a statistical representation of the maximum market cap, assuming the maximum number of 10 Million CNC tokens are in circulation today. Depending on how the emission schedule of CNC tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Conic compare against its peers?
With a price increase of 4.00% in the last 7 days, Conic (CNC) is outperforming the global cryptocurrency market which is down -0.70%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.
What is the market sentiment of Conic today?
There are no votes on Conic (CNC) today. Be the first to vote and share this with your community.
How to add Conic (CNC) to MetaMask?
Adding Conic (CNC) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import CNC as a token. You can copy CNC’s contract address (0x9ae380f0272e2162340a5bb646c354271c0f5cfc) and import it manually, or if you've installed MetaMask's chrome extension, add CNC to MetaMask with one click on CoinGecko.
Add CNC to MetaMask.
