Exactly Optimism

EXAOP Price

What is the project about?

Exactly is a decentralized and open-source DeFi protocol that allows users to exchange the value of their crypto assets through deposits easily and borrows with variable and fixed interest rates.

What makes your project unique?

Unlike other fixed rate protocols that determine fixed rates based on the price of various maturity tokens, Exactly Protocol is the first to determine fixed rates based on the utilization rate of pools with different maturity dates. This means the protocol does not need a custom AMM to trade maturity tokens; it only needs a variable rate pool that consistently provides liquidity to the different fixed rate pools.

History of your project:

Exactly Protocol was started in July 2021, launched to Ethereum Mainnet in November 2022, and to Optimism in March 2023 by a team of stakeholders with software, economics, finance, and math expertise.
Exactly was funded by long-term capital partners with a track record of alignment with Web2 and Web3 ecosystems. Some of our current investors are Kazsek, BairesDAO, NXTP, Newtopia, Kain Warwick (Co-Founder of Synthetix), Esteban Ordano (Co-Founder of Decentraland), Matias Woloski (Co-Founder of Auth0), Daedalus among others.

What’s next for your project?

Continue growing following Optimism’s Superchain approach and partner with web3 projects and web2 fintech in the long term to bring the benefits of Defi to the end-user.

What can your token be used for?

exaOP is an exa-voucher. Users can supply their assets and increase the liquidity of the Variable Rate Pool, which will, in turn, provide liquidity to all the different Fixed Rate Pools as needed. Each deposit will mint an "Exactly Voucher" (exaVoucher) that uses the ERC-4626 standard, which will be provided to the user as a voucher for the deposited amount. These exaVouchers will periodically accrue variable earnings by increasing their value when withdrawing and exchanging back for the underlying assets.

Where can you buy Exactly Optimism?

EXAOP tokens have stopped trading - ago on all exchanges listed on CoinGecko. Information will be updated if market activity resumes.

What is the daily trading volume of Exactly Optimism (EXAOP)?

The 24 hour trading volume of Exactly Optimism (EXAOP) is $0 which signals a drop in market activity. If you own EXAOP tokens, liquidity of the token is likely to be low. Proceed with caution. You may explore CoinGecko’s list of most traded cryptos for coins with higher liquidity.

What is the highest and lowest price for Exactly Optimism (EXAOP)?

Exactly Optimism (EXAOP) reached an all-time high of $4.85 and an all-time low of $0.09966. It’s now trading -97.60% below that peak and 14.70% above its lowest price.

What is the fully diluted valuation of Exactly Optimism (EXAOP)?

The fully diluted valuation (FDV) of Exactly Optimism (EXAOP) is $19,144.34. This is a statistical representation of the maximum market cap, assuming the maximum number of 170 Thousand EXAOP tokens are in circulation today. Depending on how the emission schedule of EXAOP tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Exactly Optimism compare against its peers?

With a price increase of 5.30% in the last 7 days, Exactly Optimism (EXAOP) is outperforming the global cryptocurrency market which is up 3.70%, while outperforming when compared to similar Optimism Ecosystem cryptocurrencies which are up 0.40%.