Horizon Protocol Coin Price & Market Data
Horizon Protocol price today is $0.184237 with a 24-hour trading volume of $315,958. HZN price is down -1.0% in the last 24 hours. It has a circulating supply of 40 Million HZN coins and a total supply of 113 Million. If you are looking to buy or sell Horizon Protocol, MEXC Global is currently the most active exchange.
Horizon Protocol is a new DeFi platform that facilitates the on-chain trading of synthetic assets that represent the real economy. Horizon Protocol seeks to provide exposure to real-world assets risk/return profiles via smart contracts on the blockchain. Horizon Protocol will bring interoperability, scalability and a whole new array of tradable, real-world derivative products to the DeFi ecosystem. Horizon Protocol’s commitment to the Binance ecosystem and native implementation on Binance Smart Chain (BSC) offers users the speed and dependability that is currently lacking on the Ethereum blockchain.
The Horizon Protocol token (HZN) drives the economic incentives for participants in the Horizon Protocol. HZN serves as collateral as part of the synthesis of tradable synthetic assets (zAssets), drives the reward system, as well as eventually facilitates a DAO that will govern the overall protocol and future development. Horizon Protocol is able to build upon the progress pioneered by others, while focusing on solving challenges related to scalability and affordability.