Ithaca Protocol

ITHACA Price

What is Ithaca Protocol about?

Ithaca is a non-custodial, composable option protocol offering options, option strategies, and structured products. It currently operates on Arbitrum, with plans to expand to Base and Solana. The protocol utilizes a provably optimal, auction-based matching engine.

What makes Ithaca Protocol unique?

Ithaca's unique features include its modular infrastructure, enabling instant setup of liquid option markets on any underlying. It offers fully composable linear combinations of vanillas and digitals, collateral optimization, and innovative margin lending. Additionally, the protocol includes a Telegram native option bot, making options accessible to over 1 billion users, and a matching engine designed to protect users from high-frequency traders and MEV extractors.

What's the history of Ithaca Protocol?

Ithaca emerged from stealth and has been live for a few months, quickly ranking between #1 and #4 in option protocol volumes and premia on DefiLlama. It completed a pre-seed round led by Cumberland and Wintermute a year ago.

What's next for Ithaca Protocol?

Ithaca aims to become the #1 option protocol across chains, with plans to expand to Base and Solana. It will launch innovative margin lending and continue to build its market-making infrastructure. Additionally, Ithaca will introduce a self-contained Telegram native option bot and a mini-app game.

What can Ithaca Protocol be used for?

Ithaca can be used for trading vanilla and digital options, creating principal-protected strategies, and accessing innovative products like Stories (Bets, Earn, Bonus, Twin-Win, Barriers, Contingent Premium Calls/Puts, Accumulators). It also offers tools like IthacaGPT to help non-sophisticated users translate nuanced views into complex option strategies.

Where can you buy Ithaca Protocol?

ITHACA tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade Ithaca Protocol is KuCoin, where the most active trading pair ITHACA/USDT has a trading volume of $28,364.37 in the last 24 hours. Other popular options include PancakeSwap V3 (BSC) and Gate.

What is the daily trading volume of Ithaca Protocol (ITHACA)?

The trading volume of Ithaca Protocol (ITHACA) is $69,446.21 in the last 24 hours, representing a 45.60% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Ithaca Protocol (ITHACA)?

Ithaca Protocol (ITHACA) reached an all-time high of $0.1165 and an all-time low of $0.0003613. It’s now trading -99.50% below that peak and 67.60% above its lowest price.

What is the market cap of Ithaca Protocol (ITHACA)?

Market capitalization of Ithaca Protocol (ITHACA) is $403,860 and is ranked #4004 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of ITHACA tokens (670 Million tokens are tradable on the market today).

What is the fully diluted valuation of Ithaca Protocol (ITHACA)?

The fully diluted valuation (FDV) of Ithaca Protocol (ITHACA) is $545,056. This is a statistical representation of the maximum market cap, assuming the maximum number of 900 Million ITHACA tokens are in circulation today. Depending on how the emission schedule of ITHACA tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Ithaca Protocol compare against its peers?

With a price increase of 52.10% in the last 7 days, Ithaca Protocol (ITHACA) is outperforming the global cryptocurrency market which is up 0.60%, while outperforming when compared to similar Decentralized Finance (DeFi) cryptocurrencies which are up 3.80%.

How to add Ithaca Protocol (ITHACA) to MetaMask?

Adding Ithaca Protocol (ITHACA) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import ITHACA as a token. You can copy ITHACA’s contract address (0x49f1d4db3ea1a64390e990c6debeac88eac007ca) and import it manually, or if you've installed MetaMask's chrome extension, add ITHACA to MetaMask with one click on CoinGecko.

Add ITHACA to MetaMask.