Ooki (OOKI) price has increased today.
The price of Ooki (OOKI) is $0.003109546144 today with a 24-hour trading volume of $926,619. This represents a 0.80% price increase in the last 24 hours and a 3.40% price increase in the past 7 days. With a circulating supply of 4.5 Billion OOKI, Ooki is valued at a market cap of $13,885,096.
What is Ooki?
Ooki is a powerful and fully decentralized margin trading, borrowing, and lending platform with a ton of features.
Ooki is a protocol for margin trading, borrowing, lending, and staking. Ooki Protocol allows anyone to build applications that enable lenders, borrowers, and traders to interact with the most flexible decentralized finance protocol on multiple blockchains. Ooki is a fully decentralized, community-run project, governed by the community vote for all major changes to the protocol.
OOKI Token
The OOKI token is a governance token that allows the Ooki community to govern the protocol through staking OOKI token and voting in the Ooki DAO. The Ooki ecosystem is designed to emphasize community control over the protocol through governance, fee sharing, and voting.
Innovation
Ooki Protocol is a fully decentralized, trustless protocol enabling users to margin trade long or short with leverage, borrow, and lend.
Trading
Trading is at the core of Ooki Protocol. Users can easily open long or short leveraged trading positions at fixed interest borrowing rates.
Borrowing/Lending
Ooki Protocol allows users to borrow funds with collateral, and also lend out funds and earn interest. A unique feature of Ooki Protocol is the existence of dynamic interest rates to ensure borrowers and lenders receive optimal rates when opening new positions on Ooki. This dynamic rates engine targets an 80% utilization rate and will keep pools optimally utilized.
Staking
OOKI token holders can stake OOKI tokens and receive a portion of protocol revenue. 50% of fees generated by the protocol are distributed to OOKI stakers. The remaining 50% of fees are allocated to the insurance fund and Ooki treasury.
Ookiverse
Ooki Protocol currently supports four blockchains: Ethereum, Polygon, Binance Smart Chain, and Arbitrum. New blockchains will be added regularly following community consensus.
Insurance Fund
Ooki’s insurance fund is used to cover any unexpected losses caused by hacks. Additionally, Ooki has over $1m in coverage through Tidal Insurance.
How is Ooki Protocol Governed?
Governance
Ooki Protocol is governed by the OOKI token. Holders of the OOKI token may stake their token and participate in voting and governance.
The Ooki community is creating innovative, cutting edge financial software with a focus on radical decentralization. It creates unstoppable applications that are sustainable, efficient, and rent free. The global financial system is filled with middlemen that can and will be replaced by software, and Ooki is that software.
DAO
Ooki DAO treasury facilitates the DAOs mission to fund critical development, reward ongoing contributors, grow the protocol, express values, and increase longevity. Proposals submitted to the DAO are first discussed in the forum, and then once community consensus is reached the proposals proceeds to Snapshot vote, followed by onchain voting.
Ooki - What’s Next
Ooki is constantly innovating and developing cutting edge features to its users. The following are a few of the upcoming features available for Ooki users:
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Permissionless Listings
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Decentralized Limit Orders
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B. Protocol leveraged positions
Ooki Links
Website: http://hello.ooki.com
Blog: https://blog.ooki.com
Twitter: https://twitter.com/ookitrade
Telegram: https://t.me/ookitrade
TG Announcements: https://t.me/OokiAnnouncements
Discord: https://discord.gg/JKSzSk
Facebook: https://www.facebook.com/OokiTrade
Instagram: https://www.instagram.com/ookitrade/
Youtube: https://www.youtube.com/ookitrade
Shop: https://shop.ooki.com
Where can you buy Ooki?
OOKI tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Ooki is BingX, where the most active trading pair OOKI/USDT has a trading volume of $25,516.45 in the last 24 hours. Other popular options include Binance and MEXC Global.
What is the daily trading volume of Ooki (OOKI)?
The trading volume of Ooki (OOKI) is $926,618.73 in the last 24 hours, representing a 0.10% increase from one day ago and signalling a recent rise in market activity.
What is the all-time high for Ooki (OOKI)?
The highest price paid for Ooki (OOKI) is $0.060539156252, which was recorded on Dec 25, 2021 (over 1 year). Comparatively, the current price is -94.90% lower than the all-time high price.
What is the all-time low for Ooki (OOKI)?
The lowest price paid for Ooki (OOKI) is $0.002589122274, which was recorded on May 13, 2022 (about 1 year). Comparatively, the current price is 20.10% higher than the all-time low price.
What is the market cap of Ooki (OOKI)?
Market capitalization of Ooki (OOKI) is $13,885,096 and is ranked #855 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of OOKI tokens (4.5 Billion tokens are tradable on the market today).
What is the fully diluted valuation of Ooki (OOKI)?
The fully diluted valuation (FDV) of Ooki (OOKI) is $32,125,473. This is a statistical representation of the maximum market cap, assuming the maximum number of 10 Billion OOKI tokens are in circulation today. Depending on how the emission schedule of OOKI tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Ooki compare against its peers?
With a price increase of 3.40% in the last 7 days, Ooki (OOKI) is outperforming the global cryptocurrency market which is up 1.90%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.
What is the market sentiment of Ooki today?
The community is bullish as more than 100% of users are feeling good about Ooki (OOKI) today.
How to add Ooki (OOKI) to MetaMask?
Adding Ooki (OOKI) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import OOKI as a token. You can copy OOKI’s contract address (0x0de05f6447ab4d22c8827449ee4ba2d5c288379b) and import it manually, or if you've installed MetaMask's chrome extension, add OOKI to MetaMask with one click on CoinGecko.
Add OOKI to MetaMask.
