Open Custody ProtocolOPEN
Live Open Custody Protocol price updates and the latest Open Custody Protocol news.
price
sponsored by
$0.0107
$0
(0%)
24h low
$0.01
24h high
$0.01
The live Open Custody Protocol price today is $0.01 with a 24-hour trading volume of $1.88M. The table above accurately updates our OPEN price in real time. The price of OPEN is down -0.61% since last hour, up 5.89% since yesterday. The live market cap, measured by multiplying the number of coins by the current price is $13.79M. OPEN has a circulating supply of 703.36M coins and a max supply of 1.29B OPEN.
about Open Custody Protocol
What is Open Custody Protocol?
Open Custody Protocol Stats
What is the market cap of Open Custody Protocol?
The current market cap of Open Custody Protocol is $7.50M. A high market capitalization implies that the asset is highly valued by the market.
What is the current trading activity of Open Custody Protocol?
Currently, 176.67M of OPEN were traded within 24 hours of time. In other words, $1.88M have changed hands within the past 24 hours through trading. That's a change of 5.89%.
What is the current price of Open Custody Protocol?
The price of 1 Open Custody Protocol currently costs $0.01.
How many Open Custody Protocol are there?
The current circulating supply of Open Custody Protocol is 703.36M. This is the total amount of OPEN that is available.
What is the relative popularity of Open Custody Protocol?
Open Custody Protocol (OPEN) currently ranks 1494 among all known cryptocurrency assets. The popularity is based on relative market cap.
market data
Market Cap
$ 7.50M
5.89 %
Market Cap Rank
#1494
24H Volume
$ 1.88M
Circulating Supply
700,000,000
Get the daily newsletter that helps thousands of investors understand the markets.
recent research
Research
Solana Mobile is a highly ambitious foray into the mobile consumer hardware market, seeking to open up a crypto-native distribution channel for mobile-first applications. The market for Solana Mobile devices has demonstrated a phenomenon whereby external market actors (e.g. Solana-native projects) continuously underwrite subsidies to Mobile consumers. The value of these subsidies, coming in the form of airdrops, trial programs, and exclusive NFT mints, have consistently covered the cost of the phone and generated positive returns for consumers. Given this trend in subsidies, the unit economics in the market for Mobile devices, and the initial growth rate and trajectory of sales, it should be expected that Solana mobile can clear 1M to 10M units over the coming years. As more devices circulate amongst users, Solana Mobile presents a promising venue for the emergence of killer-applications uniquely enabled by this mobile-first, crypto-native distribution channel.
by Luke Leasure
/
Research
Metaplex, the leading NFT protocol on Solana, has established a dominant position due to its comprehensive suite of tools. It has a functioning economic model with a buyback program that enhances its value through revenue generated from SOL-denominated fees. While initially focused on NFTs, Metaplex is diversifying its offerings to include non-NFT services, indicating a promising future as a comprehensive token creation suite on Solana.