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IPOR

IPOR
1 IPOR =
 $ 3.59
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Market Capitalization:
2.92M $
Circulating supply:
812.85K IPOR
Maximum:
100.00M IPOR
Volume (24h):
985.49K $
Daily range:
2.39 - 4.06
Changes (7d):
+98.53%

Cryptocurrency IPOR (IPOR)

The price for IPOR (IPOR) cryptocurrency is currently 3.59 $ (15 min delay), daily range of currency change is 2.39 - 4.06 .
Last 24 hours news: trading volume - 985.49K $, price variance +49.52% .
The highest trading volume belongs to the pair 0X1E4746DC744503B53B4A082CB3607B169A289090/0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2 at the Uniswap V2 (Ethereum) exchange

Project Website - https://ipor.io
Explorer of transactions - https://etherscan.io/token/0x1e4746dC744503b53b4A082cB3607B169a289090
Twitter Account - https://twitter.com/ipor_io

Chart IPOR (IPOR)

Current price IPOR (ipor) 3.59 $
Market Capitalization 12.54M $
Trading Volume last 24h 76.78K $
Minimum exchange rate (24h) 0.77 $
Maximum exchange rate (24h) 0.82 $
Market cap rank № 1329
Absolute maximum 8.09 $
Absolute minimum 0.32 $

IPOR Quotes

#
Exchange
Pair
Price
Spread
Volume
Last traded
1
0.78 $
0.784469$
0.6% 66.64K $ 2024-04-25 20:48:15
2
0.78 $
0.782478$
0.62% 23.89K $ 2024-04-25 20:57:23
3
0.77 $
0.76905$
0.13% 14.92K $ 2024-04-25 21:06:14
4
0.78 $
0.778881$
0.6% 2.04K $ 2024-04-25 20:52:09
5
0.87 $
0.871762$
2.03% 1.43K $ 2024-04-19 07:04:18

What is IPOR (IPOR)

IPOR, the Inter Protocol Over-block Rate, is the heartbeat of DeFi credit markets. It is the first attempt in DeFi to establish a yield curve representing the average cost of borrowing in DeFi with information published on-chain by the largest credit market protocols in DeFi - Aave and Compound.

The IPOR Protocol consists of two main parts:
1. A benchmark interest rate for DeFi (“The Index”). Currently available for USDT, USDC, and DAI (ETH coming up). These are calculated and published on-chain are public goods in the Ethereum ecosystem.
2. A suite of interest rate derivative DEXes (“The IRDs”) that quote rates for 28-day interest rate swaps for the above markets.

The IPOR Index
Currently, there are three IPOR rates for USDC, USDT, and DAI which have essentially different rate behavior. An IPOR ETH rate is on the horizon. These are all currently spot rates, as there is really no yield curve in DeFi, and the lack of the yield curve presents the index with a huge market opportunity.

The IRDs
The first instrument to reference the IPOR rates is a 4 week IRS. It takes the best of DeFi incorporating a liquidity pool and an AMM. The liquidity pool is a passive underwriter for like asset. The AMM prices the instruments based on a few different quant models broken down into something cheap enough to run on Ethereum. The taker is quoted a fixed rate, the floating rate is the IPOR (printed on chain via an oracle).

IPOR plans to mature into a fully community-driven DAO. IPOR Labs will transfer ownership into the IPOR DAO, and complete ownership and control of the IPOR Protocol will be in the IPOR token holders. IPOR labs will continue to participate and make proposals; however, the ultimate approval will be in a decentralized manner via the DAO.

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