Currencies32904
Market Cap$ 2.77T-0.73%
24h Spot Volume$ 24.85B+2.58%
DominanceBTC59.01%+0.53%ETH7.66%-0.59%
ETH Gas0.51 Gwei
Cryptorank
MainCurrenciesDivergence
Open report modalReport issue
Divergence

Divergence DIVERPrice $ 0.00597

Rank: 1284

DIVER Price

0.00597
0%
Price Range
LowHigh
$ 0.00596$ 0.006

General Info

Contracts/Explorers:

Tags (Sub-Categories):

# Token

+2

Funds and Backers

Description

Divergence is a decentralized platform for hedging, trading DeFi-native asset volatility, with its flagship product being an AMM-based marketplace

Divergence (DIVER) Chart

Divergence price Index provides the latest DIVER price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

DIVER to USD Converter

Divergence (DIVER)DIVER

IDO

27 Sep 2021 — 28 Sep 2021

Raised

$ 6.60M

Price:

$ 0.320

ROI:

0.02x  -98.1%

Platform:

N/A

ATH ROI:

1.42x  +41.9%

DIVER Price Statistics

leaderboard

Market Cap

$ 3.94M

Fully diluted value

FDV

$ 5.96M

ATH Market Cap

$ 79.55M


Vol. (24h) / MCap

0.0414

Max Supply

DIVER 1,000,000,000

Total Supply

DIVER 1,000,000,000

Circulating Supply

DIVER 660.00M

(66% of Max Supply)

IDO ROI

98.1%

0.02x

IDO Price

$ 0.320

28 Sep 2021

All Time High

$ 0.454

18 Oct 2021


All Time Low

$ 0.00596

6 Apr 2025


From ATH

98.7%

From ATL

0.14%
Trending Divergence Fiat Pairs

What is Divergence (DIVER)?

Divergence is a decentralized platform for hedging, trading DeFi-native asset volatility, with its flagship product being an AMM-based marketplace. Divergence is developing a range of decentralized volatility derivatives and volatility index products with the aim of becoming the go-to platform for: 

  • Risk-averse users seeking to hedge volatility risks 
  • Risk-tolerant users seeking to trade and gain leveraged exposure to volatility 
  • Risk-neutral users seeking to participate as liquidity providers and earning fees.

The extensive volatility derivative product suite in the Divergence roadmap contains financial instruments including binary options, index derivatives, and yield vaults incorporating volatility trading strategies. Our first step is to create a user-friendly, immediately scalable product that directly addresses the needs of liquidity providers and traders in the DeFi ecosystem: an AMM-based marketplace that trades synthetic derivative tokens with a binary pay-off structure on the volatility of any LP-defined asset class (aka. binary options).

Key design features for this AMM marketplace include:

  • Composability: Markets can be created at strike prices and expiration cycles of choice, using any fungible token -- including DeFi assets issued by other protocols -- in a one-step seeding and minting process, meaning that you don't need to mint a derivative token first, then allocate funds to seed a pool
  • Capital Efficiency: Only one collateral is required to write a binary call and a binary put for a pool, with no need for over-collateralization. Once a pool is created, the same collateral is used when traders buy and sell options via this pool. At any given time, only one collateral is used per pool. The smart contract reserves max claims for collateral, providing LPs the flexibility of withdrawing capital prior to expiry
  • Continuity: By default, our binary option pools auto-exercise positions and roll over the liquidity automatically upon expiration using identical terms. LPs would not have to relocate capital to create new pools in order to manage option expiry cycles.

Divergence Price Today

Divergence's current price is $ 0.00597, it has dropped -0% over the past 24 hours.

Divergence's All Time High (ATH) of $ 0.454 was reached on 18 Oct 2021, and is currently -98.7% down.

The current circulating supply of Divergence is 660.00 Million tokens, and the maximum supply of Divergence is 1.00 Billion.

Divergence’s 24 hour trading volume is $ 163.42 Thousands.

Divergence's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 3.94 Million.

Trending Coins and Tokens Flame icon