Indigo Protocol
INDY#2510 by market capNot covered. The criterion it missed: market cap below the 5,000,000 USD floor.
What it is for
Indigo Protocol
Synthetic issuer
6 coins tagged Synthetic Issuer, worth $276.76M together. Bigger circle, bigger coin. Order is size only.
What is Indigo Protocol? Indigo is an autonomous synthetics protocol for on-chain price exposure to real-world assets, built on Cardano, and has brought the first Native Stablecoin to the Cardano ecosystem, iUSD.
Problem it says it solves: synthetic issuer. 6 coins are working on it and together they are worth $276,762,852. This coin is 1% of that.
Synthetic Issuer 6 coins, together worth $276.76M. Sorted by size.
The average coin in this group is worth $54.98M. To match it, this coin's price would need to rise 2860%, to about $2.88.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| Indigo Protocol | $1,857,652 | −0.8% | 55% | no record |
| Synthetix | $120,850,034 | −2.2% | – | no record |
| AWE Network | $114,327,055 | −0.9% | 97% | no record |
| UMA | $32,689,084 | −5.1% | – | no record |
| Metronome | $3,986,238 | – | 60% | no record |
| Cryptex Finance | $3,052,789 | −14.2% | 93% | no record |
Synthetic 7 coins, together worth $312.09M. Sorted by size.
The average coin in this group is worth $51.71M. To match it, this coin's price would need to rise 2683%, to about $2.70.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| Indigo Protocol | $1,857,652 | −0.8% | 55% | no record |
| Synthetix | $120,850,034 | −2.2% | – | no record |
| AWE Network | $114,327,055 | −0.9% | 97% | no record |
| Metronome Synth USD | $35,619,330 | +4.2% | – | no record |
| UMA | $32,689,084 | −5.1% | – | no record |
| sETH | $3,692,447 | – | – | no record |
| Cryptex Finance | $3,052,789 | −14.2% | 93% | no record |
Grouping is CoinGecko’s category tags, most specific first. Order is size, nothing else.
Roadmap and delivery
Indigo Protocol
No record yet, so nothing to draw.
What is coming
Indigo Protocol
No record yet.
Price and size
Indigo Protocol
The last 7 days
Where today sits against its highest ever price
Highest ever: $4.50 on 13 July 2023. Today is 2% of that.
$0.0972 −0.8% today
7 days −9.7%. Market cap $1,857,652, #2356 of all coins. Its all-time high was $4.50 on 13 July 2023, so it is −97.8% from the top.
CoinGecko, refreshed hourly. Not part of the record.
Indigo Protocol is for synthetic issuer. We have not written its record yet, so its promises are not checked. It trades at $0.0972, #2356 of all coins by size, 98% below its highest ever price. 45% of its coins are still held back and could come to market later.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Who holds the supply
Indigo Protocol
55%
of all INDY that will ever exist is already out in public hands: 19.11M coins.
45% (15.89M coins) is already created but not in public hands, held by the project or locked in escrow. That is a large share, though not a majority. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
- of the maximum supply is in circulation: 19.11M of 35M.
- 15.89Mcoins still to be released, 45% of the maximum. Releases can add selling pressure.
- 1.8×fully diluted value versus today's market cap. The gap is coins not yet released.
- of its all-time high of $4.50 on 13 July 2023. That is −97.8% from the top.
- #2356by market cap, $1,857,652.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
19.11M in public hands, 55% of the maximum.
15.89M (45%) is already created but not in public hands: held by the project or locked in escrow. That is a large share, though not a majority, and it can reach the market later.
Supply figures from CoinGecko; who exactly holds the rest is not something this site reads from the chain yet.
$0.0972 −0.8% today
7 days −9.7%. Market cap $1,857,652, #2356 of all coins. Its all-time high was $4.50 on 13 July 2023, so it is −97.8% from the top.
CoinGecko, refreshed hourly. Not part of the record.
Indigo Protocol is for synthetic issuer. We have not written its record yet, so its promises are not checked. It trades at $0.0972, #2356 of all coins by size, 98% below its highest ever price. 45% of its coins are still held back and could come to market later.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Competitors
Indigo Protocol
Synthetic Issuer: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
Indigo Protocol$1.86Mthis coin−0.8%55% outno record
Synthetix$120.85M65.1× bigger, +$118.99M−2.2%, gap −1.4no maxno record
AWE Network$114.33M61.5× bigger, +$112.47M−0.9%, gap −0.197% outno record
UMA$32.69M17.6× bigger, +$30.83M−5.1%, gap −4.3no maxno record
Metronome$3.99M2.1× bigger, +$2.13M–60% outno record
Cryptex Finance$3.05M1.6× bigger, +$1.2M−14.2%, gap −13.393% outno record
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
Synthetic Issuer: this coin next to the group's largest, Synthetix.
| Indigo Protocol | Synthetix | |
|---|---|---|
| Years trading | 3 years | 9 years |
| Major exchanges | 0 | 7 |
| Named backers | 0 | 2 |
| Headlines, last month | 0 | 3 |
| Promises delivered | no record | no record |
What it says is different: What is Indigo Protocol? Indigo is an autonomous synthetics protocol for on-chain price exposure to real-world assets, built on Cardano, and has brought the first Native Stablecoin to the Cardano ecosystem, iUSD.
It is 1.5% the size of Synthetix. On the facts above it is behind on years trading, major exchanges, named backers, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it, listings on major exchanges. Nothing here says it will; the site does not predict.
Synthetic Issuer 6 coins, together worth $276.76M. Sorted by size.
The average coin in this group is worth $54.98M. To match it, this coin's price would need to rise 2860%, to about $2.88.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| Indigo Protocol | $1,857,652 | −0.8% | 55% | no record |
| Synthetix | $120,850,034 | −2.2% | – | no record |
| AWE Network | $114,327,055 | −0.9% | 97% | no record |
| UMA | $32,689,084 | −5.1% | – | no record |
| Metronome | $3,986,238 | – | 60% | no record |
| Cryptex Finance | $3,052,789 | −14.2% | 93% | no record |
Synthetic 7 coins, together worth $312.09M. Sorted by size.
The average coin in this group is worth $51.71M. To match it, this coin's price would need to rise 2683%, to about $2.70.
| Coin | Worth | Today | Supply out | Promises delivered |
|---|---|---|---|---|
| Indigo Protocol | $1,857,652 | −0.8% | 55% | no record |
| Synthetix | $120,850,034 | −2.2% | – | no record |
| AWE Network | $114,327,055 | −0.9% | 97% | no record |
| Metronome Synth USD | $35,619,330 | +4.2% | – | no record |
| UMA | $32,689,084 | −5.1% | – | no record |
| sETH | $3,692,447 | – | – | no record |
| Cryptex Finance | $3,052,789 | −14.2% | 93% | no record |
Grouping is CoinGecko’s category tags, most specific first. Order is size, nothing else.
Synthetic issuer
6 coins tagged Synthetic Issuer, worth $276.76M together. Bigger circle, bigger coin. Order is size only.
In the news
Indigo Protocol
Nothing in the news this month.
Indigo Protocol is for synthetic issuer. We have not written its record yet, so its promises are not checked. It trades at $0.0972, #2356 of all coins by size, 98% below its highest ever price. 45% of its coins are still held back and could come to market later.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Nothing matched in the last month from the sources we read. CoinDesk, Cointelegraph, Decrypt, The Block, plus Google News searches for coins with a record and the top 100.
What holding it gets you
Indigo Protocol
Its pages do not say what holding it gets you
That is worth knowing before buying. A coin nobody needs is priced on hope.
- Nothing the project's own pages spell out.
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
What is Indigo Protocol? Indigo is an autonomous synthetics protocol for on-chain price exposure to real-world assets, built on Cardano, and has brought the first Native Stablecoin to the Cardano ecosystem, iUSD.
Problem it says it solves: synthetic issuer. 6 coins are working on it and together they are worth $276,762,852. This coin is 1% of that.
Venue list not fetched yet.
Worth a look?
Indigo Protocol
2 of 4
- ✓A real-world jobReal-world purpose: synthetic issuer
- –Real backingA named investor, an index, a major exchange, or a billion-dollar size.
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- ✓Room to growRoom: worth $1.86M, 65 times smaller than Synthetix, the biggest coin doing the same thing (Synthetic Issuer)
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Indigo Protocol is for synthetic issuer. We have not written its record yet, so its promises are not checked. It trades at $0.0972, #2356 of all coins by size, 98% below its highest ever price. 45% of its coins are still held back and could come to market later.
Every line above is a fact from the record or the market feed. What to do with it is up to you.
Synthetic Issuer: this coin next to the group's largest, Synthetix.
| Indigo Protocol | Synthetix | |
|---|---|---|
| Years trading | 3 years | 9 years |
| Major exchanges | 0 | 7 |
| Named backers | 0 | 2 |
| Headlines, last month | 0 | 3 |
| Promises delivered | no record | no record |
What it says is different: What is Indigo Protocol? Indigo is an autonomous synthetics protocol for on-chain price exposure to real-world assets, built on Cardano, and has brought the first Native Stablecoin to the Cardano ecosystem, iUSD.
It is 1.5% the size of Synthetix. On the facts above it is behind on years trading, major exchanges, named backers, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it, listings on major exchanges. Nothing here says it will; the site does not predict.
What is Indigo Protocol? Indigo is an autonomous synthetics protocol for on-chain price exposure to real-world assets, built on Cardano, and has brought the first Native Stablecoin to the Cardano ecosystem, iUSD.
Problem it says it solves: synthetic issuer. 6 coins are working on it and together they are worth $276,762,852. This coin is 1% of that.
The record
Indigo Protocol
Not covered. The criterion it missed: market cap below the 5,000,000 USD floor.
Homepage as listed: https://indigoprotocol.io/