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Nest Protocol Overview
24h High
$0.01
24h Low
$0.01
Volume 24h
$0
Circulating Supply
10.00B NESTV1
Nest Protocol News
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About Nest Protocol
NEST is a cryptocurrency that serves as the native asset of the NEST Protocol, a decentralized trading infrastructure called the martingale network. The NEST Protocol uses smart contracts to eliminate market markers and LPs, providing traders with infinite liquidity through risk sharing. The NEST Protocol consists of three modules: NEST Oracle, NEST Assets, and NESTcraft. NEST Oracle provides decentralized on-chain prices, while NEST Assets generate and burn currency units for martingale transactions on NEST. NESTcraft converts various on-chain random sources into a super martingale function library, providing customizable martingale trading options. The NEST Protocol can be used for various purposes, including decentralized contract exchanges, financial derivatives supermarkets, on-chain and off-chain risk hedging, the economic framework of Metaverse and GameFi, lottery, prop synthesis, and others.
The primary use of Nest Protocol is to provide a decentralised and transparent price oracle service for the DeFi ecosystem. By leveraging the Ethereum network, Nest Protocol ensures that on-chain data regarding asset prices remains resistant to manipulation. This is crucial for various applications within the DeFi space, such as automated market makers (AMMs), lending platforms, and derivative markets. The NEST token itself is used within the ecosystem to incentivise accurate data provision and to participate in governance decisions impacting the development and operational parameters of the protocol.
Nest Protocol Markets
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Nest Protocol Platforms
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Nest Protocol Market Data
The live Nest Protocol price today is $0.01 USD with a 24-hour trading volume of $0.00 USD. We update our NESTV1 to USD price in real-time. Nest Protocol is tracking market moves in the last 24 hours.
The current market cap is $110,671,758.19 USD. The circulating supply is 10,000,000,000 NESTV1.