Skip to content
PsyOptions logo

PsyOptions

PSY
$0.0150

PsyOptions Price Performance

Low
High
$0.0150
$0.00058472

PsyOptions Key Metrics

Market cap
$5.99K
FDV
$15.09K
Volume (24h)
$0
Total supply
1B PSY
Max. supply
1B PSY
Circulating supply
396.81M PSY

PSY to USD Converter

CN2

Loading converter...

CN2

Loading chart...

PsyOptions Overview

24h High
$0.00
24h Low
$0.00
Volume 24h
$0
Market Cap
$5.99K
Circulating Supply
396.81M PSY

PsyOptions News

CN2

Loading news...

About PsyOptions

PsyOptions (PSY) is a governance token in the PsyFi ecosystem, operating on the Solana blockchain. It empowers holders to manage smart contracts and the token treasury via on-chain voting, promoting active involvement in ecosystem governance. As an SPL token, PSY is crucial for protocol fee revenue generation but does not provide direct earnings to holders. Currently, there is no staking option for PSY, but this might change with future governance decisions. The token is accessible on various exchanges. The governance structure of PsyFi involves overseeing important Solana blockchain accounts, with stringent governance parameters for essential programs to prevent misuse. PsyOptions plays a vital role in the growth of the Solana ecosystem, offering financial products such as managed vaults and token airdrops, thus encouraging innovation and development

As an SPL token, PSY is in alignment with the infrastructure and technology of the Solana blockchain. In terms of generating revenue, the PsyFi protocols accrue fees, which are then deposited into an address controlled by the governance system. It is important to note, however, that PSY token holders do not directly receive any revenue from these protocols.

Presently, there isn't a mechanism in place for staking PSY tokens, but this could be subject to change based on future governance decisions. PSY is available on a variety of both centralised and decentralised exchanges, providing accessibility to a wide array of investors and users.

The governance structure within PsyFi is extensive. The PsyFi DAO is responsible for managing several accounts on the Solana blockchain, including the Psy American Style Options Program, the Psy Tokenized European Style Options Program, and various treasuries. The governance parameters for these accounts are meticulously set, with more stringent requirements for programmes of higher criticality to prevent any potential exploitation.

A principal focus for PsyOptions is the enhancement and development of the Solana ecosystem. To this end, it offers a diverse range of financial products and services, such as managed vaults, token airdrops, and options trading. These services are designed to cater to the varied needs of participants within the ecosystem, encouraging both innovation and growth.

PsyOptions Markets

CN2

Loading markets...

PsyOptions Platforms

CN2

Loading platforms...

PsyOptions Market Data

The live PsyOptions price today is $0.00 USD with a 24-hour trading volume of $0.00 USD. We update our PSY to USD price in real-time. PsyOptions is tracking market moves in the last 24 hours.

The current market cap is $5,986.24 USD. The circulating supply is 396,809,757 PSY out of a max supply of 1,000,000,000 PSY.