About NEST Protocol
NEST is an Ethereum token that powers the NEST Protocol, a price prediction platform that aims to improve the crypto market. NEST is used to meet liquidity needs for the platform.
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Market Stats
Market Cap
$1,119,426.34
FDV
Not enough data
Circulating Supply
2,911,743,948 NEST
Max Supply
Not enough data
Total Supply
9,978,035,000 NEST
Performance
Popularity
#1,891
Dominance
0%
Volume (24H)
$287,225.55
0.68%
Volume (7D)
$2,410,851.20
Volume (30D)
$7,124,638.90
All time high
$0.24
Overall Price Change (1Y)
-0.86%
Additional info about NEST Protocol
Recent trends
The price of NEST Protocol has increased by 1.16% in the last hour and decreased by 6.17% in the past 24 hours. NEST Protocol’s price has also fallen by 1.26% in the past week. The current price is $0.000384 per NEST with a 24-hour trading volume of $287.23K. Currently, NEST Protocol is valued at 99.84% below its all time high of $0.24. This all-time high was the highest price paid for NEST Protocol since its launch. The current circulating supply of NEST Protocol is 2,911,743,948 NEST which means that NEST Protocol has as total market cap of $1,119,426.34.
Market details
NEST vs markets
↘ 89.14%
NEST vs BTC
↘ 91.41%
NEST vs ETH
↘ 77.01%
Tags
defi
oracles
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x04abEdA201850aC0124161F037Efd70c74ddC74C | |
BNB Smart Chain | 0x98f8669F6481EbB341B522fCD3663f79A3d1A6A7 | |
Polygon | 0x98f8669F6481EbB341B522fCD3663f79A3d1A6A7 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.000384 | ↘ 6.17% |
1 Day | $0.000410 | ↘ 6.17% |
1 Week | $0.000389 | ↘ 1.26% |
1 Month | $0.000392 | ↘ 1.90% |
1 Year | $0.0027 | ↘ 86.01% |
FAQ
NEST Protocol is a decentralized trading infrastructure that strives to provide a different approach to asset and return trading with uncertain values. It is composed of three modules: NEST Oracle, NEST Assets, and NESTcraft. NEST Oracle intends to provide decentralized on-chain prices, while NEST Assets are generated and burned by the NEST smart contract, providing currency units for transactions on NEST. NESTcraft, on the other hand, intends to convert various on-chain random sources into a function library, providing a variety of customizable trading options. NEST Protocol also includes NESTFi, a decentralized perpetual exchange built on NESTcraft that uses smart contracts as the counterparty for traders.
NEST Protocol operates by eliminating the need for market makers and liquidity providers (LPs) through the use of smart contracts and risk sharing. It uses a martingale trading paradigm, which is a low-cost and efficient trading paradigm for assets and returns with uncertain values. The NEST Oracle provides decentralized on-chain prices, while NEST Assets are generated and burned by the NEST smart contract. NESTcraft, on the other hand, converts various on-chain random sources into a function library, providing a variety of customizable trading options. NESTFi, a decentralized perpetual exchange built on NESTcraft, uses smart contracts as the counterparty for traders, intending to maintain liquidity for trading.
NEST Protocol has a wide range of potential use cases. It can be used to develop decentralized exchanges, financial derivatives supermarkets, on-chain and off-chain risk hedging, and the economic framework of Metaverse and GameFi. It can also be used for lottery and prop synthesis, among other unique applications. NEST Protocol's martingale function library, NEST Craft, can be used to create a variety of new financial derivatives, such as barrier options, Asian options, two-way options, and a type of interesting income such as square-root return, squared return, and exponential return.
NEST Protocol was introduced with the intention of addressing various challenges of on-chain trades in a decentralized manner. It was designed to utilize the blockchain’s technical characteristics of first confirming the existence of assets and then the ownership relationship. The protocol was built on public chains like Ethereum, and it is a completely decentralized protocol based on smart contracts. Initially, all NEST tokens were generated by oracle mining, and their distribution gradually became decentralized as they circulated in the market.
We update our NEST Protocol to USD currency in real-time. Get the live price of NEST Protocol on Coinbase.
The current market cap of NEST Protocol is $1.12M. A high market cap implies that the asset is highly valued by the market.
The all-time high of NEST Protocol is $0.24. This all-time high is highest price paid for NEST Protocol since it was launched.
Over the last 24 hours, the trading volume of NEST Protocol is $287.23K.
Assets that have a similar market cap to NEST Protocol include Asterix Labs, AS Monaco Fan Token, Harold, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of NEST Protocol is 2.9 billion.
NEST Protocol ranks 323 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#3159
Contributors
2
Posts
16
% About NEST Protocol
0.005%
Hold times
0 days
X (Twitter)
100% bullish
Sentiment
4.3 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
2 unique individuals are talking about NEST Protocol and it is ranked #3,159 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, NEST Protocol has an average sentiment score of 86 out of 5. Finally, NEST Protocol is becoming less newsworthy, with 0 news articles published about NEST Protocol.
On Twitter, people are mostly bullish about NEST Protocol. There were 100% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about NEST Protocol. 0% of tweets were neutral about NEST Protocol. These sentiments are based on 2 tweets.
On Reddit, NEST Protocol was mentioned in 0 Reddit posts and there were 0 comments about NEST Protocol. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.