Convert Indigo Protocol INDY to Optimism OP

INDY to OP: 1 Indigo Protocol converts to 0.899 OP

Indigo Protocol (INDY) is not tradable on Coinbase.

Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more

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About INDY and OP

Indigo Protocol is falling, while Optimism is climbing this week. The current INDY to OP conversion rate is 0.899. Inversely, this means that if you convert 1 OP you will get 1.11 INDY. The conversion rate of INDY/OP has increased by 0.93% in the last hour (OP/INDY decreased by 0.93%). In the last 24 hours, INDY/OP shrunk by 0.52%, while OP/INDY grew by the same amount.

The exchange rate of Indigo Protocol is decreasing. The current value of 1 INDY is 0.899 OP. In other words, to buy 5 Indigo Protocol, it would cost you 4.4951 OP. Inversely, 1 OP would allow you to trade for 1.11 INDY while 50 OP would convert to 55.62 INDY, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 4.98%. Meanwhile, in the last 24 hours, the rate has changed by 0.4%, and that the highest exchange rate of 1 INDY to OP was 0.9315 OP and the lowest 24 hour value was 1 INDY for 0.8699 OP. Last month, 1 INDY was worth 0.914 OP. Today, it's down 1.66%. Looking back a year, Indigo Protocol has changed by 1.52 OP. That means that in a single year, the value of Indigo Protocol has shrank by 69.24%.

Indigo Protocol Market Stats

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. How does Indigo work? Indigo allows anyone to create synthetic assets, known as iAssets. iAssets can be created using currencies such as stablecoins and ADA. They have the same price effect as holding the asset being replicated. This allows you to gain profit from the increase in price of an asset without owning the original asset itself. What are Synthetic Assets? Synthetic Assets give users exposure to a variety of assets without the need to actually own the underlying asset. These assets can be anything that has value in the real world. With its transparency, efficiency, low barriers to entry, and decentralized traits, the Blockchain can smoothly deliver all these assets to anyone with access to the Internet. The INDY governance token comes from its use in the Indigo DAO voting process. The total supply of INDY will be 35M tokens with a 6-decimal precision. The max supply of INDY will be distributed to protocol users, stakers, and LPs over the course of four years. We believe in a fair distribution of the INDY tokens to the early adopters of the protocol, therefore there will be NO community pre-sale via ICO/ISO/ISPO. What is the Indigo DAO? Indigo is a decentralized community-led project. The Indigo DAO owns the Indigo Protocol, including the application, website, and all intellectual property. A DAO (decentralized autonomous organization) is like a company, but instead of being incorporated in a country is established in a blockchain. You, the Indigo community, control the decisions for the Indigo DAO. You can cast your votes using the INDY token. A forum has been established to help facilitate community votes. All Indigo community members are encouraged to join the forum to propose, discuss and vote on ideas to guide Indigo’s future direction.

CA$0.1121Price
CA$1.8MMarket cap
CA$3.59KVolume (24h)
16.1M INDYCir. Supply

Optimism Market Stats

Optimism is a network of chains called the Superchain, built on the open-source OP Stack. OP Mainnet was the first chain, with several others now operating on the OP Stack architecture, including Base (by Coinbase), Unichain (by Uniswap), Ink (by Kraken), and World Chain (by Worldcoin). The OP Stack serves as a framework for Ethereum Layer 2 chains and supports significant L2 activity. Every OP Chain in the Superchain contributes back to the Optimism Collective and all chains follow a standardized revenue-sharing model: the greater of 2.5% of total chain revenue or 15% of onchain profit (defined as fees minus L1 gas costs) is paid back to the Optimism. By aligning economic incentives across many chains, Optimism aims to transform Ethereum scaling into a sustainable flywheel by delivering fast, low-cost transactions while reinvesting in the future of the ecosystem. OP holders participate in governance to shape protocol upgrades, funding decisions, and more

CA$0.1247Price
CA$284.94MMarket cap
CA$53.95MVolume (24h)
2.3B OPCir. Supply

Conversion tables

INDY to OP values from Today at 2:16 am

0.5 INDY = 0.4495 OP
1 INDY = 0.899 OP
5 INDY = 4.50 OP
10 INDY = 8.99 OP
50 INDY = 44.95 OP
100 INDY = 89.90 OP
500 INDY = 449.51 OP
1,000 INDY = 899.02 OP

OP to INDY values from Today at 2:19 am

0.5 OP = 0.5562 INDY
1 OP = 1.11 INDY
5 OP = 5.56 INDY
10 OP = 11.12 INDY
50 OP = 55.62 INDY
100 OP = 111.23 INDY
500 OP = 556.16 INDY
1,000 OP = 1,112.32 INDY

INDY to OP over time

INDY
Today
24H
-0.40%
1M
-1.66%
1Y
-69.24%
0.5 INDY
0.4495 OP
0.4513 OP
0.457 OP
0.7608 OP
1 INDY
0.899 OP
0.9026 OP
0.914 OP
1.52 OP
5 INDY
4.50 OP
4.51 OP
4.57 OP
7.61 OP
10 INDY
8.99 OP
9.03 OP
9.14 OP
15.22 OP
50 INDY
44.95 OP
45.13 OP
45.70 OP
76.08 OP
100 INDY
89.90 OP
90.26 OP
91.40 OP
152.15 OP
500 INDY
449.51 OP
451.30 OP
456.99 OP
760.77 OP
1,000 INDY
899.02 OP
902.60 OP
913.97 OP
1,521.53 OP

Frequently asked questions

Right now, 1 Indigo Protocol is worth about CA$0.1121.

Based on the current rate, you could get 8.92 INDY for 1 CAD.

Indigo Protocol price has been on the rise. Since yesterday, the exchange rate of Indigo Protocol has increased. Since last month, the exchange rate of Indigo Protocol has decreased. Since this time last year, the price of Indigo Protocol has decreased.

You can use our INDY to CAD calculator at the top of this page to convert any amount of INDY to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 44.59 INDY. Inversely, 5 INDY will cost about CA$0.5607

Indigo Protocol is not currently available through Coinbase, but you can sign up to get the latest news on Indigo Protocol and be notified when it is available.

There are a number of crypto assets that have the a similar or comparable market cap to Indigo Protocol, including Polytrade, Saros, and Palantir Tokenized bStocks. For a more robust list of assets to explore, jump to the asset page dedicated to Indigo Protocol.

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