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NEST Protocol (NEST) is not tradable on Coinbase.

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NEST Protocol

NEST

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.

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.

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Market

Market stats

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

Market cap

$2.3M

Volume (24h)

$192,820.58

Circulating supply

2.9B NEST

Typical hold time

Not enough data

Popularity

#1594

All time high

$0.24

Market performance

Price change (1h)

-0.21%

Price change (1d)

+1.08%

Price change (1w)

-4.26%

Price change (2w)

-13.79%

Price change (1m)

-1.09%

Price change (1y)

-80.63%

Market benchmarks

Performance (1Y)

-80.52%

Vs. Market (1Y)

-89.78%

Vs. BTC (1Y)

-90.83%

Vs. ETH (1Y)

-87.28%

Social

Some highlights about NEST Protocol on social media

45 unique individuals are talking about NEST Protocol and it is ranked #1,436 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 3.1 out of 5. Finally, NEST Protocol is becoming more newsworthy, with 0 news articles published about NEST Protocol. This is a 0% increase in news volume compared to yesterday.

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 4 Reddit posts and there were 9 comments about NEST Protocol. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

45 people

Posts

3 posts

Dominance

0%

Volume rank

#1,436

Average Sentiment

3.1 out of 5

Twitter

Coinbase Bytes

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NEST Protocol is on the decline this week.

The price of NEST Protocol has decreased by 0.21% in the last hour and increased by 1.08% in the past 24 hours. NEST Protocol’s price has also fallen by 4.26% in the past week. The current price is $0.000802 per NEST with a 24-hour trading volume of $192.82K. Currently, NEST Protocol is valued at 99.66% 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 2,911,743,948.

FAQ

What is the current price of NEST Protocol?

We update our NEST Protocol to USD currency in real-time. Get the live price of NEST Protocol on Coinbase.

What is the market cap of NEST Protocol?

The current market cap of NEST Protocol is $2.34M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of NEST Protocol?

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.

What is the 24 hour trading volume of NEST Protocol?

Over the last 24 hours, the trading volume of NEST Protocol is $192.82K.

What other assets are similar to NEST Protocol?

Assets that have a similar market cap to NEST Protocol include Project WITH, ISKRA Token, SAFE DEAL, and many others. To see a full list, see our comparable market cap assets.

How many NEST Protocol are there?

The current circulating supply of NEST Protocol is 2.9 billion.

What is the relative popularity of NEST Protocol?

NEST Protocol ranks 273 among tradable assets on Coinbase. Popularity is currently based on relative market cap.