Price
$0.0755
12/7/2022, 9:15:17 PM
diamondHands

Buy RAMP with Coinbase Wallet

RAMP can be traded using Coinbase Wallet, your key to the world of crypto.

Market

Market stats

Market cap

$36.1M

Volume (24h)

$8,644.06

Circulating supply

477.8M RAMP

All time high

$1.03

Price change (1h)

+2.68%

Price change (24h)

-0.85%

Price change (7d)

+3.27%

Sign up now to get up to $400 in rewards

Coinbase users can earn up to $400 on average just by taking advantage of our rewards. Get started now.

congratulationsOnEarningCrypto

RAMP is on the rise this week.

The price of RAMP has risen by 3.27% in the past 7 days. The price declined by 0.85% in the last 24 hours. In just the past hour, the price grew by 2.68%. The current price is $0.0755 per RAMP. RAMP is 92.67% below the all time high of $1.03.

The current circulating supply is 477,838,740.415 RAMP.

About

What Is Ramp (RAMP)?

Ramp (RAMP)is a multi-chain lending decentralized finance (DeFi) platform that seeks to maximize capital efficiency on users' assets. On the platform, users can borrow against their collateral assets. Collateral are the assets pledged for security. The project also allows users to earn yields on their deposited assets while borrowing rUSD stable coin.

Running on Binance Smart Chain (BSC), Ramp aims to empower users to access a global blockchainliquidity network. Users can mint stable coins against their deposited assets and pursue new investment opportunities.  They can transfer rUSD stable coin liquidity across multiple blockchain networks.

The platform aims to offer unique features:

  • Digital Assets Deposits: The platform allows users to deposit different kinds of digital assets such as BNB, CAKE, RAMP, Pancake, Liquidity Pool (LP) tokens, and mint rUSD, a stable coin, by collateralizing these asset deposits.

  • Optimized Lending: The platform gives users high deposit yields and low borrowing fees on collateral assets within BSC and Polygon, where rUSD stable coin can also be minted. Mintingis borrowing rUSD while using the underlying assets as collateral.

  • Borrow Stable Coin Liquidity: The project allows users to directly utilize their rUSD stable coin liquidity on an AMM (Automated Market Maker), such as PancakeSwap or QuickSwap to swap for any token assets. PancakeSwap is adecentralized exchange (DEX) built on BSC. QuickSwap is a decentralized exchange built on the Polygon network.

  • Cross Chain rUSD Stable Coin Transfers: The borrowed rUSD stable coin can be transferred seamlessly between Binance Smart Chain (BSC) and Polygon networks to access new tokens.

RAMP is a native token of the project that serves as a utility function to incentivize community involvement, align user behaviours with protocol objectives, or bootstrap the growth of liquidity pools. RAMP is a collateral asset that can unlock additional liquidity by minting an rUSD stable coin. Further, RAMP is also used as a governing token for community governance to participate in the project's strategic growth and planning by voting.

History of RAMP

The RAMP collateralized token was launched in April 2021. The project is supported by the BSC, Polygon, Solana, and Polkadot blockchains. The project has received backing from many venture capitalists like Alameda research, Parafi capital, MW partners, Blockwater capital, and more.

The token RAMP has a total supply of two hundred million. This supply cannot be minted further, i.e., any RAMP burned is removed from circulation forever. Cryptocurrency burning is when a fraction of tokens are sent to a crypto wallet with no private key. Tokens are usually burnt to reduce availability and increase market value. The platform accrues positive value back to the RAMP token through these token burns.

Related Assets

Trending assets

Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Recently added

A selection of the most recently added cryptocurrencies.

Comparable market cap

Of all the assets on Coinbase, these 8 are the closest to RAMP in market cap.

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

FAQ

What is the current price of RAMP?

The price of 1 RAMP currently costs $0.0755.

What is the market cap of RAMP?

The current market cap of RAMP is $36.08M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of RAMP?

The all-time high of RAMP is $1.03. This all-time high is highest price paid for RAMP since it was launched.

What is the 24 hour trading volume of RAMP?

Over the last 24 hours, the trading volume of RAMP is $8.64K.

What other assets are similar to RAMP?

Assets that have a similar market cap to RAMP include Aurora, Electroneum, ankrETH, and many others. To see a full list, see our comparable market cap assets.

How many RAMP are there?

The current circulating supply of RAMP is 478 million.