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Market

Market stats

Market cap

$530,335.21

Volume (24h)

$457,471.72

Circulating supply

13.4M STND

All time high

$3.06

Price change (1h)

+1.59%

Price change (24h)

-7.54%

Price change (7d)

+53.23%

About Standard

Standard Protocol (STND) is a collateralized rebaseable stablecoin protocol for financial instruments like evidence of ownership, duration, and asset flow. Collateralized stablecoin means when an asset gets traded for one another gets backed by collateral held in a reserve of the protocol. Such coins maintain the collateral ratio even in adverse situations in the market. Here, rebaseable means a change in the supply of the token due to fluctuation in the price of the token. Standard Protocol seeks to solve the problems faced by stablecoins like sustainability, centralized systems, and trackability. As a solution, the protocol incorporated rebase-ability, and the blockchain technology makes the protocol decentralized and incorporates market efficient liquidity. The protocol aims to bridge the gap between traditional trading and cryptocurrency markets with the help of digital products.

Some other features of the Standard Protocol include the stable base price through rebasing and asset speculation. Though STND protocol runs on Polkadot, it supports multiple cryptocurrencies like Ethereum and Bitcoin. Moreover, the decentralized ecosystem also incentivizes the users.

Standard (STND)isthe network and governance token of the Standard Protocol. The users can engage in staking STND and earn rewards. STND holders receive stability fees collected from users who close their vault. The token holders can make transactions within the network using STND. STND holders can also partake in the governance of the protocol. 

Apart from STND, the protocol has two other tokens, Meter (MTR) and Liter (LTR). MTR is a stablecoin generated by the protocol's vault. The users can use MTR to exchange or purchase other tokens. MTR holders can also use MTR to farm by providing liquidity. LTR is the liquidity provider (LP) token that represents a part of the automated market maker (AMM). Users can use LTR in liquidity mining. 

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Coinbase Bytes

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Standard is on the rise this week.

The price of Standard has increased by 1.59% in the last hour and decreased by 7.54% in the past 24 hours. Standard’s price has also risen by 53.23% in the past week. The current price is $0.0395 per STND with a 24-hour trading volume of $457.47K. Currently, Standard is valued at 98.71% below its all time high of $3.06. This all-time high was the highest price paid for Standard since its launch.

The current circulating supply of Standard is 13,427,323.869 STND which means that Standard has as total market cap of 13,427,323.869.

FAQ

What is the current price of Standard?

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

What is the market cap of Standard?

The current market cap of Standard is $530.34K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Standard?

The all-time high of Standard is $3.06. This all-time high is highest price paid for Standard since it was launched.

What is the 24 hour trading volume of Standard?

Over the last 24 hours, the trading volume of Standard is $457.47K.

What other assets are similar to Standard?

Assets that have a similar market cap to Standard include Terran Coin, Tidal Finance, Golos Blockchain, and many others. To see a full list, see our comparable market cap assets.

How many Standard are there?

The current circulating supply of Standard is 13 million.

Can I buy Standard on Coinbase?

Yes, Standard is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Standard guide.

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