Tidal Finance logo

Tidal Finance

TIDAL

Trade Tidal Finance on DEX

Tidal Finance can be traded on a decentralized exchange (DEX) using your Coinbase web3 wallet.

Market

Market stats

Market cap

$101,470.16

Volume (24h)

$73,508.42

Circulating supply

865.2M TIDAL

All time high

$0.0600

Price change (1h)

+0.01%

Price change (24h)

+0.26%

Price change (7d)

-14.66%

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.

Tidal Finance is on the decline this week.

The price of Tidal Finance has fallen by 14.66% in the past 7 days. The price increased by 0.26% in the last 24 hours. In just the past hour, the price grew by 0.01%. The current price is $0.000117 per TIDAL. Tidal Finance is 99.80% below the all time high of $0.0600.

The current circulating supply is 865,226,228.913 TIDAL.

Ratings

Rate Tidal Finance

Be one of the first to share a rating for this project

About

What Is Tidal Finance (TIDAL)?

Tidal Finance is the protocol that provides aid to the DeFi community against the failure of any DeFi asset or protocol. The protocol aims to create a decentralized insurance marketplace in the DeFi sphere to connect purchasers and sellers. Tidal Finance aims to increase capital efficiency and return for attracting reserve providers (RPs). The platform also aims to offer competitive insurance premiums for attracting purchasers.

According to the official document of Tidal Finance, RPs often increase the insurance cost for increasing their capital returns as a result of the low efficiency of insurance capital. This compels the insurance purchasers to pay a higher rate for purchasing the insurance of their covered protocols than the actual yield of underlying protocols. Tidal Finance protocol aims to offer highly competitive insurance premiums by allowing the capital of RPs to achieve more exposure to multiple protocols. This results in decreasing the price of each protocol's premium and increasing the return of RP's capital.

Tidal Finance aims to enable the RPS to create mutual insurance pools to stake their stablecoins. In return, the RPs gain two incentives: Stablecoin premium paid by the insurance purchasers; and the TIDAL governance token, the native token of the platform, as an incentive for participating in the Tidal Finance ecosystem.

The Tidal Finance ecosystem aims to allow the RPs to select a pool consisting of different tools or protocols they prefer to cover and to provide capital to such mutual insurance pools. Additionally, the ecosystem aims to provide insurance purchasers with crucial metrics like premiums, pool insolvency risk, and reserve capital pool for ensuring complete transparency and disclosure.

According to the litepaper of Tidal finance, the ecosystem provides two types of native cryptocurrencies: TIDAL cover tokens and TIDAL governance tokens. TIDAL cover tokens offer the token holders the right to receive a payout if covered protocols and assets fail. The TIDAL governance token is meant for governing every aspect of the Tidal Finance protocol. TIDAL governance token holders can vote on protocol governance proposals and assess claims on the disputed mutual cover.

Tidal Finance published its lite paper on December 23, 2020.

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.

Comparable market cap

Of all the assets on Coinbase, these 12 are the closest to Tidal Finance in market cap.

Reading List

News

The Block • Sep 27, 23

Bitcoin’s correlation with equities continuing to diverge

The correlation between bitcoin and equities will continue to diverge over the coming months due to the Fed's continued monetary tightening.

Read more

News Article Image

Decrypt • Sep 27, 23

You Can Now Trade Bitcoin Mining Hashpower on Arbitrum

The Lumerin Hashpower Marketplace creates a novel method for decentralizing Bitcoin's global hashrate and makes mining accessible to retail investors.

Read more

News Article Image

Unchained • Sep 27, 23

SEC Chair Gensler Says Bitcoin Isn’t a Security

Appearing before the U.S. House Financial Services Committee on Wednesday, Securities and Exchange Commission (SEC) Chair Gary Gensler said that bitcoin (BTC) isn’t a security but stopped short of calling the digital asset a commodity. The sentiment echoed Gensler’s previously more lenient stance on

Read more

News Article Image

CoinDesk • Sep 27, 23

The Protocol: Google Pushes Deeper into Blockchain

Google's cloud-computing division is increasingly involved in blockchain, with plans to add 11 networks including Polygon, Optimism, and Polkadot to its 'BigQuery' program for public datasets.

Read more

News Article Image

CoinDesk • Sep 27, 23

With All Eyes on a Spot Bitcoin ETF Approval, Don’t Sleep on ETH (or ETHE)

There’s a better trade than buying Grayscale’s GBTC if you’re optimistic the SEC will approve crypto ETFs.

Read more

News Article Image

The Block • Sep 27, 23

FalconX participates in $3 million seed round for DeFi portfolio manager Bril Finance

Bril Finance raised $3 million in seed funding from FalconX, Kosmos Ventures and the Algorand Foundation. It also officially launched on Sei.

Read more

News Article Image

Coinbase Bytes

Coinbase Bytes

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

FAQ

What is the current price of Tidal Finance?

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

What is the market cap of Tidal Finance?

The current market cap of Tidal Finance is $101.47K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Tidal Finance?

The all-time high of Tidal Finance is $0.0600. This all-time high is highest price paid for Tidal Finance since it was launched.

What is the 24 hour trading volume of Tidal Finance?

Over the last 24 hours, the trading volume of Tidal Finance is $73.51K.

What other assets are similar to Tidal Finance?

Assets that have a similar market cap to Tidal Finance include e-Money, LiteDoge, MicroPets, and many others. To see a full list, see our comparable market cap assets.

How many Tidal Finance are there?

The current circulating supply of Tidal Finance is 865 million.

Can I buy Tidal Finance on Coinbase?

Yes, Tidal Finance is currently available on Coinbase web3 wallet. For more detailed instructions, check out our helpful how to buy Tidal Finance guide.