Gelato (GEL) 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
Gelato Price (GEL)
Market stats
Gelato is on the decline this week. ↘
The price of Gelato has increased by 0.01% in the last hour and decreased by 3.61% in the past 24 hours. Gelato’s price has also fallen by 17.45% in the past week. The current price is $0.20 per GEL with a 24-hour trading volume of $133.72K. Currently, Gelato is valued at 94.86% below its all time high of $3.99. This all-time high was the highest price paid for Gelato since its launch.
The current circulating supply of Gelato is 235,786,138.465 GEL which means that Gelato has as total market cap of 235,786,138.465.
Overall
Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more
Market cap
$48.3M
Volume (24h)
$133,715.62
Circulating
235.8M GEL
All time high
$3.99
Price change
1 hour
↗ 0.01%
1 day
↘ 3.61%
1 week
↘ 17.45%
2 weeks
↘ 34.44%
1 month
↘ 1.28%
1 year
↘ 46.69%
1 year benchmarks
Performance
↘ 47.55%
Vs. Market
↘ 73.79%
Vs. BTC
↘ 75.79%
Vs. ETH
↘ 62.99%
About Gelato
FAQ
Gelato is a platform that aims to facilitate transaction execution at a set time. According to the whitepaper, the network operates as a decentralized automation protocol. The forum comprises smart contracts developed on Ethereum and executor infrastructure services to help users automate transactions. The platform aims to solve the lack of sophistication, reliability, and centralization around the DApps that seek to offer automated smart contract executions on a user’s behalf.
Automation is absent in decentralized finance (DeFi) applications running on public blockchains like Ethereum. This is due to the lack of automation within the Ethereum Virtual Machine, where programs run only for a few milliseconds at a time. Hence, the smart contract programs can only store two things: state and logic. Further, rather than an internal mechanism, autonomous transactions occur via external organizations that run specialized bots in the background. Another concern is the need for a decentralized and reliable network of bots, as relying on centralized parties to execute users’ transactions reduces the benefits of trustlessness and censorship resistance.
The Gelato platform therefore creates an underlying infrastructure that provides developers a robust decentralized network of bots that can be instructed to monitor the state of protocols off-chain and implement arbitrary transactions on their behalf, meeting the pre-specified conditions.
The network seeks to become the backbone of all automated smart contract execution on each smart contract platform, offering decentralization, developer friendliness, and reliability. The platform aims to offer certain features:
The platform’s whitepaper was released in September 2021. IThe token was launched on September 13, 2021.
Hilmar Orth and Luis Schliesske are the platform’s cofounders. They have also cofounded another blockchain startup that focused on facilitating companies in Europe in using smart contracts to find new business models. They later developed the Gelato platform to help them build automated DApps. They both are finance graduates and have worked with several startups.
Other core members of the team include Matthieu Marie Joseph, Ari Rodriguez, Yahya, Jun Gong, and Pedro Cruz.
We update our Gelato to USD currency in real-time. Get the live price of Gelato on Coinbase.
The current market cap of Gelato is $48.26M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Gelato is $3.99. This all-time high is highest price paid for Gelato since it was launched.
Over the last 24 hours, the trading volume of Gelato is $133.72K.
Assets that have a similar market cap to Gelato include IQ, ChainGPT, ERC20, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Gelato is 236 million.
Gelato Price History
Date | Price | Change |
|---|---|---|
Today (December 22, 2024) | $0.20 | -3.56% |
24 hours ago (December 21, 2024) | $0.21 | -3.61% |
1 week ago (December 15, 2024) | $0.25 | -17.45% |
1 month ago (November 22, 2024) | $0.21 | -1.28% |
1 year ago | $0.39 | -46.69% |
Get up to $200 for getting started
Earn free crypto after making your first purchase. Terms apply.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Gelato Calculator
Coinbase Bytes
Coinbase Bytes
The week’s biggest crypto news, sent right to your inbox
Learn how we collect your information by visiting our Privacy Policy.
Related Assets
Discover conversions
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 Gelato in market cap.
Discover more assets
A selection of other relevant cryptocurrencies
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.