Sovryn (SOV) 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
Sovryn Price (SOV)
Market stats
Sovryn is on the decline this week. ↘
The price of Sovryn has decreased by 0.67% in the last hour and decreased by 2.52% in the past 24 hours. Sovryn’s price has also fallen by 13.29% in the past week. The current price is $0.31 per SOV with a 24-hour trading volume of $38.11K. Currently, Sovryn is valued at 99.15% below its all time high of $36.52. This all-time high was the highest price paid for Sovryn since its launch.
The current circulating supply of Sovryn is 57,502,581.766 SOV which means that Sovryn has as total market cap of 57,502,581.766.
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
$17.8M
Volume (24h)
$38,114.22
Circulating
57.5M SOV
All time high
$36.52
Price change
1 hour
↘ 0.67%
1 day
↘ 2.52%
1 week
↘ 13.29%
2 weeks
↘ 33.36%
1 month
↘ 29.92%
1 year
↘ 54.06%
1 year benchmarks
Performance
↘ 54.47%
Vs. Market
↘ 76.74%
Vs. BTC
↘ 78.89%
Vs. ETH
↘ 67.8%
About Sovryn
FAQ
Sovryn is a protocol seeking to build decentralized finance (DeFi) on Bitcoin without any involvement of central authority. According to the whitepaper, Sovryn is an on-chain public protocol controlled by its community and stakeholders. The community of Sovryn is built on the principles of transparency, and protocol is creating an open and fair financial system for the world. However, the Sovryn protocol aims to help everyone win the next major battle by creating the world of finance, the new territory for sovereign individuals. The protocol enables people to expand upon the freedom afforded by Bitcoin to achieve full financial self-sovereignty. Also, Sovryn aims to permit users to protect their rights to self-custody and financial privacy.
Furthermore, Sovryn builds the missing piece by making the permissionless financial layer for Bitcoin. The protocol gives a Bitcoin-native DeFi-layer infrastructure firmly integrated with Ethereum and other crypto-chains and assets. Moreover, the protocol aims to provide Bitcoins, class-financial tools, and developments such as the following:
Additionally, the urgent requirement of Sovryn is for the budgeting of Bitcoin, constant attention, a rise of DeFi, and Ethereum scalability. The Sovryn protocol has been designed for a Layer-2 environment with vertical integration and liquidity. Liquidity is the efficiency where an asset gets converted into currency without affecting the market price. Moreover, the protocol consists of Bitocracy, a simple coordination system that encodes rules in software and enforces them in the blockchain. The Sovryn Bitocracy is based on principles like censorship-resistance, self-custody, transparency, and many more.
The protocol has a token SOV, used to tokenize the reward, rights, and risk associated with Sovryn Bitocracy. SOV is a tokenized representation of an actual stake in the Sovryn's future. The token is utilized to represent voting powers and coordinates the resources of a decentralized community. Users can stake SOV to cover their losses and thus seek to ensure they do not occur. SOV price is determined by the market's assessment for the demand of SOV today and in the future.
We update our Sovryn to USD currency in real-time. Get the live price of Sovryn on Coinbase.
The current market cap of Sovryn is $17.82M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Sovryn is $36.52. This all-time high is highest price paid for Sovryn since it was launched.
Over the last 24 hours, the trading volume of Sovryn is $38.11K.
Assets that have a similar market cap to Sovryn include Venus ETH, MAGA (magamemecoin.com), WINk, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Sovryn is 58 million.
Sovryn Price History
Date | Price | Change |
|---|---|---|
Today (December 23, 2024) | $0.31 | -2.47% |
24 hours ago (December 22, 2024) | $0.32 | -2.52% |
1 week ago (December 16, 2024) | $0.36 | -13.29% |
1 month ago (November 23, 2024) | $0.45 | -29.92% |
1 year ago | $0.69 | -54.06% |
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