Ooki Protocol

Ooki Protocol (OOKI)

Full information about Ooki Protocol (OOKI). Current Ooki Protocol price in AMD, OOKI open/close rates, Ooki Protocol history charts, Ooki Protocol market capitalization and volume.

1 OOKI = 0.537 AMD Armenian Dram (AMD)
0.0013812 AMD

Last updated: 2024-10-01 01:41:00 UTC - about 7 months ago 1 USD = 388.945392 AMD

General information
Global rank:985
Name: Ooki Protocol Ooki Protocol
Symbol:OOKI
Current coin price (AMD):0.537 AMD
Last hour:arrow_upward0.750 %
Last 24 hours:arrow_downward-5.25 %
Last 7 days:1.20 %trending_up
Capitalisation (AMD):4 803 071 087.99 AMD
Volume 24h (AMD):1 827 333 128.11 AMD
Available supply:8 940 847 787.00 OOKI
Total coin supply:10 500 000 000.00 OOKI
Start date:2020-07-05
Last updated: 2024-10-01 01:41:00 UTC - about 7 months ago

Ooki Protocol/Armenian Dram (OOKI/AMD) price chart

Ooki Protocol/Armenian Dram (OOKI/AMD) capitalisation and volume charts

What is Ooki (OOKI)?

Ooki (OOKI) is a protocol for tokenized margin trading and lending, offering decentralized and efficient financial services. It enables shorting, leverage, borrowing, and lending on the blockchain, empowering users with flexible decentralized finance capabilities.

Who created Ooki (OOKI)?

Ooki is a community-run project, governed by community voting for major protocol changes. While Tom Bean and Kyle Kistner founded bZeroX, which later became Ooki DAO, they are no longer associated with the decentralized autonomous organization.

What is Ooki (OOKI) used for?

Ooki users can engage in margin trading with up to 15x leverage, lend out funds to earn interest, borrow funds against collateral, and stake Ooki tokens to earn a portion of platform fees. The OOKI token serves as the primary token of the platform, allowing users to participate in platform governance through the OOKI DAO. OOKI holders can vote on proposals, submit new proposals, and influence the protocol's governance decisions. Additionally, OOKI is designed to kickstart liquidity and align long-term interests of stakeholders. The protocol is currently deployed on Ethereum L1, Optimism, Arbitrum, Polygon, and Binance Smart Chain.