| General information | |
|---|---|
| Global rank: | 4996 |
| Name: |
Petroleum OIL |
| Symbol: | OIL |
| Current coin price (BOB): | 4.89 $b |
| Last hour: | arrow_downward-3.45 % |
| Last 24 hours: | arrow_downward-4.09 % |
| Last 7 days: | -26.28 %trending_down |
| Capitalisation (BOB): | 0.000000 $b |
| Volume 24h (BOB): | 52 687.05 $b |
| Available supply: | 0.000000 OIL |
| Total coin supply: | -1 OIL |
| Start date: | 2021-04-04 |
Petroleum OIL/Bolivian Boliviano (OIL/BOB) price chart
Petroleum OIL/Bolivian Boliviano (OIL/BOB) capitalisation and volume charts
Oiler is a protocol for blockchain native derivatives. Oiler team has in mind a very specific set of properties to call instruments ‘blockchain native’.
1. The instrument can be priced without any external (off-chain) oracles
2. The instrument can be settled without any external (off-chain) oracles
In order to settle derivatives on-chain nowadays, Oiler team needs to ensure that the payout can be calculated entirely on-chain. At Oiler, they not only assume that we will not take off-chain data but also that there is no oracle hidden behind the layers of on-chain data sources that our smart contracts use.