Tidal Finance Price
(TIDAL)
USD($)
Tidal Finance (TIDAL) Live Price Chart
Overview
About
Analysis
FAQ
Tidal Finance Live Price Data
The live price of Tidal Finance is $0.0001154, with a total trading volume of $ 79,301 in the last 24 hours. The price of Tidal Finance changed by +10.09% in the past day, and its USD value has decreased by -2.19% over the last week. With a circulating supply of 865,226,229 TIDAL, the market cap of Tidal Finance is currently 97,879 USD, marking a --% increase today. Tidal Finance currently ranks #-- in market cap.
How do you feel about Tidal Finance today?
Note: This data is for reference only.
Tidal Finance(TIDAL) Profile
Rank--
--Expand 
Website
Documentation
Explorer
Contract
- Ethereum 0x29cbd0...3b7
Audited By
- --
Code & Community
Investors
- Spartan Group
- NGC Ventures
- Zonff Partners
- Digital Finance Group
- AU21 Capital
- Hypersphere Ventures
- Lotus Capital
- Vendetta Capital
- QCP Capital
- KR1
- Kenetic Capital
$0.0001021
$0.0001175
- ATH
- $0.0564899
- Price Change (1h)
- +3.86%
- Price Change (24h)
- +10.09%
- Price Change (7d)
- -2.19%
- Market Cap
- $97,879
- 24h Volume
- $79,301
- Circulating Supply
- 865,226,229
- Max Supply
- 19.84B
About TIDAL
How can I buy Tidal Finance (TIDAL)?
Buying TIDAL on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Tidal Finance (TIDAL) for more information. What Is Tidal Finance (TIDAL) Crypto?
Tidal Finance (TIDAL) is a cryptocurrency in the decentralized finance (DeFi) sector. It offers a platform where users can trade risk-hedging contracts and create custom insurance pools for various digital assets. This platform allows both security professionals and liquidity funds to design their own policies with flexible conditions, catering to the needs of digital asset holders by offering a range of protection policies.
Launched on the Ethereum blockchain, Tidal Finance seeks to enhance capital efficiency by amalgamating multiple insurance premiums into a single collateral pool. This design aims to provide high yields to capital providers while maintaining a competitive environment for insurance buyers.
Tidal Finance also participates in the broader cryptocurrency ecosystem and is part of initiatives like the Polkadot and Polygon networks. It started trading on cryptocurrency exchanges in 2021 and has seen significant price fluctuations since its initial coin offering (ICO).
How Does Tidal Finance Work?
In Tidal Finance, you can participate as a liquidity provider, insurance buyer, or guarantor. As a liquidity provider, you contribute capital to insurance pools and earn returns from policyholders' premiums. As an insurance buyer, you purchase coverage to protect against potential losses in your DeFi investments. Guarantors stake their tokens to support insurance pools and earn returns in the process.
Users, including security professionals and liquidity funds, can set up their own insurance pools with flexible conditions such as coverage terms and premium amounts. This customization allows for tailored insurance solutions for different types of risks associated with digital assets.
Tidal Finance integrates a mechanism to manage and distribute risks effectively. Pooling various insurance contracts together helps spread the risk among multiple protocols, reducing the potential impact of a single point of failure. This pooling approach also maximizes capital efficiency, allowing participants to leverage their investments better while providing competitive insurance offerings.
The platform has a structured process for filing claims and distributing payouts, governed by the community through a decentralized voting system. This ensures that claims are handled fairly and transparently.
When Was Tidal Finance (TIDAL) Coin Launched?
Tidal Finance was launched in 2021 by Chad Liu. Tidal Finance launched on the Ethereum layer-2 network, Polygon, which helped streamline its services and expand its market reach.
Tidal Finance released its second version (v2), significantly improving the platform. This update allowed third-party insurers and underwriters to host their own insurance pools, enhancing customization for insurance policies and improving risk management by separating collateral among insurance pools.
Tidal Finance raised an additional $1.8 million to help launch its decentralized insurance marketplace, bringing its total funding to $3.8 million. This funding supported the development and expansion of their protocol and ecosystem.
Tidal Finance has expanded its insurance offerings to include cover for slashing risks for proof-of-stake protocols, like Ethereum 2.0. This new coverage is aimed at validators and delegators, providing them with more security options.
How to Use TIDAL Token
The TIDAL token in Tidal Finance has several key uses within the platform:
1. Decentralized Governance of Tidal Finance: As a TIDAL token holder, you can participate in governance decisions, helping to shape the direction and policies of the platform. This includes voting on various proposals that affect the protocol.
2. Staking TIDAL on Tidal Finance: You can stake your TIDAL tokens to earn rewards. Staking helps secure the platform and offers you returns in the form of additional TIDAL tokens.
3. Claim and Payout Participation: TIDAL tokens are used in the claim assessment and payout processes. If you are a token holder, you can participate in deciding the outcome of insurance claims made on the platform.
4. Liquidity Provision: By providing liquidity, you can earn premiums paid by those purchasing cover on the platform. This involves locking up funds, including TIDAL tokens, to backstop potential insurance claims.
5. Trade TIDAL on KuCoin: Trade Tidal Finance token on the KuCoin Spot Market based on your research (DYOR). Buy, sell, or HODL $TIDAL if you believe in the future potential of the Tidal Finance protocol and the overall DeFi market.
Tidal Finance (TIDAL) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $0.0000112 | 10.83% |
| 7 Days | $-0.0000026 | -2.20% |
| 30 Days | $0.0000061 | 5.67% |
| 3 Months | $0.0000035 | 3.21% |
24H Investment Barometer
24H
- Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Strong SellSellNeutralBuyStrong Buy
Tidal Finance Conversion Rate
FAQ
How much is 1 Tidal Finance (TIDAL) worth?
KuCoin provides real-time USD price updates for Tidal Finance (TIDAL). Tidal Finance price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time TIDAL to USD exchange rates. Is Tidal Finance (TIDAL) a Good Investment?
Investing in Tidal Finance (TIDAL) offers several potential advantages, particularly within the DeFi and insurance sectors:
1. Innovative Insurance Solutions: Tidal Finance provides a decentralized insurance marketplace that offers risk protection for various protocols in the DeFi space. This innovative approach addresses the lack of adequate insurance options in DeFi, offering coverage for smart contract vulnerabilities and other risks.
2. Decentralized Governance: You can participate in the platform's governance as an investor. Holding TIDAL tokens allows you to vote on key decisions, influence the development of the protocol, and engage in the management of its policies and practices.
3. Capital Efficiency: Tidal Finance is designed to maximize capital efficiency. The platform allows liquidity providers to earn premiums while contributing to insurance pools that cover multiple protocols. This structure aims to provide attractive returns by enhancing the capital utilization within the system.
4. Cross-Border Efficiency: Tidal leverages blockchain technology to facilitate global, cross-border transactions efficiently, bypassing the complex and often restrictive traditional financial systems. This feature is particularly powerful in a globalized economy where such flexibility is crucial.
5. Security and Trust: Tidal has invested in robust security measures, including smart contract audits by reputable firms such as Consensys Diligence. These audits help ensure the platform's security, increasing investor confidence by addressing potential vulnerabilities and enhancing the overall safety of the invested capital.
What Is Tidal Finance Price Prediction?
While we cannot provide a precise TIDAL price prediction, here are some factors to observe to understand the price changes in the Tidal Finance crypto:
1. Market Demand and Supply of TIDAL Tokens: The Tidal Finance price, like other cryptocurrencies, is primarily driven by themarket's balance of supply and demand. Investor sentiment, market trends, and the overall performance of the cryptocurrency market can influence this.
2. Future Developments in the Tidal Finance Ecosystem: Any updates or developments on the Tidal Finance platform that enhance its functionality or expand its features can affect the TIDAL to USD price. Positive developments often lead to increased demand.
3. Tidal Finance’s Partnerships and Integrations: New partnerships or integrations with other platforms can increase the utility of TIDAL tokens and potentially drive up the TIDAL token price.
4. Technical Analysis Indicators: Many traders use technical analysis tools like the Relative Strength Index (RSI), Moving Averages, and the MACD to predict future movements of the TIDAL crypto price based on historical performance.
5. Crypto Market Sentiment: General sentiment in the crypto community, influenced by news events, social media, and other factors, can also significantly affect the price of Tidal Finance crypto.
How to Earn on Tidal Finance
To stake TIDAL on Tidal Finance, follow these steps:
1. Prepare Your Wallet: Buy TIDAL tokens on KuCoin and transfer them to your MetaMask wallet connected to the Polygon network. If your tokens are on Ethereum, transfer them to Polygon first.
2. Access the Staking Interface: Visit the Tidal Finance platform and navigate to the staking section. You can find detailed guidance on their official documentation page.
3. Stake Your Tokens: In the staking section, decide how many TIDAL tokens you want to stake. Enter the amount and confirm the transaction in your MetaMask wallet. Remember that staking involves locking your tokens for a period during which you cannot sell or transfer them.
4. Manage Your Staking: You can directly monitor your staked tokens and expected rewards on the platform. Rewards are typically distributed per block, and the APR (Annual Percentage Rate) can vary based on the platform's parameters and the total amount of staked tokens.
5. Unstaking: If you decide to unstake your tokens, be aware there might be a lock-up period during which your tokens remain locked even after you initiate an unstaking request. After this period, you can withdraw your tokens.
What is the all-time high price of Tidal Finance (TIDAL)?
The all-time high price of Tidal Finance (TIDAL) is $0.0565408. The current price of TIDAL is down 99.80% from its all-time high.
What is the all-time low price of Tidal Finance (TIDAL)?
The all-time low price of Tidal Finance (TIDAL) is $0.0000947. The current price of TIDAL is up 22.05% from its all-time low.
How much Tidal Finance (TIDAL) is there in circulation?
As of 12 25, 2024, there is currently 865,226,229 TIDAL in circulation. TIDAL has a maximum supply of 19.84B.
What is the market cap of Tidal Finance (TIDAL)?
The current market cap of TIDAL is $97,879. It is calculated by multiplying the current supply of TIDAL by its real-time market price of $97,879.
How do I store Tidal Finance (TIDAL)?
You can securely store your Tidal Finance in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your TIDAL include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert ChainLink (LINK) to cash?
You can instantly exchange your ChainLink (LINK) for cash using KuCoin's Fast Trade feature. This feature enables you to convert LINK to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.