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INDY Price
$2.27487
+2.82%
Market Cap
$11.7M
24H Volume
$231.8K
Circ Supply
5.14M

INDY Market Stats

  • Price $2.27487
  • 1H Change +6.82%
  • 24H Change +2.82%
  • 7 Day Change +11.24%

Indigo Protocol Background

Indigo is an autonomous synthetics protocol for on-chain price exposure to real-world assets, built on Cardano.

Indigo allows anyone to create synthetic assets, known as iAssets. iAssets can be created using currencies such as stablecoins and ADA. They have the same price effect as holding the asset being replicated. This allows you to gain profit from the increase in price of an asset without owning the original asset itself.

Synthetic Assets give users exposure to a variety of assets without the need to actually own the underlying asset. These assets can be anything that has value in the real world. With its transparency, efficiency, low barriers to entry, and decentralized traits, the Blockchain can smoothly deliver all these assets to anyone with access to the Internet.

Indigo Protocol Technical Info

Indigo Protocol News

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