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Octopus Protocol

Octopus Protocol

OPS
$0.0₅6000Up 0.00 percent($0.00)

Key Stats

Market Cap$900.05Up 0.00 percent
Fully Diluted Value$900.05
Total Supply150.00M OPS
Max Supply∞
Launch Date2021-04-22
Built OnBNB
Token StandardBEP20
Smart Contract Address0xdf01…dbe6
Decimal Places18

Octopus Protocol Information

Websites
octopus.exchange
Industries
DeFi

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Octopus Protocol Supported Platforms

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Trading AsToken StandardBuilt OnSmart Contract AddressLaunch Date
OPSBEP20BNB0xdf0121a3ba5c10816ea2943c722650c4a4b0dbe62021-10-29
OPSV2BEP20BNB0x14fC542fd0364Ad8361274657CaB141A8C8820E02021-08-20
OPSV1BEP20BNB0x3710cd84e0e331c99c70a34b8c6c136c2cdf91c42021-07-07

About Octopus Protocol

Octopus Protocol (OPS) is a DeFi platform on the Binance Smart Chain that allows users to create, trade, and manage synthetic assets representing real-world assets. The OPS token facilitates governance, staking, and incentivisation within the ecosystem.

Frequently Asked Questions

Octopus Protocol (OPS) is a decentralised finance (DeFi) protocol built on the Binance Smart Chain (BSC). It facilitates the creation, trading, and management of synthetic assets, which are digital representations of real-world assets such as commodities, stocks, bonds, gold, and cryptocurrencies. The protocol aims to provide a non-custodial, trustless platform with governance features, offering users access to a wide range of assets through synthetic derivatives.

Octopus Protocol enables users to:

  • Create Synthetic Assets: Users can mint synthetic assets that mirror the value of real-world assets, allowing exposure without direct ownership.

  • Trade Decentralised Derivatives: The platform supports the trading of these synthetic assets, providing opportunities for hedging and speculation.

  • Manage Portfolios: Users can oversee and adjust their synthetic asset holdings within the protocol's ecosystem.

The native OPS token serves multiple functions, including governance participation, staking for rewards, and incentivising activities within the ecosystem.