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    Open Custody Protocol

    OPEN

    Rank #1168

    $0.03214

    -3.14%
    24H Low$0.03160
    $0.0372824H High
    24H Volume
    $2.9 M
    All-Time High(ATH)
    $9.81
    All-Time Low(ATL)
    $0.02536
    Market Cap
    $22.61 M
    Fully Diluted Valuation
    $41.58 M
    Market Cap/FDV
    54.36%
    Circulating Supply
    703.36 M OPEN
    Total Supply
    703.36 M OPEN
    Max Supply
    1.29 B OPEN
    Market Sentiment
    Positive
    * Data from 3rd parties

    Open Custody Protocol (OPEN) Price Trends

    Time period
    Change amount
    % Change
    1H
    $--
    +2.14%
    24H
    $--
    -3.14%
    7D
    $-0.01000
    -16.84%
    30D
    $-0.03000
    -52.02%
    1Y
    $-0.08000
    -72.5%

    Investors

    Coinbase Ventures

    Coinbase Ventures

    The Spartan Group

    The Spartan Group

    LD Capital

    LD Capital

    Kenetic Capital

    Kenetic Capital

    Maven 11 Capital

    Maven 11 Capital

    Wintermute

    Wintermute

    GoldenTree Asset Management

    GoldenTree Asset Management

    Quantstamp

    Quantstamp

    Live Open Custody Protocol (OPEN) Price Update

    Open Custody Protocol price today is $0.03214 with a 24-hour trading volume of $2.9 M, and as such Open Custody Protocol has a market cap of $22.61 M, giving it a market dominance of 0.00061%. The Open Custody Protocol price moved -3.14% in the last 24 hours.

    Open Custody Protocol reached its highest price on 2021-11-18 when it was trading at its all-time high of $9.81, while its lowest price was recorded on 2023-10-13 when it was trading at its all-time low of $0.02536. The current lowest price since the last cycle high was $0.02536, and the highest price since the last cycle low was $9.81. The social sentiment of Open Custody Protocol is currently Positive.

    The current circulating supply of Open Custody Protocol is $703.36 M OPEN. In terms of market cap, Open Custody Protocol is currently ranked 1168.

    About Open Custody Protocol (OPEN)

    OCP introduces an innovative relayer mechanism that seamlessly connects applications to a modular permissionless custody protocol. OCP operates a protocol that acts akin to a mesh network, enabling an end-user to leverage a diverse set of key management protocols. We call this “Keychain Aggregation”. Building a protocol that solves for Keychain Aggregation not only simplifies the way developers can build, abstracting risk and complexity, but it also harmonizes and aggregates the economics associated with having multiple bilateral commercial relationships.

    FAQs

    1. What determines the price movement of Open Custody Protocol?

    There are two schools of thought in determining the price of Open Custody Protocol.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Open Custody Protocol, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Open Custody Protocol from a long term perspective.
    By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Open Custody Protocol on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Open Custody Protocol as well.
    Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Open Custody Protocol and the cryptocurrency market as a whole.

    Open Custody Protocol Tokenomics

    Next Unlock Events

    Next Unlock Events

    OPEN 12.76M

    (0.99% Total Supply)

    $410115.96

    (1.81% Market Cap)

    Unlock Rounds 6

    4

    D

    0

    2024/05/01

    Unlock Rounds 6

    4

    D

    0

    2024/05/01

    OPEN 12.76M

    (0.99% Total Supply)

    $410115.96

    (1.81% Market Cap)

    Vesting Info

    Links to official documents

    Allocations

    Name
    Total
    Unlocked
    Locked

    Team

    22%

    19.69%

    2.31%

    Seed

    21.3%

    19.06%

    2.24%

    Ordinary

    13%

    11.63%

    1.37%

    Ecosystem

    11%

    7.59%

    3.41%

    Qredo Distribution

    10%

    --

    --

    Private Sale

    7.22%

    7.22%

    --

    Initial Validators

    4%

    4%

    --

    Treasury / Reserve

    3.78%

    1.36%

    2.43%

    Advisors

    3.7%

    3.31%

    0.39%

    Main Sale Option 1

    3%

    3%

    --

    Main Sale Option 2

    1%

    1%

    --

    Vesting Info

    Links to official documents

    Vesting Schedule

    Round
    Token Allocation
    TGE Unlock
    Cliff

    Unlocked

    Locked

    Next Unlock
    Summary

    80.00M

    100%

    --

    OPEN 80 M

    --

    Jul 14, 2021

    Jul 14, 2021

    --

    100.0% TGE,

    75.68M

    0%

    1Y

    OPEN 27.18 M

    OPEN 48.5 M

    Jul 14, 2022

    Jul 15, 2027

    2024/05/02

    0.382%

    1 year-cliff,

    74.00M

    0%

    1Y

    OPEN 66.22 M

    OPEN 7.78 M

    Jul 14, 2022

    Jul 11, 2024

    2024/05/02

    0.952%

    1 year-cliff,

    60.00M

    0%

    --

    OPEN 60 M

    --

    Sep 14, 2021

    Sep 14, 2021

    --

    --

    440M

    0%

    1Y

    OPEN 393.75 M

    OPEN 46.25 M

    Jul 14, 2022

    Jul 11, 2024

    2024/05/02

    0.952%

    1 year-cliff,

    426M

    0%

    1Y

    OPEN 381.22 M

    OPEN 44.78 M

    Jul 14, 2022

    Jul 11, 2024

    2024/05/02

    0.952%

    1 year-cliff,

    260M

    0%

    1Y

    OPEN 232.67 M

    OPEN 27.33 M

    Jul 14, 2022

    Jul 11, 2024

    2024/05/02

    0.952%

    1 year-cliff,

    220M

    0%

    --

    OPEN 151.84 M

    OPEN 68.16 M

    Jul 21, 2021

    Jul 23, 2025

    2024/05/01

    0.476%

    --

    20.00M

    0%

    6M

    OPEN 20 M

    --

    Jan 14, 2022

    Jan 13, 2023

    --

    6 months-cliff,

    144.3M

    0%

    6M

    OPEN 144.34 M

    --

    Jan 14, 2022

    Jul 14, 2023

    --

    6 months-cliff,

    200M

    0%

    --

    --

    --

    --

    --

    Total
    Token Allocation
    Next Unlock
    Summary
    Total
    OPEN 80.00M

    OPEN 1.557B

    OPEN 242.8M

    120.35% of Supply

    18.77% of Supply

    Open Custody Protocol Analysis

    Open Custody Protocol (OPEN) News

    Date
    Market Cap
    Volume
    Open
    Close
    2024-04-27
    $8.89 M
    -- OPEN
    $0.03544
    N/A
    2024-04-26
    $9.63 M
    -- OPEN
    $0.03838
    $0.03544
    2024-04-25
    $12.32 M
    -- OPEN
    $0.04913
    $0.03838
    2024-04-24
    $12.32 M
    -- OPEN
    $0.04913
    $0.04913
    2024-04-23
    $12.32 M
    -- OPEN
    $0.04913
    $0.04913
    2024-04-22
    $12.32 M
    -- OPEN
    $0.04913
    $0.04913
    2024-04-21
    $12.32 M
    -- OPEN
    $0.04913
    $0.04913
    2024-04-20
    $12.03 M
    156774.06 OPEN
    $0.04795
    $0.04913