What is ITHACA PROTOCOL(ITHACA)?

Basic information about ITHACA

Coin name:

Ithaca Protocol

Coin symbol:

Coin introduction:

Ithaca is a non-custodial, composable, option, option strategies and structured products (and soon) protocol on Arbitrum (and soon on Base and Solana) underpinned by a provably optimal, auction-based matching engine. Current Rankings Ithaca already ranks consistently between #1 and #4 option protocols in terms of volumes and premia on DefiLlama, having been live for few months and liquidity ramping up. Vision Ithaca will be the no1 option protocol across chains Why options? Option market is huge everywhere; never a ‘demand for options‘ challenge, always ‘liquidity’; Ithaca solved this. 'It is easy to build a perp product when you have an option market. It is very hard to build an option market when you just got perps.' Ithaca will be the 'Uniswap of Options' Similar to how a protocol would seed an AMM pool to generate liquidity on spot trading of their token, Ithaca has built innovative modular infrastructure that allows for instant spin up of complete liquid option / option strategy / structured product markets on any underlying. Market Traction Ithaca already is showing traction with knowledgeable power users that can access for the first time ( not only in DeFi, but also in CeFi and TradFi ) Product Offerings - Fully composable linear combinations of vanillas and digitals - Collateral Optimization - Innovative margin lending (launching soon) Ithaca has put together infrastructure that encompasses as special cases all vault and structured product offerings. A listing will create the hype for every user that has tried inferior products to access a superior offering - Vanilla + Digital Options - Stories (Bets, Earn, Bonus, Twin-Win, Barriers, Contingent Premium Calls / Puts, Accumulators) - Principal Protected Strategies - Ithaca Option Bot Telegram App (First self contained telegram native option bot; opening up options to 1bln TG users; TG mini-app game coming soon) While the Ithaca Matching Engine frequent batch auction framework levels the playing field for users protecting from high frequency traders and MEV extractors. IthacaGPT allow non sophisticated users to translate nuanced views into, potentially complicated, option strategies. Perps can’t compete; no other protocol (TradFi / CeFi) can compete with Ithaca. Team Most experienced trading and BD team in the market across go to market verticals; professionals; institutional, traditional retail, Degens; principals have traded for decades in Tradfi option markets and ran a successful crypto vol proprietary trading business. Market Making Infrastructure Alongside the organic liquidity generation inherent in the building block decomposition methodology, a supporting vol market-making infrastructure is getting launched Airdrop A liquidity-supportive point system has supported strong community growth since the emergence from stealth. Ithaca Airdrop Season One: https://blog.ithacaprotocol.io/blog/ithaca-airdrop-season-one Funding Pre-seed round 1 year ago led by Cumberland and Wintermute.

Expand

Current Price:

$0.003260More coin details

All-time high:

$0.116504

All-time low:

$0.002792

ITHACA Supply Info and Tokenomics

Circulating supply:

228M

Total supply:

923M

Max supply:

1,000M

Market cap:

$744.276K

Fully diluted valuation:

$3.260M

What is the outlook and future value of ITHACA?

The current market cap of ITHACA is $744.276K, ranked 3951 in the market, showing that the market already recognizes the value of ITHACA. When a bull market arrives, the market cap of ITHACA may continue to grow.

Moreover, if ITHACA can play a greater role in real-world applications—such as if the Monero developers can fully empower ITHACA and establish partnerships with more business partners to expand its user base—then the long-term value of ITHACA will be further enhanced.

What is the price of ITHACA in 2027?

According to the historical price performance prediction model of ITHACA, the price of ITHACA is expected to reach $0.003423 at 2027.

Note: As with any crypto investment, investors should closely monitor ’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get ITHACA?

Purchasing ITHACA with cash is not the only way to obtain ITHACA. If you have enough time, you can get ITHACA for free.

Learn how to get Hot rewards for free with ITHACA.

Earn free ITHACA by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get ITHACA airdrops for free.

All crypto airdrops and rewards can be exchanged for ITHACA through LBank spot trading.

Buy ITHACA starting from $1

What is ITHACA used for and how to use it?

The use cases for ITHACA may grow with the development of the crypto market and project progress. Currently, you can use ITHACA to:

Arbitrage trading of ITHACA

ITHACA is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many ITHACA trading pairs to suit your needs.

Earn yield with ITHACA

You can also lend out ITHACA or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your ITHACA gains.

Send or pay with ITHACA

If you want to pay someone with ITHACA, you can easily and quickly send ITHACA to them using their receiving address.

You can also visit the official website of Ithaca Protocol to learn more use cases of ITHACA, such as whether the Ithaca Protocol project supports community/eco apps or buying physical or virtual goods with ITHACA.