About Nerve Finance
Nerve Finance is a stableswap AMM built on Binance Smart Chain designed to allow trading stablecoins and pegged synthetic assets quickly with minimal slippage and low fees. $NRV is the governance token of the Nerve Finance protocol.
Get up to $200 for getting started
Sign me up
Market Stats
Market Cap
ARS 63.98M
FDV
ARS 188.45M
Circ. Supply
46M NRV
Max Supply
136M NRV
Total Supply
100M NRV
Total Value Locked
ARS 2.07B
Diluted Valuation
ARS 208.27M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
ARS 107.83M
636.21%
Volume (7D)
ARS 670.05M
Volume (30D)
ARS 2.05B
All time high
ARS 6.12
Price Change (1Y)
-65.91%
Additional info about Nerve Finance
Recent trends
The latest NRV price is ARS 1.38. Compared to Nerve Finance's value of ARS 1.41 from 24 hours ago, there's been a -1% decrease, while the current price is -13% down from ARS 1.56 which was recorded one week ago. Nerve Finance's all time high is ARS 6.12, which was reached on April 16, 2024. This is a -77% change from its price today.
The current circulating supply of Nerve Finance is 46,237,771. This is 34% of its max supply of 136,183,990 NRV and 46% of its total supply of 100,000,000. The market cap is currently ARS 63.98M, which is a result of multiplying the current price of Nerve Finance(ARS 1.38) by the total supply(100,000,000 NRV). The fully diluted valuation of Nerve Finance is ARS 188.45M. The diluted valuation of Nerve Finance is ARS 188.45M.
Market details
NRV vs markets
↘ 75.38%
NRV vs BTC
↘ 78.6%
NRV vs ETH
↘ 52.88%
Tags
defi
yield-farming
amm
dex
Network & Addresses
Network | Address | |
|---|---|---|
BNB Smart Chain | 0x42F6f551ae042cBe50C739158b4f0CAC0Edb9096 |
Price history
Time | Price | Change |
|---|---|---|
Today | ARS 1.38 | ↘ 1.15% |
1 Day | ARS 1.41 | ↘ 1.15% |
1 Week | ARS 1.56 | ↘ 13.31% |
1 Month | ARS 1.75 | ↘ 22.65% |
1 Year | ARS 2.15 | ↘ 65.91% |
FAQ
The whitepaper states that Nerve Finance is an automated market maker (AMM), mainly created for the users to trade pegged assets and stablecoins on the Binance Smart Chain. Automated market maker (AMM) enables trading of digital items without involving any intermediaries, thereby reducing transaction fees for all the traders. Pegged cryptocurrency is an encrypted digital source of exchange having value linked with some other source of exchange such as traditional currency like gold.
The fees on the Ethereum network provide negligible value to most of the users. Therefore, the launch of Nerve took place intending to accomplish the value for decentralized finance (DeFi) without any restrictions. The team created the platform to seek to offer low-slippage or zero-slippage due to swapping of stablecoins on the BSC network. The platform is an improved cross-chain bridge for liquidity providers and traders. Liquidity providers are traders staking their cryptocurrency on DEXes to get transaction fees.
Nerve Finance seeks to offer its users the opportunity to trade, bridge, earn, borrow, and lend to users. Users can stableswap on BSC and transfer up to 30 million tokens from BSC to some other network such as Ethereum (ETH) or Bitcoin (BTC), using Nerve bridge. The designing of the swapping algorithm of the Nerve platform is done explicitly for pegged tokens. Also, with the help of the Nerve bridge, users can seek to transfer a huge amount of ETH or BTC between BSC and their corresponding networks involving minimum convenience cost. Moreover, the Nerve platform is noncustodial, which implies that the platform's developers cannot access the tokens of the users.
The symbol for the Nerve Finance token is NRV. It is a BEP-20 token, a token standard that enables users to position cryptocurrencies on BSC.
The token's main utility seeks to include rewarding the stakers and liquidity providers. The NRV token can also be utilized for voting as it is a governance token. The governance feature aims to release the possibility to direct currency flows to the token holders, enhance their rewards, or minimize the swapping fees for using the platform.
The token’s launch took place on March 1, 2021, and the total maximum supply of NRV tokens is 100 million.
We update our Nerve Finance to ARS currency in real-time. Get the live price of Nerve Finance on Coinbase.
The current market cap of Nerve Finance is ARS 63.98M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Nerve Finance is ARS 6.12. This all-time high is highest price paid for Nerve Finance since it was launched.
Over the last 24 hours, the trading volume of Nerve Finance is ARS 107.83M.
Assets that have a similar market cap to Nerve Finance include Dogecast (dogecast.build), GuildFi, aiRight, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Nerve Finance is 46 million.
Get up to $200 for getting started
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Nerve Finance calculator
Related assets
Discover conversions
Popular cryptocurrencies
Comparable market cap
Discover more assets
Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.