About Bridge Mutual
Bridge Mutual is a decentralized, discretionary p2p/p2b insurance platform that provides coverage for stablecoins, centralized exchanges, and smart contracts. Its platform allows users to provide insurance coverage, decide on insurance payouts, and get compensated for taking part in the ecosystem.
Trading Insights
Searched
2
Market Stats
Market Cap
Not enough data
-20.77%
FDV
£398.15K
Circ. Supply
65M BMI
Max Supply
160M BMI
Total Supply
160M BMI
Total Value Locked
£130.92K
Diluted Valuation
£313.24K
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
Not enough data
Volume (7D)
£389.32
Volume (30D)
£4.70K
All time high
£4.08
Price Change (1Y)
-41.4%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Bridge Mutual has increased by 0.07% in the last hour and increased by 0.12% in the past 24 hours. Bridge Mutual’s price has also risen by 62.26% in the past week. The current price is £0.0025 per BMI with a 24-hour trading volume of £0.00. Currently, Bridge Mutual is valued at 99.94% below its all time high of £4.08. This all-time high was the highest price paid for Bridge Mutual since its launch.
The current circulating supply of Bridge Mutual is 64,697,071 BMI which means that Bridge Mutual has as total market cap of £0.00.
Market details
BMI vs markets
↘ 64.79%
BMI vs BTC
↘ 66.65%
BMI vs ETH
↘ 42.02%
Tags
defi
insurance
polkastarter
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x725C263e32c72dDC3A19bEa12C5a0479a81eE688 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0025 | ↗ 0.12% |
1 Day | £0.0025 | ↗ 0.12% |
1 Week | £0.0015 | ↗ 62.26% |
1 Month | £0.0026 | ↘ 5.59% |
1 Year | £0.0044 | ↘ 41.40% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Bridge Mutual (BMI) is a decentralized finance platform (DeFi). The DAO-managed discretionary risk coverage platform is based on the Ethereum network. Bridge Mutual is a permissionless as well as a decentralized risk coverage platform. Therefore, it provides risk/insurance coverage for stablecoins, smart contracts, and other services. Moreover, the platform allows users to purchase risk coverage for funds, vote on policy claims, receive compensation, etc.
Bridge seeks to provide coverage of three types: smart contract coverage, stablecoin coverage, and exchange coverage. Stablecoin coverage helps to protect users from price crashes. The platform plans to introduce more traditional coverage in the blockchain network. The Bridge Mutual platform also functions on multi-chains, and hence exchange through its multi-chain strategy is made easy.
The whitepaper states there is a demand for risk-mitigating solutions. Projects generally reduce the risks from bugs, hacks, etc. by hiring third-party smart contract auditors. In order to solve this, the platform provides smart-contract coverage policies for assets. Moreover, Bridge Mutual enables its users to create and provide liquidity for any smart exchange contract at any time in exchange for yield3. The platform also plans to start a dApp and a mobile version for offering rewards to users.
To participate in the platform, users purchase the BMI token and stake in Bridge coverage pools. The token can be used to vote and improve the platform and help it to remain secure, transparent, and competitive. Users may earn BMI tokens by providing coverage in the stablecoins, staking the current BMI token, voting on the coverage claims, and providing liquidity in Uniswap. Users may also receive multi-token rewards and branding benefits on the platform.
Mike Miglio is the cofounder, CEO, and helm of the project. Mike is responsible for all the financial decisions on the platform and token.
We update our Bridge Mutual to GBP currency in real-time. Get the live price of Bridge Mutual on Coinbase.
The current market cap of Bridge Mutual is £0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of Bridge Mutual is £4.08. This all-time high is highest price paid for Bridge Mutual since it was launched.
Over the last 24 hours, the trading volume of Bridge Mutual is £0.00.
Assets that have a similar market cap to Bridge Mutual include Decentral Games [new], TiFi Token, Spores Network, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Bridge Mutual is 65 million.
Bridge Mutual calculator
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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.
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