Cryptos: 9 180
Exchanges: 4
Market capitalization: $3.67T
About BID Protocol
BID Protocol is a decentralized auction system operating on the blockchain, specifically designed for BRC/INSCRIPTION assets. It utilizes a Dutch auction mechanism, ensuring fair pricing through gas fee adjustments within the mempool. Participants can increase their bids at any time to improve their chances of winning, and buyers can also enter the auction with substantial offers to directly acquire the assets.
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
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