Ithaca Protocol builds a non-custodial, cross-chain option protocol with AMM and collateral optimization for risk sharing.
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Ithaca Protocol is building a non-custodial and composable options protocol. Its goal is to establish permissionless cross-chain infrastructure for efficient risk sharing. Key components include an Options Trading Protocol, an Algorithmic Market Maker, and a Collateral Optimization Engine. Future developments will include margin lending/liquidation tools and decentralized governance. Ithaca prioritizes liquidity, composability, and cross-chain functionality, utilizing partnerships like Axelar to boost interoperability.
As of now, Ithaca Protocol is trading at 0.01422 USD, with a 24-hour trading volume of approximately 48.50K USD. The ITHACA to USD price is updated in real time. Over the past 24 hours, Ithaca Protocol has increased by 1.28%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 1.29M USD. Currently, there are 90 472 411 ITHACA in circulation out of a maximum supply of 1 000 000 000 ITHACA.
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