Sovryn, launched in 2021 on Rootstock, offers decentralized Bitcoin-based financial apps like trading, lending, stablecoins, and 0% loans, secured by Bitcoin miners.
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Sovryn is a decentralized application (launched in 2021) built on the Bitcoin sidechain called Rootstock. It is merge-mined and secured by Bitcoin miners. Sovryn offers a comprehensive financial operating system that connects different blockchains, enhances decentralization, and maintains Bitcoin's status as the sovereign currency—even when used in various financial services. The platform has developed numerous innovative financial tools for Bitcoin, including Spot Trading, Margin Trading, Limit Orders, Lending, Borrowing, Bitcoin-backed Stablecoins, and 0% Bitcoin-backed loans.
As of now, Sovryn is trading at 0.1776 USD, with a 24-hour trading volume of approximately 60.93K USD. The SOV to USD price is updated in real time. Over the past 24 hours, Sovryn has increased by 0.91%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 10.64M USD. Currently, there are 59 888 129.258392 SOV in circulation out of a maximum supply of 100 000 000 SOV.
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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