Details about Sovryn cryptocurrency
€105,414,526 ( -3.73342%)
€105,147
100,000,000
59,657,945
1.759
Unknown
https://sovryn.app
@SovrynBTC
10871x
€19132.6
Sovryn price charts
ESOV exchanges
Sovryn, the crypto
Sovryn (SOV) is a decentralized finance (DeFi) platform built on the Bitcoin blockchain, specifically the RSK network. It aims to provide users with a secure, transparent, and permissionless way to engage in a range of financial activities, including borrowing, lending, trading, and yield farming, among others.
The point
The main point of Sovryn (SOV) is to create a decentralized and censorship-resistant financial system that is more accessible, efficient, and user-friendly than traditional finance. By leveraging Bitcoin's security and liquidity, Sovryn aims to provide users with a platform that offers all the benefits of DeFi without the limitations of other blockchains.
The problem
Sovryn (SOV) aims to solve several problems that currently hinder the growth and adoption of DeFi, including high transaction fees, slow transaction times, lack of scalability, and limited interoperability. By utilizing the RSK network, Sovryn is able to address these issues and provide a seamless DeFi experience for users.
Compare SOV and BTC performance
Timeframe | SOV | BTC |
---|---|---|
1h change | -0.611033 % | -0.290589 % |
24h change | -3.9 % | -1.39273 % |
7 day change | -7.01 % | -5.47995 % |
14 day change | -12.97 % | -3.36116 % |
30 day change | 13.93 % | -9.61517 % |
200 day change | 797.27 % | 131.942 % |
Year change | 275.31 % | 122.351 % |