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Cover Protocol (COVER)

What's Cover Protocol price? How much potential does it have? How to buy Cover Protocol? And where can you buy it? Find answers to all of those as well as to many others questions related to it and discover cryptos in the same category. And see how COVER compares to Bitcoin based on its performance!
(Price data last updated about 10 hours ago)
Buy COVER in these exchanges:

MEXC Global logo
BUY COVERUSAU.S traders accepted and KYC optional
It is possible to withdraw up to 0.1 BTC/day with no KYC. New user bonus is up to 1000 USDT in cash, vouchers, etc.
MEXC Global review

Cover Protocol

Data last updated about 10 hours ago
COVER All Time Low/High: €8.08 (+76%) / €1395.34 (-99%)
Current price
EUR Price
€ 14.25
24h
Negative percentage
-4.02%
Week
Positive percentage
1.82%
14 days
Positive percentage
6.24%
Month
Positive percentage
13.57%
Year
Negative percentage
-32.45%
Cover Protocol coin logo
Disclaimer: While Cryptolorium always tries to offer correct and up-to-date data, it can sometimes be wrong. Cryptolorium assumes no responsibility or liability for any errors or omissions in the content of this site. So we suggest you pay attention to any abnormalities yourself and take all information brought out on this page with a grain of salt. And as always, keep in mind that trading cryptos involves risks which may result in partial or full loss of your investment.

Compare COVER and BTC performance

TimeframeCOVERBTC
1h change1.09498 %-0.100479 %
24h change-4.02 %-1.87823 %
7 day change1.82 %-3.15045 %
14 day change6.24 %1.30251 %
30 day change13.57 %33.2981 %
200 day change-9.52 %-7.43556 %
Year change-32.45 %-41.5029 %

How popular is Cover Protocol cryptocurrency?

Cover Protocol ranks 1902th among all cryptocurrencies. It has a market cap of €1127578. The total trading volume within the last 24 hours was €75511.

How much potential does it have?

How much can Cover Protocol grow? It's hard to say how much potential this cryptocurrency has exactly, but based on its circulating supply (79,179), it can theoretically grow at least 364476x before it would become more popular than Bitcoin. This means that based on COVER maximum potential it could reach €5193790 before it would have to overtake Bitcoin.

How to buy Cover Protocol?

The easiest way to buy COVER is to use a cryptocurrency exchange. There are a lot of exchanges out there these days - both centralized and decentralized. And you can find this cryptocurrency in a number of exchanges these days. Currently there should be the very minimum of 5 Cover Protocol exchanges available.
  • Find the exchanges that have Cover Protocol listed (you can see most exchanges listed above)
  • Compare crypto exchanges you just found to find the best one
  • Create an account in the exchange
  • If the exchange requires KYC, go through their verification process
  • Choose a payment method
  • And now just make a deposit to buy the crypto or buy it directly without fiat landing on your account.
All exchanges are different, but in most cases you can use at least two different payment methods - you can transfer crypto there and use that to buy COVER, or you can use credit/debit card. Obviously, there are more options, but these are the most common ones.

Where can you buy it?

COVER should be listed in these exchanges: Additionally you can also find COVER from , OKX, SpiritSwap, SpookySwap, Sushiswap.

Where can I find more information about Cover Protocol?

You can find more information about it through the crypto homepage and social media pages brought out on top of this page. And we always recommend you to do further research about the crypto yourself as well.

What is Cover Protocol?


Cover Protocol is a peer-to-peer insurance market, where the way it operates is more similar to prediction market. Unlike other insurance protocols, the governance token is not used for underwriting risk. 

To bootstrap coverage for a new protocol, market makers will need to be incentivized to stake collateral of DAI/yDAI to mint CLAIM and NOCLAIM tokens. All series covers a specified protocol and have a specified expiry date. During the expiry date, either CLAIM or NOCLAIM will have the full claim to the collaterals. 

For example, if 100 DAI is used to provide coverage for Compound protocol until an expiry date, it will yield 100 CLAIM and 100 NOCLAIM tokens. On the expiry date, if there is a valid claim event, every CLAIM token will receive 1 DAI while NOCLAIM token will expire worthless. The converse is true if there is no valid claim event. In this case, every NOCLAIM token will receive 1 DAI while CLAIM token will expire worthless.

Market Cap: €1127578 Rank: #1902Volume: €75511

Cover Protocol (COVER) live price chart

24h
7days
14 days
30 days
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1 year

Latest Tweets by Cover Protocol

10 other cryptos in Insurance category based on volume

SymbolVolumePrice7d change30d change
WNXM€1495840
€16.16
-2.8%111.7%
INSUR€239691
€0.074763
1.1%16.5%
TIDAL€203627
€0.00028984
12.5%46.7%
UNO€201734
€0.057082
-14.4%43.3%
NSURE€115624
€0.0122801
-3.3%14.5%
USF€69209
€0.0250951
18%72.6%
BMI€56416
€0.0131149
7.2%21.5%
UNN€22316
€0.00034168
2.3%41.3%
INFI€18148.1
€0.00199997
15.9%45.1%
BRIGHT€16551
€0.0103775
-0.2%15.8%

How big was Cover Protocol coin volume within the last 24h?
Cover Protocol (COVER) last recorded volume was € 75511.
How much has Cover Protocol price changed during one year?
COVER price has changed during the last year -32.45 %.
Is COVER coin close to its All Time High price?
COVER all time high price (ath) is €1395.34. Its current price is €14.25. This means that the difference between Cover Protocol (COVER) All Time High price and COVER current price is -99%.
What is the maximum price Cover Protocol (COVER) could VERY theoretically reach?
COVER has a current circulating supply of 79,179. Based on our calculation COVER could reach up to €5193790 before it would have to overtake Bitcoin. So in theory the potential for growth is 364476x its current value (€14.25). However, keep in mind that the coin's actual potential is based on the value it provides to the user. So this is just a logical maximum potential price calculation for Cover Protocol and in no way is it a prediction of any kind, far from it.
Where can you buy Cover Protocol?
Cover Protocol is currently listed on at least these crypto exchanges: OKX, MEXC Global, Sushiswap, SpookySwap and possibly some others.