Note: This cryptocurrency has not yet been officially listed on KuCoin Thailand.
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Ithaca Protocol is a decentralized platform that lets you trade options and structured financial products without intermediaries. It operates on the Arbitrum blockchain, aiming to create more liquid and efficient financial markets. Ithaca Protocol's native cryptocurrency is ITHACA.
The platform uses an auction-based matching engine to ensure fair and optimal trade execution. This design helps prevent issues like high-frequency trading and miner extractable value (MEV) exploitation.
Ithaca Protocol is a decentralized platform for trading options and related financial products. It operates without intermediaries, giving you full control over your assets. The protocol uses a unique matching engine that combines orders for different instruments into a single auction, enhancing liquidity and ensuring fair pricing.
You can access Ithaca through its web app, which offers a user-friendly interface for placing orders and managing your positions.
The platform supports various strategies, from simple options to complex structured products, catering to both beginners and advanced traders.
Ithaca's infrastructure is designed to be cross-chain, allowing you to trade assets across different blockchains seamlessly. This flexibility enables optimal risk management and access to a broader range of financial instruments.
Ithaca Protocol is a decentralized options trading platform founded by an ex-Goldman Sachs partner and an Amber Group executive. In Q4 2023, the project secured $2.8 million in pre-seed funding, led by Cumberland and Wintermute Ventures.
The beta version launched on May 29, 2024, introducing an airdrop campaign to reward early users. On December 19, 2024, Ithaca listed its token, ITHACA, on the BNB Chain. Looking ahead, the roadmap includes expanding to Base and Solana in Q1 2025, aiming to enhance cross-chain capabilities.
The Ithaca Protocol (ITHACA) token serves multiple purposes within the Ithaca ecosystem. Primarily, it facilitates governance, allowing you to participate in decision-making processes regarding protocol upgrades and changes.
Additionally, holding ITHACA tokens can provide access to exclusive features and benefits within the platform. Beyond its utility within the ecosystem, you can trade Ithaca Protocol tokens on various exchanges. For instance, KuCoin listed ITHACA on December 19, 2024, enabling you to trade it on the spot market.
Ithaca Protocol's tokenomics are designed to align incentives among stakeholders, including insiders, the community, liquidity providers, and governance participants. The total supply is fixed at 1 billion ITHACA tokens.
> Investors: 19.25% (192.5 million tokens) with a 6-month cliff and 18-month vesting.
> Team: 20% (200 million tokens) with a 12-month cliff and 18-month vesting.
> Public Sale: 2% (20 million tokens) with 40% unlocked at TGE, a 1-month cliff, and 3-month vesting.
> Treasury: 18% (180 million tokens) with a 6-month cliff and 10-month vesting.
> Liquidity: 5% (50 million tokens) fully unlocked at TGE.
> Community Airdrop: 1.8% (18 million tokens) with a 1-month cliff and 20-month vesting.
> Strategic Partners: 13% allocated between Engine Oracle and Quoting Infrastructure partners with varying cliffs and vesting periods.
> Staking Incentives: 20% (200 million tokens) with 2% unlocked at TGE and 30-month vesting.
> Launch Pad: 0.2% (2 million tokens) with a 1-month cliff and 5-month vesting.
Is Ithaca Protocol (ITHACA) a Good Investment?
The following factors suggest that investing in ITHACA could provide exposure to a growing and innovative segment of the DeFi market.
1. Innovative Options Trading: Ithaca provides a decentralized platform for options and structured products, enhancing your trading opportunities.
2. Advanced Matching Engine: Its auction-based matching engine optimizes liquidity and execution, potentially improving your trading outcomes.
3. Cross-Chain Infrastructure: Ithaca's cross-chain capabilities enable seamless trading across multiple blockchains, offering you greater flexibility.
4. Strong Backing: The protocol has secured significant funding from reputable investors, indicating confidence in its potential growth.
5. Active Development Roadmap: With plans to expand to platforms like Base and Solana, Ithaca aims to broaden its ecosystem, potentially increasing your investment's value.
What Is Ithaca Protocol Price Prediction?
These elements interact dynamically, affecting the ITHACA price prediction:
1. Market Demand and Supply: High demand with limited supply can drive up the Ithaca Protocol price, while low demand or increased supply may lower the ITHACA to USD price.
2. Ithaca Protocol’s Adoption: Increased use of Ithaca's decentralized options trading platform can boost the Ithaca token price.
3. $ITHACA Token Utility: Functions like governance rights, staking rewards, and fee discounts can enhance demand, supporting the $ITHACA price.
4. Market Sentiment: Positive news and investor confidence can raise the ITHACA crypto price; negative sentiment can have the opposite effect.
5. Overall Crypto Market Trends: General market movements often impact individual token prices.
What is the all-time high price of Ithaca Protocol (ITHACA)?
The all-time high price of Ithaca Protocol (ITHACA) is 0.18. The current price of ITHACA is down -- from its all-time high.
How much Ithaca Protocol (ITHACA) is there in circulation?
As of 1 25, 2026, there is currently 79,786,095 ITHACA in circulation. ITHACA has a maximum supply of 1B.
How do I store Ithaca Protocol (ITHACA)?
You can store your Ithaca Protocol in the custodial wallet of a cryptocurrency exchange without having to worry about managing your private keys. Other ways to store your ITHACA include using a self-custody wallet (on a web browser, mobile device, or desktop), a hardware wallet, a third-party crypto custody service, or a paper wallet.
