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Ribbon Finance

Ribbon Finance priceRBN

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Ribbon Finance price live data summary

The live price of Ribbon Finance is $1.1 per (RBN / USD) today with a current market cap of $589.97M USD. The 24-hour trading volume is $7.94M USD. RBN to USD price is updated in real time. Ribbon Finance is -5.49% in the last 24 hours. It has a circulating supply of 537,093,440 .

What is the highest price of RBN?

RBN has an all-time high (ATH) of $4.89, recorded on 2021-10-07.

What is the lowest price of RBN?

RBN has an all-time low (ATL) of $0.1253, recorded on 2023-05-18.

Ribbon Finance price performance in USD

24h7d30d90d1yAll-time
-5.49%-36.12%-17.77%+169.33%+460.51%--

Ribbon Finance price history in USD

TimeLowHigh
24h$1.09$1.16
7d$1.09$1.73
30d$1.09$1.75
90d$0.3980$1.91
1y$0.1253$1.91
All-time$0.1253(2023-05-18, 335 days ago )$4.89(2021-10-07, 2 years ago )

Ribbon Finance market information

Market cap
$589,972,842.48
-5.49%
Fully diluted market cap
$1,098,454,753.01
-5.49%
Volume (24h)
$7,943,401.02
-20.31%
Market rankings
Circulation rate
+53.00%
24h volume / market cap
0.0134
Circulating supply
537,093,440 RBN
Total supply / Max supply
1,000,000,000 RBN
-- RBN

Ribbon Finance ratings

Average ratings from the community
4.4
100 ratings
This content is for informational purposes only.

Ribbon Finance Social Data

In the last 24 hours, the social media sentiment score for Ribbon Finance was 3, and the social media sentiment towards Ribbon Finance price trend was Bullish. The overall Ribbon Finance social media score was 0, which ranks 655 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,641,305 times, with Ribbon Finance being mentioned with a frequency ratio of 0%, ranking 714 among all cryptocurrencies.

In the last 24 hours, there were a total of 287 unique users discussing Ribbon Finance, with a total of Ribbon Finance mentions of 33. However, compared to the previous 24-hour period, the number of unique users increase by 16%, and the total number of mentions has increase by 14%.

On Twitter, there were a total of 0 tweets mentioning Ribbon Finance in the last 24 hours. Among them, 0% are bullish on Ribbon Finance, 0% are bearish on Ribbon Finance, and 100% are neutral on Ribbon Finance.

On Reddit, there were 2 posts mentioning Ribbon Finance in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 50% . Additionally, there were 0 comments mentioning Ribbon Finance. Compared to the previous 24-hour period, the number of mentions decrease by 0%.

All social overview

Average sentiment(24h)
3
Social score(24h)
0(#655)
Social contributors(24h)
287
+16%
Social mentions(24h)
33(#714)
+14%
Social dominance(24h)
0%
Twitter
Tweets(24h)
0
0%
Twitter sentiment(24h)
Bullish
0%
Neutral
100%
Bearish
0%
Reddit
Reddit score(24h)
5
Reddit posts(24h)
2
-50%
Reddit comments(24h)
0
0%

About Ribbon Finance(RBN)

What Is Ribbon Finance?

Ribbon Finance is a decentralized finance (DeFi) protocol that specializes in creating structured products centered around options, offering a plethora of structured crypto products and investment strategies. Launched on the Ethereum mainnet in early 2021, Ribbon Finance has expanded its reach, deploying across Ethereum, Avalanche, Solana, and BNB Smart Chain, with liquidity primarily concentrated on Ethereum. It stands out in the dynamic DeFi marketplace by offering products that streamline strategies familiar in traditional finance like derivatives, options, and safety-first covered call investments, thus reducing risks and offering steady rewards.

Ribbon Finance's standout product is the Theta Vault, which employs smart contracts to utilize users' funds for executing strategies involving covered call or put options. It is meticulously crafted by a team specializing in strategies that enhance asset yields and relies on the Opyn protocol as its foundation. Ribbon Finance has democratized access to options trading, lowering the barriers to entry and providing a harbor of relatively stable returns, making it easier for users to participate in yield strategies developed by a team of financial experts.

Resources

Official Documents: https://docs.ribbon.finance/

Official Website: https://www.ribbon.finance/

How Does Ribbon Finance Work?

Ribbon Finance operates through one-click deposit “vaults,” allowing users to automate complex investment strategies and visualize portfolio changes based on real-time market conditions. These vaults manage and execute composite option strategies to ensure returns, taking over the complex tasks of pricing and risk management from the users. The protocol uses derivatives like options to generate sustainable, risk-adjusted yield, allowing users to deposit their assets and let the smart contracts do the rest.

Ribbon Finance offers the following services:

- Theta Vaults, or DeFi Options Vaults (DOVs), are yield-focused strategies involving the sale of European options with weekly expiration. These vaults reinvest the premiums earned from option sales, compounding returns over time. Two active types of Theta Vaults are covered call selling and put selling.

- Ribbon Earn offers fully funded strategies that capitalize on intra-week ETH movements while protecting capital, with two available vaults: Earn USDC and Earn stETH.

- Ribbon Treasury provides private Theta vaults for DAOs to run covered calls on their native tokens, allowing customization of parameters such as strike selection, tenor, and premium currency.

- Ribbon Lend enables uncollateralized lending to institutional market makers, offering high yields, no lockups, off-chain enforcement, and built-in insurance.

What Is RBN Token?

The RBN token is the ERC-20 governance token of the Ribbon Finance protocol, used to vote on decisions pertaining to the protocol. Ribbon Finance conducted an airdrop in May 2021, decentralizing governance processes by distributing RBN tokens to early Ribbon supporters. The tokenomics of RBN is designed to align the incentives between RBN crypto holders and the yield earned by vault depositors. Ribbon Finance has also introduced veRBN, a token providing further utility and incentives tied specifically to vault rewards and performance, accessible only by loyal and experienced Ribbon users who lock RBN.

Ribbon Finance's Impact on Finance

Ribbon Finance has had a profound impact on the world of finance by offering innovative solutions in the DeFi space. It has successfully brought structured financial products on-chain, overcoming challenges such as volatile gas costs and low liquidity, and has greatly reduced the costs of options trading. Ribbon Finance has been a trailblazer in constructing options through structured products, enjoying the vantage point of being a first mover. It has the potential to consistently garner revenue as the team tirelessly forges ahead, unveiling a cavalcade of products designed to elevate yields. Ribbon Finance's innovations are paving the way for a more mature and evolved DeFi market, potentially etching its name as a titan in the on-chain options market.

What Determines Ribbon Finance's Price?

The price of Ribbon Finance, like other cryptocurrencies, is influenced by a myriad of factors, ranging from market trends to cryptocurrency news, and is subject to the laws of supply and demand. Cryptocurrency enthusiasts and experts closely monitor Ribbon Finance price predictions, analyzing cryptocurrency charts and trends to gauge the token's potential trajectory in the cryptocurrency market. The analysis of Ribbon Finance’s price is crucial for crypto community members looking to determine whether it is a good investment, especially those aiming to diversify their crypto portfolio management strategies and optimize their positions in the best crypto investments for 2023 and beyond.

Cryptocurrency market volatility is another significant determinant of Ribbon Finance price, with sudden market movements often leading to substantial price fluctuations. Cryptocurrency risks and security are also paramount considerations, as any compromise in the security of the blockchain can impact investor confidence and, subsequently, the price of the token. Additionally, the broader cryptocurrency regulation landscape can play a pivotal role in shaping Ribbon Finance's value, with regulatory developments having the potential to either bolster or hinder cryptocurrency adoption.

For those wondering where to buy cryptocurrency like Ribbon Finance, it can be acquired on leading exchanges such as Bitget, where cryptocurrency for beginners and seasoned investors alike is accessible. It is essential for potential buyers to stay abreast of the latest cryptocurrency news and events, engage with cryptocurrency influencers, and consult cryptocurrency analysis before making any purchasing decisions to navigate the crypto market effectively and make informed investment choices.

How to buy Ribbon Finance (RBN)

Buying Ribbon Finance on Bitget is fast and simple.
You just have to create an account, complete identity verification, deposit funds, and your trading journey is all set!
For more information, refer to How to buy Ribbon Finance (RBN) .

Trade RBN perpetual futures

After having successfully signed up on Bitget and purchased USDT or RBN tokens, you can start trading derivatives, including RBN futures and margin trading to increase your income.

The current price of RBN is $1.1, with a 24h price change of -5.49%. Traders can profit by either going long or short onRBN futures.

Join RBN copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or RBN tokens, you can also start copy trading by following elite traders.

Ribbon Finance news

See more
profileImg

BlackRock Revises Spot Bitcoin ETF Proposal Ahead of Rumored SEC Approvals

Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds.

Coindesk2023/12/18 21:31#Markets#Bitcoin ETF#BlackRock
profileImg

Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain

The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.

Coindesk2023/11/16 08:00#Business#Sushi#SushiSwap
profileImg

Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally

“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”

Coindesk2023/07/25 12:47#Business#Twitter#DOGE
profileImg

Bitcoin Inscriptions Not a Fading Trend | Crypto Daily Digest Sep. 8

While Bitcoin NFT sales have declined, Ordinals inscriptions continue rising.

TokenInsight2023/09/08 13:49#Bitcoin#NFT
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Friend.tech Gaining Momentum | Crypto Daily Digest Aug. 22

The latest update you need to know about Friend.tech

TokenInsight2023/08/22 15:31#Social#Coinbase

People are also inquiring about the price of Ribbon Finance.

What is the current price of Ribbon Finance?

We update our Ribbon Finance to USD price in real time. Get the live Price of Ribbon Finance on Bitget.

What is the 24 hour trading volume of Ribbon Finance?

Over the last 24 hours, the trading volume of Ribbon Finance is $7.94M.

What is the all-time high of Ribbon Finance?

The all-time high of Ribbon Finance is $4.89. This all-time high is highest price for Ribbon Finance since it was launched.

Can I buy Ribbon Finance on Bitget?

Yes, Ribbon Finance is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Ribbon Finance guide.

Can I get a steady income from investing in Ribbon Finance?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Ribbon Finance with the lowest fee?

We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.

Is Ribbon Finance (RBN) a good investment?

Ribbon Finance (RBN) presents an intriguing opportunity in the DeFi space, particularly for those interested in structured options products. The protocol's unique approach to offering various strategies, including volatility management, enhanced returns, capital protection, and compound interest, sets it apart. However, like any investment, its suitability depends on individual goals and risk tolerance. Potential investors should assess Ribbon Finance's track record, the team's expertise, and the adoption of its products within the DeFi ecosystem. Additionally, they should consider market conditions and factors that influence the RBN token's price.

What factors influence RBN token price?

The price of the RBN token is influenced by a range of factors. Firstly, the success and adoption of Ribbon Finance's products, such as Theta Vault and Ribbon Earn, play a crucial role. The DeFi market's overall performance and investor sentiment can also impact token prices. Developments in the broader cryptocurrency market, regulatory changes, and macroeconomic trends can have ripple effects on RBN's value. Moreover, the team's ability to execute their roadmap, form strategic partnerships, and introduce new features can significantly influence token prices. News events and market volatility should also be considered when evaluating RBN's price movements.

What is the use case of Ribbon Finance?

Ribbon Finance serves as a pioneering protocol in the DeFi space, specializing in structured options products. These products offer users various strategies for managing volatility, enhancing returns, protecting capital, and compounding interest. Ribbon Finance empowers users to create synthetic assets based on their preferences, further diversifying their investment portfolios. The protocol aims to democratize access to financial markets by allowing users to tokenize derivatives from traditional financial markets. It contributes to lowering entry barriers for institutions and individuals, particularly from developing economies, providing equal opportunities for owning financial derivatives through tokenization. Ribbon Finance's offerings, such as Theta Vault and Ribbon Earn, cater to DeFi users seeking innovative options strategies within a composable DeFi ecosystem.

What is the Theta Vault?

Theta Vault, created by a specialized team, offers option-structured products. It relies on the Opyn protocol and includes Covered Call Theta Vault and Put-Selling Vault. Users deposit assets into Theta Vaults, like T-ETH-C, where algorithms select strike prices. The vault deposits users' ETH into Opyn weekly, mints oTokens, and auctions them on the Gnosis platform. Premiums from auctions go to vaults. If ETH doesn't reach the strike price, vaults reclaim ETH. If it does, oToken holders can exercise the option. Options pricing is based on the Black-Scholes model, with Chainlink oracles for spot prices and 10 Delta IV from Deribit for implied volatility. The oTokens are auctioned on Fridays, with a 10% performance fee and 2% management fee. Vault products democratize options trading but may face buyer liquidity issues. Ribbon collaborates with market makers to underwrite options buyers. This innovative approach aims to enhance asset yields for users.

How does Ribbon Earn work?

Ribbon Earn introduces yield vaults, including USDC and ETH options. R-EARN vault uses user assets to buy US Dollar Bonds, delivering returns. Simultaneously, it invests in par barrier options. The USDC vault imposes a 15% performance fee. The R-STETH-EARN vault allocates 0.5% of user-deposited ETH to Lido for earnings. The rest is invested in par barrier options, with a 15% performance fee.

What are RBN tokenomics?

RBN is Ribbon Finance's governance token, with 1 billion tokens in total. The allocation includes 49% for governance, 23% for teams, 15% for investors, 8% for the company, 1% for market makers, 1% for liquidity mining, and 3% for airdrops.
Cryptocurrency investments, including buying Ribbon Finance online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Ribbon Finance, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Ribbon Finance purchase. This page and any information included are not an endorsement of any particular cryptocurrency.

Trade

Earn

RBN is available for trading on the Bitget Exchange, and can be held in custody on Bitget Wallet. Bitget Exchange is also one of the first CEX platforms to support RBN trades.
You can trade RBN on Bitget.

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