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About OSMO

Osmosis (OSMO) is a cryptocurrency launched in 2021. OSMO has a current supply of 997.89M with 686.66M in circulation. The last known price of OSMO is 0.543652879396 USD and is -0.015828577182 over the last 24 hours. It is currently trading on active market(s) with $5.61M traded over the last 24 hours. More information can be found at https://osmosis.zone/.

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OSMO Price Statistics
OSMO’s Price Today
24h Price Change
-$0.0158285771822.83%
24h Volume
$5.61M43.14%
24h Low / 24h High
$0.51809095 / $0.53015313
Volume / Market Cap
0.015030253577
Market Dominance
0.02%
Market Rank
#178
OSMO Market Cap
Market Cap
$373.30M
Fully Diluted Market Cap
$543.65M
OSMO Price History
7d Low / 7d High
$0.48468951 / $0.56035226
All-Time High
$11.21Mar 04, 2022
All-Time Low
$0.4476942Jun 15, 2023
OSMO Supply
Circulating Supply
686.66M
Total Supply
997.89M
Max Supply
1.00Bn
Updated Oct 06, 2024 6:28 pm
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OSMO
Osmosis
$0.543652879396
$0.015828577182(-2.83%)
Mkt Cap $373.30M
There's nothing here for now
Grayscale Launches Dynamic Income Fund Focused on Proof-of-Stake Crypto Assets
Grayscale Launches Dynamic Income Fund Focused on Proof-of-Stake Crypto Assets
According to CryptoPotato, Grayscale announced the launch of its Grayscale Dynamic Income Fund (GDIF) on March 29. The new fund is the company's first actively managed investment product, aiming to optimize income through staking rewards associated with proof-of-stake crypto assets. This move comes as the world's largest crypto asset manager seeks to retain clients and capital after a significant exodus from its flagship product, Grayscale Bitcoin Trust (GBTC), and its conversion to a spot Bitcoin ETF. Grayscale's GDIF will invest capital across a portfolio of proof-of-stake tokens, using qualitative and quantitative factors. The fund plans to monetize token rewards into cash on a weekly basis, distribute earnings to investors quarterly, and rebalance tokens to optimize income. The disclosed holdings of the fund include 24% in Osmosis token (OSMO), 20% in Solana (SOL), and 14% in Polkadot (DOT), with the remaining 43% labeled as 'other.' Notably, there was no mention of Ethereum, the world's largest proof-of-stake token. The GDIF is managed by Portfolio Manager Matt Maximo and is only available to high-net-worth individuals with assets under management of more than $1.1 million or a net worth of more than $2.2 million. The fund also has a 10% performance fee. Meanwhile, Grayscale's GBTC has lost 46% of its value, or $20 billion, since converting to a spot ETF in January. Competing products from BlackRock and Fidelity have gained more, reversing a trend of outflows for Bitcoin ETFs. The global staking market capitalization is around $355 billion, with Ethereum leading the way with $110 billion worth staked, followed by Solana with $72 billion staked, and SUI, Aptos, and Cardano each having around $15 billion worth staked.
Mar 31, 2024 9:54 am

Frequently Asked Questions

  • What Is Osmosis (OSMO)?

    Osmosis (OSMO) is a decentralized exchange (DEX) for Cosmos, an ecosystem of sovereign, interoperable blockchains all connected trustlessly over IBC, the Inter-Blockchain Communication Protocol. Osmosis also offers non-IBC assets bridged from the Ethereum and Polkadot ecosystems. Originally based on Balancer-style pools, Osmosis is moving to a more sustainable concentrated liquidity model that provides a superior trading and liquidity provision experience.

    As an appchain DEX, Osmosis has greater control over the full blockchain stack than DEXs that must follow the code of a parent chain. This fine-grained control has enabled, for example, the development of Superfluid Staking, an improvement to Proof-of-Stake security. Superfluid staking allows the underlying OSMO in an LP position to add to chain security and earn staking rewards for doing so. The customizability of appchains also allows for the development of a transaction mempool shielded with threshold encryption, which will greatly reduce harmful MEV on Osmosis.

    Osmosis's vision is to build a cross-chain native DEX and trading suite that connects all chains over IBC, including Ethereum and Bitcoin. To build out the trading functionalities, Osmosis has invited external developers to create a bespoke DEX ecosystem that includes lending, credit, margin, fiat on-ramps, Defi strategy vaults, NFTs, stablecoins, and more – all the functionalities of a centralized exchange and more, plus the trust-minimization of decentralized finance.

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  • Who Are The Founders Of Osmosis?

    Osmosis was launched by the members of two core Cosmos teams: Sunny Aggarwal and Dev Ojha from Sikka validator and Tendermint, and Josh Lee and Tony Yun from Keplr, the Interchain Wallet.

    One of the investors in Osmosis is Paradigm, a digital asset investment firm with stakes in countless other blockchains and protocols like Uniswap, Maker, and Coinbase to name a few.

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  • What Makes Osmosis Unique?

    The Osmosis blockchain protocol has three key strengths that set it apart from other AMM money market protocols.

    First, Osmosis has customizable liquidity pools. Unlike Uniswap, where LPs can provide liquidity only to a two-token pool with an equal ratio, Osmosis allows for providing liquidity to pools with several tokens and unequal ratios. Osmosis argues that agents in a maturing DeFi market like arbitrageurs and LPs need a more flexible solution that allows them to self-identify opportunities and react to them by adjusting parameters. Thus, on Osmosis LPs can adjust factors slippage, transaction fees, and more.

    Coordination between stakeholders is of equal importance, which is why liquidity pool shares on Osmosis are not only used to calculate the fractional ownership of a liquidity pool, but also the right to participate in the strategic decision-making of the liquidity pool as well. This incentivizes long-term liquidity provision and prevents possible vampire attacks from other protocols. Thus, liquidity providers with more skin in the game get a bigger say in the strategic direction of the pool, which is in line with the bigger risk they're taking.

    Finally, Osmosis introduces the idea of "AMMs as serviced infrastructure." With an increase in the amount and complexity of DeFi products, AMMs have had to:

    • Compromise efficiency and trade on AMMs with non-optimal bonding curves.
    • Take on the risk of building a custom AMM to maximize efficiency.

    Osmosis wants to remedy that by providing AMM creators with an option to define the bonding curve value function and reuse the rest of the infrastructure using Osmosis' products.

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  • How Many Osmosis (OSMO) Coins Are There in Circulation?

    OSMO is the protocol's governance token with a total supply of 1 billion. At genesis, 100 million OSMO was released, split evenly between airdrop recipients and a strategic reserve. Tokens are being released at the end of each daily epoch and follow a "thirdening" schedule, meaning token issuance is cut by a third each year. In the first year, 300 million OSMO will be released, in the second 200 million OSMO, in the third 133 million OSMO, and so on. Newly released tokens are distributed as follows:

    • Staking Rewards: 25%
    • Developer Vesting: 25%
    • Liquidity Mining Incentives: 45%
    • Community Pool: 5%

    The total token distribution is as follows:

    • Liquidity Reward Mining: 40.5%
    • Developer Vesting: 22.5%
    • Staking Reward: 22.5%
    • Community Pool: 4.5%
    • Strategic Reserve: 5%
    • Airdrop: 5%
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  • How Is the Osmosis Network Secured?

    Osmosis is a sovereign proof-of-stake blockchain with its own validator set.

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  • Where Can You Buy Osmosis (OSMO)?

    OSMO is available on Osmosis, Binance.com, Crypto.com, and MEXC.

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  • What is the all-time high price of Osmosis (OSMO)?

    The all-time high of OSMO was 11.21 USD on 2022-03-04, from which the coin is now down 95.15028653527209%. The all-time high price of Osmosis (OSMO) is 11.21. The current price of OSMO is down 95.15028653527209% from its all-time high.

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  • How much Osmosis (OSMO) is there in circulation?

    As of , there is currently 686.66M OSMO in circulation. OSMO has a maximum supply of 1.00Bn.

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  • What is the market cap of Osmosis (OSMO)?

    The current market cap of OSMO is 373.30M. It is calculated by multiplying the current supply of OSMO by its real-time market price of 0.543652879396.

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  • What is the all-time low price of Osmosis (OSMO)?

    The all-time low of OSMO was 0.4476942 , from which the coin is now up 21.433978683663995%. The all-time low price of Osmosis (OSMO) is 0.4476942. The current price of OSMO is up 21.433978683663995% from its all-time low.

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  • Is Osmosis (OSMO) a good investment?

    Osmosis (OSMO) has a market capitalization of $373.30M and is ranked #178 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Osmosis (OSMO) price trends and patterns to find the best time to purchase OSMO.

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