Bridge Mutual Logo

Bridge Mutual BMI

Bridge Mutual header image

1. Summary

Ranks

Liquidity
41
Developer
-
Social
79
Momentum (beta)
0
Stack Rankā„¢
-
Price
$0.002716960000 +0.0%
Market Cap
$175,838.00 (#6036)
Supply
64.70M / 160.00M
Price
52W High price $0.009018457200
52W High date 6th Apr 2024 (8 months ago)
All Time High (ATH) Date 3rd Feb 2021 (3 years ago)
ATH Price $5.46
% From ATH -99.91%
All Time Low (ATL) Date 22nd Oct 2024 (1 month ago)
ATL Price $0.000310820000
% From ATL 1554.46%
Supply & Trading Volume
Trading Volume (24h) $144.00
Total Supply 160.00M
Max Supply 160.00M
Circulating Supply 64.70M
Description

Bridge Mutual is a decentralized, discretionary p2p/p2b insurance platform that provides coverage for stablecoins, centralized exchanges, and smart contracts. Its platform allows users to provide insurance coverage, decide on insurance payouts, and get compensated for taking part in the ecosystem. The platform includes features such as:

Bridge Mutual is a decentralized, discretionary p2p/p2b insurance platform that provides coverage for stablecoins, centralized exchanges, and smart contracts. Its platform allows users to provide insurance coverage, decide on insurance payouts, and get compensated for taking part in the ecosystem. The platform includes features such as:

Leveraged Portfolio

A specially dedicated pool where users can deposit their funds for leveraging and get exposed to a high-reward / high-risk pool. This leveraged portfolio acts as a leveraged coverage provider and offers a much higher APY than regular coverage provision. Users participating in leveraged portfolios get rewards in stablecoins, BMI tokens, and Shield mining tokens.

Reinsurance Pool

Bridge Mutual's Reinsurance Pool (RP) incorporates protocol-owned funds. The interest is earned from three factors: DeFi Yield Generator, Protocol Fee, and Reward Pool. The reinsurance pool acts as an internal coverage provider, which may significantly de-risk the protocol at no additional expense for regular Coverage Providers.

Capital Pool

The BMI-platform-owned pool that manages and distributes funds both internally and externally. It is responsible for coverage liquidity withdrawals, policy payouts, as well as for investing in 3rd party DeFi protocols to generate protocol-owned yield. Its ā€œliquidity cushionā€ is rebalanced daily to always guarantee continuous operations and payouts.

Bridge Mutual aims to revolutionize traditional insurance by providing a decentralized, transparent, and efficient platform for users to manage risk and earn rewards. The platform allows users to participate in various capacities, including providing coverage, purchasing policies, and taking part in decision-making processes. BMI tokens can be used to vote and improve Bridge Mutual to maintain security, competitiveness, and transparency.

2. Price

BMI

2.1. Market Performance

How does Bridge Mutual's (BMI) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

8.1%

BMI

7.0%

Similar Market Cap

60 Day Return

37.2%

BMI

12.0%

Similar Market Cap

1 Year Return

25.5%

BMI

6.4%

Similar Market Cap

3. Developer Activity

We're monitoring 5 Bridge Mutual GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Bridge Mutual Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 7
  • Past year: 0 commits vs. an average of 102

Most Active Repos

Past week 0
Past 12 weeks 17
Past year 17
Past week 2
Past 12 weeks 4
Past year 4
Past week 0
Past 12 weeks 0
Past year 1
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year

Top Developers 2024

In total, 71 developers have contributed to Bridge Mutual over the past year. Who are the most active Bridge Mutual developers, by commits, over the past year?

Related Projects

Developers working on Bridge Mutual also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 0
Active Reddit Users (past 24h) 0
Discord users 105
Active Discord Users 16
Telegram Users 1,268
Twitter followers 12
5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://bridgemutual.io
Explorer https://etherscan.io/token/0x725c263e32c72ddc3a19b...
Twitter @Bridge_Mutual

What is the correct contract address for Bridge Mutual?

Ethereum 0x725c263e32c72ddc3a19bea12c5a0479a81ee688

Has Bridge Mutual been audited for security?

No security audits found for this project.

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