Interlay Logo

Interlay INTR

Interlay header image

1. Summary

Ranks

Liquidity
68
Developer
-
Social
77
Momentum (beta)
14
Stack Rankā„¢
-
Price
52W High price $0.08
52W High date 3rd Feb 2024 (5 months ago)
All Time High (ATH) Date 18th Jul 2022 (2 years ago)
ATH Price $0.20
% From ATH -90.81%
All Time Low (ATL) Date 13th Sep 2023 (10 months ago)
ATL Price $0.006560400000
% From ATL 181.1%
Supply & Trading Volume
Trading Volume (24h) $51,145.00
Total Supply 1.00B
Circulating Supply 152.42M
Description

Interlay Project

Interlay Project

Interlay is a decentralized project that allows users to earn passive income on their Bitcoin while keeping control over their private keys. The project is operated by a globally distributed, permissionless network that ensures best-in-class economic security through collateral insurance.

Governance

Interlay is governed by the community through the voting power of its governance token, INTR. Token holders participate in governance by voting on proposals and staking INTR to earn staking rewards. INTR is also used for utility purposes, supporting transaction fee payments.

Architecture

The Interlay architecture consists of four primary actors: Vaults, Reporting, Users, and the Governance Mechanism. Vaults are collateralized intermediaries that hold Bitcoin and issue interBTC tokens. Reporting monitors Vault activity. Users can create, use, and redeem interBTC. The Governance Mechanism ensures the correct operation of the system. Interlay is built on cutting-edge, peer-reviewed research and operates on Polkadot as an interBTC parachain.

Key Features

  • Vaults allow users to lock BTC and issue interBTC tokens at a 1:1 ratio.
  • Users can earn passive income, trade, or use interBTC as collateral.
  • Collateral insurance provides protection for assets.
  • Anyone can operate a Vault and earn fees on BTC volume.
  • The system is fully decentralized and users can redeem iBTC for native BTC trustlessly.
2. Price

INTR

2.1. Market Performance

How does Interlay's (INTR) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-34.1%

INTR

11.9%

Similar Market Cap

60 Day Return

-47.9%

INTR

-15.7%

Similar Market Cap

1 Year Return

17.3%

INTR

2.7%

Similar Market Cap

3. Developer Activity

We're monitoring 73 Interlay 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 Interlay Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 8
  • Past year: 0 commits vs. an average of 117

Most Active Repos

Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year

Top Developers 2024

In total, 424 developers have contributed to Interlay over the past year. Who are the most active Interlay developers, by commits, over the past year?

Related Projects

Developers working on Interlay 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
Active Reddit Users (past 24h)
Discord users 7,575
Active Discord Users 721
Telegram Users 4,136
Twitter followers 30,537
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://interlay.io/
Explorer https://interlay.subscan.io/
Twitter @InterlayHQ

Has Interlay been audited for security?

No security audits found for this project.

Are you the owner of Interlay? Edit it here

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