Nest Protocol Logo

Nest Protocol NEST

Nest Protocol header image

1. Summary

Ranks

Liquidity
85
Developer
66
Social
100
Momentum (beta)
13
Stack Rankā„¢
40
Price
52W High price $0.01
52W High date 26th Jun 2023 (1 year ago)
All Time High (ATH) Date 10th Aug 2020 (3 years ago)
ATH Price $0.24
% From ATH -98.97%
All Time Low (ATL) Date 23rd May 2024 (2 months ago)
ATL Price $0.002318810000
% From ATL 5.38%
Supply & Trading Volume
Trading Volume (24h) $3.61M
Total Supply 10.00B
Max Supply 10.00B
Circulating Supply 5.93B
Description

Nest Protocol is a decentralized price oracle network built on the Ethereum blockchain. The protocol includes NEST Oracle and NESTcraft. Within NEST Oracle, a decentralized non-cooperative game network is employed to determine the final price through arbitrage and two-way options. This mechanism ensures 51% network assets are required for price att...

Nest Protocol is a decentralized price oracle network built on the Ethereum blockchain. The protocol includes NEST Oracle and NESTcraft. Within NEST Oracle, a decentralized non-cooperative game network is employed to determine the final price through arbitrage and two-way options. This mechanism ensures 51% network assets are required for price attacks and allows for price offers and verifiers. Users of NEST Protocol can participate in "quote mining," providing price quotes and receiving NEST tokens as rewards. The protocol is designed to ensure decentralized access to reliable, off-chain price information for DeFi projects. It eliminates the need for market makers and liquidity providers, providing infinite liquidity through risk sharing and smart contracts.

Key Features

  • NEST Oracle
    • Provides a stable, on-chain price oracle through arbitrage and two-way options
    • 51% network assets needed for price attacks
    • Allows for price offers and verifiers
  • Trading Infrastructure
    • No market makers or liquidity providers needed
    • Risk sharing and smart contracts provide infinite liquidity
  • NEST Token
    • Native token for liquidity and interaction
    • Earned through quote mining
  • Modules
    • NEST Oracle (on-chain prices)
    • NEST Assets (martingale transactions)
    • NESTcraft (martingale trading options)

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Community: The NEST community is focused on decentralization and innovation, with the NEST token at the heart of its interactions.FromFileDescription

History

  • 2018.12: NEST lending protocol launched
  • 2019.12: NEST Oracle V1.0 launched
  • 2020.07: NEST Oracle upgraded to support all ERC20 and ETH prices
  • 2022: NEST Protocol integrated with Crypto.com price page
  • 2022: NEST listed by Coinbase for experimental assets
2. Price

NEST

2.1. Market Performance

How does Nest Protocol's (NEST) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-22.6%

NEST

-14.9%

Similar Market Cap

60 Day Return

-46.4%

NEST

-25.0%

Similar Market Cap

1 Year Return

-80.9%

NEST

17.1%

Similar Market Cap

3. Developer Activity

We're monitoring 37 Nest Protocol 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 Nest Protocol Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 2 commits vs. an average of 8
  • Past year: 444 commits vs. an average of 117

Most Active Repos

Past week 0
Past 12 weeks 0
Past year 181
Past week 46
Past 12 weeks 46
Past year 46
Past week 0
Past 12 weeks 0
Past year 35
Past week 0
Past 12 weeks 0
Past year 23
Past week 0
Past 12 weeks 0
Past year 17
Past week 0
Past 12 weeks 0
Past year 14

Top Developers 2024

In total, 39 developers have contributed to Nest Protocol over the past year. Who are the most active Nest Protocol developers, by commits, over the past year?

Related Projects

Developers working on Nest Protocol 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
Active Discord Users
Telegram Users 38,483
Twitter followers 844,122
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://nestdapp.io/
Explorer https://etherscan.com/token/0x04abeda201850ac01241...
Twitter @BruceYang_NEST

What is the correct contract address for Nest Protocol?

Ethereum 0xcd6926193308d3b371fdd6a6219067e550000000
Binance-smart-chain 0xcd6926193308d3b371fdd6a6219067e550000000

Has Nest Protocol been audited for security?

No security audits found for this project.

Are you the owner of Nest Protocol? Edit it here

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