Opium Logo

Opium OPIUM

Opium header image

1. Summary

Limited data

  • 67% of the Opium code repositories are forked (originally copied) from another project.

Ranks

Liquidity
58
Developer
-
Social
62
Momentum (beta)
0
Stack Rankā„¢
-
Price
52W High price $0.17
52W High date 12th Mar 2024 (4 months ago)
All Time High (ATH) Date 4th Feb 2021 (3 years ago)
ATH Price $23.01
% From ATH -99.63%
All Time Low (ATL) Date 3rd Nov 2023 (8 months ago)
ATL Price $0.04
% From ATL 110.82%
Supply & Trading Volume
Trading Volume (24h) $4,673.00
Total Supply 100.00M
Max Supply 100.00M
Circulating Supply 17.10M
Description

Opium is a decentralized derivative protocol that offers two main products: USDT de-pegging insurance and a fixed interest rate investment product. The Opium protocol provides software for creating, settling, and trading derivatives in a trustless and decentralized manner. It is designed for experienced DeFi professionals who can evaluate associate...

Opium is a decentralized derivative protocol that offers two main products: USDT de-pegging insurance and a fixed interest rate investment product. The Opium protocol provides software for creating, settling, and trading derivatives in a trustless and decentralized manner. It is designed for experienced DeFi professionals who can evaluate associated risks, such as technical failure and permanent capital loss.

Features

  • Decentralized Transactions: The protocol allows for transactions between two or more parties without a traditional centralized intermediary.
  • USDT De-Pegging Insurance: This product protects users against potential depegging risks associated with the USDT stablecoin.
  • Fixed Interest Rate Investment: This product provides investors with a fixed rate of return, offering a stable and predictable investment option.

Governance

  • Community Governance: Opium is collectively governed by OPIUM token holders, who can participate in discussions, vote on proposals, and allocate resources to support selected initiatives.
  • Security: Each version of the protocol has passed two audits and has an ongoing bug bounty program to ensure security and stability.

Development

  • Developers: The protocol allows developers to create and deploy custom derivative products and automated trading strategies without requiring extensive technical knowledge.
  • Grant Program: The Opium DAO supports developers and promotes a grant program for active contributors.

Resources

  • Documentation: The project provides comprehensive documentation and a software development kit to facilitate understanding and usage.
  • Community Engagement: The Opium community welcomes enthusiasts of all specializations to share ideas and participate in discussions.

Opium aims to provide innovative, cutting-edge technology that adheres to Web3.0 principles while catering to the needs of experienced DeFi professionals.

2. Price

OPIUM

2.1. Market Performance

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

30 Day Return

-35.7%

OPIUM

-12.7%

Similar Market Cap

60 Day Return

-29.0%

OPIUM

-9.9%

Similar Market Cap

1 Year Return

-24.5%

OPIUM

29.0%

Similar Market Cap

3. Developer Activity

We're monitoring 42 Opium 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 Opium 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 0
Past 12 weeks 0
Past year 298
Past week 0
Past 12 weeks 2
Past year 196
Past week 10
Past 12 weeks 37
Past year 57
Past week 0
Past 12 weeks 0
Past year 35
Past week 32
Past 12 weeks 32
Past year 32

Top Developers 2024

In total, 188 developers have contributed to Opium over the past year. Who are the most active Opium developers, by commits, over the past year?

Related Projects

Developers working on Opium 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 98
Active Reddit Users (past 24h) 4
Discord users
Active Discord Users
Telegram Users 1,606
Twitter followers 12,318
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://www.opium.network/
Explorer https://etherscan.io/token/0x888888888889c00c67689...
Twitter @Opium_Network
reddit /r/opium_network

What is the correct contract address for Opium?

Ethereum 0x888888888889c00c67689029d7856aac1065ec11
Polygon-pos 0xe8f157e041df3b28151b667364e9c90789da7923
Binance-smart-chain 0x566cedd201f67e542a6851a2959c1a449a041945

Has Opium been audited for security?

No security audits found for this project.

Are you the owner of Opium? Edit it here

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