Ordibank ORBK

1. Summary

Ranks

Liquidity

56

Developer

-

Social

-

Momentum (beta)

0

Stack Rank™

-

Price

$0.000867520000 +7.0%

Market Cap

$398,497.00 (#4690)

Supply

310.68M / 1.00B

Tags

Ethereum Ecosystem

More Metrics

Price
52W High price	$0.11
52W High date	12th Mar 2024 (8 months ago)
All Time High (ATH) Date	13th Mar 2024 (8 months ago)
ATH Price	$0.12
% From ATH	-92.72%
All Time Low (ATL) Date	27th Jun 2024 (4 months ago)
ATL Price	$0.007538160000
% From ATL	20.35%

Supply & Trading Volume
Trading Volume (24h)	$19,354.00
Total Supply	1.00B
Max Supply	1.00B
Circulating Supply	310.68M

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Description

Ordibank is a cutting-edge protocol built on Bitcoin Layer 1 (L1) that harnesses the logic of Compound Finance in an off-chain balance state processing environment, creating a unique money market for Atomicals and BRC20 standards. As the first of its kind borrowing and lending protocol on native Bitcoin, Ordibank combines the robustness of Bitcoin...

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Ordibank is a cutting-edge protocol built on Bitcoin Layer 1 (L1) that harnesses the logic of Compound Finance in an off-chain balance state processing environment, creating a unique money market for Atomicals and BRC20 standards. As the first of its kind borrowing and lending protocol on native Bitcoin, Ordibank combines the robustness of Bitcoin nodes via Bitcoin Core v25.1 and ord v0.14, along with virtualized smart contract logic and off-chain balance states.

Core Features:

• Asset Support: Ordibank supports multiple assets, including BTC, BRC20, and Atomical Tokens. Users can borrow and repay BTC, Ordinals, and Atomicals using the platform.
• Competitive Pricing: Users can obtain BRC20 and Atomicals at a nearly 1:1 ratio, offering competitive rates compared to swapping on decentralized exchanges (DEX) or automated market makers (AMM).
• Additional Income: Users can earn extra income by participating as borrowers or lenders in the first-ever native Bitcoin money market environment.
• Governance and Utility: The native token, ORBK, enables governance, fee accrual, discounts, and rebates for the platform.

Integration:

• Portal DeFi: Ordibank integrates with Portal DeFi, providing trustless cross-chain swap functionality. This unlocks custodian-less cross-chain swap capabilities, bringing fresh liquidity and transaction volume from non-Bitcoin chains into the platform.

Usage:

• Earn Interest: Users can earn interest on their assets by lending them through Ordibank.
• Borrow Assets: Users can borrow assets, including BRC20 and Atomicals, using their native Bitcoin.
• BTC Pegged Token: Ordibank's cBTC token, pegged to native Bitcoin at a 1:1 ratio, acts as a critical bridge between the native Bitcoin environment and the money market infrastructure.

Ordibank is poised to redefine the money market for Atomicals and BRC20 standards, offering users a unique opportunity to tap into a broader array of financial instruments and yield opportunities on the Bitcoin network.

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