Open Custody Protocol OPEN
1. Summary
- Price
-
$0.01 +4.5%
- Market Cap
- $8.48M (#1828)
- Supply
- 703.36M / 1.29B
- Description
-
Overview
Overview
Open Custody Protocol (OCP) is a decentralized trustless multi-party computation (MPC) custodial network pioneering a new approach to blockchain security and connectivity. Built upon a modular permissionless custody protocol, OCP enables seamless and secure integration of key management technologies from various providers, ensuring a more decentralized and efficient management of digital assets and private keys.
Key Features
- OCP operates as a mesh network, allowing users to leverage diverse key management protocols for "Keychain Aggregation," simplifying development and aggregating the associated economic benefits.
- The protocol supports multiple solutions such as MPC, dMultisig, HSMs, and trusted custodians, making it versatile and adaptable to the evolving blockchain landscape.
- The $OPEN token facilitates economic transactions between users, builders, and custodial providers, ensuring the necessary guarantees for the protocol’s operations and incentivizing user participation.
Modular Architecture
- OCP connects applications to a modular custody protocol, abstracting risk and complexity for developers.
- The protocol democratizes participation in economic incentives, allowing any token holder to contribute without needing complex operations or large-scale validators.
Role in Blockchain Ecosystem
- With the increasing need for interoperability and the integration of Real World Assets (RWAs), OCP's modular architecture addresses the demand for innovative and flexible custodial solutions.
- OCP provides a critical building block for secure and efficient management of digital assets, promoting the growth of blockchain technology and applications.
| Price | |
| 52W High price | $0.09 |
| 52W High date | 1st Apr 2024 (8 months ago) |
| All Time High (ATH) Date | 18th Nov 2021 (3 years ago) |
| ATH Price | $9.81 |
| % From ATH | -99.92% |
| All Time Low (ATL) Date | 2nd Sep 2024 (3 months ago) |
| ATL Price | $0.004891250000 |
| % From ATL | 68.94% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $4.66M |
| Total Supply | 1.29B |
| Max Supply | 2.00B |
| Circulating Supply | 703.36M |
OPEN
How does Open Custody Protocol's (OPEN) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
19.6%
OPEN
-0.3%
Similar Market Cap
60 Day Return
16.8%
OPEN
-4.4%
Similar Market Cap
1 Year Return
-77.7%
OPEN
64.0%
Similar Market Cap
We're monitoring 17 Open Custody 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 Open Custody Protocol 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 106
Most Active Repos
| Past week | 1 |
|---|---|
| Past 12 weeks | 1 |
| Past year | 24 |
| Past week | 2 |
|---|---|
| Past 12 weeks | 2 |
| Past year | 17 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 16 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 1 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 0 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 0 |
Top Developers 2024
In total, 19 developers have contributed to Open Custody Protocol over the past year. Who are the most active Open Custody Protocol developers, by commits, over the past year?
Related Projects
Developers working on Open Custody Protocol also worked on these projects.
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 | 10,926 |
| Active Discord Users | 164 |
| Telegram Users | 697 |
| Twitter followers | 362 |
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governance.qredo.com/t/tiered-staking-options-for-additional-voluntary-lock-ups-qpip-commu... Official
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qredo.com/sui-wallet Official
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qredo.com/press/qredo-partner-ditobanx-launches-wallet-linked-to-mastercard Official
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qredo.com/blog/qredo-s-dmpc-shield-against-private-key-exposure Official
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qredo.com/blog/chart-the-ways-of-web3-with-qredo-and-walletconnect Official
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qredo.com/case-studies/globalblock Official
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qredo.com/case-studies/ditobanx Official
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qredo.com/blog/web3-wallets-a-new-era-for-crypto-custody Official
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qredo.com/circle-usdc-toolkit Official
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qredo.com/blog/qredo-gets-amongst-it-at-singapores-token2049 Official
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qredo.com/blog/announcing-qrdo-staking-updates-at-qredo Official
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governance.qredo.com/t/approved-qpip-3-adjusting-qrdo-protocol-fee-and-burn/235 Official
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governance.qredo.com/t/qpip3-request-to-implement-protocol-fee-increase-to-5-qrdo-due-to-p... Official
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qredo.com/press/qredo-s-circle-usdc-toolkit-will-help-billions-into-web3 Official
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qredo.com/press/qredo-s-circle-usdc-toolkit-will-help-billions-into-web3 Official
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qredo.com/press/qredo-s-circle-usdc-toolkit-will-help-billions-into-web3 Official
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qredo.com/press/qredo-s-circle-usdc-toolkit-will-help-billions-into-web3 Official
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qredo.com/press/qredo-s-circle-usdc-toolkit-will-help-billions-into-web3 Official
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qredo.com/press/qredo-s-circle-usdc-toolkit-will-help-billions-into-web3 Official
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coindesk.com/business/2023/09/12/crypto-custody-firm-qredo-integrates-circles-usdc-stablec...
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coindesk.com/business/2023/09/12/crypto-custody-firm-qredo-integrates-circles-usdc-stablec...
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coindesk.com/business/2023/09/12/crypto-custody-firm-qredo-integrates-circles-usdc-stablec...
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coindesk.com/business/2023/09/12/crypto-custody-firm-qredo-integrates-circles-usdc-stablec...
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coindesk.com/business/2023/09/12/crypto-custody-firm-qredo-integrates-circles-usdc-stablec...
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://www.qredo.com/ |
|---|---|
| Explorer | https://etherscan.io/token/0x4123a133ae3c521fd134d... |
| @QredoNetwork |
What is the correct contract address for Open Custody Protocol?
| Ethereum | 0x4123a133ae3c521fd134d7b13a2dec35b56c2463 |
|---|
Has Open Custody Protocol been audited for security?
No security audits found for this project.
Are you the owner of Open Custody Protocol? Edit it here
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