Everest (ID) Metrics
Everest Price Chart Live
Price Chart
Everest (ID)
What is Everest?
Everest (ID) is a blockchain project launched in 2021, designed to provide a comprehensive digital identity and financial services platform. Its primary purpose is to facilitate secure and efficient identity verification, enabling users to access various services such as banking, payments, and asset management without compromising their privacy. The project operates on a proprietary blockchain, utilizing a unique consensus mechanism that ensures high security and scalability. Everest's native token, ID, serves multiple functions within the ecosystem, including transaction fees, staking, and governance, allowing token holders to participate in decision-making processes related to the platform's development and operations. What sets Everest apart is its focus on integrating identity solutions with financial services, addressing the growing need for secure digital identities in an increasingly digital world. This innovative approach positions Everest as a significant player in the intersection of identity management and blockchain technology, catering to individuals and businesses seeking reliable and privacy-centric solutions.
When and how did Everest start?
Everest originated in 2018 when the founding team, led by CEO and co-founder Eric Pulier, released its whitepaper outlining the project's vision of creating a decentralized identity and financial ecosystem. The project launched its testnet in early 2019, allowing developers and early adopters to experiment with its features and functionalities. Following this, the mainnet was launched in September 2020, marking the project's transition to a fully operational blockchain. Early development focused on integrating identity verification, financial services, and secure transactions within a single platform. The initial distribution of Everest tokens occurred through a combination of private sales and public offerings, which helped raise funds for further development and marketing efforts. These foundational steps established the groundwork for Everest's growth and its aim to provide accessible financial solutions to underserved populations globally.
What’s coming up for Everest?
According to official updates, Everest is preparing for a significant protocol upgrade aimed at enhancing user experience and scalability, scheduled for Q1 2024. This upgrade will introduce new features designed to streamline transactions and improve overall platform performance. Additionally, Everest is working on strategic partnerships with various financial institutions, expected to be finalized by mid-2024, which will expand its ecosystem and user base. Governance decisions are also on the horizon, with a community vote planned for Q2 2024 to determine future development priorities. These milestones are set to bolster Everest's position in the market and enhance its service offerings, with progress being tracked through their official channels.
What makes Everest stand out?
Everest distinguishes itself through its unique multi-layer architecture, which combines elements of both Layer 1 and Layer 2 solutions to enhance scalability and transaction speed. This architecture enables seamless interoperability across different blockchain networks, allowing users to transact and interact without the limitations often faced by single-chain systems. A notable feature of Everest is its focus on identity verification and compliance, integrating decentralized identity solutions that empower users to maintain control over their personal data while ensuring regulatory adherence. This is particularly advantageous in sectors requiring stringent identity checks, such as finance and healthcare. Additionally, Everest employs a unique consensus mechanism that enhances security and reduces latency, making it suitable for high-frequency transactions. The ecosystem is further enriched by strategic partnerships with various organizations, which bolster its utility and adoption across different industries. These elements collectively contribute to Everest’s distinct role in the evolving blockchain landscape, positioning it as a robust solution for both individual users and enterprises.
What can you do with Everest?
Everest serves multiple practical utilities within its ecosystem. The token is primarily used for transaction fees, enabling users to send value and interact with decentralized applications (dApps) built on the Everest platform. Holders can stake their tokens to help secure the network, which may also allow them to participate in governance voting on key proposals affecting the ecosystem. In addition to these on-chain functionalities, Everest offers off-chain benefits such as discounts on services and membership rewards for users engaging with the platform. Developers can leverage Everest for building innovative dApps and integrations, utilizing the provided software development kits (SDKs) and tools designed to facilitate seamless interactions within the ecosystem. The Everest ecosystem includes various wallets and marketplaces that support the token, enhancing its usability for everyday transactions and interactions. Overall, Everest provides a comprehensive suite of utilities for holders, users, validators, and developers, fostering a vibrant and engaged community.
Is Everest still active or relevant?
Everest remains active through a series of recent updates and governance activities. In September 2023, the project announced a new partnership with a major financial institution aimed at enhancing its identity verification services. Development efforts are currently focused on expanding its decentralized finance (DeFi) offerings, which are integral to its ecosystem. The project has maintained a presence on several prominent exchanges, ensuring liquidity and accessibility for users. Additionally, Everest's integration with various blockchain platforms continues to grow, further solidifying its role in the digital identity and financial services sectors. These indicators, including ongoing partnerships, active governance proposals, and a commitment to expanding its DeFi capabilities, support Everest's continued relevance within the blockchain ecosystem.
Who is Everest designed for?
Everest is designed for a diverse range of users, primarily targeting consumers and institutions, enabling them to access financial services and identity solutions in a decentralized manner. It provides tools and resources such as wallets and APIs to facilitate seamless transactions and identity verification, catering to the needs of individuals seeking secure and efficient financial interactions. Secondary participants, including developers and validators, engage with the platform through governance and staking mechanisms, contributing to the network's security and functionality. This multi-faceted approach allows Everest to support various use cases, from personal finance management to institutional applications, fostering a comprehensive ecosystem that addresses the needs of both everyday users and more technical stakeholders.
How is Everest secured?
Everest employs a delegated proof-of-stake (DPoS) consensus mechanism, where a limited number of validators are elected by token holders to confirm transactions and maintain the integrity of the network. This model enhances transaction throughput and finality, as elected validators take on the responsibility of validating blocks and securing the blockchain. To ensure data integrity and secure transactions, Everest utilizes advanced cryptographic techniques, including elliptic curve digital signature algorithm (ECDSA) for authentication. This cryptography safeguards user identities and transaction details, making unauthorized access and tampering exceedingly difficult. Incentives for validators are aligned through staking rewards, which are distributed based on their performance and participation in the network. Additionally, a slashing mechanism is in place to penalize malicious behavior or inactivity, thereby promoting honest participation among validators. The network's resilience is further bolstered by regular audits and a robust governance framework, which allows stakeholders to propose and vote on protocol changes. This multi-faceted approach to security ensures that Everest remains a secure and reliable platform for its users.
Has Everest faced any controversy or risks?
Everest has faced regulatory scrutiny, particularly regarding compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. In 2021, the project encountered challenges related to its identity verification processes, which raised concerns among regulators about user privacy and data security. The team responded by enhancing their KYC protocols and implementing stricter compliance measures to align with international standards. Additionally, there have been discussions within the community regarding governance and decision-making processes, leading to some disputes over project direction. The team has addressed these concerns by increasing transparency in governance and engaging the community in decision-making through regular updates and feedback mechanisms. Ongoing risks for Everest include potential regulatory changes that could impact operations, as well as technical vulnerabilities common in blockchain projects. To mitigate these risks, the team has committed to regular audits, security assessments, and maintaining open lines of communication with users and stakeholders.
Everest (ID) FAQ – Key Metrics & Market Insights
Where can I buy Everest (ID)?
Everest (ID) is widely available on centralized cryptocurrency exchanges. The most active platform is SushiSwap, where the WETH/ID trading pair recorded a 24-hour volume of over $128.35. Other exchanges include Uniswap V2 (Ethereum) and Bilaxy.
What's the current daily trading volume of Everest?
As of the last 24 hours, Everest's trading volume stands at $141.82 , showing a 80.43% decline compared to the previous day. This suggests a short-term reduction in trading activity.
What's Everest's price range history?
All-Time High (ATH): $0.610445
All-Time Low (ATL): $0.00000000
Everest is currently trading ~99.37% below its ATH
.
What's Everest's current market capitalization?
Everest's market cap is approximately $448 472.00, ranking it #3735 globally by market size. This figure is calculated based on its circulating supply of 116 700 000 ID tokens.
How is Everest performing compared to the broader crypto market?
Over the past 7 days, Everest has gained 1,366.34%, outperforming the overall crypto market which posted a 0.21% gain. This indicates strong performance in ID's price action relative to the broader market momentum.
Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment.
All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions.
Coinpaprika is not liable for any losses resulting from the use of this information.
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Everest Basics
| Hardware wallet | Yes |
|---|
| Website | everest.org |
|---|---|
| Wallet | Coins Mobile App |
| Source code | github.com |
|---|---|
| Asset type | Token |
| Contract Address |
| Explorers (1) | etherscan.io |
|---|
| Tags |
|
|---|
| reddit.com |
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Popular Calculators
Everest Exchanges
Everest Markets
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
How to use it?
By default Market depth is showing the most liquid markets sorted by Combined Orders (which is a sum of buy and sell orders). This way it provides the most interesting information already. Left (green) side of the market depth bar is showing how many buy orders are open, and right (red) side of the bar is showing how many sell orders are open (both can be recalculated to BTC, ETH or any fiat we have available on the site).


Confidence
Due to rampant malicious practices in the crypto exchanges environment, we have introduced in 2019 and 2020 new ways of evaluating exchanges and one of them is - Confidence. Because it's a new metric - it's essential to know how it works.
Confidence is weighted based on 3 principles:
Based on the liquidity from order books (75%) - including overall liquidity and market depth/volume ratio, volumes included, if exchange is low volume (below 2M USD volume 24h)
Based on web traffic (20%) - using Alexa rank as a main indicator of site popularity
Based on regulation (5%) - researching and evaluating licensing for exchange - by respective institutions
Adding all of these subscores give overall main result - Confidence
Confidence is mainly based on liquidity, because it's the most important aspect of cryptocurrency exchanges. Without liquidity there is no trading, illiquid markets tend to collapse in the long term. Besides liquidity - there is also an additional factor in calculation of score - market depth/volume ratio. If volume is huge (especially when it’s growing much faster than liquidity), and market depth seems to not keep pace with - it's reducing overall score. Exchanges that keep market makers liquidity with expanding volume are those that keep all ratios in-tact and have overall score above 75-80% (it means that they have all liquidity ratios above minimum requirements, high web traffic participation, and are often regulated).
Other coins worth interest - similar to Everest
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 23 | Stellar XLM | $5 662 244 473 | $0.170663 | $97 996 368 | 33,177,845,719 | |||
| 211 | SafePal Token SFP | $152 414 302 | $0.304829 | $767 481 | 500,000,000 | |||
| 596 | Metal MTL | $26 644 878 | $0.293977 | $410 507 | 90,635,915 | |||
| 664 | Coin98 C98 | $21 716 775 | $0.021717 | $3 084 214 | 999,998,882 | |||
| 716 | Electroneum ETN | $18 658 810 | $0.001038 | $290 165 | 17,979,817,605 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 399 | Concordium CCD | $53 537 199 | $0.004869 | $194 956 | 10,995,854,616 | |||
| 621 | Civic CVC | $24 547 845 | $0.030608 | $1 834 284 | 802,000,010 | |||
| 653 | CyberConnect CYBER | $22 343 636 | $0.527577 | $7 733 492 | 42,351,450 | |||
| 753 | Metadium META | $16 414 872 | $0.009635 | $118 017 | 1,703,608,720 | |||
| 824 | Alethea Artificial Liquid Intelligence Token ALI | $13 016 344 | $0.001469 | $38 764.57 | 8,859,000,257 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 56 | Internet Computer ICP | $1 351 843 683 | $2.45 | $27 004 728 | 551,883,076 | |||
| 77 | Worldcoin WLD | $866 826 683 | $0.264155 | $66 553 567 | 3,281,508,078 | |||
| 97 | PancakeSwap CAKE | $590 553 056 | $1.53 | $23 633 077 | 386,353,123 | |||
| 114 | Stable STABLE | $450 012 558 | $0.025569 | $10 663 413 | 17,600,000,000 | |||
| 118 | Dash DASH | $433 357 092 | $34.21 | $65 286 088 | 12,665,935 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 11 | Hyperliquid HYPE | $13 844 797 230 | $41.46 | $207 189 304 | 333,928,180 | |||
| 22 | Chainlink LINK | $5 835 303 725 | $9.31 | $335 024 649 | 626,849,970 | |||
| 37 | Dai DAI | $3 329 198 579 | $0.999992 | $2 001 929 420 | 3,329,226,824 | |||
| 45 | Uniswap UNI | $1 991 720 729 | $3.32 | $135 379 128 | 600,425,074 | |||
| 46 | Official World Liberty Financial WLFI | $1 923 012 768 | $0.077952 | $18 208 968 | 24,669,070,265 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 22 | Chainlink LINK | $5 835 303 725 | $9.31 | $335 024 649 | 626,849,970 | |||
| 41 | PAX Gold PAXG | $2 362 476 019 | $4 785.74 | $97 851 962 | 493,649 | |||
| 62 | Tether Gold XAUT | $1 177 396 922 | $4 775.99 | $174 431 719 | 246,524 | |||
| 74 | Algorand ALGO | $917 620 709 | $0.103051 | $29 228 493 | 8,904,490,053 | |||
| 75 | Quant QNT | $890 991 189 | $73.80 | $8 032 691 | 12,072,738 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 27 | Zcash ZEC | $5 070 765 819 | $310.55 | $515 835 807 | 16,328,269 | |||
| 51 | Near Protocol NEAR | $1 609 932 095 | $1.36 | $205 244 123 | 1,185,165,436 | |||
| 150 | Immutable X IMX | $282 040 003 | $0.159496 | $8 311 982 | 1,768,317,543 | |||
| 166 | Lighter LIT | $228 211 187 | $0.912845 | $20 946 717 | 250,000,000 | |||
| 196 | Polygon MATIC | $174 331 663 | $0.091093 | $40 164.84 | 1,913,783,718 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 6 | USDC USDC | $78 238 496 597 | $0.999896 | $16 832 019 019 | 78,246,614,351 | |||
| 9 | Lido Staked Ether STETH | $22 585 192 053 | $2 305.93 | $251 430 265 | 9,794,399 | |||
| 12 | Wrapped Liquid Staked Ether 2.0 WSTETH | $10 120 056 255 | $2 846.13 | $98 065 300 | 3,555,731 | |||
| 13 | Wrapped Bitcoin WBTC | $9 844 000 079 | $75 043.07 | $301 274 151 | 131,178 | |||
| 17 | WETH WETH | $8 728 348 339 | $2 317.73 | $482 062 329 | 3,765,896 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 4 | XRP XRP | $87 907 138 318 | $1.43 | $2 646 685 263 | 61,569,680,267 | |||
| 23 | Stellar XLM | $5 662 244 473 | $0.170663 | $97 996 368 | 33,177,845,719 | |||
| 54 | Aave AAVE | $1 407 104 668 | $93.35 | $591 679 212 | 15,073,211 | |||
| 98 | Nexo NEXO | $575 567 823 | $0.890771 | $7 303 129 | 646,145,840 | |||
| 123 | XDC Network XDC | $369 861 954 | $0.030058 | $18 244 903 | 12,305,025,342 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 446 | Ardor ARDR | $43 476 198 | $0.043543 | $396 316 | 998,466,231 | |||
| 568 | Stratis STRAX | $28 715 302 | $0.013316 | $1 025 805 | 2,156,382,521 | |||
| 1340 | LTO Network LTO | $2 754 577 | $0.006351 | $42 403.47 | 433,725,907 | |||
| 1368 | TEMCO TEMCO | $2 566 791 | $0.000646 | $32 858.70 | 3,973,256,413 | |||
| 1538 | Skey Network SKEY | $1 618 616 | $0.001619 | $247 702 | 1,000,000,000 |
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.
Everest


