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 $197.83. 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 $256.38 , showing a 58.41% 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 ~99.38% below its ATH
.
What's Everest's current market capitalization?
Everest's market cap is approximately $441 582.00, ranking it #3915 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 339.32%, outperforming the overall crypto market which posted a 0.87% decline. 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 | $5 566 708 168 | $0.167784 | $90 267 008 | 33,177,846,301 | |||
| 211 | SafePal Token SFP | $151 346 320 | $0.302693 | $782 779 | 500,000,000 | |||
| 594 | Metal MTL | $26 608 684 | $0.293578 | $457 214 | 90,635,915 | |||
| 645 | Coin98 C98 | $22 539 685 | $0.022540 | $3 088 505 | 999,998,882 | |||
| 715 | Electroneum ETN | $18 738 331 | $0.001042 | $303 593 | 17,979,817,605 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 397 | Concordium CCD | $53 730 947 | $0.004886 | $136 237 | 10,995,854,616 | |||
| 624 | Civic CVC | $24 429 614 | $0.030461 | $1 690 287 | 802,000,010 | |||
| 653 | CyberConnect CYBER | $22 194 408 | $0.524053 | $7 406 702 | 42,351,450 | |||
| 746 | Metadium META | $16 599 169 | $0.009744 | $96 571.88 | 1,703,608,720 | |||
| 828 | Alethea Artificial Liquid Intelligence Token ALI | $12 920 148 | $0.001458 | $57 619.58 | 8,859,000,257 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 56 | Internet Computer ICP | $1 342 623 353 | $2.43 | $30 970 401 | 551,882,855 | |||
| 77 | Worldcoin WLD | $860 814 592 | $0.262323 | $77 203 953 | 3,281,508,078 | |||
| 103 | PancakeSwap CAKE | $496 297 151 | $1.51 | $22 926 186 | 328,223,359 | |||
| 109 | Stable STABLE | $454 909 707 | $0.025847 | $10 702 473 | 17,600,000,000 | |||
| 116 | Dash DASH | $431 167 979 | $34.04 | $63 527 056 | 12,665,816 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 11 | Hyperliquid HYPE | $13 675 772 747 | $40.95 | $195 453 335 | 333,928,180 | |||
| 22 | Chainlink LINK | $5 744 863 197 | $9.16 | $355 333 969 | 626,849,970 | |||
| 37 | Dai DAI | $3 329 592 048 | $1.000110 | $2 098 618 274 | 3,329,226,824 | |||
| 45 | Uniswap UNI | $1 960 057 830 | $3.26 | $140 234 665 | 600,425,074 | |||
| 46 | Official World Liberty Financial WLFI | $1 907 589 770 | $0.077327 | $17 011 865 | 24,669,070,265 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 22 | Chainlink LINK | $5 744 863 197 | $9.16 | $355 333 969 | 626,849,970 | |||
| 41 | PAX Gold PAXG | $2 358 760 165 | $4 778.21 | $99 012 577 | 493,649 | |||
| 62 | Tether Gold XAUT | $1 176 621 488 | $4 772.85 | $167 379 005 | 246,524 | |||
| 74 | Algorand ALGO | $908 234 442 | $0.101998 | $26 996 234 | 8,904,449,312 | |||
| 75 | Quant QNT | $884 259 377 | $73.24 | $8 109 245 | 12,072,738 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 27 | Zcash ZEC | $5 096 639 243 | $312.14 | $503 178 503 | 16,328,269 | |||
| 51 | Near Protocol NEAR | $1 602 099 894 | $1.35 | $212 074 743 | 1,185,165,436 | |||
| 149 | Immutable X IMX | $278 446 992 | $0.157464 | $7 191 266 | 1,768,317,543 | |||
| 167 | Lighter LIT | $226 738 224 | $0.906953 | $20 604 740 | 250,000,000 | |||
| 199 | Polygon MATIC | $171 530 340 | $0.089629 | $38 329.36 | 1,913,783,718 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 6 | USDC USDC | $78 249 483 029 | $1.000006 | $16 812 730 321 | 78,248,986,084 | |||
| 9 | Lido Staked Ether STETH | $22 236 586 150 | $2 270.34 | $287 065 539 | 9,794,399 | |||
| 12 | Wrapped Liquid Staked Ether 2.0 WSTETH | $9 969 497 537 | $2 803.78 | $88 797 487 | 3,555,731 | |||
| 13 | Wrapped Bitcoin WBTC | $9 747 276 057 | $74 305.72 | $307 092 264 | 131,178 | |||
| 17 | WETH WETH | $8 597 391 372 | $2 282.96 | $656 284 600 | 3,765,896 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 4 | XRP XRP | $86 982 954 822 | $1.41 | $2 607 279 977 | 61,569,680,267 | |||
| 23 | Stellar XLM | $5 566 708 168 | $0.167784 | $90 267 008 | 33,177,846,301 | |||
| 54 | Aave AAVE | $1 383 214 752 | $91.77 | $615 913 720 | 15,073,211 | |||
| 97 | Nexo NEXO | $575 762 622 | $0.891072 | $6 063 226 | 646,145,840 | |||
| 123 | XDC Network XDC | $363 269 694 | $0.029522 | $16 688 256 | 12,305,025,342 |
| # | Name | Market Cap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 448 | Ardor ARDR | $43 234 328 | $0.043301 | $372 570 | 998,466,231 | |||
| 570 | Stratis STRAX | $28 506 100 | $0.013220 | $1 032 031 | 2,156,311,803 | |||
| 1347 | LTO Network LTO | $2 754 804 | $0.006351 | $42 406.97 | 433,725,907 | |||
| 1362 | TEMCO TEMCO | $2 640 389 | $0.000665 | $36 939.41 | 3,973,256,413 | |||
| 1554 | Skey Network SKEY | $1 602 751 | $0.001603 | $238 134 | 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


