Sovryn SOV price:

How to buy Sovryn? How can I buy the Sovryn coin? Sovryn stock how to buy? How to get Sovryn?

To find out where you can buy currency Sovryn see the list of available exchanges.

Where to trade Sovryn?

Click here to see the list of available exchanges for Sovryn.

Sovryn, identified by the symbol SOV, stands as a pioneering decentralized finance platform meticulously engineered to bring robust DeFi capabilities directly to the Bitcoin ecosystem. Operating on the Rootstock sidechain, which is secured by Bitcoin’s hash power through merged mining, Sovryn enables users to engage in a wide array of financial activities without needing to wrap their native Bitcoin or surrender self-custody. This innovative approach ensures that participants retain full control over their assets while accessing sophisticated financial instruments previously unavailable natively on the Bitcoin network. The platform provides a comprehensive suite of decentralized financial services. Users can engage in spot trading, facilitating direct peer-to-peer exchanges of cryptocurrencies. Margin trading is also available, allowing users to amplify their potential returns by trading with leverage, managed entirely on-chain without intermediaries. Furthermore, Sovryn offers decentralized lending and borrowing markets, where users can earn interest by providing liquidity or access capital by taking out loans against their crypto assets. A key feature is its stability pool for perpetuals, offering a decentralized solution for synthetic derivatives trading. SOV serves as the foundational governance token for the Sovryn protocol. Holders of SOV are empowered with the ability to participate in the decentralized autonomous organization, voting on critical protocol upgrades, fee structures, and the overall strategic direction of the platform. This governance mechanism ensures that the platform remains community-driven and aligned with the interests of its users. Sovryn’s commitment to self-custody, censorship resistance, and permissionless access aligns perfectly with the core ethos of decentralized finance. By leveraging Rootstock’s connection to Bitcoin, Sovryn aims to establish a secure, transparent, and scalable DeFi layer that expands Bitcoin’s utility beyond its role as a store of value, fostering a new era of financial freedom and sovereignty for Bitcoin holders globally.

Mining Sovryn coin

Sovryn coin has a consensus mechanism: . You can mint these coins with the None algorithm.

Sovryn is a token and it means it is a cryptocurrency, which based its activities on the blockchain of other cryptocurrencies such as Ethereum Blockchain or EOS Blockchain. Examples of Tokens: Chainlink, OmiseGo, 0x.

What is the Sovryn coin cap?

Circulating supply of this Sovryn is 22001657. Total supply of this coin/token is 100000000. Max supply is 100000000.

What is the value of Sovryn coin?

1 Sovryn is worth $0.154889.

To get price and historical data for Sovryn coin, use API ID: sov-sovryn for endpoints at http://api.coinpaprika.com.