CLV

Clover Finance price

CLV
USD
USD
$0.072156
-1.01%
1h
24h
1W
1M
1Y
All

Clover Finance price live data

The current price of Clover Finance is $0.072156. Since 00:00 UTC, Clover Finance has decreased by -1.00%. It currently has a circulating supply of 803,717,460 CLV and a maximum supply of 1,000,000,000 CLV, giving it a fully diluted market cap of $57.99M. At present, Clover Finance holds the 192 position in market cap rankings. The Clover Finance/USD price is updated in real-time.

Clover Finance price performance in USD

Time periodChange amount%Chg
Today-$0.00073 -1.01%
7 days$0.0024858 +3.56%
30 days-$0.00798 -9.97%
3 months$0.011186 +18.34%

Clover Finance market information

24h low/high
The highest, lowest, and last prices in 24 hours
24h low$0.070786
Last price $0.072156
24h high$0.075036
Heat index ranking
220
Market cap ranking
192
Market cap
$57.99M
Favorited rate
Percentage of users who favorited this asset to all users
0.57%
All-time high
$2.5000
-97.12% (-$2.4278)
Jul 29, 2021 (3 years ago)
All-time low
$0.028700
+151.41% ($0.043456)
Jun 10, 2023 (11 months ago)
ICO date
04/27/2021
ICO price
The price at which this crypto was first traded
$0
Circulating supply
The amount of this crypto that is publicly available in the market
803,717,460 CLV
Market cap at circulating supply
Market cap = Circulating supply × Last price
$72.15M

About Clover Finance (CLV)

The crypto industry's primary objective is to create Web3, a decentralized version of the Internet built on blockchain technology. However, current blockchains, mainly first and second-generation ones like Bitcoin (BTC) and Ethereum (ETH), face isolation and limited interoperability challenges. To realize the Web3 vision, achieving blockchain interoperability is essential. Projects like Clover Finance (CLV) have emerged to address this need.

What is Clover Finance?

Clover Finance is a Polkadot parachain with full interoperability with the Ethereum Virtual Machine (EVM). It aims to enhance cross-chain interoperability and user experience in the decentralized finance (DeFi) sector by providing user-friendly blockchain infrastructure. Its versatile design also makes it a suitable framework for Substrate-based applications. While Clover was founded in May 2020, its mainnet was launched in July 2021, marking a significant milestone for the project.

The Clover Finance team

The Clover Finance team is led by co-founders Norelle Ng, Viven Kirby, and Burak Keçeli. Ng, the operations lead, previously served as an advisor for Bithumb Global and has extensive experience in human-computer interaction. 

Kirby, the project lead, brings his expertise as an experienced enterprise resource planner, having worked as a Microsoft Dynamics Architect at AXSource before co-founding Clover. Keçeli is responsible for the tech aspect of Clover Finance and is a renowned computer programmer credited with creating MBO Games and Staqq.

How does Clover Finance work?

Clover Finance operates as a versatile and comprehensive blockchain operating system, providing a range of services within its network. It comprises multiple layers: a storage layer, a DeFi protocol layer, a smart contract layer, and an external application (eApp) layer. One of its key features is the full-service cross-chain DeFi bridge, enabling seamless interoperability between blockchains. The platform caters to users of all levels of expertise, making it accessible to DeFi experts and newcomers alike.

CLV: Clover Finance’s native token 

CLV is the native cryptocurrency of Clover Finance, introduced in July 2021. CLV has no capped issuance, unlike some tokens with a fixed maximum supply. The total supply of CLV tokens amounts to 1 billion, with a circulating supply of approximately 583.3 million CLV tokens. 

CLV token use cases

CLV, Clover's native cryptocurrency, serves multiple use cases within the ecosystem. Firstly, it is utilized for nominating node validators, ensuring the security and reliability of the network. Additionally, CLV holders can actively engage in the protocol's governance, giving them a say in important decisions and upgrades. Beyond governance, the token can be used for standard trading activities, enabling users to buy, sell, and exchange CLV on various cryptocurrency exchanges.

Distribution of CLV

CLV is distributed as follows:

  • Forty percent is allocated to ecosystem incentives.
  • Fifteen percent was sold on Coinlist.
  • Twelve percent is held by the Clover Finance Foundation.
  • Ten percent is designated for the team's developers.
  • Ten percent was awarded to early backers who supported the project's early stages.
  • 7.5 percent was used for marketing expenses to promote and grow the ecosystem.
  • Three percent is reserved for contributors' grants.
  • 2.5 percent was distributed in a private sale.

Clover Finance: Paving the way for interoperable blockchains

Blockchain technology is rapidly revolutionizing various industries, offering improved efficiency and unlocking new possibilities. As the technology of the future, blockchain must establish Web3, enhancing communication, data transfer, and storage capabilities.

However, a significant challenge lies in the isolated nature of most blockchains, each operating within its own system. This is where projects like Clover Finance step in, presenting a revolutionary paradigm to bridge the gap between different blockchain systems. Clover Finance aims to connect and unify the blockchain landscape by enabling interoperability, fostering a more cohesive and connected decentralized future.

CLV FAQ

What is Clover Finance?

Clover Finance is a Polkadot parachain fully compatible with the Ethereum Virtual Machine (EVM). Its primary objective is to enhance cross-chain interoperability and elevate the user experience within the blockchain space. 

What are the benefits of holding CLV?

Holding CLV tokens comes with several benefits within the Clover Finance ecosystem. Users can earn additional CLV tokens through staking on the platform, participating in the network's governance, and nominating node validators. 

Furthermore, Clover Finance is a versatile blockchain operating system, providing a wide range of decentralized finance (DeFi) and cross-chain interoperability solutions, which can enhance the overall blockchain experience for token holders.

Where can I buy CLV?

Easily buy CLV tokens on the OKX TR cryptocurrency platform. An available trading pair in the OKX TR spot trading terminal is CLV/USDT. You can also swap your existing cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), for CLV with zero fees and no price slippage by using OKX TR Convert.