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ruler Ruler Protocol #3555
0.11 USD 0.00% 0.00
Circulating supply 222.4K
Total supply 1M
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ruler Price

Current Price 0.11 USD
Price Change 24H 0.00 USD
Price Change 24H 0.00%
Price Change 7D 0.00%
Price Change 14D 0.00%
Price Change 30D 0.00%
Price Change 60D 18.70%
Price Change 1Y 0.00%
Market Cap Change 24H 0
Market Cap Change 24H 0.00%
All time high (ATH) 2,773.20 USD
ATH Change -100.00%
ATH Date 2021, Mar 04

ruler Markets

* Anomaly - Trading price is an outlier against the average

** Inactive - No trades in the last 3 hours

Ruler Protocol

Ruler protocol is a DeFi application focusing on lending/borrowing. Unlike Compound and Aave, loans taken from Ruler are non-liquidatable. 

Ruler Protocol only offers fixed-term loans that are decided beforehand by the team in the form of series. For example, there can be loans expiring at the end of March and loans expiring at the end of June. Users have limited flexibility in choosing the loan terms or end date. 

The loan product has the following features:

- No liquidations as long as borrowers pay back on time

- Interest rates determined by supply and demand

- Fixed-rate loans 

- Fungible, tradable in the secondary market

Ruler Protocol is created by the same team that created Cover Protocol.