|All Time High:|
|Market Cap: |
|The price of #PREMIA today is $0.90 USD.|
The lowest PREMIA price for this period was $0, the highest was $0.903, and the exact current price of one PREMIA crypto coin is $0.90299.
The all-time high PREMIA coin price was $5.79.
Use our custom price calculator to see the hypothetical price of PREMIA with market cap of ETH or other crypto coins.
|The code for Premia crypto currency is also #PREMIA. |
Premia is 1.6 years old.
|The current market capitalization for Premia is $13,402,963.|
Premia is ranked #1129 out of all coins, by market cap (and other factors).
|The trading volume is medium during the past 24 hours for #PREMIA.|
Today's 24-hour trading volume across all exchanges for Premia is $143,506.
|The circulating supply of PREMIA is 14,842,927 coins, which is 15% of the maximum coin supply.|
Note the limited supply of Premia coins which adds to rarity of this cryptocurrency and increases perceived market value.
|PREMIA has limited pairings with other cryptocurrencies, but has at least 2 pairings and is listed on at least 1 crypto exchange.|
View #PREMIA trading pairs and crypto exchanges that currently support #PREMIA purchase.
Bridging & More With Socket on Premia
The Premia bridge opens the floodgates for liquidity to seamlessly flow and connect the instances of Premia across all 4 of the currently supported networks(Ethereum, Fantom, Arbitrum & Optimism). Here is a quick guide for you to understand all the features of the bridge & get you started for the first jump! — How to be a bridgooooor - — 1. Begin your bridging journey. — The bridge is directly accessible on the Premia app’s home page. You can begin by clicking on the ‘Swap & Bridge’ option on the sidebar, which should open a pop-up displaying a “swap & bridge” modal. Next, choose the ‘Bridge’ button and you’re ready to get started! — 2. Select the from chain & to chain. — From chain is the chain you’re sending tokens from & to chain is the chain you want to receive your tokens on. For example, to experience Premia blazingly fast on Optimism you will choose from chain as Fantom & destination chain as Optimism. — 3. Select which tokens are being sent and received. — Once you’ve selected the from and to chains, select the tokens you want to bridge. Use the drop-down menu to pick from the available tokens & choose the desired amount you want to bridge! Premia bridge also lets you bridge & zap from one token into any other token on the destination chain! eg: You can go from $USDC on Polygon to $DAI on Optimism in one bridging tr...
Premia launches on Optimism
Optimism joins the ranks of Arbitrum and Fantom as the newest L2 for Premia to deploy on! We’re excited to support the scaling of Ethereum L2s and the multi-chain future. Adding Optimism to Premia gives our users access to market-driven priced options on another L2 while also providing users with a place to deposit their assets on Optimism to earn yield. — Details of the Premia Optimism launch - At launch, Premia will support ETH and OP option markets on Optimism. We plan to add more tokens as demanded by the community to help support the Optimism ecosystem. If there’s other assets you’d like to see supported by Premia on Optimism, let us know on our discord. Users on Optimism will be able to provide liquidity to the following pools: OP in the OP/USDC call pool, USDC in the OP/USDC put pool, ETH in the ETH/USDC call pool, USDC in the ETH/USDC put pool, As with all our liquidity pools, the yield for the pools on Optimism will be determined by assigning a certain number of allocation points to the pools initially and adjusting if necessary. On top of the yield from the allocation points, users will earn yield in their deposited asset based on the volume in the pool (how many options get underwritten using their capital). You can get started depositing OP and ETH to our Optimism pools here (app.premia.finance). Users will also be able to take advantage of cross-chain arbitrage. As price disparities emerge on E...
Premia’s New Tokenomics: vePREMIA
Soon we will be switching over to vePREMIA tokenomics and sunsetting xPREMIA and if you’re wondering what that means — this article is for you. Let’s look at the current tokenomics to see what’s changing and what’s staying the same. Users will still be able to earn PREMIA tokens as liquidity rewards from depositing into the pools, Liquidity Mining rewards are not going away, In the old tokenomics, users stake PREMIA tokens in order to receive a number of xPremia tokens corresponding to the xPREMIA : PREMIA ratio but with vePREMIA this is simplified so users stake PREMIA tokens in order to receive an equal number of vePREMIA tokens. Goodbye confusing fluctuating ratio 👋, Staking PREMIA for xPREMIA was only available on Ethereum mainnet. Staking PREMIA for vePREMIA will be available on all Premia supported chains, which will return rewards and discounts on the corresponding chain, xPremia could be locked for a specific period of time in order to get discounts on the Premia.finance app. Locking PREMIA for vePREMIA is also done for a specific period of time, accrues discounts, and cannot be unlocked or withdrawn until this period is over. More about that below in Locking PREMIA for vePREMIA, Unlocking or withdrawing xPremia required the lock period to be over, this will be the same with vePREMIA, Users could bridge xPremia tokens from and to mainnet using our default bridge modal. vePREMIA can also be bridg...
Community Call Summary June 17, 2022
The market is volatile but our community call isn’t. If you’d rather listen to the community call than read this article, you can watch it here. We talked about: Building in a bear market, Research updates, Platform updates, vePremia, Premia v3, What we’re thinking about, So without further ado, let’s dive in — Why we love building in a bear market - During a bear market, talent becomes much more accessible so we are able to source and retain talent at rates that make sense. Projects don’t have to compete with fly-by-night ponzis whose only purpose is to pump out huge APY to get attention for their project. There’s less noise and more building during a bear. Partnerships and collaborations become easier as the noise and ponzi projects fade away. Premia has plenty of runway to emerge as a winner. Options are always in demand, it doesn’t matter if you’re in a bear market, bull market, or crab. We are seeing that now with our volume increasing even in a bear market. — Research update - We are pleased to say there are no remaining open questions on the core Premia v3 protocol and just some small design tweaks that we need to do. We are running simulations on LP payoffs and protocol revenue generation to see how different fee structures affect protocol revenue, LP expected revenue, and expected option pricing. We’ve also looking at different pricing mechanisms that we are very happy with. We ar...
Third Party Bridge Integration and Explaining Bridge Risks
The Ethereum ecosystem is quickly becoming further cross-chain and multi-chain compatible. As such, Premia plans to implement a framework for seamless multi-chain deployment so we can launch on other EVM-compatible L1’s and L2’s and maintain each deployment with ease. As part of this, we have implemented our initial cross-chain bridge aggregator. With the Fantom launch, we have added Fantom network support to the built-in third party bridge on the Premia website (for cross-chain transfers). Let’s dive in. — Third Party Bridge Integration - With our Fantom launch, we have added support for Fantom to the third-party bridge on the Premia user interface. The goal of the “Swap & Bridge” feature on Premia is to help users obtain the assets they require, without leaving the site and opening yet another tab. (This is the same reason we allow users to swap on-site using our aggregator, allowing users to get the best price across DEX’s directly on Premia).The third-party bridge being utilized for Fantom cross-chain swaps on Premia is Multichain.org Using a third-party bridge comes with some unique risks and quirks that we believe users should consider. — What are Bridge Risks? - Let’s discuss some of the quirks of the Multichain bridge. The bridge goes from: Ethereum Mainnet → Arbitrum, Ethereum Mainnet → Fantom, Arbitrum → Ethereum Mainnet, Fantom → Ethereum Mainnet, Arbitrum → Fantom, F...
New Features: User History and Underwritten Options Table Update
We’re excited to introduce you to the newest features on Premia: User History and an update to the Underwritten Options Table. These features will help improve the Premia experience for both LPs and traders alike. — User History - Take a trip down memory lane with the new User History feature. This feature has been frequently requested by our users and we listened. Users are now able to see their pool and options history on the Positions page. A new notification will be added to the history any time a user’s capital in the protocol is used or updated. LPs will receive a notification any time their capital within a pool is used to underwrite or settle an option, to enable LPs to easily see a history of these actions and react accordingly if necessary. Traders will receive a notification any time their positions are settled and their capital is available to be collected. This will help users have a better understanding of exactly when and how their capital is used within Premia’s AMM pools. The User History feature should help both LPs and traders to analyze and determine the optimal moves they should be taking on Premia. A historic granular view of how your capital is used per pool, per token, and per option will make it easier for Premia users to decide what the best use of their capital is. — Underwritten Options Table - To complement the User History feature, the Underwritten Options Table is receiving...
Intro to market volatility
When traders or trading platforms mention volatility, they are usually talking about how unpredictable a market is. Volatility is a statistical measure of the dispersion of returns for a given asset, or more simply, the range of returns that could be expected for that asset. When discussing cryptocurrencies, volatility can be in reference to a digital asset’s upswings and downswings. Crypto is not shy from random bullish price appreciations followed by sudden bearish declines. Important note: risk is different than volatility. Risk refers to the possibility of loss, not the dispersion or movement of asset prices. While there are measurements out there to estimate risk, there isn’t any one simple, objective way to measure a trader’s level of risk exposure. As it also depends on personal risk tolerance, which is different for everyone. Some cryptocurrencies are generally more volatile than others due to their supply, the token’s use cases, or simple market sentiment at the time. Finding out ways to understand an asset’s volatility to assess the direction of the market is an important topic for many degens and options traders. — Ways to Measure Volatility - There are many ways to measure and keep track of an assets fluctuating volatility, these include: The Black-Scholes model, Binomial tree model, Beta coefficients, Standard deviations of returns, Option pricing models can be created and used to estimate the...
Community Call Summary April 8, 2022
In case you couldn’t join our last community call, we wanted to provide a summary of what we discussed. To listen to the full community call, check out the YouTube video. We discussed stats, Premia v3, product updates and features, marketing, partnerships, and behind the scenes research. So let’s dive in… — Stats - Over the past few months we’ve seen excellent growth with the Premia platform including 50% growth on Arbitrum, 35% growth on mainnet, and we’ve added 2 new markets (LUNA and YFI). We are in talks with the Luna team to add LUNA to Arbitrum but we are currently waiting for liquidity to be added. — Premia v3 - We are just as excited as you are about Premia v3 and we’ve got a primer coming out in Q2 that covers some of the key points for Premia v3. Here’s some of the features you can look forward to: Instant pro-rata exposure: Instant pro-rata exposure means we will be removing our liquidity queue so that any LP who is active in the pool will receive pro-rata exposure when an option is purchased., Concentrated liquidity exposure: Our most requested feature, concentrated liquidity exposure will allow LPs to select exact strike prices and specific expiration dates if they want to., Buy, sell, or market-make specific options as an LP: This means LPs can deposit to a pool or either or both sides of a trade using range orders similar to Uniswap v3., Passive & active liquidity management s...
What are Options: Calls and Puts?
If you’re reading this, you’re probably wondering what call and put options are. Well, don’t worry, this short, quick article will take you through the ins and outs of these terms and what they mean. — Common terminology - When trading options, you may come across some financial lingo. Below are some of the most common phrases used in options trading. — Strike Price. — The strike price is the price where a trader has entered a call or a put. — Premium. — Money paid to acquire an option. — Option size. — The number of tokens that an option is worth. — Breakeven price. — The breakeven price is the minimum price that an asset should be before a trader can close his position without losing money. — Expiration date. — The date when an option expires. — In the Money (ITM). — In the money is an expression used by traders when trading options. A call option is “in the money” when its market price is above its strike price. On the other hand, a put option is in the money when its market value is below its strike price. — Out of the Money (OTM). — Out of the money means an option no longer has any value. A call option is “out of the money” when its market price is under a trader’s strike price. Put options are out of the money when its market value is over a trader’s strike price. — At the Money (ATM). — Wh...
Fantom is live on Premia
Premia team is thrilled to announce the launch of our service for Fantom lovers and holders. The options trading service provided by Premia (app.premia.finance) is not only the state-of-the-art tool to hedge your spot or futures positions, but also a way to potentially benefit from options speculation. Market-driven options pricing takes into account the relative supply and demand of capital within a pool to reach a market-clearing options price. This provides optimal pool utilization at fair prices. In addition to market pricing, the three key problems Premia solves versus other options protocols are: capital efficient pool-to-peer architecture;, optimal liquidity pool utilization;, risk management and instant withdrawals for liquidity providers., If you are a FTM holder looking for passive income, welcome to the Premia Pools (app.premia.financepools) which allow you to become a liquidity provider with your FTM tokens (or ETH, WBTC, YFI) and earn yield. Premia utilizes self-incentivizing initial liquidity — an automated pool pricing mechanism that incentivizes liquidity providers to enter a pool from the time it is launched — in order to get higher returns. This provides much lower slippage once the first options are bought from the pool. Simply add your tokens to the Premia Pools and get started earning passive income! — Have questions about Premia?. — Drop by our Discord server and chat wit...