Mirror Protocol (MIR) - USD

$ 0.05518
Just now
(2.88%)
Market cap.
$ 20.45 M
Vol 24h
MIR 2,368,705.3 ($ 130,697.4)
Low/High 24h
$ 0.05323 - $ 0.06011
Open 24h
$ 0.05363
EUR GBP JPY CNY BTC

What is Mirror Protocol (MIR)?

Mirror Protocol is a decentralized platform that allows users to create and trade synthetic assets, also known as "mirrored assets". These assets track the price of real-world assets, such as stocks, commodities, and exchange-traded funds (ETFs).

Who created Mirror Protocol (MIR)?

Mirror Protocol was created by a team of developers led by Do Kwon, the co-founder and CEO of Terraform Labs.

What is Mirror Protocol (MIR) used for?

Mirror Protocol is primarily used for trading synthetic assets, which are created by "mirroring" the price movements of real-world assets. Users can trade these synthetic assets on the Mirror Protocol platform, allowing them to gain exposure to the price movements of a wide range of real-world assets without actually owning them. Mirror Protocol also allows users to participate in liquidity provision and governance processes, by staking MIR tokens.

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