Project Logo

OVL

Overlay

Overlay uses a dynamic mint/burn model built around the $OVL token to enable counterparty-free trades, solving the liquidity problem that haunts exotic markets.

Categories

Perps DEX
Token Sale Ended

Sale Date: Jan 13, 2025

The token sale for this project has concluded.

Key Metrics

Fjord Foundry logo

Launchpad

Fjord Foundry

Arbitrum logo

Blockchain Network

Arbitrum

Public Sale Raise

$690.42k

Listing Valuation (FDV)

$25M

Token Listing Price

0.2810

Total Supply

0


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FTO Rating

Fair Token Offering RatingFTO Rating StarFTO Rating StarFTO Rating StarFTO Rating StarFTO Rating Star


FTO Rating Assessments

Supply

FTO Rating Approved

High supply

Liquidity

FTO Rating Approved

Secondary market venue and trading date are agreed upon and published

Access

FTO Rating Approved

Open Access

Transparency

FTO Rating Approved

Top-tier investors can be verified.

Appreciation

FTO Rating Approved

No Appreciation (17% discount to previous VC round)


Overview:

Overlay uses a dynamic mint/burn model built around the $OVL token to enable counterparty-free trades, solving the liquidity problem that haunts exotic markets.

Overlay backers include Polychain Capital, 1kx, ParaFi, and others. Community metrics are meaningful and growing: Twitter 120k, Discord 103k. Over 100k unique wallets participating in four testnet campaigns on four chains over two years of rigorous development.

Partnerships include Truflation, Chainsight, Vooi, Pyth, Chainlink. Received grant from Arbitrum, RFA recipient from Berachain, and active on both Berachain and Movement testnets.

The Overlay team is also working to integrate with a digital goods marketplace with 19M users (30% of which use Metamask) to enable trading on the Overlay Counter-Strike skins index.


Token Metrics

NamePercentageVesting Period
Community52.36%-
Founders and Funder39.77%Locked for 1 year
Overlay Foundation4.52%-
Services3.36%-

Token Utilities

Collateral for Trading

Governance

Market Creation

Token Sale Ended

Overlay Trading Data

Data not available on CoinGecko