FTO Rating5
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
Sale Date: Jan 13, 2025
The token sale for this project has concluded.
Key Metrics
Launchpad
Fjord Foundry
Blockchain Network
Arbitrum
Public Sale Raise
$690.42k
Listing Valuation (FDV)
$25M
Token Listing Price
0.2810
Total Supply
0
FTO Rating
Fair Token Offering Rating
FTO Rating Assessments
Supply
High supply
Liquidity
Secondary market venue and trading date are agreed upon and published
Access
Open Access
Transparency
Top-tier investors can be verified.
Appreciation
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
| Name | Percentage | Vesting Period |
|---|---|---|
| Community | 52.36% | - |
| Founders and Funder | 39.77% | Locked for 1 year |
| Overlay Foundation | 4.52% | - |
| Services | 3.36% | - |
Token Utilities
Collateral for Trading
Governance
Market Creation
Overlay Trading Data
Data not available on CoinGecko