King Protocol Price (KING)

The live King Protocol (KING) price today is $ 442.57, with a 0.32% change over the past 24 hours. The current KING to USD conversion rate is $ 442.57 per KING.
King Protocol currently ranks #- by market capitalization at $ 4,439,852, with a circulating supply of 10.03K KING. During the last 24 hours, KING traded between $ 411.97 (low) and $ 449.44 (high), reflecting market activity. Its all-time high stands at $ 3,400.5, while the all-time low was $ 400.49.
In short-term performance, KING moved +0.30% in the last hour and -7.18% over the past 7 days. Over the past day, total trading volume reached --.
The current Market Cap of King Protocol is $ 4.44M, with a 24-hour trading volume of --. The circulating supply of KING is 10.03K, with a total supply of 10028.64514319568. Its Fully Diluted Valuation (FDV) is $ 4.44M.
+0.30%
+0.32%
-7.18%
-7.18%
During today, the price change of King Protocol to USD was $ +1.4.
In the past 30 days, the price change of King Protocol to USD was $ -120.7547819300.
In the past 60 days, the price change of King Protocol to USD was $ -294.9594951290.
In the past 90 days, the price change of King Protocol to USD was $ -536.3674103247266.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ +1.4 | +0.32% |
| 30 Days | $ -120.7547819300 | -27.28% |
| 60 Days | $ -294.9594951290 | -66.64% |
| 90 Days | $ -536.3674103247266 | -54.79% |
In 2040, the price of King Protocol could potentially see a growth of 0.00%. It could reach a trading price of $ --.
Restaking protocols can distribute rewards in any ERC-20 token. However, users typically receive fractional amounts of these rewards, making them inconvenient to claim or trade. This situation can lead to a frustrating user experience, with poor returns for restakers, low token utilization, and increased selling pressure on reward tokens.
King Protocol (formerly known as LRT²) offers a solution through a unified restaking reward. KING represents a share of a vault full of restaking rewards. LRTs deposit restaking rewards into the vault and then mint and distribute KING to their restakers.
This streamlined system significantly reduces transaction costs and improves the efficiency of restaking reward distribution. It is particularly beneficial for small stakers, who might otherwise find managing and trading fractional rewards challenging. For larger stakeholders, the ability to redeem or arbitrage the vault share tokens creates an active market, helping to stabilize the King token price and drive liquidity.
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What is King Protocol about?
King Protocol, formerly known as LRT², addresses the challenges of distributing fractional ERC-20 token rewards through restaking protocols. It provides a unified restaking reward system where KING tokens represent a share of a vault containing restaking rewards. LRTs deposit these rewards into the vault and mint and distribute KING tokens to their restakers, streamlining the distribution process and reducing transaction costs.
What makes King Protocol unique?
King Protocol stands out by addressing inefficiencies in fractional reward distribution. It enhances the user experience by simplifying reward management for small stakers, eliminating the complexity of handling fractional amounts. Additionally, it fosters an active market for larger stakeholders through the ability to redeem or arbitrage vault share tokens, which helps stabilize the King token price and drive liquidity.
What can King Protocol be used for?
King Protocol is designed to streamline the distribution of restaking rewards, reduce transaction costs, and improve the efficiency of reward management for both small and large stakers. It facilitates the creation of an active market for vault share tokens, contributing to token price stability and increased liquidity.
What is today's price of King Protocol (KING)?
The live price is ₱26102.920619562318000, reflecting a price movement over the last 24 hours of 0.31%. This number is recalculated every few seconds to reflect real-time trading across global markets.
How many tokens of KING are in circulation?
The circulating supply of KING is 10028.64514319568, representing the amount currently held by the public. Circulating supply affects price discovery and market capitalization, especially for emerging assets.
How many holders currently own King Protocol?
There are an estimated -- unique holders of KING across the supported network(s). A growing holder count generally indicates rising adoption and long-term interest in the asset.
What is the market cap of King Protocol today?
The market capitalization stands at ₱261863895.6969631848000, positioning King Protocol at rank #2188 worldwide. Market cap helps investors understand the relative size and maturity of the asset compared to others.
How actively is KING being traded today?
Over the past 24 hours, the token recorded ₱-- in trading volume. Higher volumes often correlate with stronger liquidity and higher trader participation.
What is driving the recent movement of King Protocol?
The recent price movement of 0.31% over the last 24 hours is influenced by market sentiment, investor behavior, category-wide performance within Decentralized Finance (DeFi),Arbitrum Ecosystem,Ethereum Ecosystem,Base Ecosystem,Restaking,Swellchain Ecosystem, and updates from the -- ecosystem. Hot news or rising trading interest may also contribute.
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