Stride

STRD Price

STRD is the governance token of the Stride blockchain, functioning as a pivotal component of its decision-making structure. Holders of STRD have the ability to stake their tokens, earning rewards composed of both STRD and rewards derived from liquid staked tokens. This token lets users to participate actively in on-chain governance processes, including voting on matters such as validator selection and chain upgrades.

Its core functions remain intact as Stride adopts Interchain Security (ICS). STRD holders can continue staking their tokens to receive rewards, a combination of both STRD and rewards derived from liquid staked tokens. This allows them to actively engage in on-chain decisions and voting processes, influencing choices like validator selection and upgrades. 

To ensure sustainability, the emission of STRD as staking rewards was decreased in half from the original tokenomics. A portion of staking rewards, 15%, is shared with the Cosmos Hub, fostering collaboration between the two ecosystems. The STRD token remains essential, serving as a pillar of governance influence and staking opportunities within Stride's evolving landscape.

Where can you buy Stride?

STRD tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Stride is Osmosis, where the most active trading pair STRD/OSMO has a trading volume of $193.39 in the last 24 hours.

What is the daily trading volume of Stride (STRD)?

The trading volume of Stride (STRD) is $451.84 in the last 24 hours, representing a -69.40% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Stride (STRD)?

Stride (STRD) reached an all-time high of $7.77 and an all-time low of $0.008045. It’s now trading -99.70% below that peak and 191.50% above its lowest price.

What is the market cap of Stride (STRD)?

Market capitalization of Stride (STRD) is $887,548 and is ranked #3184 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of STRD tokens (38 Million tokens are tradable on the market today).

What is the fully diluted valuation of Stride (STRD)?

The fully diluted valuation (FDV) of Stride (STRD) is $887,548. This is a statistical representation of the maximum market cap, assuming the maximum number of 100 Million STRD tokens are in circulation today. Depending on how the emission schedule of STRD tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Stride compare against its peers?

With a price increase of 30.30% in the last 7 days, Stride (STRD) is outperforming the global cryptocurrency market which is up 9.70%, while outperforming when compared to similar Liquid Staking cryptocurrencies which are up 13.20%.