What is Inter Stable Token (IST)?
Inter Protocol (https://inter.trade/) is a community organized, decentralized application on the Agoric chain that implements the Inter Stable Token (IST), an overcollateralized, cryptocurrency-backed stable token for the interchain ecosystem. The Hardened JavaScript smart contracts are written using the Zoe framework, which relies on the Electronic Rights Transfer Protocol (ERTP) for token support.
How does Inter Stable Token work?
IST is designed to maintain parity with the US dollar (USD) for broad accessibility and is the native fee token for the Agoric platform, providing some of the core functionality and stability for the Agoric cryptoeconomy.
Where can you buy Inter Stable Token?
Inter Stable Token (IST) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for IST sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting IST, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of Inter Stable Token (IST)?
The reported 24-hour trading volume of Inter Stable Token is $65.83. Volume is a live reading of how much IST changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.
