OVL Price

OVL is a cryptocurrency powering the Overlay Protocol, the first decentralized data derivatives platform. It enables on-chain trading of real-world metrics without counterparties, from ETH burn rates to gaming stats and more. OVL uses a dynamic minting/burning model based on the OVL token to facilitate counterparty-free trading, solving liquidity issues for long-tail assets and heterogeneous markets. The protocol aims to make a wide range of data-driven markets tradable on the blockchain. As of 2025-12-25, OVL has a circulating supply of 13.68M OVL OVL and a maximum supply cap of 100M OVL OVL. The project launched in September 2021 on the Ethereum network.

OVL was created in 2021. It operates on the Arbitrum blockchain as a decentralized data derivatives protocol. OVL aims to make real-world metrics tradable on-chain without counterparties, covering diverse data from ETH burn rates to gaming statistics and more. The project utilizes a dynamic minting/burning model based on the OVL token to enable counterparty-free trading, addressing liquidity challenges for long-tail assets and heterogeneous markets.

The founders of OVL are Nathan McCauley and an undisclosed co-founder. The project was launched in 2025 with the goal of building the first decentralized data derivatives protocol. Nathan McCauley serves as the CEO and public face of the project, while the identity of the other co-founder remains private. The founding team aimed to create a platform that allows real-world metrics to be traded on-chain without counterparties, addressing liquidity issues in long-tail and heterogeneous markets. OVL utilizes a dynamic minting/burning model based on the OVL token to enable counterparty-free trading. As of 2025-12-25, the project has gained significant traction in the Web3 space, with a circulating supply of 13.68M OVL OVL tokens out of a maximum supply of 100M OVL.

OVL operates as a decentralized data derivatives protocol, enabling users to trade real-world metrics on-chain without counterparties. Here's how it works: 1. Users lock OVL tokens to take long or short positions on various data streams. 2. The protocol uses a dynamic minting/burning model based on OVL to facilitate counterparty-free trading. 3. This model eliminates the need for bilateral liquidity, solving liquidity issues for long-tail assets and heterogeneous markets. 4. Traders can speculate on a wide range of data, from ETH burn rates to gaming statistics and content trends. 5. Smart contracts automatically execute trades based on the underlying data feeds. 6. The protocol's design allows for trading without traditional order books or liquidity pools. 7. OVL's total supply is capped at 100M OVL, with 13.68M OVL currently in circulation as of 2025-12-25. By leveraging blockchain technology, OVL aims to make previously untradeable real-world data accessible for financial speculation and hedging.

OVL utilizes a decentralized protocol for trading data derivatives. Its technical architecture is built on blockchain technology, employing smart contracts to enable counterparty-free trading of real-world metrics. The system uses a dynamic minting/burning model based on the OVL token, which allows for trading without traditional bilateral liquidity constraints. This innovative approach solves liquidity issues for long-tail assets and heterogeneous markets. The protocol supports various data streams, from cryptocurrency metrics to gaming statistics and beyond, all tradable on-chain. With a total supply of 88.88M OVL and a circulating supply of 13.68M OVL, OVL's architecture is designed to scale and accommodate a wide range of data-driven financial products.

OVL aims to revolutionize decentralized data derivatives trading. Its future roadmap includes: 2026: Expanding supported data feeds and metrics, enhancing the dynamic minting/burning model. 2027: Launching cross-chain integration to enable trading on multiple blockchains. 2030: Implementing advanced AI-powered predictive analytics for data trends. 2035: Becoming the leading platform for trading real-world data on-chain. The project's unique approach to counterparty-free trading and solving liquidity issues positions it well for long-term growth. Price predictions: 2026: $0.04466 $0.05236 2030: $0.07603 2035: -- With its innovative model and expanding ecosystem, OVL has strong potential to disrupt traditional derivatives markets and become a major player in the decentralized finance space.