OVL (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 2026-05-09, OVL has a circulating supply of 44.70M OVL OVL and a maximum supply cap of 100.00M 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 2026-05-09, the project has gained significant traction in the Web3 space, with a circulating supply of 44.70M OVL OVL tokens out of a maximum supply of 100.00M 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 100.00M OVL, with 44.70M OVL currently in circulation as of 2026-05-09. 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 44.70M 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: 2027: Expanding supported data feeds and metrics, enhancing the dynamic minting/burning model. 2028: Launching cross-chain integration to enable trading on multiple blockchains. 2031: Implementing advanced AI-powered predictive analytics for data trends. 2036: 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: 2027: $0.009059 $0.012244 2031: $0.015361 2036: -- 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.

OVL is rising due to increased adoption, positive market sentiment, and growing interest in decentralized data derivatives. Its unique model for counterparty-free trading of real-world metrics is attracting investors and users, driving up demand and price for OVL.

OVL is dropping due to market uncertainty and broader crypto declines. Recent economic announcements have affected overall sentiment, impacting OVL's price in the short-term.

Based on current market trends and the project's potential, OVL (OVL) could reach $0.009059 by 2027 and potentially $0.015361 by 2031. However, cryptocurrency prices are highly volatile and unpredictable.

OVL price movements are unpredictable, but analysts expect potential growth by 2027 based on project developments and market trends. Always do your own research before investing.

The current price of OVL (OVL) is $0.007710. As the #3450 cryptocurrency by market cap, OVL has seen a 0.00% change in the last 24 hours with a trading volume of $295.29.

The highest price OVL has ever reached is $0.500000.

The lowest price OVL has ever reached is $0.007600. This historical low was recorded on 2026-05-09.

Currently, 1 OVL is worth $0.007710.

OVL is valuable due to its innovative data derivatives protocol, enabling on-chain trading of real-world metrics without counterparties. Its dynamic minting/burning model using OVL tokens solves liquidity issues for long-tail assets and heterogeneous markets.

As of 2026-05-09, there are 44.70M OVL OVL in circulation. The total supply of OVL is 88.88M OVL, with a maximum supply of 100.00M OVL.

Mining profitability for OVL (OVL) is currently limited due to high energy costs and relatively low market prices. While some miners may see small profits, overall OVL mining is not widely profitable for most in 2025. Profitability may improve if OVL prices increase significantly.

OVL was launched on September 14, 2021. It operates on the BNB Smart Chain (BEP20) platform as a decentralized data derivatives protocol in the DeFi sector.

Currently, one OVL costs $0.007710.

You can buy OVL through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy OVL at $0.007710.

To purchase OVL, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to OVL trading pair, enter purchase amount, and confirm your transaction. Store your OVL in a secure wallet for safekeeping.

OVL is considered safe and legitimate based on available reviews. Trust scores indicate it is secure for consumers. Always verify with updated sources as of 2026-05-09.