Siren
SI #6220Project Safety Score: 47%
Updated 12 hours, 50 minutes ago& Market
Credibility
Behavioral
Mechanics
Distribution
SIREN is a distributed protocol designed for the creation, trading, and redemption of fully-collateralized options contracts for ERC-20 tokens on the Ethereum blockchain. The protocol employs a permissionless model where individual market contracts are coordinated by a MarketsRegistry contract, ensuring continuous solvency through collateral locked in smart contracts. It tokenizes both the buyer’s side (bToken) and the seller’s/writer’s side (wToken) of the contract, allowing for secondary markets and facilitating easier interactions for traders and liquidity providers.
To enhance liquidity, SIREN features the SirenSwap Automated Market Maker (AMM), which utilizes a combination of a constant-product bonding curve and options minting for trading bTokens and wTokens without requiring additional assets in the pool. The protocol aims to streamline liquidity provision by eliminating the need for complex pricing formulas or oracle feeds, thereby simplifying the process for liquidity providers.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
Price Chart
Contract Security
0xd23ac27148af6a2f339bd82d0e3cff380b5093deOn-Chain Facts
-
0x28929b64d1e263b75…25.36% -
0xd1b3997076627015c…22.00% -
0x5d8a31269a9f3336e…8.49% -
0x2fc12f75d6b307382…6.20% -
0x54385983fe4d75c82…5.83% -
0x9152c860626d78ad4…3.17% -
0x1ddd4459302eeeda1…2.50% -
0x0dc874fb5260bd874…2.38% -
0xd28877162906c4fb4…1.55% -
0x30045ad74f4475e82…1.22%
Siren Exchanges
Top 2 by trust scoreView on Chain
Market Stats
Recent News
Latest ##siren News, Opinions and Feed Today | Binance Square
SIREN memecoin plunges 56%, erasing 40 days of gains amid strong selling pressure.
Here’s why SIREN is likely to fall again after its latest 56% price crash
SIREN price crashes 51% as MACD signals deeper slide
SIREN memecoin plunges 48% amid crypto market selloff after new Fed leadership
SIREN drops 48% as panic selling intensifies – Can the memecoin fall even lower?
SIREN Sounds the Alarm: Token Crashes 57% in a Single Day
代币Fairy(@Square-Creator-fdc2db0ff008)'s insights
Will SIREN price recover after a 51% daily crash below key moving averages?
SIREN price crashes 51% on May 14, closing at $0.56 amid bearish signals and heavy selling.