Divergence raised $5 M in a IDO round on 2021-09-26.

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According to media reports, Divergence raised $5 M in a IDO round on 2021-09-26.Following this round, Divergence's total funding reached $8 M.
Divergence is a decentralized derivatives platform for volatility hedging and advanced financial products centered around blockchain-native asset prices. The Divergence team is currently developing a range of decentralized volatility derivatives and volatility index products with the aim of becoming the go-to platform for risk-averse users seeking to hedge both one-sided and two-sided volatility risks, risk-tolerant users looking to trade and gain leveraged exposure to volatility, as well as risk-neutral users looking to participate as liquidity providers by funding volatility markets and earning fees.

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DIVER Fundraising History
RoundAmountValuationTimeInvestor(s)
IDO$5 M--2021-09-26--
Key Milestones
  • 2023-12-21
    Divergence was live on mainnet
  • 2021-09-27
    Divergence raised $ 5.3 M through IDO
  • 2021-09-13
    Divergence completed a strategic financing
  • 2021-06-09
    Divergence raised $ 2.9 M in Seed round
24-Hour High
$0.01074
24-Hour Volume
$84.44K
All-Time High
$0.454
All-Time Low
$0.004908
Market Cap / FDV
66%
FDV
$10.71M
24-Hour Low
$0.01032
Market Cap
$10.71M
Circulating Supply
660.00M DIVER
Total Supply
1.00B DIVER
Max Supply
1.00B DIVER
Market Sentiment
Positive
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