Overlay is building the first decentralized data derivatives protocol. This makes real-world metrics tradable — from ETH burn to Twitch stats, CS2 skins, temperature, and even adult content trends — all on-chain and counterparty-free.
Overlay utilizes a dynamic mint/burn model built around the $OVL token to enable counterparty-free trades, eliminating traditional limitations of two-sided liquidity required for similar product classes in the past. With this model, the liquidity problem besetting long-tail assets and exotic markets is solved.
開始時間
2025-08-12 10:00:00
終了時間
2025-08-14 07:00:00
プロジェクト紹介
創設者
Project Highlights
Token Economics
Technical Overview
Token Circulation Status
リスクのリマインダー
Omar
Project Highlights
• Mathematically rigorous design
• 4 audits (SpearBit, LeastAuthority, Trail of Bits, Nethermind)
• 5 successful testnets. In our largest points program, 25% of total supply was burned in 9 months
• Founder alum of MIT and Oxford
• VCs and team locked 1 year post TGE
Investors include Polychain Capital, 1kx, ParaFi, Metacartel Ventures, The LAO, CitizenX, Founderheads and others. Our presale on Fjord sold out in 38 seconds, breaking records
Token Economics
OVL is the native token used for margin, settlement, and governance. Traders post OVL as collateral to take long/short positions on data streams. The protocol burns OVL on losses, creating deflationary pressure, while mints occur on profitable trades. Incentives align protocol growth with token value.
Technical Overview
Overlay is a decentralized derivatives protocol enabling counterparty-free trading of real-world data streams through a dynamic $OVL mint/burn mechanism. This eliminates traditional liquidity constraints, allowing exotic long-tail markets to trade on-chain without requiring matched buyers/sellers, solving the liquidity problem for niche derivatives markets.
Token Circulation Status
*Pre-seed and Seed 28.10333%: 0% unlock at TGE, 12 Months cliff, linear vesting over 12 Months
*KOL’S 3.60742%: 16% unlock at TGE, 3 Months cliff, linear vesting over 15 Months
*Foundation 22.47647%: 3.91% unlock at TGE, 12 Months cliff, linear vesting over 12 Months
*Users 4.19%: 7.7% unlock at TGE, no cliff, linear vesting over 12 Months
*DAO 30.33333%: 22.99% unlock at TGE, 6 Months cliff, linear vesting over 48 Months
*Public 4.62277%: 58.7% unlock at TGE, 6 Months cliff, linear vesting over 12 Months
*T1 Cex’s 6.66667%: 15% unlock at TGE, 6 Months cliff, vesting 30%, 55% on hold