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About PIKA

Pika Protocol is a decentralized perpetuals swap exchange on Ethereum layer 2 with:High Leverage: support up to 100x leverage. Low slippage: nearly zero slippage for all pairs. Trade Many Assets: starting from crypto and expanding to non-crypto. Low fees: built on Ethereum Layer 2 with low gas fee. Simple experience: swap directly from your wallet without doing any deposits.

Pika Protocol (PIKA) is a cryptocurrency launched in 2023. PIKA has a current supply of 100.00M with 0 in circulation. The last known price of PIKA is 0.523923409502 USD and is 0.024245243558 over the last 24 hours. It is currently trading on active market(s) with $48.71 traded over the last 24 hours. More information can be found at https://www.pikaprotocol.com/.

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PIKA Price Statistics
PIKA’s Price Today
24h Price Change
+$0.0242452435584.85%
24h Volume
$48.7188.19%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#9819
PIKA Market Cap
Market Cap
$0
Fully Diluted Market Cap
$52.39M
PIKA Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
PIKA Supply
Circulating Supply
0
Total Supply
100.00M
Max Supply
100.00M
Updated Jan 15, 2025 1:37 pm
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PIKA
Pika Protocol
$0.523923409502
$0.024245243558(+4.85%)
Mkt Cap $0
There's nothing here for now
Multiple crypto hedge funds achieve double-digit returns in 2024, VisionTrack Composite Index rises 40%
Multiple crypto hedge funds achieve double-digit returns in 2024, VisionTrack Composite Index rises 40%
According to data provided by Galaxy's VisionTrack, in 2024, multiple crypto hedge funds achieved double-digit returns, and the VisionTrack Composite Index, which tracks the performance of 130 crypto-specific hedge funds, rose 40%. But it is still not as good as Bitcoin: BTC rose 120% last year and broke through $100,000 for the first time. "2024 is a challenging year for many cryptocurrency funds because it is the year of Bitcoin and Memecoin - they are the best assets, and everything else lags behind," said David Kalk, founder and chief investment officer of Reflexive Capital, which runs its own hedge fund that invests in assets such as Bitcoin. For cryptocurrency hedge funds, outperforming Bitcoin is a challenge because “timing is hard,” said David Jeong, CEO of Tread.fi, an algorithmic cryptocurrency trading platform for institutional traders. “In the hedge fund space, drawdowns are very sensitive, so you can’t always be fully long. There are other ways for investors to invest in crypto.” However, hedge funds focused on digital asset industry directional and quantitative strategies had the best average performance last year, according to VisionTrack data. The VisionTrack Quantitative Directional Index rose 53.7%, while the VisionTrack Fundamental Index rose 40.4% over the same period. The VisionTrack Market Neutral Index rose about 18.5%. Galaxy Digital’s Alpha Liquid Fund rose 76.6% in 2024, according to a person familiar with the matter. A Galaxy representative declined to comment on the returns because the information is not yet public. David Tawil's ProChain Master Fund, a multi-strategy cryptocurrency investment vehicle launched in 2018, rose about 70% last year, thanks to large positions in larger tokens such as Bitcoin, and rose 80% in 2023. Fundamental research and macro funds, which have high confidence in crypto assets based on fundamental research on tokens or blockchains, have generally performed well. Reflexive Capital, which operates a long-leaning fundamental crypto hedge fund, saw a 106% increase in net returns in 2024, according to a person familiar with the matter. (Bloomberg)
Jan 15, 2025 1:30 pm

Frequently Asked Questions

  • Is Pika Protocol (PIKA) a Good Investment?

    Pika Protocol offers several features and characteristics that make it an attractive investment option. Here are some reasons why $PIKA may be considered a good investment:High Leverage Pika Protocol supports leverage of up to 200x, allowing you to amplify your potential profits. Higher leverage enables you to gain more exposure to the market with smaller capital investments. Low Slippage Pika Protocol aims to provide nearly zero slippage for all trading pairs. You can execute your trades with minimal price impact, resulting in more accurate and efficient trading.Pika Protocol Supports Crypto and Forex Trading Pairs Pika Protocol offers over 25 trading pairs, including popular cryptocurrencies like BTC, ETH, BNB, SOL, and more. Additionally, it provides leveraged trading on forex pairs such as EUR-USD, JPY-USD, GBP-USD, AUD-USD, and CAD-USD. This diverse range of trading options allows you to access various markets from a single platform.Low Trading Fees Being built on Ethereum Layer 2, Pika Protocol benefits from lower gas fees than the Ethereum mainnet. This means that traders can enjoy cost-effective trading with reduced transaction fees.Comfortable User Experience Pika Protocol allows users to swap assets directly from their wallets without the need for any additional deposits. This streamlined user experience enhances convenience and eliminates unnecessary steps in the trading process.PIKA Stablecoin Pika Protocol also offers a stablecoin called PIKA Stablecoin. Decentralized derivatives back it and use perpetual swap positions to maintain price stability around a target of 1 dollar. PIKA Stablecoin is capital efficient, yield-bearing, and a DeFi-native stablecoin option.

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  • What Is Pika Protocol Price Prediction?

    While we cannot offer an accurate PIKA price prediction over any duration, you could monitor the following factors to get a better understanding of the price action and volatility in this token: Level of Adoption and On-chain Activity on Pika Protocol Increased trading activity on the Pika protocol supports the PIKA price. The PIKA to USD price can increase as the demand for the Pika platform increases, boosting investor confidence. PIKA Tokenomics The tokenomics of PIKA tokens, including factors such as token supply, distribution, and inflation/deflation mechanisms, can impact the Pika Protocol value.Crypto Market Sentiment The broader trends in the cryptocurrency market and the blockchain industry can affect the live price of PIKA tokens. Regulatory developments, technological advancements, market cycles, and similar projects’ performance can indirectly impact the PIKA token price.Positive news, developments, partnerships, or community sentiment can drive up the demand for PIKA tokens and consequently impact their price positively. Conversely, negative news or events can lead to a decline in sentiment and the Pika Protocol price.

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  • What Is PIKA Token Used For?

    The PIKA token is used within the Pika Protocol ecosystem for various purposes. Here are some key use cases:Native Token of Pika Protocol PIKA serves as the native token of the Pika Protocol platform and can be used for trading on the decentralized perpetual swap exchange. Traders can utilize PIKA tokens to participate in leveraged trading on over 25 trading pairs, including crypto and forex asset. Pika Protocol’s Governance Token PIKA token holders may have governance rights within the Pika Protocol ecosystem. They can participate in decision-making processes and vote on proposals that influence the development and future of the protocol. Stake PIKA to Earn Rewards With the introduction of Pika Protocol V4, PIKA token staking becomes possible. Stakers can lock their PIKA tokens to access 30% of the protocol's trading fees. Unlock Tokens on Pika Protocol A lock-up mechanism for the PIKA token involves a non-transferable token called escrow PIKA (esPIKA). esPIKA can be vested for one year to unlock PIKA tokens. Initially, there is a vesting fee of 90% for unlocking PIKA, which linearly decays to zero over time. Fees incurred for redeeming tokens earlier than one year will be directed to the treasury growth fund. Trade or HODL PIKA on KuCoin Trade Pika Protocol crypto against other digital assets on the KuCoin Spot Market, or hold it long-term if you believe in the project’s future potential. Buy or sell PIKA to make the most of changing market conditions and volatility. Remember to DYOR before making any trading decisions in the crypto market.

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  • How to Stake PIKA on Pika Protocol

    Here’s how you can stake $PIKA on Pika Protocol to earn rewards: 1. Before staking, you need to acquire PIKA tokens by buying them on KuCoin or other supported platforms and transferring your tokens to your wallet. 2. Visit the Pika Protocol website and connect your wallet to it.3. Navigate to the staking section or find the option to stake your PIKA tokens on the platform.4. Enter the quantity of PIKA tokens you wish to stake. Make sure to review any requirements or minimum thresholds mentioned on the platform.5. Confirm and authorize the staking transaction from your wallet. 6. Sit back, earn rewards, and grow your holdings by staking PIKA on Pika Protocol.

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  • How to Earn on Pika Protocol

    To earn using Pika Protocol, you can participate in decentralized leverage trading on their platform. Here are the steps to potentially earn using Pika Protocol:1. Visit the official website of Pika Protocol, familiarize yourself with the supported trading pairs, and choose the ones you are interested in trading.2. Connect your compatible Ethereum wallet to the Pika Protocol platform. 3. Deposit your desired assets into your wallet connected to Pika Protocol. Ensure you have sufficient funds for trading and cover any potential leverage positions.4. Explore the available options and select the trading pair you wish to trade.5. Consider your risk tolerance and trading strategy before entering any positions. Leverage trading involves higher risk, so assessing the market conditions and making informed decisions carefully is important.6. Place your trade by selecting the appropriate leverage, position size, and desired order type (e.g., market order, limit order).7. Monitor your positions closely and manage risk by setting stop-loss and take-profit orders if available. 8. Regularly review and adjust your trading strategy based on market conditions and individual goals.

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  • What is the all-time high price of Pika Protocol (PIKA)?

    The all-time high of PIKA was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Pika Protocol (PIKA) is 0. The current price of PIKA is down 0% from its all-time high.

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  • How much Pika Protocol (PIKA) is there in circulation?

    As of , there is currently 0 PIKA in circulation. PIKA has a maximum supply of 100.00M.

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  • What is the market cap of Pika Protocol (PIKA)?

    The current market cap of PIKA is 0. It is calculated by multiplying the current supply of PIKA by its real-time market price of 0.523923409502.

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  • What is the all-time low price of Pika Protocol (PIKA)?

    The all-time low of PIKA was 0 , from which the coin is now up 0%. The all-time low price of Pika Protocol (PIKA) is 0. The current price of PIKA is up 0% from its all-time low.

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  • Is Pika Protocol (PIKA) a good investment?

    Pika Protocol (PIKA) has a market capitalization of $0 and is ranked #9819 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Pika Protocol (PIKA) price trends and patterns to find the best time to purchase PIKA.

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