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Indigo Protocol

Indigo Protocol

INDY

89.15 %(1Y)

$0.116852

Price chart

Statistics

Price change (24h):

3.53%

High (24h):

$0.117129

Low (24h):

$0.11158

Volume (24h):

$1.69K

Market Cap:

$2.22M

All Time High:

97.40% $4.50

Jul 14, 2023

All Time Low:

71% $0.07

Jun 5, 2026

About Indigo Protocol

Indigo Protocol (INDY) is a cryptocurrency launched in 2022. It functions as the governance backbone for an autonomous synthetic assets engine anchored entirely within the Cardano ecosystem.

The protocol demolishes the barrier between on-chain capital and off-chain markets by letting anyone mint tokenized replicas of real-world assets, branded as iAssets. A user supplies collateral in the form of Cardano’s ADA or approved stablecoins and receives a synthetic that mirrors the price action of commodities, equities, or fiat currencies without ever taking delivery of the underlying. The launch also injected iUSD, the first native stablecoin, directly into Cardano’s monetary fabric, eliminating centralized custodians and over-collateralized bridges.

Indigo Protocol operates on the Cardano network. Its logic is embedded in a suite of non-custodial smart contracts that execute directly against Cardano’s immutable ledger, inheriting its deterministic settlement finality and low-fee execution environment. No external relayer or sidechain mediates the contract state.

INDY tokens exist as Cardano native assets, carrying a fixed minting policy that precludes any counterfeiting or inflationary manipulation beyond the hard cap. The token’s on-chain identity is tied to a specific policy ID, allowing wallets and explorers to verify provenance instantly. Settlement of governance actions occurs entirely within the same transactional layer that moves value, removing bridging risk for voters.

The project surfaced from a decentralized collective with no named founders or corporate shell, launching on 20 November 2022 as a fully operational DAO. There was no ICO, no ISPO, and no community pre-sale—a deliberate choice to distribute INDY exclusively to protocol users, stakers, and liquidity providers. The vesting schedule feeds the entire supply into circulation over a span of four years, rewarding early organic adoption rather than institutional backers.

Its long-term orientation fixates on a permissionless synthetic marketplace where price exposure becomes a native internet primitive. Rather than just another DeFi yield farm, Indigo aims to erode the jurisdictional moats that keep global asset classes siloed, allowing anyone with a Cardano wallet to replicate the performance of hard-to-access markets through programmable collateralized debt positions.

INDY is the exclusive token used to weight and cast decisions inside the Indigo DAO. Token holders lock units to submit formal improvement proposals, vote on risk parameters—such as debt ceilings, liquidation thresholds, and fee splits—and ratify upgrades to the protocol’s smart contracts. Simultaneously, the asset streams to minters and liquidity providers as a continuous incentive, hardwiring economic participation into governance influence in a single feedback loop.

A community member staking INDY can force a governance poll on adding a new synthetic asset, like tokenized gold or an equity index, and a liquidity provider accumulating INDY rewards can escalate their voting heft during parameter reviews. The DAO’s forum channels all deliberation, and the token’s quadratic voting logic resets with each cycle, preventing entrenched blocs from ossifying control.

Indigo Protocol has a maximum supply of 35,000,000 tokens. Currently, 19,112,792 are in circulation. The entire supply is programmed to enter the float through continuous emissions to users, stakers, and liquidity providers across the four-year distribution window. With a market capitalization of $2,965,277, Indigo Protocol ranks #2,020 among all cryptocurrencies.

Indigo Protocol Historical Price Data

Date Open Close High Low
$0.11 $0.12 $0.12 $0.11
$0.11 $0.11 $0.12 $0.11
$0.11 $0.11 $0.11 $0.10
$0.11 $0.11 $0.11 $0.10
$0.11 $0.11 $0.11 $0.10
$0.10 $0.11 $0.11 $0.10
$0.09 $0.10 $0.10 $0.09
$0.08 $0.09 $0.09 $0.08
Why is manual trading Indigo Protocol a bad idea?
Manual indy trading
  • Miss perfect entry/exit
  • Emotional decisions
  • Huge time to monitor
Stoic AI
  • AI trades 24/7 automatically Catch every opportunity

  • Zero-emotion algorithm Disciplined strategy

  • Passive income Set & forget automation

20,000+

traders trusted Stoic AI

$200M+

in cumulative assets under management since inception

2015

year of company foundation

Try Automated INDY Trading

FAQ

  • Indigo Protocol (INDY) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live INDY price, market cap, and 24-hour trading volume at the top of this page.
  • The current price of Indigo Protocol (INDY) is $0.116852. Over the last 24 hours, it has moved 3.53%. Crypto prices update continuously, so short-term changes can happen quickly.
  • You can buy Indigo Protocol on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.

    The smartest way to manage your INDY investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading.
  • Indigo Protocol's price is influenced by overall crypto market trends, trading volume, investor sentiment, regulatory news, and macroeconomic events. High volatility is common - INDY can move 5-15% in a single day. This makes timing the market extremely difficult for manual traders but creates opportunities for systematic, data-driven strategies.
  • We can’t provide investment advice. Whether Indigo Protocol is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
  • Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
  • Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. INDY can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
  • With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
  • You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.

Disclaimer:

This website is operated by Cindicator Ltd. (“Cindicator”), a Gibraltar private company. You are solely responsible for compliance with all laws that may apply to you and your use of Cindicator products. Cryptocurrencies and blockchain technologies have been the subject of scrutiny by regulatory bodies worldwide. With respect to your use of Cindicator products, Cindicator makes no representations regarding the applicability or compliance of its products with any laws or regulations, including, without limitation, those related to trading, options, derivatives, or securities. You also assume all legal, economic, and other risks related to your use of Cindicator products, including legal uncertainty, market volatility, and information security risks, among others. Trading in cryptocurrencies and digital assets is highly speculative, and the value of investments can fluctuate dramatically. You may lose a substantial portion or even all of your invested capital, and such trading may not be suitable for everyone. If you are unsure about these risks or your ability to bear potential losses, you should consult with an independent financial advisor before using Cindicator products. Depending on your jurisdiction, access to or use of Cindicator products may be subject to certain legal restrictions or prohibitions. You agree that it is solely your responsibility to determine and comply with any laws and regulations applicable to your use of Cindicator products, and that Cindicator is not responsible for informing you of such requirements.

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