Market cap
$190.67K
-1.27 %
Volume (24h)
$24.55
-1.27 %
Circulating supply
42,464,929 HELMET
Total supply
100,000,000 HELMET
Max. supply
100,000,000 HELMET
Helmet Insure (HELMET)
$ 0.00
-1.27 %
Main info
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Key data
updated $0Market cap$190.67K
Volume 24h$24.55
Circulating supply42.46M42% of max 100M
All-time high$2.93-100% from peak · 2021-04-14
Helmet Insure (HELMET) is a decentralized insurance protocol built on Binance Smart Chain, and HELMET is the token that powers it. In simple terms, it lets users buy protection against price drops of their crypto assets — think of it as buying a short-term 'safety net' for your positions. The project was one of the early players in DeFi insurance, focusing on pay-per-use protection rather than traditional pooled coverage.
Frequently asked questions
What is Helmet Insure and how is it different from regular insurance?
Helmet Insure is a DeFi protocol that offers decentralized, short-term price protection for crypto assets. Unlike traditional insurance with companies and claims departments, it works entirely through smart contracts — you buy coverage, and if the price condition is met, the contract pays out automatically. There's no paperwork or middleman involved.
How does Helmet Insure work technically?
The protocol runs on Binance Smart Chain using smart contracts, and its mechanics are close to binary options: you buy a policy that pays out if an asset's price falls below a chosen level within a set period. Sellers of protection earn premiums, while buyers get automatic payouts when conditions trigger. Everything is executed on-chain without intermediaries.
How is the HELMET token supply and emission structured?
HELMET has a fixed maximum supply, with tokens distributed through mining rewards, team allocation, and ecosystem incentives. A significant portion was reserved for liquidity mining to bootstrap the protocol. Like most DeFi tokens, its emission schedule was set at launch, so no new tokens appear beyond the original plan.
How can I store and use HELMET tokens?
Since HELMET is a BEP-20 token on Binance Smart Chain, any wallet that supports BSC works — MetaMask, Trust Wallet, or hardware wallets with BSC compatibility. Beyond holding, you can use HELMET within the protocol for governance participation and staking incentives. Always double-check the contract address before transferring, as fake tokens are a common scam vector.