Market cap
$11.78K
0.6 %
Volume (24h)
$2.05
0.6 %
Circulating supply
7,891,579,947 TIDAL
Total supply
19,838,000,000 TIDAL
Tidal Finance (TIDAL)
$ 0.00
0.6 %
Main info
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Key data
updated $0Market cap$11.78K
Volume 24h$2.05
Circulating supply7.89B
Tidal Finance (TIDAL) is a decentralized insurance protocol that was originally built on the Polkadot ecosystem. In simple terms, it works like a marketplace where users can buy protection against hacks, exploits, and other risks in DeFi, while others can earn by providing insurance capacity. TIDAL is the token that powers this system.
Frequently asked questions
What is Tidal Finance and how is it different from regular insurance?
Tidal Finance is a decentralized, blockchain-based alternative to traditional insurance, focused specifically on risks in the DeFi and crypto space. Instead of a company, coverage is provided by a pool of capital contributed by users who stake funds and earn premiums. The main difference is transparency: all policies, claims, and payouts are handled by smart contracts rather than paperwork and intermediaries.
How does Tidal Finance work technically?
Tidal operates as an insurance marketplace where users can create custom coverage pools for specific assets or protocols. Liquidity providers deposit funds into these pools and receive yields from the premiums paid by policy buyers. When an insured event like a hack occurs, claims are assessed and payouts are made from the pool according to predefined rules in the smart contracts.
How is the TIDAL token supply and emission structured?
TIDAL has a fixed maximum supply, which is a common design choice to prevent unlimited inflation. Tokens were distributed through a sale, team and ecosystem allocations, and incentive programs for liquidity providers and users. A portion of emissions is typically directed toward rewarding participants who supply insurance capacity, which keeps the pools funded.
Where and how can you store and use TIDAL tokens?
Since TIDAL is an ERC-20 token, it can be stored in any wallet that supports Ethereum-based assets, such as MetaMask, Trust Wallet, or a hardware wallet like Ledger. Beyond holding, the token is used within the Tidal ecosystem for participating in insurance pools, governance decisions, and earning rewards. Always double-check the contract address before transferring to avoid fake tokens.