Silo Finance – Time To Buy Crypto

Is it a good time to buy Silo Finance right now?

Current Price: $0.06

Average Daily Volume

Silo Finance is currently ranked number 931 worldwide with a daily trading volume of $702,590.00, which it will make it not so easy for you to sell your holdings of Silo Finance.

Rating: 0/5

Market Cap

Silo Finance has a total market cap of $11,756,138.00.

Rating: 0/5

Community

Silo Finance has 22,990 total followers in all its social media accounts.

Rating: 0/5

All Time High

Silo Finance is currently -93.22% from its highest price $0.91 on 2022-04-10.

Rating: 5/5

Price Potential

The Silo Finance price has the potential to increase to $122.23 during the next cryptocurrency bull market, which may occur within the next five years.

Overall Score

Our algorithm believes it is an excellent time to invest in Silo Finance right now.

Overall rating: 2/5

How to buy Silo Finance today?

Do you think it's a good time to buy Bitcoin right now?

What Is Silo Finance?

Silo is a non-custodial lending protocol to borrow any crypto asset with another.

SECURE BY DESIGN

When you deposit in a Silo, you don't share the risk with other tokens in the protocol. Silos can only borrow the bridge asset from each other, keeping the risk isolated to a single Silo.

EFFICIENT

To concentrate liquidity, each token asset gets one Silo only. With the bridge asset connecting all Silos, liquidity moves fluidly in the protocol, enabling any collateral token to borrow another.


PERMISSIONLESS

Silo is designed to support any token asset on the chains it operates on. Silos share default collateral factors that can be adjusted on a Silo level at any time.

To top