Ithaca Protocol Price

Ithaca Protocol is a non-custodial, composable options protocol launched in December 2024. It aims to provide optimal risk-sharing across time and event horizons for both professional and retail users. Ithaca Protocol offers a modular decentralized infrastructure for rapidly creating and market-making complete options, option strategies, and structured product markets on any underlying asset. Key features of Ithaca Protocol include: - Ranked in the top 3 on DeFiLlama - Backed by major crypto firms Cumberland and Wintermute - Innovative auction-based, MEV-resistant algorithmic market clearing framework - AI-powered chatbot for user engagement and macro-informed discourse - Currently deployed on Arbitrum, with plans to expand to Base and Solana As of 2025-08-22, Ithaca Protocol (ITHACA) is priced at $0.00853 with a market cap of $548.05K. It has a circulating supply of 64.25M ITHACA out of a maximum supply of 1B ITHACA. The token reached an all-time high of $0.1456 on December 19, 2024, and an all-time low of $0.004932 on June 7, 2025.

Ithaca Protocol was created on December 19, 2024. The project launched its token on the Ethereum blockchain, with the aim of providing a non-custodial, composable options protocol. Since its inception, Ithaca Protocol has consistently ranked among the top decentralized finance (DeFi) protocols on DeFiLlama, backed by prominent crypto market makers Cumberland and Wintermute. The protocol's innovative modular infrastructure allows for rapid deployment of liquid options, option strategies, and structured product markets on various underlying assets.

The founders of Ithaca Protocol (ITHACA) are not publicly disclosed. As a decentralized protocol, Ithaca Protocol was developed by a team of anonymous developers and contributors focused on building innovative DeFi infrastructure. The project launched in December 2024 with the goal of creating composable options and structured product markets. While the founding team remains private, Ithaca Protocol has received backing from prominent crypto firms like Cumberland and Wintermute, helping establish it as a leading DeFi options protocol.

Ithaca Protocol operates as a non-custodial, composable options protocol on multiple blockchain networks. It utilizes an auction-based algorithmic market clearing framework to enable efficient deployment of options and structured product markets for various assets. The protocol aims to provide optimal risk-sharing across time and event horizons for both professional and retail users. Ithaca Protocol's modular infrastructure allows for rapid creation and market-making of complete options, option strategies, and structured products on any underlying asset. The native token ITHACA is used for governance and utility within the ecosystem. As of 2025-08-22, ITHACA is trading at $0.00853 with a 24-hour trading volume of $73.34K and a market cap of $548.05K. The total supply of ITHACA is 1B ITHACA, with 64.25M ITHACA currently in circulation.

Ithaca Protocol utilizes a modular and composable architecture built on Arbitrum, with plans to expand to Base and Solana networks. Its core components include: 1. Non-custodial option protocol 2. Auction-based algorithmic market clearing framework 3. MEV-resistant design 4. Modular infrastructure for rapid market creation 5. AI-powered engagement tools (Telegram and X agents) This architecture allows Ithaca Protocol to offer efficient and flexible options trading, structured products, and risk management tools across various assets. The protocol's design prioritizes liquidity, composability, and resistance to front-running, making it suitable for both professional and retail users. As of 2025-08-22, Ithaca Protocol ranks among the top DeFi protocols on DeFiLlama, showcasing its robust technical foundation and market adoption.

Ithaca Protocol has an ambitious roadmap for the future. In the short term, the team is focused on expanding their options and structured products offerings, as well as integrating with more DeFi protocols. By 2026, they aim to launch on additional chains like Solana to increase cross-chain interoperability. Looking further ahead, Ithaca Protocol plans to introduce more advanced AI-powered trading features and risk management tools by 2027. Their long-term vision is to become the go-to decentralized options protocol across multiple blockchains. The team is also working on improving the protocol's scalability and user experience. With continued development and adoption, Ithaca Protocol has potential for significant growth. Price predictions suggest ITHACA could reach $0.00968 by 2026 and potentially $0.01796 by 2030, though such forecasts are speculative.