Silo Finance

Silo Finance PriceSILO

$0.000290
-$-0.000005690958812680.055690-1.93%

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Silo Finance Price Today

Current SILO/USD real-time price is $0.00029, with a 24-hour change rate of -1.93% and a 7-day change rate of +0.19%. SILO currently ranks #5820 globally by market cap, with a total market cap of $182.064408K, a fully diluted valuation (FDV) of $296.18229K, and a 24-hour trading volume of $0. In terms of supply, SILO has a maximum supply of 1B, a current circulating supply of --, with 0.00% already in circulation and 100.00% remaining to be unlocked.

About Silo Finance

What is Silo Finance (SILO)?

Silo Finance is a decentralized, non-custodial lending protocol positioned as "The Money Market for Everything Onchain." It allows users to borrow any crypto asset using another as collateral, with a core design philosophy of risk isolation. Each lending market, called a silo, supports only two assets: a bridge token and a unique token. This structure confines the impact of any single token being exploited or manipulated to its respective market rather than the entire protocol. The native token, SILO, has a maximum supply of 1,000,000,000 tokens. The project launched in 2021, with a registry launch date of November 28, 2021 and a listing date of December 14, 2021. It has since evolved through multiple versions, with Silo v3 introducing enhanced liquidation mechanisms and lender protections.

Key Specifications & Tokenomics

  • Name: Silo Finance
  • Ticker/Symbol: SILO
  • Blockchain/Platform: Ethereum, Sonic, Arbitrum, and other EVM-based blockchains
  • Category: DeFi, Lending Protocol
  • Maximum Supply: 1,000,000,000 SILO
  • Total Supply: 920.15M SILO
  • Circulating Supply: 614.7M SILO (self-reported, about 61.47% of total supply)
  • Contract Address (Ethereum): 0xf0b2dd79324a66d2108c961d680f7616e1486bb0
  • Official Website: https://www.silo.finance/
  • Whitepaper/Docs: https://docs.silo.finance/
  • Governance Forum: https://gov.silo.finance
  • Security: audited by leading firms, formal verification, live event monitoring, Safe Harbor membership, and a $350K Immunefi bug bounty program

Silo Finance has migrated its contract addresses. Holders of the old SILO token should migrate to the new version to benefit from rewards, governance and cross-chain compatibility. Self-reported circulating supply is 614.7M SILO, about 61.47% of total supply.

Who created Silo Finance?

Silo Finance was founded by Aiham Jaabari and launched in 2021. The project emphasizes a decentralized operating model with no oversight or control over any specific crypto asset, blockchain network, or the protocol itself. Aiham Jaabari is identified as the founder of Silo Finance.

How does Silo Finance work?

Silo Finance operates through permissionless, risk-isolating lending markets. Each silo supports two assets only: the bridge token and a unique token, concentrating liquidity in single pools for efficiency. This design allows any token asset to have a borrow/lend market without relying on DEX liquidity to function. Silo v3 rebuilt the core assumption behind lending: collateral does not need to be sold to be liquidated. When DEX liquidations cannot be performed, collateral is delivered directly to lenders at full value. The protocol features dual liquidation mechanisms, built-in lender protection, and institutional-grade risk maps for every market. Developers can integrate using the ERC-4626 interface and add custom logic through Hooks.

What makes Silo Finance unique and valuable?

Silo Finance distinguishes itself through several key innovations. Risk isolation ensures that each lending market operates independently, preventing contagion across the protocol. The dual liquidation mechanism protects lenders by delivering collateral directly when market conditions prevent DEX liquidations. Lenders benefit from triple-source yield: liquidation fees, collateral upside, and borrower interest. The protocol supports any asset, liquid or not, including real-world assets, tokenized stocks, tokenized commodities, LP tokens, and perpetual derivatives. Silo's modular design with ERC-4626 compatibility and Hooks transforms it into a flexible, programmable credit layer. Security is prioritized through audits, formal verification, complete testing suites, live event monitoring, Safe Harbor membership, and a $350K Immunefi bug bounty program. Risk isolation reduces but does not eliminate risk: illiquid collateral, oracle failures or bad debt can still affect individual markets, and SILO's price remains volatile.

What is SILO used for?

SILO is the native token of Silo Protocol, designed to align stakeholders with the long-term growth, adoption, and evolution of the ecosystem. SILO trades on multiple centralized and decentralized venues; check official channels for supported markets. A governance proposal titled "Tokenomics Proposal - veSILO" was posted on Silo Governance in April 2022, aiming to strengthen Silo's business model as a permissionless, base-layer money protocol. The tokenomics structure is intended to allow Silo to eventually capture value while supporting the protocol's inclusive and adaptable nature across various blockchain networks.

How Is the Silo Finance ecosystem developing?

The Silo Finance ecosystem continues to expand across multiple EVM-based blockchains including Ethereum, Sonic, and Arbitrum. The protocol is deployed across Ethereum, Arbitrum and Sonic. It supports a diverse range of asset types from real-world assets to tokenized commodities and perpetual derivatives. Silo v3, the current version, adds Hooks that let developers add custom logic to any lending market, alongside enhanced lender protections. The project maintains active community channels on X/Twitter, LinkedIn, Medium, and a dedicated governance forum. SILO trades on a range of venues, and the protocol's markets continue to expand across EVM-based chains. Silo is building the financial layer for the tokenized economy.

How to mine SILO?

SILO is not mined. It is the native token of a DeFi lending protocol on Ethereum and other EVM chains, so it is obtained by trading on supported venues or through protocol participation such as supplying assets to Silo markets to earn borrower interest and possible token incentives. Governance decisions are discussed on the governance forum.

How to keep your SILO Coin safe?

Securing SILO tokens requires adherence to standard cryptocurrency safety practices. Use hardware wallets for long-term storage whenever possible. Verify contract addresses through official Silo Finance channels before interacting with any smart contracts, as the protocol has migrated its contract addresses. Enable two-factor authentication on exchange accounts and never share private keys or seed phrases. Be cautious of phishing attempts and unofficial links. Silo Finance itself employs rigorous security measures including audits by leading firms, formal verification, complete testing suites, live event monitoring, and membership in the Security Alliance's Safe Harbor. The protocol also maintains a $350K Immunefi bug bounty program to encourage responsible disclosure of vulnerabilities.

How to Buy and Use Silo Finance

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsSilo Finance is instantly credited to your BTCC account, ready for trading at any time.

Related Trading

Choose Silo Finance products that suit your trading style

Thank you for your interest in BTCC. Currently, spot and futures trading services for SILO are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.

Silo Finance FAQs

What is the live price, market cap, and 24h volume of Silo Finance (SILO)?

As of right now, the live price of Silo Finance (SILO) is $0.00029. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated SILO to USD rate at the top of BTCC’s price page. In terms of market scope, Silo Finance records a 24h trading volume of $0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $182.064408K. Its current circulating supply stands at -- out of a maximum supply cap of 1B.

Why does the price of Silo Finance (SILO) fluctuate, and what drives its volatility?

The price volatility of Silo Finance (SILO) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (--) to max supply (1B), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.

What are the all-time high (ATH) and all-time low (ATL) for Silo Finance (SILO)?

Looking at its historical price performance, Silo Finance (SILO) hit an all-time high (ATH) of $0.959887 on 2022-04-10 18:15, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at -- on 2022-11-25 17:35. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.

How to read the Silo Finance (SILO) price chart for futures trading?

When trading SILO futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($0), as price breakouts accompanied by strong volume offer higher reliability.

How to profit from Silo Finance (SILO) price drops? (Short Selling Guide)

Unlike spot trading where you can only profit from rising prices, BTCC’s SILOUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Silo Finance, simply log into your BTCC account with USDT margin available, navigate to the SILOUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.

Can I trade Silo Finance (SILO) perpetual futures with high leverage on BTCC?

Yes. BTCC offers flexible, high-tier leverage options for SILOUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.

How to practice Silo Finance (SILO) futures trading with a free demo account?

Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.00029), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for SILOUSDT with zero financial risk.

Step-by-step guide: How to buy and trade Silo Finance (SILO) on BTCC?

Trading Silo Finance (SILO) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for SILOUSDT, and review its live price ($0.00029) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.