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YieldScope
ALGO / altcoin

Algorand

ALGO

PoS Layer-1 with near-instant finality and low fees

Best
20.1 %
B OKX Earn · Medium risk
Real reward: +17.10%
Rank
#71
Cap
$1.0B
Vol 24h
$27M
From ATH
-97%
1y
-47%
Price · 1 year
$0.1090-50.9% · 1Y

ATH $3.56 on Jun 2019·upd. May 27

Rate range

0.8 %
low
10.5 %
avg
20.1 %
high

How much will you earn?

ALGO
PlatformInterestTotal
OKX Earn+2.205912.2059
Bybit Earn+0.080310.0803
On OKX Earn:+0.0060per day·+0.1675per month·+2.2059per year

Method: monthly compounding (1 + APR/12)ⁿ, where APR is the exchange's stated rate. The realised 12-month return is slightly higher due to reinvestment. Rates may change. Not financial advice.

Coin signals

  • 💧 Modest liquidity: $27M / 24h
  • 📉 Price -97% below ATH. Peak: Jun 2019

All platforms for ALGO

Platform Best Type Platf. risk
OKX Earn 20.1 % flexible B Open
Bybit Earn 0.8 % flexible C Open

What is ALGO

Algorand (ALGO) is a Layer-1 blockchain using Pure Proof-of-Stake, built by a team led by Turing Award winner Silvio Micali. The network offers high throughput, low fees and near-instant block finality without forks. Algorand has been used for real-world asset tokenisation, CBDC pilots and payments. ALGO secures the network, pays fees and powers on-chain governance.

Known risks

  • Slow growth of DeFi and dApp ecosystem relative to peers
  • Drawdown of around 97% from the 2019 ATH — ALGO has never recovered
  • Emission dilution: foundation token unlocks weighed on the price for years
  • Competing with Ethereum L2s, Solana, Sui and Aptos for developers
  • Low brand recognition among retail investors