Indigo Protocol INDY

What INDY actually is on-chain

For INDY the project publishes an active account as @Indigo_protocol. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where INDY sits in the market

Indigo Protocol ranks #2103, in the top of the long tail, just below the band most screeners still cover, far outside the set of assets that carry continuous market-maker coverage. At this end of the table the first question is data integrity rather than valuation: a quote can originate from a single pool or a single venue, reported volume is difficult to verify independently, and the distance between the last print and a genuinely executable price can be wide. Treat any indicator computed on this series as provisional.

We are not currently receiving a live INDY order book from any of the exchanges connected to this site, so no real-time quote is shown above. That is itself information: it usually means the pair is unlisted on the venues we track, or trading has been halted. INDY is a Cardano asset, so whatever turnover exists is most likely in Minswap pools rather than on a centralised book, and every fill there costs ADA in gas on top of the pool's own fee.

INDY against its all-time high

Indigo Protocol's record high is $4.50, set on 2023-07-14. That high sits in a range where whole-cent and whole-unit levels are genuinely traded, which makes them usable as alert thresholds if a quote returns. It was set 3 years ago. A peak that old describes a supply structure and a holder base that have almost certainly turned over since. We are not quoting a drawdown from it because no tracked venue is giving us a live INDY price — a stale or single-pool number would make that percentage look precise when it is not.

INDY across its historical range

The recorded range runs 32.8x, from $0.1373 to $4.50 — wide by the standards of traditional assets, moderate for this one's class.

The record low of $0.1373 was printed on 2026-04-30 — within the last six months. We have no live quote to measure the current distance from it.

INDY supply and valuation data

Supply figures for INDY are self-reported at this rank rather than reconciled against the chain, so we publish the valuation we have and not a circulating-supply number we cannot check. What we do have is a fully diluted valuation of $5.8 million as of 2026-05-12. That is in the upper quartile of tracked assets by fully diluted value.

Since the figure is a snapshot rather than a live number, we do not reverse it into a supply count: the price has moved since it was taken, and that division would produce a confident but incorrect token count. For any per-token valuation, check the current supply on the project's own explorer first. The authoritative figure is the one cardanoscan.io reports for this contract.

What kind of asset INDY is

Indigo Protocol trades primarily as an ecosystem asset rather than as a base-layer network of its own, which means it carries a beta to its host chain. When the host chain's native asset rallies, tokens in its ecosystem typically amplify the move in both directions, and liquidity for them is concentrated on that chain's venues.

CoinGecko files INDY under 4 categories, including Derivatives, Synthetic Issuer, Cardano Ecosystem, Synthetic. CoinGecko also records deployments on Cardano (53 tracked tokens), so its on-chain liquidity and its user base move with that network.

How to set a Indigo Protocol alert that is worth receiving

Indigo Protocol (INDY) — high dated 2023-07-14 — rank #2103. On this profile the condition that carries signal is a volume-surge condition on the 1-hour or 4-hour candle paired with a wide price threshold.

Full alert-design method: thresholds, RSI/MACD and volume conditions →