What Instadapp governs

Instadapp (INST) is a DeFi protocol governance token, currently ranked 190th by market capitalization among the assets we track. Instadapp sits at the center of a decentralized-finance application. The token coordinates governance, sometimes routes protocol revenue to holders, and ties its value to how much the underlying protocol is actually used.

Fluid (FLUID) is a decentralized finance protocol designed to enable seamless liquidity provisioning and management through innovative financial instruments. It aims to enhance accessibility and efficiency in decentralized applications and the broader blockchain ecosystem.

How value is supposed to accrue

Usage drives everything here: more deposits and more volume mean more fees, and the token's value depends on whether those fees flow back to INST rather than evaporating to liquidity providers alone.

Background & fundamentals

In sector terms it is most often filed under Ethereum (ETH) Token (ERC-20), Polygon (MATIC) Token, and DeFi.

Where Instadapp sits in the market

Trading around $1.02, Instadapp carries a market capitalization of $84.61M. Around $285.41K changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.34% of the float — on the quieter side, which can mean thinner liquidity for large orders.

What the price history shows

Across timeframes, INST shows 24-hour +25.72%, 7-day +9.29%.

Volatility profile

Recent action puts Instadapp in the Extreme-volatility band — it is in a high-volatility regime — these are the conditions where outsized gains and losses both become more likely.

How to evaluate a DeFi token like Instadapp

For an asset of this type, three lenses matter most:

  • Protocol revenue — fees the application actually earns, and whether any of it reaches INST holders.
  • Total value locked — how much capital trusts the protocol — and how sticky it is versus mercenary yield.
  • Token utility — whether INST is load-bearing (governance over real value, fee rights) or decorative.

This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.