Ocean Protocol (OCEAN) Interest Rates

Compare Ocean Protocol interest rates for lending, staking, and borrowing

£0.61

↑ 0.00%

Updated: 15 December 2025

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Ocean Protocol Purchasing Guide

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Frequently Asked Questions About Ocean Protocol (OCEAN) in the UK

What is Ocean Protocol and what is its main goal?

Ocean Protocol is a decentralized data exchange protocol built on blockchain that aims to unlock data for AI and data-driven applications while protecting data ownership. It allows data providers to tokenize and monetize their datasets or data services, and gives buyers a marketplace to discover and purchase access to those datasets. The core idea is to enable data sharing in a trusted, auditable, and privacy-preserving way, using Ocean's token (OCEAN) as a governance, staking, and transaction medium within the ecosystem.

How does Ocean Protocol use OCEAN tokens in practice?

OCEAN serves multiple roles within the ecosystem: as a governance stake for proposing and voting on protocol upgrades and data marketplace rules; as a means of paying for data access or services on the platform; and as a staking mechanism for incentivizing data providers and curators who help improve data quality, data availability, and marketplace reliability. In practice, data buyers can pay with OCEAN or other supported tokens, while providers may earn OCEAN rewards for contributing high-quality datasets. The flexibility of the token model helps align incentives across participants.

Who are the typical users of Ocean Protocol, and what problems does it solve for them?

Typical users include data providers such as researchers, enterprises, and data vendors who want to monetize datasets, as well as data consumers like AI developers, researchers, and analytics teams seeking high-quality data. Ocean Protocol solves problems like data access friction, lack of data provenance, and the risk of data misusage by offering a transparent marketplace with verifiable data provenance, access controls, and usage terms. It also enables data providers to retain ownership and control over their data while monetizing it, and helps buyers discover relevant datasets with reliable quality signals.

Is Ocean Protocol secure and how is data privacy addressed on the platform?

Ocean Protocol emphasizes privacy through design by enabling data providers to set access rights and usage terms, and by supporting mechanisms like data tokens and privacy-preserving computation where applicable. Data itself can be stored off-chain in decentralized storage while metadata and access permissions are on-chain, providing auditability and provenance. The platform also employs cryptographic techniques and smart contracts to enforce agreements, ensure fair payments, and track data usage. While no system is risk-free, Ocean strives to minimize leakage and abuse through transparent governance and enforcement mechanisms.

What is the current market status of Ocean (OCEAN) in terms of supply and price indicators to watch?

As of the latest data, Ocean Protocol has a circulating supply of about 200 million OCEAN out of a max supply of 1.41 billion. The price can be monitored in real-time on major exchanges and aggregators; for example, recent figures show a price around $0.144 per OCEAN with modest 24-hour changes. When evaluating the token, consider market cap (roughly in the mid-teens of millions depending on price), liquidity, and the rate of new token emissions or staking rewards. Also watch for governance proposals or ecosystem grants that could influence demand for OCEAN beyond simple market trading.

Frequently Asked Questions About Ocean Protocol (OCEAN) in the UK