What is Cypher (CYPR)?
Cypher: Redefining Global Rewards Cypher is a blockchain protocol built on Base Chain that lays the foundation for a global alternative to traditional credit card points and airline miles. Instead of closed loyalty systems, Cypher creates an open economic model that fuels a flywheel between brands/merchants, internet influencers, AI agents, and crypto card users. The $CYPR Token Utility: $CYPR is the core incentive token of the Cypher ecosystem. Staking & Locking: Users can lock $CYPR for up to 2 years to receive veCYPR NFTs, which represent voting power in the protocol.
How does Cypher work?
Governance & Voting: Every epoch (2 weeks), veCYPR holders vote for specific merchants. In return, they earn bribes and incentives funded by those merchants. This model is inspired by the Curve and Aerodrome Finance voting-escrow (ve) design, but applied to real-world merchant rewards and referrals. The Flywheel Effect Users & Referrals → Spend and earn $CYPR rewards, strengthening loyalty. veCYPR Holders → Direct voting power toward preferred merchants, amplifying influence. Merchants/Brands → Offer bribes/incentives to attract votes, gaining priority in user flows.
What is Cypher used for?
Demand Dynamics → As merchants recognize the value of veCYPR voting power, they compete by buying and locking $CYPR, creating sustained buy pressure. Over time, this competition increases token scarcity, aligns incentives across all participants, and creates a compounding network effect similar to traditional loyalty programs—but global, open, and blockchain-native.
Where can you buy Cypher?
Cypher (CYPR) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for CYPR sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting CYPR, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of Cypher (CYPR)?
The reported 24-hour trading volume of Cypher is $99.47K. Volume is a live reading of how much CYPR changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.
What is the highest and lowest price for Cypher (CYPR)?
Cypher reached an all-time high of $0.4686 on October 5, 2025, and an all-time low of $0.007292 on May 5, 2026. It is currently trading -98.05% from its peak and +25.21% from its bottom.
The distance from ATH is a useful gauge of recovery potential during a bear market and of stretched positioning during a bull market. Combined with the all-time-low figure it provides a quick statistical frame for thinking about where CYPR sits in its long-run price range.
What is the market cap of Cypher (CYPR)?
Cypher's market capitalization is currently $899.70K, and it is ranked #3151 by market cap on Cryptopricing. Market cap is calculated as the current price multiplied by the circulating supply (98.63 million CYPR are actively circulating today).
Market cap is a common but imperfect measure. It reflects the theoretical value of every circulating token at the current market price, but it doesn't capture how thin the top of the order book might be - an important caveat for tokens with low floats or illiquid cap tables.
What is the fully diluted valuation of Cypher (CYPR)?
The fully diluted valuation (FDV) of Cypher is $8.90M. FDV is a projection of what the market cap would be if every token that will ever exist - including those that have not yet been unlocked, mined or issued - were in circulation at the current price.
FDV is a useful second reading alongside market cap. A large gap between mcap and FDV signals that future token emissions could dilute current holders, while a small gap indicates that supply is already mostly out.
How does the price performance of Cypher compare against its peers?
Over the past 24 hours, Cypher has moved -4.83%. Over the past seven days, the change is -19.52%. Comparing these figures to the global crypto market cap change (shown in the ticker at the top of this page) tells you whether CYPR is leading, lagging or tracking the broader market.
For deeper analysis, the categories strip on the home page groups coins by theme - Layer 1, Meme, DePIN, AI, RWA and so on - and lets you compare Cypher against its closest peers. The category detail pages surface the underlying coins and their seven-day sparklines in a single view.
How to store Cypher?
Like any crypto asset, the right way to store CYPR depends on how often you plan to use it. Long-term holders typically self-custody using a hardware wallet such as Ledger or Trezor, which keeps private keys offline and immune to most remote attacks.
For active traders, a reputable custodial exchange wallet can be appropriate, especially one with clear proof-of-reserves attestations. Whatever approach you choose, the most important rule is to keep your recovery phrase offline, never share it, and never enter it into a web form or attached to a DM - no legitimate support agent will ever ask for it.








