Overlay
Arbitrum One$OVL
Overlay uses a dynamic mint/burn model built around the $OVL token to enable counterparty-free trades, solving the liquidity problem that haunts exotic markets.
Sale Type
Fixed Price
Launch Partner
Honeypot Finance
LP Lock
None
Raise Type
Public
Completed
Current Price
0.281
FDV
25M
Funds Raised
704.2K
Unique Wallets
268
100.0%
SOLD
Tokens sold
2.458M / 2.455M OVL
Hard cap100.0%
704.2K690.4K USDC
Sale Activity
No swaps occurred during this sale period.
About Project
The $OVL sale highlights ⭐️
  • Overlay raised from some of the best in the space, including Polychain, ParaFi and 1kx
  • Meaningful testnet adoption: 100k+ unique wallets and 280m+ $OVL traded
  • This is a PRESALE, tokens purchased are vouchers for live token launched on Berachain imminently
  • Current sale is at 17% discount to previous VC round
  • Three security audits, four successful community tests
  • Mathematically rigorous design
  • Token is expected to be extremely deflationary: last test burned 25% of entire supply in 8 months
  • Founder alum of MIT and Oxford
  • VCs and team locked 1 year post TGE 🔏
About Overlay 🪐
Overlay uses a dynamic mint/burn model built around the $OVL token to enable counterparty-free trades, solving the liquidity problem that haunts exotic markets.
Overlay backers include Polychain Capital, 1kx, ParaFi, and others. Community metrics are meaningful and growing: Twitter 120k, Discord 103k. Over 100k unique wallets participating in four testnet campaigns on four chains over two years of rigorous development.
Partnerships include Truflation, Chainsight, Vooi, Pyth, Chainlink. Received grant from Arbitrum, RFA recipient from Berachain, and active on both Berachain and Movement testnets.
The Overlay team is also working to integrate with a digital goods marketplace with 19M users (30% of which use Metamask) to enable trading on the Overlay Counter-Strike skins index.
Markets in development 🛠️
YouTuber popularity markets, popularity markets on Twitter accounts, LLM prompt-based markets ingesting Twitter data and “story markets” using LLMs to determine price returns based on trader prompts.
Current rate-limiting step on market development is developer bandwidth. It is conceivable that Overlay could have 1000s of markets within two years 💣.
Security and Risk 🔐
Financial products require a high level of security. The team follows test-driven development practices. You can find the three security audits by industry leaders here 📝. Fourteen independent risk parameters assure that each market is properly contained within its inflation cap.
All four of our independent trading competitions have been deflationary. The las one burned over 25% of the currency supply through 209m volume and 53k traders participating over 9 months. Our risk framework works! Details can be found in the whitepaper.
Roadmap and listing plans 🚀
The project has contacts at a Tier-1 CEX with specific pathway towards listing already discussed with members of the listing team there. If Phase 1 is completed successfully, sometime during phase 2 should result in listing on top CEXs.
Tokenomics 🪙
Totaling to 1 (i.e. 100%)
Group PlanckCatDAO% of supply allocated 0.3259% of supply unlocked TGE 0.01
Protocol Owned Liquidity0.07410.0741
Investors0.27770.0
Team0.120.0
Berachain community0.07410.0741
Fjord community0.02760.0276
OG Airdrop0.00690.001725
TUNA Airdrop0.0150.00375
Foundation Reserve0.04520.0
Advisors0.01190.0
KOLs0.02170.00434
Community owns 98% of liquidity at TGE. Team and investors are locked for 1 year. First 3-6 months are critical for stability and have very little sell pressure. Close up looks like this:
Links
Website
Github
Twitter
Discord
Whitepaper
Sale Details
Fixed Price
Start Price Per Token
0.281 USDC
Min Raise(Soft Cap)
0 USDC
Max Raise(Hard Cap)
690.4K USDC
If the project doesn’t exceed its Min Raise Cap, all investors will automatically receive a full refund.
Sale Network:
Arbitrum One
Raise Type
public
Token Type
ERC-20
Learn more about sale types and financial data in our Fjord Docs
Public Sale Duration
The Public Sale may start earlier if the previous stages finish ahead of schedule. However, it will always end at the set final date and time.
Expected Start Date:
Jan 13, 2025, 2:00 PM UTC
Duration
3 days
End Date
Jan 16, 2025, 2:00 PM UTC
Launch Partner Review
Launch partners enhance Fjord project launches by reviewing projects to meet personal standards, setting parameters to protect all parties' interests (e.g., liquidity locks, token vesting, funding caps), and providing marketing support (if applicable). Always DYOR and verify info.
Launch Partner
Honeypot Finance
Here at Honeypot Finance, we are thrilled to curate Overlay Protocol and witness the upcoming launch of its token on Fjord. Overlay Protocol is redefining the concept of decentralized trading by allowing users to build positions on markets or data streams without relying on traditional counterparties such as liquidity providers or market makers. This isn’t just another DeFi project — it’s an entirely new way to engage with numerical data feeds. Overlay’s versatility is unmatched, with markets built on non-predictable data feeds. Whether it’s crypto-centric markets like hash rates, gas fees, BTC difficulty, or NFT floor prices, or unconventional markets like e-sports, sneaker prices, social-political predictions, and even nature or science-related data — Overlay Protocol is creating opportunities that were previously unimaginable in the decentralized space. Disclaimer: This is not financial advice. Please do your own research (DYOR) before making any investment decisions.
Honeypot Finance
Did project provide KYC to Launch Partner?
Yes
Post Sale Details
Token Vesting
No Token Vesting
LP Lock
Locks the sale’s liquidity after the sale to guarantee ongoing trading and prevent sudden withdrawals.
No LP Lock
Token Redemption
Redemption Opens
Thu 16, 2025, 2:00 PM UTC
Previous Investment Rounds
Review key information from prior fundraising rounds, including funds raised, valuations, TGE percentages, and vesting periods, to gain a clear financial snapshot of the project's journey. Please verify all information independently and do your own research (DYOR).
No Previous Investment Round Details
FAQ
Connect your wallet, review the sale details, then choose the token and amount you want to contribute. If approval is required, approve the spending limit first, then confirm the purchase in your wallet.
Sale tokens are normally claimed after the sale closes. If the project configured a claim delay or token vesting, the sale page will show the timing and claim options.