Swop swop
+ 2.48 % $ 0.428634
$0.406313 24H Range $0.458277
Market Data
Price $ 0.428634
Volume $ 18,806.17
Volume / Market Cap 0.0161
Supply
Circulating Supply 2,718,220.08
Total Supply 1,087,293.00
Valuation
Market Cap $ 1,169,360.00
Swop (swop) Price Chart
Swop (swop) Price Info
Timeframe Price Change(%)
1h -0.14%
24h 2.48%
7d -0.72%
14d 1.07%
30d -14.99%
1y -94.77%
Swop.fi is an automated market maker (AMM) that offers different pricing formulas that are most suitable for each specific token pair. The original Flat formula is designed to reduce slippage in a pair of stable coins pegged to the same fiat currency. The classic Constant Product Market Maker formula is used for other pairs. Swop.fi stakes a portion of pools’ liquidity, and daily payouts are included in pools, adding another 5–50% APY to liquidity providers' income on top of trading fees. Swop.fi also rewards liquidity providers in SWOP, the protocol's governance token. Swop.fi is based on the Waves blockchain, ensuring that transactions can be added to the blockchain in just a few seconds and the network fee for a smart contract invocation is only 0.005 WAVES (a few cents).
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