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Router Protocol can be traded using Coinbase Wallet, your key to the world of crypto.

About Router Protocol

The Router Protocol is a cross-chain protocol that focuses on bridging assets across multiple Layer 1 (base layer blockchain architecture, e.g., Ethereum) and Layer 2 (off-chain network lying on top of the layer one blockchain) networks using stablecoins as a medium of exchange. 

In addition to the transfer of assets, the Router Protocol also enables the safe and transparent flow of arbitrary messages across chains, thus extending DeFi's composability across different blockchains. The protocol has the following features:

ROUTE is the native token of the protocol. The ROUTE token allows users to use their token to contribute to governance by voting on router proposals for protocol changes. The Router Protocol imposes cross-chain transaction fees, split between validators and liquidity providers. 

Users who pay the transaction fees with ROUTE tokens get a 50% discount. Also, Router Protocol enables users to pay a combined (gas plus transaction) fee in ROUTE tokens. 

Router Protocol was founded in Singapore in 2020 by Ramani Ramachandran, Shubham Singh, Chandan Choudhury, and Priyeshu Garg.

Market

Australia Market Stats

Market cap

A$68.3M

Volume (24h)

A$1.6M

Circulating supply

15.2M ROUTE

All time high

A$29.17

Price change (1h)

-0.34%

Price change (24h)

+6.22%

Price change (7d)

-4.38%

Australia News about Router Protocol

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BeInCrypto • May 02, 24

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LayerZero and Anvil Protocol are advancing blockchain through crucial snapshots and the launch of governance tokens, enhancing transparency and decentralizing governance to engage users more directly in protocol operations.The post LayerZero and Anvil Protocol Share Details on Crypto Airdrop Dist...

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Messari • May 02, 24

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DL News • May 02, 24

LayerZero airdrop timing just got clearer

In December, LayerZero said it planned to launch and distribute its token “within the first half of 2024.”

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Router Protocol is on the decline this week.

The price of Router Protocol has decreased by 0.34% in the last hour and increased by 6.22% in the past 24 hours. Router Protocol’s price has also fallen by 4.38% in the past week. The current price is A$4.49 per ROUTE with a 24-hour trading volume of A$1.62M. Currently, Router Protocol is valued at 84.62% below its all time high of A$29.17. This all-time high was the highest price paid for Router Protocol since its launch.

The current circulating supply of Router Protocol is 15,228,639.582 ROUTE which means that Router Protocol has as total market cap of 15,228,639.582.

FAQ

What is the current price of Router Protocol?

We update our Router Protocol to AUD currency in real-time. Get the live price of Router Protocol on Coinbase.

What is the market cap of Router Protocol?

The current market cap of Router Protocol is A$68.31M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Router Protocol?

The all-time high of Router Protocol is A$29.17. This all-time high is highest price paid for Router Protocol since it was launched.

What is the 24 hour trading volume of Router Protocol?

Over the last 24 hours, the trading volume of Router Protocol is A$1.62M.

What other assets are similar to Router Protocol?

Assets that have a similar market cap to Router Protocol include Games for a Living, Venus XVS, Coreum, and many others. To see a full list, see our comparable market cap assets.

How many Router Protocol are there?

The current circulating supply of Router Protocol is 15 million.

Can I buy Router Protocol on Coinbase?

Yes, Router Protocol is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Router Protocol guide.