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About WaultSwap

WaultSwap is an automated market maker (AMM) built on the decentralized finance (DeFi) hub Wault Finance. The protocol aims to enhance the liquidity for Wault Finance by providing multiple crypto farming pools. An AMM is a protocol that uses mathematical formulas to derive prices of digital assets without any human or third-party intervention. WaultSwap uses the WEX as the primary farming token to reward members of the liquidity pools.

Wault Finance is a DeFi ecosystem that aims to bring various primary use cases of the DeFi under one roof. Built on Binance Smart Chain (BSC) and Polygon blockchain networks, Wault Finance aims to be a one-stop solution for decentralized finance solutions. According to the whitepaper, the ecosystem seeks to make DeFi accessible to the masses by building an intuitive platform and offering high-end security. Moreover, Wault Finance aims to eliminate issues plaguing existing DeFi platforms like high costs, confusing interfaces, and centralized network governance. 

farm pool or a liquidity pool is a space where users can lock their crypto holding to earn rewards. WaultSwap uses these pools to generate liquidity for Wault Finance, charging as low as 0.20% as transaction fees. WEX is one of the four native cryptocurrencies of Wault Finance, with the other three being WAULTx, WEXpoly, and WUSD. WaultSwap claims that the trading fee it charges is among the lowest on the BSC. Out of the 0.20%, WaultSwap sends 0.14% to the liquidity pools, while the remaining 6% is used to buy back and burn WEX tokens. Token burning means sending a certain number of tokens to an inaccessible wallet to remove them from circulation permanently. 

Wault Finance was launched in early 2021, while WaultSwap was launched on April 27, 2021. The initial development team included five members, though the two marketing members—JB and Marcelo—were dissociated following the Holder Finance presale held on May 9, 2021. All the team members go by pseudonyms, including Creppy, the platform's founder. The WEX cryptocurrency had an initial maximum total supply of 750,000,000 tokens, of which 250,000,000 were airdropped to WAULT token holders.

Market

France Market Stats

Market cap

€98,528.04

Volume (24h)

€12,387.73

Circulating supply

7.5B WEX

All time high

€0.0653

Price change (1h)

0%

Price change (24h)

+0.96%

Price change (7d)

-1.23%

France News about WaultSwap

BeInCrypto • Apr 29, 24

Landvault’s Spinoff Matera Raises $3.6m Round to Bring Defi for Creators

Web3 foundation Matera announced it has raised $3.6m in a strategic token round, reserved to future users of the Matera technology. Investors include Sidedoor Ventures, backers of Sui’s Mysten Labs and Polygon; OG crypto syndicates HighCass Crypto and Medusa Ventures, metaverse project The Sandbo...

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CoinDesk • Apr 29, 24

Bitcoin ETF Slowdown Is a Short-Term Pause Not the Beginning of a Negative Trend: Bernstein

Investment platforms will take some time to establish the necessary compliance framework to sell bitcoin ETF products, the report said.

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The Block • Apr 29, 24

What is Bitcoin dominance?

The interplay between Bitcoin dominance and the performance of altcoins is complex and multifaceted, reflecting sentiment and positioning.

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CoinDesk • Apr 29, 24

South Africa’s Election Won’t Interfere With Crypto Policy: Industry Watchers

South Africa's upcoming election isn't expected to derail the country's agenda for digital assets, several members of the crypto community told CoinDesk.

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CoinDesk • Apr 29, 24

Australian Securities Exchange Could Approve Spot-Bitcoin ETFs Before 2024-End: Bloomberg

The Australian Securities Exchange (ASX), which accounts for 90% of Australia's equity market, is expected to approve the first spot-Bitcoin {BTC} exchange traded funds (ETFs) before the end of 2024, Bloomberg has reported, citing people familiar with the matter.

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Unchained • Apr 29, 24

Optimism Patches Issues With Testnet Fraud Proofs After Alert From Offchain Labs

OP Labs, the entity behind the Ethereum layer 2 network Optimism, has patched two vulnerabilities with the fraud proof system deployed on the testnet. The fix was disclosed by Offchain Labs, the developers of Arbitrum, another popular layer 2 network that is widely considered to be a competitor t...

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WaultSwap is on the decline this week.

The price of WaultSwap has decreased by 0.00% in the last hour and increased by 0.96% in the past 24 hours. WaultSwap’s price has also fallen by 1.23% in the past week. The current price is €0.000013 per WEX with a 24-hour trading volume of €12.39K. Currently, WaultSwap is valued at 99.98% below its all time high of €0.0653. This all-time high was the highest price paid for WaultSwap since its launch.

The current circulating supply of WaultSwap is 7,518,356,517.597 WEX which means that WaultSwap has as total market cap of 7,518,356,517.597.

FAQ

What is the current price of WaultSwap?

We update our WaultSwap to EUR currency in real-time. Get the live price of WaultSwap on Coinbase.

What is the market cap of WaultSwap?

The current market cap of WaultSwap is €98.53K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of WaultSwap?

The all-time high of WaultSwap is €0.0653. This all-time high is highest price paid for WaultSwap since it was launched.

What is the 24 hour trading volume of WaultSwap?

Over the last 24 hours, the trading volume of WaultSwap is €12.39K.

What other assets are similar to WaultSwap?

Assets that have a similar market cap to WaultSwap include Monstock, Upper Dollar, Onchain Trade, and many others. To see a full list, see our comparable market cap assets.

How many WaultSwap are there?

The current circulating supply of WaultSwap is 7.5 billion.

Can I buy WaultSwap on Coinbase?

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

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