Amp is an open-source, decentralized digital collateral token designed to provide instant, verifiable assurances for value transfers. Launched in 2020, Amp facilitates quick and irreversible transactions across various asset-related use cases. It operates as collateral for securing payments and other forms of value exchange, ensuring transactions are completed without delays or risk of fraud. Amp's architecture includes collateral partitions and collateral managers, which allow specific accounts, applications, or transactions to be collateralized. These balances are directly verifiable on the Ethereum blockchain, offering transparency and security in the collateralization process.

Amp functions through smart contracts known as collateral managers, which handle the locking, releasing, and redirecting of collateral within designated partitions. This setup supports value transfers by ensuring that collateral is available and verifiable in real-time. Amp introduces predefined partition strategies that enable unique collateral models, allowing tokens to be staked without leaving their original addresses. Built on the Ethereum blockchain, Amp benefits from Ethereum’s proof-of-stake (PoS) consensus mechanism for secure and efficient operations. The platform’s smart contracts have undergone audits by ConsenSys Diligence and Trail of Bits, reinforcing the network’s reliability and security.

Amp is designed to collateralize a broad range of value transfers, offering versatile applications in both traditional and decentralized finance. It can secure digital payment networks, enabling instant, fraud-resistant transactions for merchants and consumers. Individuals can use Amp to collateralize personal asset transfers, ensuring immediate settlement and reducing transaction risks. Additionally, Amp can be integrated into decentralized finance (DeFi) protocols, enhancing their security and efficiency by providing collateral for lending, borrowing, and staking activities. As new financial platforms emerge, Amp’s role as a universal collateral token continues to expand.

Amp was launched in 2020 by Flexa, a blockchain-based payments company headquartered in New York. The project was led by Tyler Spalding, Flexa’s CEO, who holds degrees in Mechanical and Aerospace Engineering from the University of Illinois at Urbana-Champaign and an MBA from MIT. Spalding has been involved in blockchain projects since 2011, bringing extensive experience to the development of Amp. The Amp ecosystem is fully open-source and decentralized, with smart contracts designed to minimize user risk. The project’s smart contracts have been audited by ConsenSys Diligence and Trail of Bits, contributing to the platform’s security and functionality.

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

The current market cap of Amp is MX$745.073M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Amp is MX$2.13. This all-time high is highest price paid for Amp since it was launched.

Over the last 24 hours, the trading volume of Amp is MX$53.705M.

Assets that have a similar market cap to Amp include Frankencoin, VVS Finance, SushiSwap, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Amp is 90 billion.

Amp ranks 38 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 99% of Coinbase users are buying Amp. In other words, 99% of Coinbase customers have increased their net position in Amp over the past 24 hours through trading.