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About CherrySwap

What IsCherrySwap (CHE)?

CherrySwap is the automatic market-making protocol focused on OKExChain (OEC). OEC is a public permissionless blockchain that no one completely controls. According to the whitepaper, the platform adopts the mechanism of automatic market maker (AMM). CherrySwap aims to achieve self-driven liquidity creation with diversified functions like liquidity mining, initial farm offering (IFO), NFT (non-fungible tokens), lottery, and DAO (Decentralized Autonomous Organization), to provide participants with the bonus. Liquidity mining is when cryptocurrency holders lend assets to a decentralized exchange (DEX) to gain rewards. Initial farm offering (IFO) helps DeFi (decentralized finance) projects to raise funds via the farming feature provided by decentralized exchanges. In addition, the platform seeks to be a fully autonomous community project.

The CherrySwap (CHE) token is issued by the platform and is the governance token for its Game-Finance (GameFi) CyberCat. CyberCat is a game built on the blockchain commanding users' CyberCat to go on adventures or fight with other players. Users can stake LP (liquidity provider) tokens for the possibility of earning CHE. LP tokens are tokens issued to liquidity providers on a decentralized exchange (DEX) running on an automated market maker (AMM) protocol. In addition, CHE is used in the following scenarios:

  • Arena: The top players on the Arena leaderboards PvP (player vs. player) may earn CHE rewards every season.

  • Breeding: Players may spend CHE tokens to produce new Cybercat offspring and get more CyberCat.

  • Repurchase: 30% of CyberCat revenue may be used to repurchase and destroy CherrySwap tokens.

  • Others: The platform seeks to announce various CyberCat activities and future products.

Also, when the user makes a token swap (trade) on the exchange, a transaction fee is imposed, out of which a certain amount gets allocated to the liquidity pool in the form of providing liquidity rewards. The remaining amount goes to the public fund's collection (treasury).

History of CherrySwap (CHE)

The total supply is 210 million CherrySwap (CHE) tokens. The launch of CherrySwap (Beta version) was done in Stage 2 of the project.

Coinbase Bytes

Coinbase Bytes

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CherrySwap is on the decline this week.

The price of CherrySwap has fallen by 9.39% in the past 7 days. The price declined by 10.14% in the last 24 hours. In just the past hour, the price grew by 0.71%. The current price is $0.0243 per CHE. CherrySwap is 99.51% below the all time high of $4.99.

The current circulating supply is 0 CHE.


What is the current price of CherrySwap?

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

What is the market cap of CherrySwap?

The current market cap of CherrySwap is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of CherrySwap?

The all-time high of CherrySwap is $4.99. This all-time high is highest price paid for CherrySwap since it was launched.

What is the 24 hour trading volume of CherrySwap?

Over the last 24 hours, the trading volume of CherrySwap is $76.01K.

What other assets are similar to CherrySwap?

Assets that have a similar market cap to CherrySwap include QUASA, Mondo Community Coin, SafeMoon V2, and many others. To see a full list, see our comparable market cap assets.

How many CherrySwap are there?

The current circulating supply of CherrySwap is 0.

Can I buy CherrySwap on Coinbase?

No, CherrySwap is not currently available on Coinbase, but you can sign up to get the latest news on CherrySwap and be notified when it gets added to our exchange.

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