Price
$0.0349
12/2/2022, 10:30:07 PM
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Market

Market stats

Market cap

$25.2M

Volume (24h)

$288,263.11

Circulating supply

723.7M EPS

All time high

$21.29

Price change (1h)

+0.22%

Price change (24h)

-1.8%

Price change (7d)

-8.64%

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Ellipsis is on the decline this week.

The price of Ellipsis has fallen by 8.64% in the past 7 days. The price declined by 1.80% in the last 24 hours. In just the past hour, the price grew by 0.22%. The current price is $0.0349 per EPS. Ellipsis is 99.84% below the all time high of $21.29.

The current circulating supply is 723,701,571.8 EPS.

About

What Is Ellipsis (EPS)? 

Ellipsis is an automated market maker (AMM), allowing users and other decentralized protocols to trade between different stablecoins. AMM is a tool utilized to supply liquidity (token pool) in decentralized finance (DeFi) without the intervention of a third party to set the price of an asset. Forked out of Curve Finance, Ellipsis aims to offer its services at a low slippage price compared to other AMM solutions. 

As stated in the whitepaper, the Curve Finance team is going to support Ellipsis, and Ellipsis is committed to following Curve Finance’s main values. 

The platform uses liquidity pools to provide liquidity to the users and rewards those who supply liquidity to Ellipsis, called liquidity providers. A small fee of 0.04 percent is charged on every trade on the platform. Half of this fee is split evenly between all liquidity providers as rewards. 

EPS is the native token of the platform. The token holders can stake their tokens by providing liquidity to earn staking rewards in LP tokens. These reward tokens can be withdrawn at any time or staked further to earn additional rewards. Also, Ellipsis is a non-custodial platform, and the developers do not have access to any of the users' tokens.  

Moreover, the Ellipsis smart contracts on the Binance Smart Chain employ a safe multi-sig mechanism. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain. Alternatively, a multi-sig mechanism includes multiple company members to sign off any action or transaction on the platform. This way, no single entity can perform a malicious action within the protocol. Multi-sig membership on Ellipsis includes two Ellipsis founders, two members of Curve Finance, and one member of Yearn team.       

History of Ellipsis (EPS)   

Ellipsis Finance was launched in March 2021. The codebase of Ellipsis was audited on April 02, 2021. The maximum supply of EPS tokens is one billion tokens.

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FAQ

What is the current price of Ellipsis?

The price of 1 Ellipsis currently costs $0.0349.

What is the market cap of Ellipsis?

The current market cap of Ellipsis is $25.24M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Ellipsis?

The all-time high of Ellipsis is $21.29. This all-time high is highest price paid for Ellipsis since it was launched.

What is the 24 hour trading volume of Ellipsis?

Over the last 24 hours, the trading volume of Ellipsis is $288.26K.

What other assets are similar to Ellipsis?

Assets that have a similar market cap to Ellipsis include Carry, Qredo, e-Radix, and many others. To see a full list, see our comparable market cap assets.

How many Ellipsis are there?

The current circulating supply of Ellipsis is 724 million.