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How to Stake ParaSwap
You can earn rewards for ParaSwap through DeFi yield. DeFi yield lets eligible customers earn yield by lending their crypto to third-party DeFi protocols.
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ParaSwap (PSP) is not tradable on Coinbase.
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ParaSwap is on the rise this week. ↗
The price of ParaSwap has increased by 1.39% in the last hour and decreased by 0.88% in the past 24 hours. ParaSwap’s price has also risen by 27.31% in the past week. The current price is $0.0267 per PSP with a 24-hour trading volume of $107.26K. Currently, ParaSwap is valued at 98.30% below its all time high of $1.57. This all-time high was the highest price paid for ParaSwap since its launch.
The current circulating supply of ParaSwap is 744,976,909 PSP which means that ParaSwap has as total market cap of 744,976,909.
Data is sourced from CoinMarketCap and other third parties. We make no representation on the accuracy of the data provided. Learn more
$19.9M
$107,255.84
745.0M PSP
$1.57
↗ 1.39%
↘ 0.88%
↗ 27.31%
↗ 45.35%
↗ 59.07%
↘ 33.85%
↘ 33.82%
↘ 71.23%
↘ 71.39%
↘ 61.09%
ParaSwap is a DeFi software that seeks to accumulate data from many cryptocurrency exchanges and facilitates the exchange of Ethereum tokens. The network aims to integrate DeFi services and the collected data from DEXes (decentralized exchanges) into one interface that is easy to understand and use. Users can quickly check the rates of various cryptocurrencies and get the top price possible by using the ParaSwap software.
There are many DEXes in the crypto space with distinct features and benefits. Sometimes, the immense number of DEXes hinder the trading experience of crypto users. As these DEXes have distinct features and demand users to understand the interface, crypto users make trades without looking for a more reasonable price. The whitepaper suggests ParaSwap aims to solve this issue through the ParaSwap Edge feature. ParaSwap Edge seeks to mainstream DEXes and DeFi services and eliminate the complexities of crypto exchanges. By doing this, this currency aims to enable crypto users to focus on trading strategy instead of putting effort into understanding the fundamentals of these exchanges.
Furthermore, Ethereum’s DeFi operates without permission; users can get started with ParaSwap by adding the Ethereum wallet. By doing so, they can easily interact with this network and other decentralized financial services. The ParaSwap’s user interface aims to provide various information to users, enabling them to understand the estimated cost and the minimum amount they can get out of trading at a given time.
Some of the highlights of ParaSwap aim to be the following:
ParaSwap Foundation launched the PSP token on November 15, 2021. The maximum total supply of the ParaSwap platform is 2 billion PSP coins.
Date | Price | Change |
---|---|---|
Today (December 7, 2024) | $0.0267 | -0.88% |
24 hours ago (December 6, 2024) | $0.0269 | -0.88% |
1 week ago (November 30, 2024) | $0.0207 | 27.31% |
1 month ago (November 7, 2024) | $0.0165 | 59.07% |
1 year ago | $0.0403 | -33.85% |
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
We update our ParaSwap to USD currency in real-time. Get the live price of ParaSwap on Coinbase.
The current market cap of ParaSwap is $19.88M. A high market cap implies that the asset is highly valued by the market.
The all-time high of ParaSwap is $1.57. This all-time high is highest price paid for ParaSwap since it was launched.
Over the last 24 hours, the trading volume of ParaSwap is $107.26K.
Assets that have a similar market cap to ParaSwap include Dero, Ampleforth, H2O DAO, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of ParaSwap is 745 million.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.