Price
$0.0012
11/30/2022, 8:27:42 AM
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Polkaswap can be traded using Coinbase Wallet, your key to the world of crypto.

Market

Market stats

Market cap

-

Volume (24h)

$19,939.34

Circulating supply

-

All time high

$14.43

Price change (1h)

-0.83%

Price change (24h)

+3.86%

Price change (7d)

+4.43%

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Polkaswap is on the rise this week.

The price of Polkaswap has risen by 4.43% in the past 7 days. The price increased by 3.86% in the last 24 hours. In just the past hour, the price shrunk by 0.83%. The current price is $0.0012 per PSWAP. Polkaswap is 99.99% below the all time high of $14.43.

The current circulating supply is 0 PSWAP.

About

What IsPolkaswap (PSWAP)?

Polkaswap is a noncustodial, cross-chain automated market makers (AMM) decentralized exchange (DEX) protocol built on the SORA Network. The platform focuses on interoperability (transferring data and value across different networks) to connect the rest of the crypto ecosystem to Polkadot. Polkaswap aims to simplify creating and listing new assets, cross-chain exchange of assets, and easy swapping.

The platform seeks to offer the following features to its users:

  • Fast trading: Polkaswap is a protocol for swapping tokens based on Polkadot and Kusama parachains, Polkadot and Kusama relay chains, and blockchains directly connected via bridges. The platform tends to remove trusted intermediaries and seeks to offer quick trading. Polkaswap is a community project, and developers collaborate on the open-source code using the Berkeley Source Distribution (https://en.wikipedia.org/wiki/BSD_licenses#4-clause_license_(original_).

  • Liquidity: Polkaswap combines multiple liquidity sources under a common liquidity aggregation algorithm, seeking to operate completely on-chain in a trustless and decentralized way. Liquidity sources can be order books, other DEXs, or other application programming interface (API)-driven sources. Being an open-source project, Polkaswap aims to allow everyone to add more liquidity sources by contributing to the platform’s codebase.

  • Swapping any token: The platform seeks to overcome the limits of current DEXs by allowing adding tokens from the Polkadot ecosystem and other blockchains. Users can create, list, and trade native tokens on the SORA network. Polkaswap (PSWAP) token is the native cryptocurrency that powers the platform. PSWAP is a utility and governance token used to reward liquidity providers on the platform. The token is burned with transactions and decreases in supply over time. Cryptocurrency burning is when a fraction of tokens are sent to a wallet with no private key, making the tokens lost forever. Tokens are usually burned to increase market value and reduce availability.

History of Polkaswap (PSWAP)

Polkaswap (PSWAP) token was created by community governance by voting on the release.

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FAQ

What is the current price of Polkaswap?

The price of 1 Polkaswap currently costs $0.0012.

What is the market cap of Polkaswap?

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

What is the all time high of Polkaswap?

The all-time high of Polkaswap is $14.43. This all-time high is highest price paid for Polkaswap since it was launched.

What is the 24 hour trading volume of Polkaswap?

Over the last 24 hours, the trading volume of Polkaswap is $19.94K.

What other assets are similar to Polkaswap?

Assets that have a similar market cap to Polkaswap include ASIX+, Studyum, xx network, and many others. To see a full list, see our comparable market cap assets.

How many Polkaswap are there?

The current circulating supply of Polkaswap is 0.