Spartan Protocol (SPARTA) is not tradable on Coinbase.
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Spartan Protocol Price (SPARTA)
Market stats
Spartan Protocol is on the decline this week. ↘
The price of Spartan Protocol has decreased by 0.05% in the last hour and decreased by 5.70% in the past 24 hours. Spartan Protocol’s price has also fallen by 13.47% in the past week. The current price is $0.0057 per SPARTA with a 24-hour trading volume of $58.44K. Currently, Spartan Protocol is valued at 99.77% below its all time high of $2.47. This all-time high was the highest price paid for Spartan Protocol since its launch.
The current circulating supply of Spartan Protocol is 92,540,227.552 SPARTA which means that Spartan Protocol has as total market cap of 92,540,227.552.
Overall
Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more
Market cap
$528,653.44
Volume (24h)
$58,444.32
Circulating
92.5M SPARTA
All time high
$2.47
Price change
1 hour
↘ 0.05%
1 day
↘ 5.7%
1 week
↘ 13.47%
2 weeks
↘ 11.81%
1 month
↗ 27.12%
1 year
↘ 17.52%
1 year benchmarks
Performance
↘ 18.67%
Vs. Market
↘ 63.64%
Vs. BTC
↘ 65.41%
Vs. ETH
↘ 51.27%
About Spartan Protocol
Spartan Protocol is a DeFiprotocol built for liquidity and synthetic assets generation for Binance Smart Chain. The protocol wants all assets to be productive and liquid; therefore, it rewards tokens for the formation of liquidity pools. As per the whitepaper, the Spartan Protocol aims to allow the safe progress of synthetic assets lending markets. Binance Smart Chain was chosen as the protocol's home to allow near-instant settlement and low gas fees.
Spartan aims to solve the liquidity and synthetic assets problems. Current automated market maker (AMM) protocols are susceptible to price manipulation and value extraction from different agents, which penalizes liquidity providers. Also, current synthetic asset minting protocols use illiquid markets to liquidate collateral. This liquidating of collateral reduces capital efficiency and makes the protocol vulnerable to price reductions. Spartan attempts to solve the problem via AMM protocol, but with the key difference of a single settlement asset and incentives to bootstrap liquidity. Spartan also seeks to solve the liquid creation of synthetic assets using collateralized pool shares instead of illiquid collateral. In addition, the underlying algorithm uses slip-based fees to drive value capture to liquidity providers. The platform links the assets to the pools so positions can be predictably priced and instantly liquidated.
Some of the features of the Spartan Protocol aim to be the following:
Spartan Protocol (SPARTA) is the native token of the platform. SPARTA is used as the common settlement asset in all pools and aims to provide an internal pricing mechanism without depending on external authorities. SPARTA is initially distributed via a process of proof of burn, where participants elect to destroy previous native assets in return for a share of SPARTA. In addition, SPARTA is required as the base asset and the collateral asset.
The fixed maximum total supply of Spartan Protocol (SPARTA) tokens is 300 million.
Spartan Protocol Price History
Date | Price | Change |
|---|---|---|
Today (December 14, 2024) | $0.0057 | -5.55% |
24 hours ago (December 13, 2024) | $0.0061 | -5.70% |
1 week ago (December 7, 2024) | $0.0066 | -13.47% |
1 month ago (November 14, 2024) | $0.0046 | 27.12% |
1 year ago | $0.0070 | -17.52% |
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Spartan Protocol Calculator
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Conversion Table
FAQ
What is the current price of Spartan Protocol?
We update our Spartan Protocol to USD currency in real-time. Get the live price of Spartan Protocol on Coinbase.
What is the market cap of Spartan Protocol?
The current market cap of Spartan Protocol is $528.65K. A high market cap implies that the asset is highly valued by the market.
What is the all time high of Spartan Protocol?
The all-time high of Spartan Protocol is $2.47. This all-time high is highest price paid for Spartan Protocol since it was launched.
What is the 24 hour trading volume of Spartan Protocol?
Over the last 24 hours, the trading volume of Spartan Protocol is $58.44K.
What other assets are similar to Spartan Protocol?
Assets that have a similar market cap to Spartan Protocol include Dentacoin, Construct, LABS Group, and many others. To see a full list, see our comparable market cap assets.
How many Spartan Protocol are there?
The current circulating supply of Spartan Protocol is 93 million.
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