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Market stats

Market cap


Volume (24h)


Circulating supply

1.7B SPA

Typical hold time

14 days



All time high


Price change (1h)


Price change (24h)


Price change (7d)


About Sperax

SPA is the governance token of the Sperax ecosystem. Sperax is a DeFi protocol built on Arbitrum that mints Sperax USD - a stablecoin featuring ‘auto-yield’ generation. SPA tokens must be staked in order to participate in the Sperax DAO. Sperax ecosystem is governed by community of SPA stakers or veSPA holders, who make up Sperax DAO.

What Is Sperax Token (SPA)?

The SPA token is the governance token of the Sperax protocol. SPA token holders can stake SPA to gain governance power in the Sperax DAO. SPA claims to be a revenue-sharing partner of Sperax USD (USDs). A portion of the yield generated from USDs collateral is passed back to stakers of SPA, another portion is burned. This aligns incentives between the governors of the protocol, the SPA stakers, and USDs holders. Sperax USD launched USDs in December 2021 and is a yield-automation protocol on Arbitrum. Users can mint USDs, which is designed to be a 100% collateralized stablecoin with other crypto assets like DAI, VST, USDC and Frax. USDs is fully on-chain and generates organic yield for its holders by depositing collateral into various delta-neutral DeFi strategies. The yield is passed back to holders via a gasless rebase, which means that users can access the power of compound interest with no action necessary from the end user.

Sperax USD launched the Demeter protocol in November 2022, a no-code farm launcher on Uniswap V3 and Camelot. Anyone can build their own fully incentivized farm without any coding or technical expertise. Sperax claims that the Demeter protocol is fully audited and permissionless, and serves as a key piece of decentralized infrastructure. Sperax USD launched Gauge, in February 2023, a reward mechanism that emits SPA rewards to USDs trading pairs on Demeter. SPA gauge emits a predetermined amount of SPA each month. veSPA (staked SPA) holders vote to decide how the SPA rewards are distributed across the USDs pools. Any project can convince veSPA voters to drive more emissions toward their farms.

Sperax Protocol has crossed $500K in protocol revenue and recently the Sperax protocol has been awarded a grant of 1.8 ARB tokens by Arbitrum.


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Some highlights about Sperax on social media

24 unique individuals are talking about Sperax and it is ranked #481 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Sperax has an average sentiment score of 0.9 out of 5. Finally, Sperax is becoming more newsworthy, with 0 news articles published about Sperax. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly bullish about Sperax. There were 52.24% of tweets with bullish sentiment compared to 1.49% of tweets with a bearish sentiment about Sperax. 46.27% of tweets were neutral about Sperax. These sentiments are based on 67 tweets.

On Reddit, Sperax was mentioned in 0 Reddit posts and there were 0 comments about Sperax. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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24 people


37 posts



Volume rank


Average Sentiment

0.9 out of 5


Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Sperax is on the rise this week.

The price of Sperax has risen by 9.16% in the past 7 days. The price increased by 3.70% in the last 24 hours. In just the past hour, the price shrunk by 1.29%. The current price is $0.0053 per SPA. Sperax is 97.80% below the all time high of $0.24.

The current circulating supply is 1,691,656,056.63 SPA.


What is the current price of Sperax?

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

What is the market cap of Sperax?

The current market cap of Sperax is $8.92M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Sperax?

The all-time high of Sperax is $0.24. This all-time high is highest price paid for Sperax since it was launched.

What is the 24 hour trading volume of Sperax?

Over the last 24 hours, the trading volume of Sperax is $1.12M.

What other assets are similar to Sperax?

Assets that have a similar market cap to Sperax include Diamond, Bepro, UNKJD, and many others. To see a full list, see our comparable market cap assets.

How many Sperax are there?

The current circulating supply of Sperax is 1.7 billion.

What is the typical holding time of Sperax?

The median time that Coinbase customers hold Sperax before selling it or sending it to another account or address is 14 days.

What is the relative popularity of Sperax?

Sperax ranks 220 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Sperax?

Currently, 100% of Coinbase users are buying Sperax. In other words, 100% of Coinbase customers have increased their net position in Sperax over the past 24 hours through trading.

Can I buy Sperax on Coinbase?

Yes, Sperax is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Sperax guide.

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