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Price
$1.60
9/25/2022, 9:56:51 PM
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Market

Market stats

Market cap

$15.0M

Volume (24h)

$564,069.96

Circulating supply

9.4M BOO

All time high

$39.99

Price change (1h)

-0.7%

Price change (24h)

-1.16%

Price change (7d)

-3.74%

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SpookySwap is on the decline this week.

The price of SpookySwap has fallen by 3.74% in the past 7 days. The price declined by 1.16% in the last 24 hours. In just the past hour, the price shrunk by 0.70%. The current price is $1.595448 per BOO. SpookySwap is 96.01% below the all time high of $39.99.

The current circulating supply is 9,390,930.322 BOO.

About

What Is SpookySwap (BOO)?

SpookySwap is a decentralized crypto exchange (DEX) built on the Fantom Opera network. The platform aims to focus on building the foundation to provide user-centric services by enabling users to diversify their funds across multiple ecosystems on Fantom Opera. Moreover, SpookySwap aims to allow the community to participate in network development, providing users with a user-friendly user interface (UI).

According to the whitepaper, the platform seeks to leverage the speed that Fantom Opera offers to deliver high-speed transactions while also ensuring high-end security and scalability. Likewise, the platform also aims to allow users to complete transactions at a low rate. SpookySwap offers four services – swap, liquidity, liquidity farm, and single stake pools. Swap allows users to trade and exchange digital assets on the platform, acting as an automated market maker (AMM). An AMM is an underlying protocol that automatically decides the prices of digital assets using mathematical formulas. 

Users can partake in the liquidity pools to provide liquidity to the platform and earn liquidity pool (LP) tokens in return. Subsequently, users can stake these LP tokens to earn BOO tokens. BOO is the native cryptocurrency of SpookySwap, which also functions as the governance token of the platform. The platform also seeks to collect the transaction fees in BOO. Out of the total supply, about 72.7% is reserved for liquidity farm rewards, which will be disbursed to stakeholders. Also, 5% is reserved as developer funds. A liquidity farm or a yield farm is a tool to generate rewards for digital asset holders for locking their cryptocurrencies to provide liquidity to a particular platform. 

History of SpookySwap (BOO)

SpookySwap was launched on April 17, 2021. The platform was founded by five anonymous developers – Eerie, ooGwei, No. 4 Type C, Patchwork, and Shrimpy. The BOO cryptocurrency has a maximum total supply of 13,666,000 tokens, 20% of which were created initially. About 273,320 tokens were reserved for initial DEX offering, while 546,640 tokens were reserved for initial farm offering. 

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FAQ

What is the current price of SpookySwap?

The price of 1 SpookySwap currently costs $1.60.

What is the market cap of SpookySwap?

The current market cap of SpookySwap is $14.99M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of SpookySwap?

The all-time high of SpookySwap is $39.99. This all-time high is highest price paid for SpookySwap since it was launched.

What is the 24 hour trading volume of SpookySwap?

Over the last 24 hours, the trading volume of SpookySwap is $564.07K.

What other assets are similar to SpookySwap?

Assets that have a similar market cap to SpookySwap include Tokemak, WaykiChain, SONM (BEP-20), and many others. To see a full list, see our comparable market cap assets.

How many SpookySwap are there?

The current circulating supply of SpookySwap is 9.4 million.

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