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Market

Market stats

Market cap

$202,058.50

Volume (24h)

$43,043.13

Circulating supply

54.2M WAG

All time high

$2.25

Price change (1h)

-1.2%

Price change (24h)

-4.05%

Price change (7d)

+32.1%

About WagyuSwap

Wagyuswap (WAG) is a decentralized exchange (DEX) on the Velas Network. The project is an EVM (Ethereum virtual machine) compatible chain powered by AI (artificial intelligence) and leverages Solanacodebase to seek to support cross-chain transfers of all major coins. EVM is a software platform that is applied to create decentralized applications (DApps) on ETH. Further, the platform aims to reward users with high staking along with rewards and returns.

In other words, Wagyuswap is an automated market maker (AMM) on the Velas chain that claims to be a fast blockchain for swapping/trading, staking, liquidity pools, and yield farming. AMM is a tool utilized to supply liquidity (token pool) in decentralized finance (DeFi) without the intervention of a third party to set the price of an asset.

Wagyuswap token swaps mean trading one VEP20 token for another using automated liquidity pools. With Wagyuswap deployed on the Velas network, users can aim to bridge tokens to numerous networks with swift transactions.

Since all the trades on Wagyuswap seek to occur between the exchange and the crypto wallet, no KYC is required due to which privacy is maintained. Besides this, users who add liquidity to the Wagyuswap seek to get LP (liquidity pool) tokens to earn a trading fee share on the platform. Also, liquidity providers earn WAG, a native token of Wagyuswap by locking their LP tokens into a smart contract to seek to address the risk of impermanent loss.

However, users can earn higher APR (average price revenue) to offset the risk by becoming more exposed to market fluctuations. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain.

Users can even seek to earn WAG by staking from the top projects on the Velas chain using a sizzle pool (auto pool/manual pool). Further, users can aim to win prizes by participating in the Wagyuswap lottery, using VRF (verifiable random function) for genuine and secure randomness. Thus, Velas and Wagyuswap seek to disrupt the DeFispace with an advanced tech stack. Moreover, the platform plans to launch more WAG drops and release its mobile app in the future.

News about WagyuSwap

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WagyuSwap is on the rise this week.

The price of WagyuSwap has decreased by 1.20% in the last hour and decreased by 4.05% in the past 24 hours. WagyuSwap’s price has also risen by 32.10% in the past week. The current price is $0.0037 per WAG with a 24-hour trading volume of $43.04K. Currently, WagyuSwap is valued at 99.83% below its all time high of $2.25. This all-time high was the highest price paid for WagyuSwap since its launch.

The current circulating supply of WagyuSwap is 54,165,358.359 WAG which means that WagyuSwap has as total market cap of 54,165,358.359.

FAQ

What is the current price of WagyuSwap?

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

What is the market cap of WagyuSwap?

The current market cap of WagyuSwap is $202.06K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of WagyuSwap?

The all-time high of WagyuSwap is $2.25. This all-time high is highest price paid for WagyuSwap since it was launched.

What is the 24 hour trading volume of WagyuSwap?

Over the last 24 hours, the trading volume of WagyuSwap is $43.04K.

What other assets are similar to WagyuSwap?

Assets that have a similar market cap to WagyuSwap include Plasma Finance, Atlas Protocol, Jarvis Network, and many others. To see a full list, see our comparable market cap assets.

How many WagyuSwap are there?

The current circulating supply of WagyuSwap is 54 million.

Can I buy WagyuSwap on Coinbase?

Yes, WagyuSwap is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy WagyuSwap guide.

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