![Swop logo]( "Swop logo")
Live SWOP Price Analysis
The current real time Swop price is $0.0622, and its trading volume is $0 in the last 24 hours. SWOP price has plummeted by
0.18%
in the last day, and decreased by
15.32%
in the last 7 days. It’s important to note that current Swop market capitalization is $228,510, and the maximum supply is 6,000,000 SWOP coins. Talking about circulating supply, SWOP has 3,675,099 coins. Currently, Swop rank on the market is #1731.
Swop price today is
99.92%
below
all time high, and it is
23.32%
above
all time low.
All data and prices are updated in real-time. The most active and popular exchanges for buying or selling SWOP are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.
What is Swop (SWOP)?
SWOP is the native token of Swop.fi, which is an AMM-based exchange that runs on the Waves blockchain. Apart from swapping, the platform offers various passive income generation possibilities. This includes staking, liquidity provision, and farming.
Also, note that Swop.fi provides users with pricing algorithms for different Swop trading pairs. There is the Flat formula and the Constant Product Market Maker formula. The Flat formula is used on trading pairs that are comprised of stablecoins pegged to the same fiat currency. It helps to reduce slippage. The latter is used on all other trading pairs.
To see the current or the previous SWOP price, analyze the Swop price chart above.
Use Cases of SWOP Tokens
Primarily, SWOP is the governance token of the Swop crypto project. This means that SWOP token holders get the right to vote on various decisions regarding the project. In addition to that, SWOP tokens are used to reward liquidity providers. Besides, SWOP tokens can be staked as well to generate more rewards.
Tokenomics of SWOP
After the introduction of the SWOP token, there was a distribution of 1 million SWOP to liquidity providers over the course of the first year. It was followed by another 1 million SWOP distribution in the second year. However, after that, the amount of tokens distributed to liquidity providers started to gradually decrease by 25% each year. The max supply set for SWOP is 6 million. This means that, as the demand becomes higher than the supply, the SWOP price could increase. To check the current SWOP price, take a look above.
What's Swop trading volume in the last 24 hours?
SWOP has a trading volume of $0 in the last 24 hours.
What's Swop highest price ever?
SWOP has a highest price of $73.57, which was reached on May 13, 2021 (2 years 11 months ago).
What's Swop lowest price ever?
SWOP has a lowest price of $0.0504, which was reached on Aug 16, 2023 (8 months 1 week ago).
What are the best exchanges for buying and selling SWOP?
What are the safest hardware wallets for keeping SWOP?
According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Swop. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.
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