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Status

Sifchain Exchange data is untracked

Sifchain exchange is marked as 'Inactive' because of inactivity or insufficient amount of data.

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Inactive exchange chart

Unfortunately, seems like there is no data available for Sifchain because of exchange inactivity.

Sifchain Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.14%

Joined at Aug 06, 2020

Following

473

0.00%

Tweet count

2,792

0.11%

Sifchain reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official Sifchain Reddit Stats account doesn’t exist or wasn’t submitted. 🔆

Sifchain telegram
Telegram Stats

Members

-

Title

-

Currently, official Sifchain Telegram Stats account doesn’t exist or wasn’t submitted. 🔆

Sifchain traffic
Website Traffic
Visit Website

Website Rating (DR)

52 / 100

1.89%

Ahrefs Rank

618,700

10.71%

Organic Traffic (mo.)

0

Sifchain github
GitHub Organization

Public repos

-

Type

-

Currently, official Sifchain GitHub Organization account doesn’t exist or wasn’t submitted. 🔆

Sifchain github
GitHub Public Repository

Stars

-

Watchers

-

Forks

-

Language

-

Currently, official Sifchain GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers: 36,420

Sifchain Statistics

Sifchain Volume
$0.00
Volume in BTC
0 BTC
Volume Change 24h
-$0.00
0.00%
Cryptocurrencies
19
Markets
18
Market Dominance
--
Market Rank
--

Sifchain Exchange Overview

Sifchain is a Decentralized exchange that ranks # on BitDegree Exchange Tracker. Sifchain has a trading volume of $0 in the last 24 hours.

Sifchain currently has 19 cryptocurrencies, 0 fiat currencies and 18 markets (cryptocurrency trading pairs).

Compare Sifchain side-by-side with other exchanges here: Exchange Comparison Tool.

Sifchain is a decentralized cryptocurrency exchange (DEX) that is based out of San Francisco, California. This platform was established in 2020 and built on the Cosmos blockchain. This allows for faster transaction speeds and lower transaction costs as compared to the Ethereum network. Sifchain’s goal is for blockchains to consider cross-chain integration as essential as a wallet or a block explorer. The Sifchain crypto exchange aims to be the first Omni-Chain DEX, targeting 20–25 blockchains for cross-chain integration.

The Sifchain cryptocurrency exchange does not require users to go through the KYC process. This is because it is a DEX that values privacy when it comes to user identity. Sifchain does not accept traders from the United States, Albania, Bosnia, Montenegro, Macedonia, Kosovo, Serbia, Belarus, Burma, Crimea, Cuba, Democratic Republic of Congo, Central African Republic, Iran, Iraq, Liberia, North Korea, Sudan, Syria, Zimbabwe, Yemen, Venezuela, Nicaragua, Mali, Burundi, Lebanon, Libya, Somalia, and Sudan. The platform does not have a mobile application but can be accessed from any device through the web browser.

Markets

Sifchain is built with the Cosmos SDK and uses similar cross-chain functions as Thorchain. The Sifchain crypto exchange currently supports cross-chain transactions for Ethereum’s ERC-20 tokens. However, it plans on supporting other top tokens in the future. Sifchain will also allow traders to use margin on their trades by borrowing from the liquidity pool.

The Sifchain cryptocurrency exchange uses a unique method of performing cross-chain transactions where it uses a pegged tokens model. This concept is named Peggy and was inspired by the Cosmos peg zone model. A peg zone is a blockchain that bridges zones within Cosmos to external blockchains like Ethereum and Bitcoin. Sifchain uses a 2WP protocol that allows the swapping of pegged tokens. A peg zone validator is responsible for running the node between the zone blockchain and the external blockchain. Besides, as of writing, Sifchain is planning to launch Peggy 2.0 which will allow for connectivity to EVM blockchains as well, like Avalanche and Polygon. Peggy 2.0 is also known as the Omni-EVM bridge.

rowan is the native currency of the Sifchain cryptocurrency exchange. To enable swaps between tokens, each asset is paired with rowan to make an LP pool. Transaction fees for swaps and transfers, as well as rewards for liquidity provision, are paid in rowan. rowan is also the governance token of Sifchain. It allows users to vote on important decisions for the platform. The more rowan you hold, the higher your voting power in the community is.

Sifchain exchange fees vary depending on several factors, including the Sifchain trading volume and Sifchain trading pairs. This platform does not have a minimum deposit requirement and does not charge any fees for deposits. However, they do charge fees on withdrawals that depend on the trading pair that is being withdrawn.

Other Services

In 2021, Sifchain teamed up with IBC to allow for easier transfer of assets between different chains. IBC allowed users to freely move assets between Sifchain and any connected blockchain. With the help of IBC and Peggy, Sifchain users are able to export approved Cosmos assets onto Ethereum and transfer Ethereum assets across any IBC-enabled blockchain.

A validator is able to earn Sifchain crypto fees for validating transactions on the platform. These network fees are pooled and distributed to validators based on voting power. A validator who proposed a particular block receives a bonus between 1% and 5% of the Sifchain exchange fees collected in that block. Fees are added to the reward pool for every block.

About the Company

The Sifchain cryptocurrency exchange was founded in 2020 and it aims to make cross-chain integration an essential part of its protocol. It is built on the Cosmos blockchain to allow for faster transactions with affordable transaction fees. Jazear Brooks is the founder and lead developer of the Sifchain company. He is known for being an angel investor, as he invested in several financial startups over the years.

Sifchain has been able to stay away from any major incidents like hacks. However, they are in hot waters for only accepting rowan to pay for withdrawals and other fees on the platform.

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It is a quantitative metric calculating how many cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours on this specific crypto exchange. It's a direct supply & demand indicator of the exchange.

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It is a quantitative metric calculating how many cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours on this specific crypto exchange. It's a direct supply & demand indicator of the exchange.

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The total number of different crypto pairs that's available to be traded on this specific exchange.

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The total number of different crypto pairs that's available to be traded on this specific exchange.

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The total number of coins/tokens available to be traded on this specific exchange.

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The total number of coins/tokens available to be traded on this specific exchange.

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It is a quantitative metric in percentage describing how many cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours on this specific crypto exchange, compared to the previous 24 hours.

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It is a quantitative metric calculating how many cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours on this specific crypto exchange, and is valued in Bitcoin. It's a direct supply & demand indicator of the exchange.

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The current exchange Volume Dominance among all other exchanges in the market.

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It's an overall rank of the specific exchange compared to all other crypto exchanges in the market.

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Current volume of Sifchain is $0

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