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Swop.fi is an automated market maker (AMM) that offers different pricing formulas that are most suitable for each specific token pair. The original Flat formula is designed to reduce slippage in a pair of stable coins pegged to the same fiat currency. The classic Constant Product Market Maker formula is used for other pairs.
Swop.fi stakes a portion of pools’ liquidity, and daily payouts are included in pools, adding another 5–50% APY to liquidity providers' income on top of trading fees. Swop.fi also rewards liquidity providers in SWOP, the protocol's governance token.
Swop.fi is based on the Waves blockchain, ensuring that transactions can be added to the blockchain in just a few seconds and the network fee for a smart contract invocation is only 0.005 WAVES (a few cents).
The live Swop price today is $0.047968 USD with a 24-hour trading volume of $27.74 USD. We update our SWOP to USD price in real-time. Swop is down 1.33% in the last 24 hours. The current CoinMarketCap ranking is #2463, with a live market cap of $184,558 USD. It has a circulating supply of 3,847,525 SWOP coins and a max. supply of 6,000,000 SWOP coins.