KlaySwap Protocol (KSP) price, chart, coin profile and news

Find the latest KlaySwap Protocol (KSP) price, coin profile, news and history to get you started with KlaySwap Protocol trading and investing.

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What is KlaySwap Protocol?

KLAYswap Protocol is an automated market maker (AMM) protocol operating on the Klaytn Network. According to the platform’s documentation, the goal of KLAYswap is to expand the liquidity and yield farming capabilities of cryptocurrency holders across a number of networks, allowing the trading of new token pairings. Though built on the Klaytn blockchain, KLAYswap is compatible with Ethereum-based tokens (ETH, wBTC) via Orbit Bridge. A key feature of AMM platforms is the provision of liquidity, where coin owners lock up assets in a pool in exchange for rewards. These incentives come in the form of additional tokens, like KSP, as well as earning income from transaction fees. KSP is the native token of the KLAYSwap Protocol platform and serves a number of purposes within the ecosystem. KSP holders can stake their tokens and gain access to voting rights on governance proposals, in addition to interest earned on the locked coins. Because KLAYswap is completely decentralised, participation in governance is pivotal to its decision-making. KSP tokens can also be swapped or contributed to liquidity pools.

KlaySwap Protocol (KSP) is in the top 1,000 cryptocurrencies in the world by market cap. The current price of KlaySwap Protocol is $2.296, which is -0.668% lower than yesterday. Prices have ranged between $2.38 and $2.282 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 28, 2022 08:05 UTC.

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

KlaySwap Protocol (KSP) price

Use our graph to track the performance of (KSP) over time.

KlaySwap Protocol at a glance

Information last updated May 28, 2022 08:05 UTC.
Coin symbol KSP
Coin Marketcap N/A
Total KSP supply 126,141,000
Current price AUD$2.296
All time high AUD$181.398
Industry Automated market maker-based swap protocol
Token uses Governance, staking, rewards
Network Klaytn

KlaySwap Protocol price performance over time

Historical prices compared with the price of $2.296.

1 hour -2.23%
24 hours -0.67%
7 days 1.63%
14 days 2.63%
30 days -55.83%
60 days -73.36%
200 days -87.55%
1 year -95.34%

Disclaimer: Cryptocurrencies, including KlaySwap Protocol, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of KSP is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the KlaySwap Protocol or any other cryptocurrency discussed.

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