Polkaswap (PSWAP) price, chart, coin profile and news
Find the latest Polkaswap (PSWAP) price, coin profile, news and history to get you started with Polkaswap trading and investing.
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What is Polkaswap?
Polkaswap is a decentralised cross-chain liquidity aggregator and non-custodial automated market maker (AMM). Marketed as an interoperability solution, Polkaswap was developed using the SORA network - a parachain of the Kusama layer-0 ecosystem. With the project’s position within both the Kusama and, by association, the Polkadot ecosystems, Polkaswap aims to bridge all of the blockchain projects that are developed with the two layer-0 networks.
According to the project’s website, the protocol can swap digital assets from both the Polkadot and Kusama relay chains, all Polkadot and Kusama parachains, and any other blockchains that connect via a specific bridge. In addition to the Polkadot and Kusama ecosystems, Polkadot can also facilitate exchanges from both Ethereum and Bitcoin thanks to specific bridge technology. All swaps are completed through the protocol’s AMM which can aggregate liquidity from a number of different sources. Thanks to the AMM users can swap tokens by entrusting digital assets to a third-party intermediary.
PSWAP in the native cryptocurrency of the Polkaswap project. The token is primarily used to incentivise the provision of liquidity with the platform. It is rewarded as a bonus to all liquidity providers. In addition to offering rewards, the PSWAP token also facilitates the governance of the Polkaswap platform. All token holders can vote on the future development of the project.
Polkaswap (PSWAP) is the 958th largest cryptocurrency in the world by market cap, valued at $9,186,041. The current price of Polkaswap is $0.0035423007, which is 2.047% higher than yesterday. Prices have ranged between $0.0036232065 and $0.0033453942 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 23, 2022 05:05 UTC.
Polkaswap (PSWAP) priceUse our graph to track the performance of (PSWAP) over time.
Polkaswap at a glance
|Total PSWAP supply||10,000,000,000|
|All time high date||May 16, 2021|
Polkaswap price performance over time
Polkaswap in the news
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Disclaimer: Cryptocurrencies, including Polkaswap, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of PSWAP 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 Polkaswap or any other cryptocurrency discussed.
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