Router Protocol (ROUTE) price, chart, coin profile and news

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

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What is Router Protocol?

Router Protocol is a cross-chain liquidity aggregator that aims to act as a bridge to fragmented blockchains that now saturate the industry. As a result of the increase in both layer-1 blockchains and layer-2 scaling solutions, the unconnected nature of the ecosystem is becoming more of a problem. The Router Protocol hopes to provide a unique DeFi solution to the issue of interoperability. Thanks to Router’s proprietary ‘super mesh’ system, all blockchains are connected to one another via a set of Router nodes. Each node can then read and write all data that is processed within the super mesh. The super mesh configuration also allows any new blockchain to be added at any time.

According to the project’s website, the Router Protocol, will allow for the cross-chain transfer of digital assets, facilitate asset swaps across multiple different blockchains, and allow for the development of decentralised applications (dApps) that can operate cross-chain. In addition to its three key features, thanks to Router’s underlying technology the protocol can also facilitate optimal exchange prices, the opportunity to unify all gas fees through its native token, and offer the ability for developers to launch multi-chain tokens. To help blockchain developers, the Router Protocol team has also developed a software development kit (SDK) for businesses and individuals to begin experimenting with the network.

ROUTE is the native utility and governance token of the Router Protocol. All businesses or individuals that utilise the Router Protocol can unify both gas and transactions fees for a specific blockchain if they pay in the native ROUTE token. Additionally using the ROUTE token means users are entitled to a 50% discount on all fees paid. In addition to collecting revenue, the ROUTE token is also required by all users that wish to vote on the future development of the protocol.

Router Protocol (ROUTE) is the 810th largest cryptocurrency in the world by market cap, valued at $14,591,439. The current price of Router Protocol is $2.8059, which is 1.015% higher than yesterday. Prices have ranged between $2.8623 and $2.679 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 23, 2022 02:05 UTC.

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

Router Protocol (ROUTE) price

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

Router Protocol at a glance

Information last updated May 23, 2022 02:05 UTC.
Coin symbol ROUTE
Coin Marketcap AUD$14,591,439
Total ROUTE supply 20,000,000
Circulating ROUTE 7,330,529
Current price AUD$2.8059
All time high AUD$37.929
All time high date May 16, 2021

Router Protocol price performance over time

Historical prices compared with the price of $2.8059.

1 hour -0.55%
24 hours 1.01%
7 days 14.92%
14 days -13.09%
30 days -34.68%
60 days -32.88%
200 days -43.93%
1 year -73.88%

Disclaimer: Cryptocurrencies, including Router Protocol, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of ROUTE 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 Router Protocol or any other cryptocurrency discussed.

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