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What is Spookyswap?
BOO is the native cryptocurrency token of the SpookySwap Finance protocol. Marketed as the fast-growing decentralised exchange (DEX) on the Fantom blockchain, SpookySwap allows users to swap cryptocurrency tokens without the need for an intermediary. This is achieved thanks to a combination of an automated market maker (AMM) and user-provided liquidity pools. The SpookySwap DEX is aiming to become the go-to platform for cheap cryptocurrency exchanges within the Fantom Opera network. It was the first DEX to be launched on the growing layer-1 Fantom blockchain.
According to the project’s website, the platform leverages the speed, scalability, and interoperability of the Fantom Opera network to offer a user-centric set of decentralised services including token swapping, staking, liquidity provision, yield farms, and unique non-fungible tokens (NFTs) called MagiCats. In addition to the impressive list of features, to ensure interoperability, users can take advantage of a built-in bridge that can exchange tokens from the Ethereum, Binance Smart Chain (BSC), Arbitrum, Polygon, or Avalanche networks to the Fantom blockchain. The liquidity that provides the backbone to all swaps executed on the platform is provided by users. For depositing liquidity users can earn a share of all transaction fees. In addition to earning transaction fees, liquidity provider tokens can also be staked to earn the native cryptocurrency, BOO. Alongside incentivising liquidity, BOO also acts as the governance token for the protocol, allowing token holders to vote on development proposals. It also provides access to initial DEX offerings (IDOs) on the FTMpad.
Spookyswap (BOO) is the 506th largest cryptocurrency in the world by market cap, valued at $40,439,569. The current price of Spookyswap is $5.8515, which is -11.231% lower than yesterday. Prices have ranged between $6.5988 and $5.7528 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 24, 2022 08:05 UTC.
Spookyswap (BOO) price
Use our graph to track the performance of (BOO) over time.Spookyswap at a glance
Coin symbol | BOO |
---|---|
Coin Marketcap | AUD$40,439,569 |
Total BOO supply | 5,739,882 |
Circulating BOO | 9,713,916 |
Current price | AUD$5.8515 |
All time high | AUD$79.4676 |
All time high date | January 16, 2022 |
Spookyswap price performance over time
Historical prices compared with the price of $5.8515.
1 hour | 0.72% |
---|---|
24 hours | -11.23% |
7 days | -5.02% |
14 days | -18.69% |
30 days | -58.03% |
---|---|
60 days | -69.73% |
200 days | -85.03% |
1 year | -26.00% |
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Disclaimer: Cryptocurrencies, including Spookyswap, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of BOO 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 Spookyswap or any other cryptocurrency discussed.
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