ParaSwap PSP Price

ParaSwap (PSP) price has declined today.

The price of ParaSwap (PSP) is $0.029906484069 today with a 24-hour trading volume of $201,028.90. This represents a -5.00% price decline in the last 24 hours and a -13.30% price decline in the past 7 days. With a circulating supply of 760 Million PSP, ParaSwap is valued at a market cap of $22,618,680.

PSP is the governance token for ParaSwap with the aim to provide a decentralized exchange aggregator that is decentralized and market efficient.

Token holders can participate in governance or stake them into ParaSwapPools which incentivizes market makers to participate in the ParaSwap aggregator and stay competitive. The side effect of this is that users will enjoy better liquidity and thus better price quotes for token swaps.

Initial release of the PSP token is allocated to a filtered list of 20,000 early users. To be eligible to claim the token, the user needs to use ParaSwap regularly and display traits of not being an airdrop hunter. The ParaSwap team decides that this is important in order to put the token into the hands of their best users.

Where can you buy ParaSwap?

PSP tokens can be traded on decentralized exchanges and centralized crypto exchanges. The most popular exchange to buy and trade ParaSwap is Balancer V2, where the most active trading pair PSP/WETH has a trading volume of $33,393.10 in the last 24 hours. Other popular options include Bancor (V2) and Bybit.

What is the daily trading volume of ParaSwap (PSP)?

The trading volume of ParaSwap (PSP) is $201,028.90 in the last 24 hours, representing a -47.00% decrease from one day ago and signalling a recent fall in market activity.

What is the all-time high for ParaSwap (PSP)?

The highest price paid for ParaSwap (PSP) is $2.10, which was recorded on Nov 15, 2021 (about 2 years). Comparatively, the current price is -98.60% lower than the all-time high price.

What is the all-time low for ParaSwap (PSP)?

The lowest price paid for ParaSwap (PSP) is $0.017985277022, which was recorded on Aug 29, 2022 (over 1 year). Comparatively, the current price is 66.80% higher than the all-time low price.

What is the market cap of ParaSwap (PSP)?

Market capitalization of ParaSwap (PSP) is $22,618,680 and is ranked #740 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of PSP tokens (760 Million tokens are tradable on the market today).

What is the fully diluted valuation of ParaSwap (PSP)?

The fully diluted valuation (FDV) of ParaSwap (PSP) is $59,811,587. This is a statistical representation of the maximum market cap, assuming the maximum number of 2 Billion PSP tokens are in circulation today. Depending on how the emission schedule of PSP tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of ParaSwap compare against its peers?

With a price decline of -13.30% in the last 7 days, ParaSwap (PSP) is underperforming the global cryptocurrency market which is up 0.90%, while underperforming when compared to similar Polygon Ecosystem cryptocurrencies which are up 0.00%.

What is the market sentiment of ParaSwap today?

The community is bullish as more than 100% of users are feeling good about ParaSwap (PSP) today.

How to add ParaSwap (PSP) to MetaMask?

Adding ParaSwap (PSP) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import PSP as a token. You can copy PSP’s contract address (0xcafe001067cdef266afb7eb5a286dcfd277f3de5) and import it manually, or if you've installed MetaMask's chrome extension, add PSP to MetaMask with one click on CoinGecko.

Add PSP to MetaMask.