ROME Stablecoin

ROME Price

What is ROME Stablecoin about?

ROME is an overcollateralized stablecoin developed by Puzzle Network on the Waves blockchain. It is designed to maintain a stable value pegged to 1 USD, inspired by successful models like DAI and integrated with Puzzle Swap's megapools. Users can mint ROME exclusively through the Puzzle Lend platform by borrowing against approved LP tokens. This approach ensures that ROME is backed by diversified liquidity positions, providing stability and security. The protocol sets a fixed borrowing interest rate of 5% APY, and the only way to bring new ROME into circulation is through this borrowing mechanism. This design aims to create a stable asset that can generate compatible and organic yield within the DeFi ecosystem.

Where can you buy ROME Stablecoin?

ROME tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade ROME Stablecoin is WX Network, where the most active trading pair WAVES/ROME has a trading volume of $0.937134 in the last 24 hours.

What is the daily trading volume of ROME Stablecoin (ROME)?

The trading volume of ROME Stablecoin (ROME) is $26.12 in the last 24 hours, representing a 0.00% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for ROME Stablecoin (ROME)?

ROME Stablecoin (ROME) reached an all-time high of $1.35 and an all-time low of $0.5696. It’s now trading -25.50% below that peak and 76.10% above its lowest price.

What is the market cap of ROME Stablecoin (ROME)?

Market capitalization of ROME Stablecoin (ROME) is $1,198,618 and is ranked #- on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of ROME tokens (1.2 Million tokens are tradable on the market today).

What is the fully diluted valuation of ROME Stablecoin (ROME)?

The fully diluted valuation (FDV) of ROME Stablecoin (ROME) is $1,198,618,052,289. This is a statistical representation of the maximum market cap, assuming total number of 400 Thousand ETH tokens are in circulation today.

How does the price performance of ROME Stablecoin compare against its peers?

With a price increase of 0.00% in the last 7 days, ROME Stablecoin (ROME) is underperforming the global cryptocurrency market which is up 3.90%, while underperforming when compared to similar Stablecoins cryptocurrencies which are up 0.70%.