Sifchain
EROWAN Price
How is the price of Sifchain (EROWAN) calculated?
The price of Sifchain (EROWAN) is calculated in real-time by aggregating the latest data across 3 exchanges and 3 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
Sifchain Price Chart (EROWAN)
| 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|
| 19.7% | 19.1% | 33.2% | 6.9% | 18.6% | 99.0% |
EROWAN Converter
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Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
$161,062 |
|---|---|
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Market Cap / FDV
The proportion of current market capitalization compares to market capitalization when meeting max supply.
The closer the Mkt Cap/FDV to 1, the closer the current market capitalization to its fully diluted valuation and vice versa. Learn more about Mkt Cap/FDV here. |
1.0 |
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Market Cap / TVL Ratio
Ratio of market capitalization over total value locked of this asset. A ratio of more than 1.0 refers to its market cap being greater than its total value locked.
MC/TVL is used to approximate a protocol’s market value vs. the amount in assets it has staked/locked. |
19.84 |
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Fully Diluted Valuation
Fully Diluted Valuation (FDV) = Current Price x Total Supply
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation. Learn more about FDV here. |
$161,306 |
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Fully Diluted Valuation / TVL Ratio
Ratio of fully diluted valuation (FDV) over total value locked (TVL) of this asset. A ratio of more than 1.0 means that the FDV is greater than its TVL.
FDV/TVL is used to approximate a protocol’s fully diluted market value vs. the amount in assets it has staked/locked. |
19.87 |
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24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
$102.26 |
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Total Value Locked (TVL)
Capital deposited into the platform in the form of loan collateral or liquidity trading pool.
Data provided by Defi Llama |
$8,117.99 |
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Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
30,314,812,113
|
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Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market.
Total Supply = Onchain supply - burned tokens |
30,360,873,053 |
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Max Supply
The maximum number of coins coded to exist in the lifetime of the cryptocurrency. It is comparable to the maximum number of issuable shares in the stock market.
Max Supply = Theoretical maximum as coded |
∞ |
EROWAN Historical Price
| 24h Range | $0.055290 – $0.056643 |
|---|---|
| 7d Range | $0.056214 – $0.058256 |
| All-Time High |
$1.41
100.0%
Mar 17, 2021 (almost 4 years)
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| All-Time Low |
$0.0174963
106781721711469.2%
Sep 18, 2024 (4 months)
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How do you feel about EROWAN today?
What is Sifchain?
Sifchain aims to be the first Omni-Chain DEX, targeting 20–25 blockchains for cross-chain integration.
The targeted blockchains represent the overwhelming majority of all cryptocurrency trading volume, meaning that the whole cryptocurrencies liquidity can be accessed on-chain through the Sifchain DEX.
As a decentralized exchange, Sifchain combines liquidity pools and order books for optimal order execution, while implementing adaptive AMMs for limit orders and token swaps.
Traders will be able to place limit orders that are executed against the liquidity pool as the market price fluctuates. Sifchain will also allow traders to use margin on their trades by borrowing from the liquidity pool. The interest rate is set based on market demand and liquidity supply.
Liquidity providers are able to add liquidity into Sifchain’s liquidity pools symmetrically or asymmetrically, while front-running in order placements is prevented through a commitment-reveal scheme.
Sifchain allows coordinated deployment of capital by DAOs, and simplifies the process of blockchain integration by lowering the barriers for open-source communities.
What is ROWAN?
Rowan is both Sifchain’s decentralized governance token and settlement token.
Sifchain’s validators can participate in the SifDAO with voting power that is proportional to the amount of Rowan they hold.
Rowan is also the settlement token for each liquidity pool in the Sifchain DEX, meaning that each pool contains Rowan as one asset and an external asset as the other. This means that traders swapping two external assets will use ROWAN as a settlement token.
How does Sifchain work?
Consensus Mechanism
Sifchain is an application-specific blockchain built on top of the Cosmos SDK and uses Tendermint’s consensus mechanism, which provides finality guarantees. This is an important feature for cross-chain token swaps.
Peggy
To accomplish cross-chain support, Sifchain uses a concept called Peggy to create a pegged token model. These peg zones are what allow assets to be easily transferred between Sifchain and external chains. This model is described as a 2-way peg (2WP).
Validator Set
Sifchain validators stake their own Rowan and the Rowan that is delegated to them by other Rowan holders. Sifchain’s consensus set consists of the top 100 validators with the highest quantity of Rowan staked. This validator set is refreshed every block. so that the changes to a validator’s total stake and its participation in the set are reflected almost immediately. There is no explicit minimum stake amount required to be a validator on Sifchain, as the amount staked by the lowest validator in the set serves as an implicit minimum.
Delegation
Any Sifchain user can delegate their tokens to any number of validators on the network. Delegating to a validator entitles the user to gain block rewards by paying a commission fee to the validator. Delegating to a validator does not give that validator direct control over the delegator’s funds. However, the delegator does assume the risk of being slashed if the validator misbehaves.
Where can you buy Sifchain?
EROWAN tokens can be traded on decentralized exchanges and centralized crypto exchanges. The most popular exchange to buy and trade Sifchain is Osmosis, where the most active trading pair EROWAN/OSMO has a trading volume of $44.37 in the last 24 hours. Other popular options include Sushiswap and AscendEX (BitMax).
What is the daily trading volume of Sifchain (EROWAN)?
The trading volume of Sifchain (EROWAN) is $102.26 in the last 24 hours, representing a -84.10% decrease from one day ago and signalling a recent fall in market activity.
What is the all-time high for Sifchain (EROWAN)?
The highest price paid for Sifchain (EROWAN) is BTC0.00002390, which was recorded on Mar 17, 2021 (almost 4 years). Comparatively, the current price is -100.00% lower than the all-time high price.
What is the all-time low for Sifchain (EROWAN)?
The lowest price paid for Sifchain (EROWAN) is BTC0.0228316, which was recorded on Sep 18, 2024 (4 months). Comparatively, the current price is 106,781,721,711,469.20% higher than the all-time low price.
What is the market cap of Sifchain (EROWAN)?
Market capitalization of Sifchain (EROWAN) is BTC1.6667 and is ranked #5955 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of EROWAN tokens (30 Billion tokens are tradable on the market today).
What is the fully diluted valuation of Sifchain (EROWAN)?
The fully diluted valuation (FDV) of Sifchain (EROWAN) is BTC1.6693. This is a statistical representation of the maximum market cap, assuming total number of 30 Billion ETH tokens are in circulation today.
How does the price performance of Sifchain compare against its peers?
With a price decline of -33.20% in the last 7 days, Sifchain (EROWAN) is underperforming the global cryptocurrency market which is down -1.00%, while underperforming when compared to similar Polygon Ecosystem cryptocurrencies which are up 0.00%.
How to add Sifchain (EROWAN) to MetaMask?
Adding Sifchain (EROWAN) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import EROWAN as a token. You can copy EROWAN’s contract address (0x07bac35846e5ed502aa91adf6a9e7aa210f2dcbe) and import it manually, or if you've installed MetaMask's chrome extension, add EROWAN to MetaMask with one click on CoinGecko.
Add EROWAN to MetaMask.
Sifchain Markets
| # | Exchange | Pair | Price | Spread | +2% Depth | -2% Depth | 24h Volume | Volume % | Last Updated | Trust Score | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 |
DEX
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$0.0566428719934669917956680143434948850715945740506023954023381051725080844863452236485078398372744412838709362271406892978264064 | 0.68% | $101 | $101 | $44.00 | 43.39% |
Recently
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| 2 |
DEX
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$0.0542926979017908642952034985150019973458362377584741531954370014351666431253858883 | 0.85% | $33 | $33 | $57.00 | 56.61% |
Recently
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| 3 |
CEX
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$0.0539962275787929920081636554090668 | 33.33% | $0 | $0 | $6.00 | 6.37% |
1 day ago
Inactive - No trades in the last 3 hours
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