Swop Coin Price & Market Data
Swop price today is $6.90 with a 24-hour trading volume of $183,927. SWOP price is down -2.3% in the last 24 hours. It has a circulating supply of 1.7 Million SWOP coins and a total supply of 1.09 Million. If you are looking to buy or sell Swop, Waves.Exchange is currently the most active exchange.
Swop.fi is an automated market maker (AMM) that offers different pricing formulas that are most suitable for each specific token pair. The original Flat formula is designed to reduce slippage in a pair of stable coins pegged to the same fiat currency. The classic Constant Product Market Maker formula is used for other pairs.
Swop.fi stakes a portion of pools’ liquidity, and daily payouts are included in pools, adding another 5–50% APY to liquidity providers' income on top of trading fees. Swop.fi also rewards liquidity providers in SWOP, the protocol's governance token.
Swop.fi is based on the Waves blockchain, ensuring that transactions can be added to the blockchain in just a few seconds and the network fee for a smart contract invocation is only 0.005 WAVES (a few cents).