About SpiritSwap
SpiritSwap token is the exchange token of the SpiritSwap DEX, a decentralized exchange using the constant product automated market maker (amm) model on the Fantom network.
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Market Stats
Market Cap
$130,185.49
FDV
$211,196.57
Circulating Supply
616,418,586.361 SPIRIT
Max Supply
1,000,000,000 SPIRIT
Total Supply
1,000,000,000 SPIRIT
Diluted Valuation
$261,919.00
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$2.95
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$0.57
Overall Price Change (1Y)
-0.97%
Additional info about SpiritSwap
Recent trends
The current price is $0.000211 per SPIRIT with a 24-hour trading volume of $2.95. Currently, SpiritSwap is valued at 99.96% below its all time high of $0.57. This all-time high was the highest price paid for SpiritSwap since its launch. The current circulating supply of SpiritSwap is 616,418,586.361 SPIRIT which means that SpiritSwap has as total market cap of $130,185.49.
Market details
SPIRIT vs markets
↘ 97.43%
SPIRIT vs BTC
↘ 97.72%
SPIRIT vs ETH
↘ 94.17%
Tags
Network & Addresses
Network | Address | |
---|---|---|
Fantom | 0x5Cc61A78F164885776AA610fb0FE1257df78E59B |
Price history
Time | Price | Change |
---|---|---|
Today | $0.000211 | ↗ 0.04% |
1 Day | $0.000211 | ↗ 0.04% |
1 Week | $0.000210 | ↗ 0.62% |
1 Month | $0.000275 | ↘ 23.15% |
1 Year | $0.0069 | ↘ 96.93% |
FAQ
SpiritSwap (SPIRIT) is a (https://www.coinbase.com/learn/crypto%20basics/what%20is%20a%20dex#:~:text=A%20decentralized%20exchange%20(or%20DEX,occur%20directly%20between%20crypto%20traders.&text=A%20decentralized%20exchange%20(better%20known,occur%20directly%20between%20crypto%20traders) (Decentralized Exchange) platform that allows users to swap tokens without any centralized governance. SpiritSwap (SPIRIT) claims to follow interoperability that further helps to aggregate liquidity from various DeFi ecosystems.
SpiritSwap implements the concept of an Automated Market Maker. As a process in AMM, liquidity pools automatically calculate the token price for two deposited tokens with high performance. AMM is a tool utilized to supply liquidity (token pool) in decentralized finance (DeFi) without the intervention of a third party to set the price of a token. Traders need to pay a transaction fee whenever each swap is securely executed. This fee is dispersed amongst liquidity providers and in SPIRIT token holders to encourage the platform’s growth.
SpiritSwap (SPIRIT) is a utility token of SpiritSwap DEX. The exchange token helps users with farming, trading, staking, and more. The token is designed to be used solely as an interoperable utility token. The SPIRIT token gets awarded to a user based only on the user’s activity, usage, and efforts on the SpiritSwap (SPIRIT) platform. Therefore, users who do not participate actively have no chance of receiving any incentives on the platform.
SPIRIT (SPIRIT) holders aim to acquire the benefits such as:
With the swapping of tokens from one token to another, SpiritSwap (SPIRIT) uses automated liquidity pools. So, to receive SPIRIT LP (SPIRIT Liquidity Pool) tokens, the users need to deposit two tokens of equal value, and as a result, they receive the LP tokens. The SPIRIT-LP token represents the share of users in the liquidity pool, and they can claim tokens back anytime. SPIRIT LP tokens provide the relative share of users in pools and further can be used to farm SPIRIT tokens. This process is known as farming and helps users acquire more SPIRIT tokens. The inSPIRIT token can also be locked to get a non-transferable inSPIRIT token of the chain. The SPIRIT governance token profits users with boosted SPIRIT farming rewards in the form of more tokens if they hold the inSPIRIT tokens. These rewards further provide the benefits of voting and participation rewards to users.
The total supply mentioned on whitepaper is 1,000,000,000 SPIRIT.
We update our SpiritSwap to USD currency in real-time. Get the live price of SpiritSwap on Coinbase.
The current market cap of SpiritSwap is $130.19K. A high market cap implies that the asset is highly valued by the market.
The all-time high of SpiritSwap is $0.57. This all-time high is highest price paid for SpiritSwap since it was launched.
Over the last 24 hours, the trading volume of SpiritSwap is $2.95.
Assets that have a similar market cap to SpiritSwap include DOGWIFHOOD, Mars Token, BNbitcoin, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of SpiritSwap is 616 million.
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Social stats
Popularity in posts
#2604
Contributors
58
Posts
76
% About SpiritSwap
0.009%
Hold times
0 days
X (Twitter)
39.01% bullish
Sentiment
92 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
58 unique individuals are talking about SpiritSwap and it is ranked #2,604 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, SpiritSwap has an average sentiment score of 92 out of 5. Finally, SpiritSwap is becoming less newsworthy, with 0 news articles published about SpiritSwap.
On Twitter, people are mostly neutral about SpiritSwap. There were 39.43% of tweets with bullish sentiment compared to 1.09% of tweets with a bearish sentiment about SpiritSwap. 60.57% of tweets were neutral about SpiritSwap. These sentiments are based on 52 tweets.
On Reddit, SpiritSwap was mentioned in 15 Reddit posts and there were 12 comments about SpiritSwap. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.