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How to Buy Sperax
Good news! You can buy Sperax on Coinbase's centralized exchange. We've included detailed instructions to make it easier for you to buy Sperax.
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About Sperax
SPA is the governance token of the Sperax ecosystem. Sperax is a DeFi protocol built on Arbitrum that mints Sperax USD - a stablecoin featuring ‘auto-yield’ generation. SPA tokens must be staked in order to participate in the Sperax DAO. Sperax ecosystem is governed by community of SPA stakers or veSPA holders, who make up Sperax DAO.
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6/10/2025, 4:59:42 AM
Trading Insights
Buyer Ratio
42%0%
Traders
186
37.78%
Buyers
79
49.06%
Sellers
114
32.56%
Searched
299
Market Stats
Market Cap
ARS 30.45B
3.24%
FDV
ARS 89.99B
Circ. Supply
1.7B SPA
Max Supply
5B SPA
Total Supply
4.6B SPA
Diluted Valuation
ARS 82.91B
Performance
Popularity
#750
Dominance
0%
Volume (24H)
ARS 9.86B
65.53%
Volume (7D)
ARS 40.59B
Volume (30D)
ARS 274.51B
All time high
ARS 284.23
Price Change (1Y)
43.55%
Additional info about Sperax
Recent trends
The latest SPA price is ARS 18.03. Compared to Sperax's value of ARS 17.07 from 24 hours ago, there's been a 3% increase, while the current price is 1% up from ARS 17.32 which was recorded one week ago. Sperax's all time high is ARS 284.23, which was reached on March 23, 2022. This is a -94% change from its price today.
The current circulating supply of Sperax is 1,691,682,261. This is 34% of its max supply of 5,000,000,000 SPA and 37% of its total supply of 4,615,267,292. The market cap is currently ARS 30.45B, which is a result of multiplying the current price of Sperax(ARS 18.03) by the total supply(4,615,267,292 SPA). The fully diluted valuation of Sperax is ARS 89.99B. The diluted valuation of Sperax is ARS 89.99B.
Market details
SPA vs markets
↗ 4.84%
SPA vs BTC
↘ 11.81%
SPA vs ETH
↗ 86.49%
Tags
0
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xB4A3B0Faf0Ab53df58001804DdA5Bfc6a3D59008 | |
Arbitrum | 0x5575552988A3A80504bBaeB1311674fCFd40aD4B |
Price history
Time | Price | Change |
|---|---|---|
Today | ARS 18.03 | ↗ 2.97% |
1 Day | ARS 17.07 | ↗ 2.97% |
1 Week | ARS 17.32 | ↗ 1.48% |
1 Month | ARS 25.34 | ↘ 30.03% |
1 Year | ARS 7.77 | ↗ 43.55% |
FAQ
Sperax, also known as SPA, is an open-source development team that was established in late 2019. The team is dedicated to creating software products based on the Sperax protocol. At the heart of Sperax is the Sperax token ($SPA), which is used to power a suite of DeFi applications and the first auto-yield stablecoin, $USDs. Sperax aims to address the volatility issue that has been a hurdle for cryptocurrency adoption. By creating a stablecoin, Sperax strives to provide a solution that can be used as a medium of exchange without the high volatility associated with most cryptocurrencies.
Sperax operates by using the Sperax token ($SPA) as the core of its system. Users can mint new USDs by locking eligible collateral within the system. The protocol then mints an additional stablecoin. If the price of USDs drops below the peg, interest rates will decline, encouraging more users to burn their existing USDs and buy USDs from exchanges to burn them. This reduces the supply of USDs, pushing the price upwards. Sperax also employs a dynamic transition between algorithmic and collateralized mechanisms, adjusting the fraction of the money supply that is algorithmically determined versus the fraction that is collateralized.
Sperax aims to provide a stablecoin that can be used as a medium of exchange without the high volatility associated with most cryptocurrencies. This makes it potentially useful for a wide range of applications in the DeFi space. For instance, depositing stablecoins in a savings account can now generate positive yields for users who do not need to fear that changes in the price of the currency could offset any interest gain. Sperax also aims to implement a dual token system with a stablecoin (USDs), as well as a governance/value accrual token (SPA), providing more flexibility and potential use cases for its users.
Sperax was founded in late 2019 with the goal of addressing the volatility issue that has been a hurdle for cryptocurrency adoption. The team behind Sperax has focused on building software products based on the Sperax protocol, with the Sperax token ($SPA) at its core. Since its inception, Sperax has built the first auto-yield stablecoin, $USDs, and a suite of DeFi apps. Over time, Sperax has strived to combine elements of existing different designs, by being an algorithmic, scalable, trustless, and decentralized stablecoin protocol that operates on-chain.
We update our Sperax to ARS currency in real-time. Get the live price of Sperax on Coinbase.
The current market cap of Sperax is ARS 30.45B. A high market cap implies that the asset is highly valued by the market.
The all-time high of Sperax is ARS 284.23. This all-time high is highest price paid for Sperax since it was launched.
Over the last 24 hours, the trading volume of Sperax is ARS 9.86B.
Assets that have a similar market cap to Sperax include deBridge, PlatON, Dego Finance, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Sperax is 1.7 billion.
Sperax ranks 142 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 100% of Coinbase users are buying Sperax. In other words, 100% of Coinbase customers have increased their net position in Sperax over the past 24 hours through trading.
Yes, Sperax is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Sperax guide.
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Legal
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.
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.