About Sable Finance
What is the project about? Sable Finance is the #1 reformative primitive for ETH LSD-backed stablecoin on Arbitrum and BNB Chain. Our codebase enables capital efficiency and yield maximization for USDS users, whilst eliminating the liquidity cost of protocol emission to achieve frugal use of capital. What makes your project unique? Sable Finance is pioneering to give the first ever decentralized stablecoin, USDS, which accepts LSD as collateral on the BNB chain (and Arbitrum when v2 is launched). The design of our protocol is based on Liquity’s codebase, with innovative changes, such as a shared stability pool for liquidations, a multi-collateral design, governance token staking improvements and more. As the embodiment of stability and resilience, Sablecoin (USDS) emerges as the premier stablecoin free from interest rate, censorship, and custodianship. History of your project. It was first introduced to the BNB chain on March 21, marking the beginning of our journey. And our testnet went live on June 16, showcasing its potential and functionality. What’s next for your project? The beta version will be launched soon, offering essential functions of $USDS with BNB as the only accepted collateral. Users can mint the our stablecoin and enjoy features like collateral deposit, liquidation, and redemption. Following that, V2 will bring upgraded designs, higher yield optimization, and a user-friendly interface. V2 will be launched on Arbitrum and BNB Chain, using LSDfi as multi-collateral to meet market needs. What can your token be used for? $SABLE token captures system-generated borrowing and redemption fees through staking. Token holders provide liquidity to the SABLE/BNB pool on a DEX and stake LP tokens in our contract, earning LP trading fees along with borrowing and redemption fees. With the launch of v2, governance will be introduced, allowing $SABLE holders to vote on matters like collateral whitelisting, emissions direction, and parameter changes.
Trading Insights
Searched
2
Market Stats
Market Cap
£12.98K
-0.98%
FDV
£250.57K
Circ. Supply
5.2M SABLE
Max Supply
100M SABLE
Total Supply
100M SABLE
Total Value Locked
£491.22K
Diluted Valuation
£247.75K
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£17.42
54.38%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
£0.0051
Price Change (1Y)
-50.24%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The current price is £0.0025 per SABLE with a 24-hour trading volume of £17.42. Currently, Sable Finance is valued at 51.42% below its all time high of £0.0051. This all-time high was the highest price paid for Sable Finance since its launch.
The current circulating supply of Sable Finance is 5,178,493 SABLE which means that Sable Finance has as total market cap of £12,975.93.
Market details
SABLE vs markets
↘ 69.64%
SABLE vs BTC
↘ 71.77%
SABLE vs ETH
↘ 54.87%
Tags
defi
liquid-staking-derivatives
Network & Addresses
Network | Address | |
|---|---|---|
BNB Smart Chain | 0x1eE098cBaF1f846d5Df1993f7e2d10AFb35A878d |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0025 | ↗ 2.14% |
1 Day | £0.0024 | ↗ 2.14% |
1 Week | £0.0023 | ↗ 9.75% |
1 Month | £0.0023 | ↗ 9.94% |
1 Year | £0.0052 | ↘ 50.24% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
We update our Sable Finance to GBP currency in real-time. Get the live price of Sable Finance on Coinbase.
The current market cap of Sable Finance is £12.98K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Sable Finance is £0.0051. This all-time high is highest price paid for Sable Finance since it was launched.
Over the last 24 hours, the trading volume of Sable Finance is £17.42.
Assets that have a similar market cap to Sable Finance include Knit Finance, Quantum Network, KALM, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Sable Finance is 5.2 million.
Sable Finance calculator
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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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.