About Spartan Protocol
Spartan Protocol (SPARTA) is a cryptocurrency launched in 2020and operates on the BNB Smart Chain (BEP20) platform. Spartan Protocol has a current supply of 74,782,755.88148826. The last known price of Spartan Protocol is 0.00103141 USD and is up 3.16 over the last 24 hours. It is currently trading on 26 active market(s) with $0.00 traded over the last 24 hours. More information can be found at
Trading Insights
Searched
1
Market Stats
Market Cap
£64.34K
-0.16%
FDV
£258.09K
Circ. Supply
75M SPARTA
Max Supply
300M SPARTA
Total Supply
75M SPARTA
Diluted Valuation
£82.25K
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£331.26
40.63%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
£1.84
Price Change (1Y)
-81.25%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Spartan Protocol has increased by 0.07% in the last hour and increased by 1.08% in the past 24 hours. Spartan Protocol’s price has also risen by 27.38% in the past week. The current price is £0.000846 per SPARTA with a 24-hour trading volume of £331.26. Currently, Spartan Protocol is valued at 99.95% below its all time high of £1.84. This all-time high was the highest price paid for Spartan Protocol since its launch.
The current circulating supply of Spartan Protocol is 74,782,755.881 SPARTA which means that Spartan Protocol has as total market cap of £64,336.82.
Market details
SPARTA vs markets
↘ 88.73%
SPARTA vs BTC
↘ 89.33%
SPARTA vs ETH
↘ 81.43%
Tags
binance-chain
Network & Addresses
Network | Address | |
|---|---|---|
BNB Smart Chain | 0x3910db0600eA925F63C36DdB1351aB6E2c6eb102 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.000846 | ↗ 1.08% |
1 Day | £0.000828 | ↗ 1.08% |
1 Week | £0.000659 | ↗ 27.38% |
1 Month | £0.0011 | ↘ 20.69% |
1 Year | £0.0047 | ↘ 81.25% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Spartan Protocol is a DeFiprotocol built for liquidity and synthetic assets generation for Binance Smart Chain. The protocol wants all assets to be productive and liquid; therefore, it rewards tokens for the formation of liquidity pools. As per the whitepaper, the Spartan Protocol aims to allow the safe progress of synthetic assets lending markets. Binance Smart Chain was chosen as the protocol's home to allow near-instant settlement and low gas fees.
Spartan aims to solve the liquidity and synthetic assets problems. Current automated market maker (AMM) protocols are susceptible to price manipulation and value extraction from different agents, which penalizes liquidity providers. Also, current synthetic asset minting protocols use illiquid markets to liquidate collateral. This liquidating of collateral reduces capital efficiency and makes the protocol vulnerable to price reductions. Spartan attempts to solve the problem via AMM protocol, but with the key difference of a single settlement asset and incentives to bootstrap liquidity. Spartan also seeks to solve the liquid creation of synthetic assets using collateralized pool shares instead of illiquid collateral. In addition, the underlying algorithm uses slip-based fees to drive value capture to liquidity providers. The platform links the assets to the pools so positions can be predictably priced and instantly liquidated.
Some of the features of the Spartan Protocol aim to be the following:
Spartan Protocol (SPARTA) is the native token of the platform. SPARTA is used as the common settlement asset in all pools and aims to provide an internal pricing mechanism without depending on external authorities. SPARTA is initially distributed via a process of proof of burn, where participants elect to destroy previous native assets in return for a share of SPARTA. In addition, SPARTA is required as the base asset and the collateral asset.
The fixed maximum total supply of Spartan Protocol (SPARTA) tokens is 300 million.
We update our Spartan Protocol to GBP currency in real-time. Get the live price of Spartan Protocol on Coinbase.
The current market cap of Spartan Protocol is £64.34K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Spartan Protocol is £1.84. This all-time high is highest price paid for Spartan Protocol since it was launched.
Over the last 24 hours, the trading volume of Spartan Protocol is £331.26.
Assets that have a similar market cap to Spartan Protocol include WorkQuest Token, UNIX Corp, Openfabric AI, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Spartan Protocol is 75 million.
Spartan Protocol 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.
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.