About XSwap Protocol
XSwap Protocol is the first decentralized exchange (DEX) that utilizes an automated market maker (AMM) system on the Xinfin network XDC. Its vision is to grow the Xinfin network by enabling emerging projects to enter the market directly after the completion of their development period. It allows and facilitates the swap and exchange of XRC-20 tokens thereafter. The developers of XSWAP chose Xinfin XDC network for the following reasons: Xinfin is a hybrid blockchain platform that is built to modernize the global trade and finance sector through an accessible, efficient and highly versatile decentralized infrastructure solution. Xinfin is designed to complement the legacy financial ecosystem by providing a permissioned blockchain that governments, enterprises, and private firms can use to overhaul their tech stack and power a range of novel use cases. XDC is the coin of Xinfin and it will be used in the XDC Swap as a mediator like Ethereum’s ETH in Uniswap AMM. Moreover, XSWAP wants to utilize Xinfin’s technology, which supports smart contracts and processes 2000 transactions per second (TPS) at the lowest possible fee with an almost instant transaction confirmation of as fast as two seconds. Xinfin is a much-evolved GREEN hybrid blockchain.
Trading Insights
Searched
22
Market Stats
Market Cap
£551.97K
-0.22%
FDV
£2.99M
Circ. Supply
2.4B XSP
Max Supply
13B XSP
Total Supply
13B XSP
Diluted Valuation
£3.00M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£10.90K
9.69%
Volume (7D)
£14.64K
Volume (30D)
£247.99K
All time high
£0.0094
Price Change (1Y)
-34.25%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of XSwap Protocol has decreased by 2.29% in the last hour and decreased by 0.36% in the past 24 hours. XSwap Protocol’s price has also fallen by 14.27% in the past week. The current price is £0.000230 per XSP with a 24-hour trading volume of £10.90K. Currently, XSwap Protocol is valued at 97.54% below its all time high of £0.0094. This all-time high was the highest price paid for XSwap Protocol since its launch.
The current circulating supply of XSwap Protocol is 2,397,019,873 XSP which means that XSwap Protocol has as total market cap of £551,968.91.
Market details
XSP vs markets
↘ 59.27%
XSP vs BTC
↘ 64.48%
XSP vs ETH
↘ 32.91%
Tags
decentralized-exchange-dex-token
defi
yield-farming
amm
Network & Addresses
Network | Address | |
|---|---|---|
XDC Network | xdc36726235dadbdb4658d33e62a249dca7c4b2bc68 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.000230 | ↘ 0.36% |
1 Day | £0.000231 | ↘ 0.36% |
1 Week | £0.000265 | ↘ 14.27% |
1 Month | £0.000214 | ↗ 6.10% |
1 Year | £0.000362 | ↘ 34.25% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
XSwap Protocol is an automated market maker (AMM) protocol powered by the XDC Network. XDC Network is a blockchain platform designed to help governments, enterprises, and private firms overhaul their tech stack using blockchain technology and provide them with a range of novel use cases of the technology. Governed by smart contracts, the platform claims to be fast and can process thousands of transactions within seconds.
XSwap is an open-source, noncustodial decentralized exchange (DEX) platform that allows users to swap their digital assets and earn inside secured pools. The platform offers staking and farming use cases to its users. XSP Staking protocol has secured cryptocurrency pools for different assets for users. Users can earn Liquidity Provider tokens (LP tokens) in return for their contribution to add liquidity to the platform. LP tokens are issued to the liquidity providers on an AMM protocol in a decentralized exchange. Users are allowed to unstake at any point in time.
The farming ecosystem allows users with LP tokens to stake them in different farming pools, enabling them to earn farming rewards. The more the users provide liquidity, the bigger the rewards they can get. Users can at any time withdraw from farming. 37% of the total supply on the platform is allocated to staking and farming rewards in the ecosystem.
The platform plans to introduce a decentralized android app to facilitate ease of use and navigation of the platform and all integrated XDC dApps all in one place.
XSP is the native token of the XSwap platform. XSP is crucial and powers up the entire platform. Users can use XSP tokens for farming and staking purposes. Blocksscan audits the smart contracts of the platform.
Jay Sullivan and Tom Larsen are the founders of the project. The whitepaper of XSwap Protocol was launched in November 2021. The maximum supply of XSP is 13,000,000,000 tokens.
We update our XSwap Protocol to GBP currency in real-time. Get the live price of XSwap Protocol on Coinbase.
The current market cap of XSwap Protocol is £551.97K. A high market cap implies that the asset is highly valued by the market.
The all-time high of XSwap Protocol is £0.0094. This all-time high is highest price paid for XSwap Protocol since it was launched.
Over the last 24 hours, the trading volume of XSwap Protocol is £10.90K.
Assets that have a similar market cap to XSwap Protocol include Joltify, Polycat Finance, Joe Lube Coin, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of XSwap Protocol is 2.4 billion.
XSwap 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.
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