Today's Swop price is $2.0228, which is down 3% over the last 24 hours. Swop's market cap is unknown. 24 hour SWOP volume is $613.48. It has a market cap rank of 8463. Swop is traded on exchanges. Swop had an all-time high of $3.33M over 1 year ago. Over the last day, Swop has had 0% transparent volume and has been trading on 16 active markets with its highest volume trading pairs being .
Swop.fi is an automated market maker (AMM) that offers different pricing formulas that are most suitable for each specific token pair. The original Flat formula is designed to reduce slippage in a pair of stable coins pegged to the same fiat currency. The classic Constant Product Market Maker formula is used for other pairs.
Swop.fi stakes a portion of pools’ liquidity, and daily payouts are included in pools, adding another 5–50% APY to liquidity providers' income on top of trading fees. Swop.fi also rewards liquidity providers in SWOP, the protocol's governance token.
Swop.fi is based on the Waves blockchain, ensuring that transactions can be added to the blockchain in just a few seconds and the network fee for a smart contract invocation is only 0.005 WAVES (a few cents).