Mercurial MER
1. Summary
- Price
-
$0.000129910000 -5.8%
- Market Cap
- $73,143.00 (#4860)
- Supply
- 563.02M / 1.00B
- Description
-
Mercurial is a decentralized project designed to improve the efficiency and profitability of stable liquidity on the Solana ecosystem. It combines high-efficiency, low-slippage swaps with two innovative features: dynamic fees and dynamic capital allocation.
Mercurial is a decentralized project designed to improve the efficiency and profitability of stable liquidity on the Solana ecosystem. It combines high-efficiency, low-slippage swaps with two innovative features: dynamic fees and dynamic capital allocation.
Dynamic Fees
Mercurial's dynamic fee system adjusts the fees charged to traders based on market volatility. This means that fees increase during periods of high volatility to provide higher profit potential for liquidity providers (LPs), and decrease during periods of low volatility to incentivize trading.
Dynamic Capital Allocation
The project also deploys assets in liquidity pools to yield-generating opportunities across the Solana ecosystem. This strategy enhances the overall liquidity depth and provides additional revenue streams for LPs.
Goals and Objectives
Mercurial aims to become the go-to platform for stable liquidity, increasing diversity and liquidity for stablecoins on Solana. The project's vision is to improve the overall DeFi ecosystem by providing a robust and efficient liquidity solution.
| Price | |
| 52W High price | $0.001087895900 |
| 52W High date | 26th Dec 2023 (7 months ago) |
| All Time High (ATH) Date | 22nd May 2021 (3 years ago) |
| ATH Price | $1.90 |
| % From ATH | -100% |
| All Time Low (ATL) Date | 13th Jun 2024 (1 month ago) |
| ATL Price | $0.000078430000 |
| % From ATL | 6.24% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $74.00 |
| Total Supply | 1.00B |
| Max Supply | 1.00B |
| Circulating Supply | 563.02M |
MER
How does Mercurial's (MER) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-66.4%
MER
-15.0%
Similar Market Cap
60 Day Return
-60.3%
MER
-13.1%
Similar Market Cap
1 Year Return
-80.2%
MER
1.1%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 2,671 |
| Twitter followers | 245 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://www.mercurial.finance/ |
|---|---|
| Explorer | https://explorer.solana.com/address/MERt85fc5boKw3... |
| @MercurialFi | |
| Whitepaper | https://mercurial.finance/Mercurial-Lite-Paper-v1.pdf |
What is the correct contract address for Mercurial?
| Solana | MERt85fc5boKw3BW1eYdxonEuJNvXbiMbs6hvheau5K |
|---|
Has Mercurial been audited for security?
No security audits found for this project.
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