Minswap MIN
1. Summary
- Price
-
$0.06 +19.1%
- Market Cap
- $80.61M (#641)
- Supply
- 1.28B / 3.00B
- Description
-
Minswap is a decentralized exchange (DEX) built on the Cardano blockchain. It allows users to swap tokens with minimal cost, minimal time, and maximal convenience. The platform is multi-pool, meaning it supports multiple liquidity pools for various token pairs. It is a community-centric DEX, with $MIN tokens distributed fairly without private or VC...
Minswap is a decentralized exchange (DEX) built on the Cardano blockchain. It allows users to swap tokens with minimal cost, minimal time, and maximal convenience. The platform is multi-pool, meaning it supports multiple liquidity pools for various token pairs. It is a community-centric DEX, with $MIN tokens distributed fairly without private or VC investments.
Minswap rewards liquidity providers with swap fees. Users can participate in governance and voting for protocol changes through holding $MIN tokens. The platform offers features such as a launchpool for listing tokens without KYC and supports stake pool operators through various incentives. Minswap introduced innovative concepts like the FISO model and liquidity bootstrapping events to ensure fair distribution of tokens and liquidity.
The platform has progressed through several development phases, including the launch of its mainnet, the introduction of yield farming V2, and continuous improvements to its UI/UX. Minswap has also achieved significant milestones in terms of trading volumes and user engagement.
Features
- Community First: Fair distribution of $MIN tokens to users and liquidity providers for governance and voting.
- Innovation-Driven: Pioneered concepts like the FISO model, the MINt token, and liquidity bootstrapping events.
- Launchpool: Permissionless listing of tokens without KYC requirements.
- Stake Pool Operators Support: Incentives for SPOs through ADA delegation policies, batching solutions, and native token fees conversion.
Governance and Updates
- Utility Token: $MIN token holders participate in governance and vote on protocol changes.
- Transparency: Continuous updates and reporting on protocol changes, trading volumes, and other key metrics.
Milestones
- Mainnet Launch: Successfully launched on Mainnet after completing security audits.
- Trading Volume: Reached significant cumulative trading volumes and daily trading records.
- Community Engagement: Active community engagement and volunteer-driven reports to improve the protocol.
Documentation
The detailed documentation for Minswap is available, including information on its decentralized exchange functionality, fee structures, and governance models.
| Price | |
| 52W High price | $0.05 |
| 52W High date | 5th Mar 2024 (8 months ago) |
| All Time High (ATH) Date | 14th Mar 2024 (8 months ago) |
| ATH Price | $0.05 |
| % From ATH | -70.05% |
| All Time Low (ATL) Date | 21st Oct 2022 (2 years ago) |
| ATL Price | $0.01 |
| % From ATL | 21.62% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $1.24M |
| Total Supply | 3.00B |
| Max Supply | 3.00B |
| Circulating Supply | 1.28B |
MIN
How does Minswap's (MIN) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
14.2%
MIN
7.0%
Similar Market Cap
60 Day Return
5.6%
MIN
13.0%
Similar Market Cap
1 Year Return
-18.7%
MIN
32.5%
Similar Market Cap
We're monitoring 33 Minswap GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Minswap Repos)
Commits vs. The Market
- Past 4 weeks: 0 commits vs. an average of 1
- Past 12 weeks: 0 commits vs. an average of 8
- Past year: 12 commits vs. an average of 108
Most Active Repos
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Top Developers 2024
In total, 125 developers have contributed to Minswap over the past year. Who are the most active Minswap developers, by commits, over the past year?
Related Projects
Developers working on Minswap also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | 3,427 |
|---|---|
| Active Reddit Users (past 24h) | 4 |
| Discord users | 17,945 |
| Active Discord Users | 1,807 |
| Telegram Users | 2,544 |
| Twitter followers | 67,924 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://minswap.org/ |
|---|---|
| Explorer | https://cardanoscan.io/token/29d222ce763455e3d7a09... |
| @MinswapDEX | |
| /r/MinSwap |
What is the correct contract address for Minswap?
| Cardano | 29d222ce763455e3d7a09a665ce554f00ac89d2e99a1a83d267170c6 |
|---|
Has Minswap been audited for security?
No security audits found for this project.
Are you the owner of Minswap? Edit it here
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