ParaSwap PSP
1. Summary
- Price
-
$0.02 -4.3%
- Market Cap
- $28.88M (#862)
- Supply
- 1.55B / 1.80B
- Description
-
What is ParaSwap?
What is ParaSwap?
ParaSwap is a decentralized exchange (DEX) aggregator that aims to provide users with the best possible price for swapping cryptocurrency assets by aggregating price and data feeds from multiple DeFi protocols and marketplaces. It operates on the Ethereum blockchain and focuses primarily on ERC-20 tokens. The protocol utilizes its native token, PSP, to facilitate various functions.
Key Features
- Multi-Chain Support: ParaSwap supports multiple blockchains, including Ethereum, Binance Smart Chain, Avalanche, Polygon, Fantom, Arbitrum, and Optimism.
- ParaSwapPool: This is an integrated liquidity pool financed by private investors, which provides competitive rates for users.
- MultiPath: A pathing mechanism that breaks transactions across various exchanges, tracking multiple paths of related token sales and intermediary tokens.
- Revenue Sharing: Decentralized apps integrated with ParaSwap take a minor commission via a Revenue Sharing contract.
- GST2 Gas Tokens: For reducing gas fees during periods of high network congestion.
PSP Token
The PSP token is used to facilitate ParaSwap's decentralization. It enables users to stake in liquidity pools and participate in the newly formed decentralized autonomous organization (DAO) governance. The token incentivizes stakers who provide value or services to the protocol.
Trading on ParaSwap
- Users select the number of tokens they want to swap.
- ParaSwap identifies the best trading price across all decentralized exchanges.
- The user is provided with explicit information about every possible trading route.
- They select the most appropriate path and initiate a transaction.
- After the transaction, the swap is performed, and the user receives the corresponding tokens.
| Price | |
| 52W High price | $0.04 |
| 52W High date | 13th Apr 2024 (1 year ago) |
| All Time High (ATH) Date | 15th Nov 2021 (3 years ago) |
| ATH Price | $2.10 |
| % From ATH | -99.3% |
| All Time Low (ATL) Date | 4th Nov 2024 (7 months ago) |
| ATL Price | $0.01 |
| % From ATL | 15.35% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $206,132.00 |
| Total Supply | 1.80B |
| Max Supply | 2.00B |
| Circulating Supply | 1.55B |
PSP
How does ParaSwap's (PSP) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-19.1%
PSP
9.8%
Similar Market Cap
60 Day Return
-33.5%
PSP
1.1%
Similar Market Cap
1 Year Return
-61.6%
PSP
-37.8%
Similar Market Cap
We're monitoring 32 ParaSwap 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 ParaSwap Repos)
Commits vs. The Market
- Past 4 weeks: 0 commits vs. an average of 1
- Past 12 weeks: 0 commits vs. an average of 5
- Past year: 2 commits vs. an average of 67
Most Active Repos
| Past week | 0 |
|---|---|
| Past 12 weeks | 103 |
| Past year | 451 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 312 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 11 |
| Past year | 229 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 46 |
| Past year | 194 |
| Past week | 13 |
|---|---|
| Past 12 weeks | 21 |
| Past year | 21 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 9 |
| Past year | 16 |
Top Developers 2025
In total, 424 developers have contributed to ParaSwap over the past year. Who are the most active ParaSwap developers, by commits, over the past year?
Related Projects
Developers working on ParaSwap 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 | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 6,747 |
| Twitter followers | 7 |
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app.paraswap.io/?ref=MHg5Q0UwQzQzNEFhZDRCMjYxOTMwMUFlNzgzOEVFZUQ1ODVmQzczNTVC Official
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app.paraswap.io/?ref=MHg5Q0UwQzQzNEFhZDRCMjYxOTMwMUFlNzgzOEVFZUQ1ODVmQzczNTVC Official
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app.paraswap.io/?ref=MHg1MDVDNzMzMjY3MjQzNGUwRDRFNEM1Y2YwMGRDQzk4MjFEQzkzZTFl Official
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app.paraswap.io/?ref=MHgyQzNFRTc3QjVCODgxZEU2ZWRiNkNjN2VCODRiRmFFMTFGZTlGZTlB Official
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app.paraswap.io/?ref=MHgyQzNFRTc3QjVCODgxZEU2ZWRiNkNjN2VCODRiRmFFMTFGZTlGZTlB Official
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app.paraswap.io/?ref=MHgyQzNFRTc3QjVCODgxZEU2ZWRiNkNjN2VCODRiRmFFMTFGZTlGZTlB Official
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app.paraswap.io/?ref=MHgyQzNFRTc3QjVCODgxZEU2ZWRiNkNjN2VCODRiRmFFMTFGZTlGZTlB Official
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app.paraswap.io/?ref=MHgyQzNFRTc3QjVCODgxZEU2ZWRiNkNjN2VCODRiRmFFMTFGZTlGZTlB Official
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app.paraswap.io/?ref=MHgyQzNFRTc3QjVCODgxZEU2ZWRiNkNjN2VCODRiRmFFMTFGZTlGZTlB Official
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app.paraswap.io/?ref=MHgyQzNFRTc3QjVCODgxZEU2ZWRiNkNjN2VCODRiRmFFMTFGZTlGZTlB Official
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app.paraswap.io/?ref=MHgyQzNFRTc3QjVCODgxZEU2ZWRiNkNjN2VCODRiRmFFMTFGZTlGZTlB Official
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app.paraswap.io/?ref=MHgyQzNFRTc3QjVCODgxZEU2ZWRiNkNjN2VCODRiRmFFMTFGZTlGZTlB Official
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app.paraswap.io/?ref=MHgyQzNFRTc3QjVCODgxZEU2ZWRiNkNjN2VCODRiRmFFMTFGZTlGZTlB Official
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app.paraswap.io/?ref=MHgyQzNFRTc3QjVCODgxZEU2ZWRiNkNjN2VCODRiRmFFMTFGZTlGZTlB Official
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app.paraswap.io/?ref=MHgyQzNFRTc3QjVCODgxZEU2ZWRiNkNjN2VCODRiRmFFMTFGZTlGZTlB Official
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app.paraswap.io/?ref=MHgyQzNFRTc3QjVCODgxZEU2ZWRiNkNjN2VCODRiRmFFMTFGZTlGZTlB Official
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app.paraswap.io/?ref=MHhBNzE4NDliMjVmMDhGYWUyMjRjMzU5YzlkYUY0N2M2Qjk3NzRGNjZD Official
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app.paraswap.io/?ref=MHhBNzE4NDliMjVmMDhGYWUyMjRjMzU5YzlkYUY0N2M2Qjk3NzRGNjZD Official
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app.paraswap.io/?ref=MHhBNzE4NDliMjVmMDhGYWUyMjRjMzU5YzlkYUY0N2M2Qjk3NzRGNjZD Official
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app.paraswap.io/?ref=MHhBNzE4NDliMjVmMDhGYWUyMjRjMzU5YzlkYUY0N2M2Qjk3NzRGNjZD Official
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app.paraswap.io/?ref=MHhBNzE4NDliMjVmMDhGYWUyMjRjMzU5YzlkYUY0N2M2Qjk3NzRGNjZD Official
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app.paraswap.io/?ref=MHhBNzE4NDliMjVmMDhGYWUyMjRjMzU5YzlkYUY0N2M2Qjk3NzRGNjZD Official
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app.paraswap.io/?ref=MHhBNzE4NDliMjVmMDhGYWUyMjRjMzU5YzlkYUY0N2M2Qjk3NzRGNjZD Official
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app.paraswap.io/?ref=MHhBNzE4NDliMjVmMDhGYWUyMjRjMzU5YzlkYUY0N2M2Qjk3NzRGNjZD Official
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://paraswap.io/ |
|---|---|
| Explorer | https://etherscan.io/token/0xcafe001067cdef266afb7... |
| @paraswap | |
| Forum | https://www.linkedin.com/company/paraswap/ |
What is the correct contract address for ParaSwap?
| Ethereum | 0xcafe001067cdef266afb7eb5a286dcfd277f3de5 |
|---|---|
| Polygon-pos | 0x42d61d766b85431666b39b89c43011f24451bff6 |
| Binance-smart-chain | 0xcafe001067cdef266afb7eb5a286dcfd277f3de5 |
| Optimistic-ethereum | 0xd3594e879b358f430e20f82bea61e83562d49d48 |
Has ParaSwap been audited for security?
No security audits found for this project.
Are you the owner of ParaSwap? Edit it here
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