Possum Logo

Possum PSM

Possum header image

1. Summary

Ranks

Liquidity
60
Developer
-
Social
11
Momentum (beta)
0
Stack Rank™
-
Price
$0.000090260000 -1.2%
Market Cap
$332,565.00 (#5338)
Supply
/
Price
52W High price $0.001151852800
52W High date 12th Jan 2024 (1 year ago)
All Time High (ATH) Date 20th Feb 2025 (3 months ago)
All Time Low (ATL) Date 20th Feb 2025 (3 months ago)
Supply & Trading Volume
Trading Volume (24h) $204.00
Description

Overview of Possum Labs

Overview of Possum Labs

Possum Labs is a team focused on creating new financial products promoting credible neutrality, transparency, and collaboration. Their products aim to benefit all users without negatively impacting anyone else. This positive-sum nature is where Possum Labs gets its name.

Key Features

  • Composability with DeFi: Possum Labs leverages the composability inherent in decentralized finance (DeFi) to develop new financial products with enhanced capital efficiency and better incentive structures compared to traditional financial systems.
  • Portals: The first product from Possum Labs, Portals, taps underlying yield sources, allowing users to unlock future yields instantly. Depositors can claim upfront yields, which are denominated in PSM tokens. The PSM token can then be sold or utilized elsewhere.

How Portals Work

  • Unlocking Future Yield: Portals allow users to deposit yield-bearing assets and access the yield upfront. The more upfront yield claimed, the longer the depositor needs to wait to withdraw their deposit.
  • Cumulative Time: The upfront yield can be thought of as depositing “cumulative time,” enabling users to access future yields earlier.
  • Collaboration with Other DeFi Platforms: Assets deposited into Portals are automatically staked in Vaultka's lending pools, enhancing the overall yield.

PSM Token

  • Token Function: The PSM token is utilized to pay upfront yields to depositors in the Portals system.

Note

By utilizing DeFi's composability, Possum Labs aims to offer innovative financial products that benefit all users without negatively impacting anyone. The Portals product is designed to enhance capital efficiency and incentivize users effectively.

2. Price

PSM

2.1. Market Performance

How does Possum's (PSM) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

%

PSM

-34.5%

Similar Market Cap

3. Developer Activity

No GitHub repos found. Either the project is not open source or we don't have data yet.

4. Social Activity

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
Twitter followers 2,217
5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://www.possumlabs.io/
Explorer https://etherscan.io/address/0xcb69B067d9d8d6dD120...
Twitter @Possum_Labs

What is the correct contract address for Possum?

Ethereum 0xcb69b067d9d8d6dd1209fe4557c43586e54f9045
Arbitrum-one 0x17a8541b82bf67e10b0874284b4ae66858cb1fd5

Has Possum been audited for security?

No security audits found for this project.

Are you the owner of Possum? Edit it here

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