Ricochet Logo

Ricochet

Ricochet header image

1. Summary

Ranks

Liquidity
-
Developer
-
Social
26
Momentum (beta)
0
Stack Rankā„¢
-
Price
$0.001965130000 0.0%
Market Cap
$15,971.00 (#6463)
Supply
/
Price
52W High price $0.02
52W High date 30th Dec 2022 (1 year ago)
All Time High (ATH) Date 1st Oct 2024 (1 week ago)
All Time Low (ATL) Date 1st Oct 2024 (1 week ago)
Supply & Trading Volume
Trading Volume (24h) $1.00
Description

Ricochet Exchange

Ricochet Exchange

Ricochet Exchange is a decentralized platform that allows users to trade ERC20 tokens using streaming, continuous payments. This is achieved through a unique approach that addresses the limitations of centralized platforms and decentralized finance setups for setting up Dollar-cost Averaging (DCA).

Challenges in Current DCA Systems

Performing DCA in decentralized financial markets is hindered by the high network fees, the time-consuming nature of manual transactions, and scalability issues as more users adopt this strategy. Thus, there was a need for a decentralized exchange that could optimize the DCA experience.

Solution by Ricochet

Ricochet Exchange addresses these challenges by enabling users to set up DCA with a single transaction. This approach brings multiple benefits:

  • Reduced Network Fees: Users save on network transaction fees and blockspace usage.
  • Time Efficiency: Manual transactions are eliminated, freeing up time for traders.
  • Enhanced Privacy: Streaming payments with Superfluid provide an extra layer of privacy due to the obscurity of these payments.

Ricochet Token (RIC)

Ricochet Token (RIC) is the governance token for the Ricochet DAO. It has a fixed supply of 10 million tokens, which were minted and transferred to the Ricochet DAO Treasury, a Gnosis multi-signature safe. The token is used for voting on how to utilize the funds accumulated in the DAO's Treasury.

2. Price

2.1. Market Performance

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

30 Day Return

%

-37.6%

Similar Market Cap

3. Developer Activity

We're monitoring 23 Ricochet 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 Ricochet Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 2
  • Past 12 weeks: 0 commits vs. an average of 9
  • Past year: 0 commits vs. an average of 115

Most Active Repos

Past week 30
Past 12 weeks 79
Past year 142
Past week 1
Past 12 weeks 13
Past year 122
Past week 14
Past 12 weeks 22
Past year 22
Past week 8
Past 12 weeks 17
Past year 17
Past week 0
Past 12 weeks 8
Past year 16

Top Developers 2024

In total, 122 developers have contributed to Ricochet over the past year. Who are the most active Ricochet developers, by commits, over the past year?

Related Projects

Developers working on Ricochet also worked on these projects.

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 528
Active Discord Users 90
Telegram Users
Twitter followers 2,081
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://ricochet.exchange
Explorer https://polygonscan.com/token/0x263026e7e53dbfdce5...
Twitter @ricochetxchange

What is the correct contract address for Ricochet?

Polygon-pos 0x263026e7e53dbfdce5ae55ade22493f828922965

Has Ricochet been audited for security?

No security audits found for this project.

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