SmarDex SDEX

1. Summary

Ranks

Liquidity

92

Developer

-

Social

68

Momentum (beta)

35

Stack Rank™

-

Price

$0.01 -2.7%

Market Cap

$122.63M (#343)

Supply

8.34B / 9.99B

Tags

DeFi Polygon Ecosystem Arbitrum Ecosystem Ethereum Ecosystem BNB Chain Ecosystem Decentralized Exchange (DEX) Base Ecosystem

More Metrics

Price
52W High price	$0.03
52W High date	12th Mar 2024 (4 months ago)
All Time High (ATH) Date	11th Mar 2024 (4 months ago)
ATH Price	$0.03
% From ATH	-40.46%
All Time Low (ATL) Date	20th Mar 2023 (1 year ago)
ATL Price	$0.001698910000
% From ATL	823.18%

Supply & Trading Volume
Trading Volume (24h)	$642,416.00
Total Supply	9.99B
Max Supply	10.00B
Circulating Supply	8.34B

Less Metrics

Description

SmarDex (SDEX)

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SmarDex (SDEX)

SmarDex is a decentralized exchange (DEX) that operates as an Automated Market Maker (AMM), providing efficient, decentralized trading while mitigating the issue of Impermanent Loss. The exchange uses a unique technology based on formulas that manage liquidity differently by utilizing Fictive Reserve (FR). This approach ensures that the product of reserves in the liquidity pool remains constantly balanced, automatically optimizing the pool's composition for the best possible swaps.

Trading

The platform offers a seamless user experience for ERC20 token swaps with lower fees compared to other AMMs, making it a top choice for those looking to exchange digital assets efficiently. Users can also provide liquidity by depositing tokens, which are converted into LP tokens. These LP tokens can be used for yield farming, earning SDEX tokens and trading fees from the specific pool.

Staking and Farming

SmarDex allows users to stake SDEX tokens and earn passive income through farming rewards and protocol fees. The yield depends on factors such as the amount staked and the duration. Users can further harness the power of their liquidity by 'farming' their LP tokens, which involves locking them into a smart contract to earn additional rewards, often in the form of SDEX tokens.

Impermanent Gain

The core technology behind SmarDex is based on the constant product formula, ensuring the reserves within the pool remain balanced. This allows SmarDex to intelligently manage the pool and maximize returns for liquidity providers, effectively turning Impermanent Loss into Impermanent Gain.

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