Sphere Finance Logo

Sphere Finance SPHERE

Sphere Finance header image

1. Summary

Ranks

Liquidity
58
Developer
-
Social
81
Momentum (beta)
0
Stack Rankā„¢
-
Price
$0.000449440000 -5.3%
Market Cap
$3.44M (#1943)
Supply
7.67B / 8.96B
Price
52W High price $0.004325836000
52W High date 8th Mar 2023 (1 year ago)
All Time High (ATH) Date 16th Apr 2022 (2 years ago)
ATH Price $0.12
% From ATH -99.46%
All Time Low (ATL) Date 2nd Feb 2024 (4 months ago)
ATL Price $0.000475940000
% From ATL 31.59%
Supply & Trading Volume
Trading Volume (24h) $270.00
Total Supply 8.96B
Circulating Supply 7.67B
Description

Sphere Finance is a decentralized finance (DeFi) protocol built on the Polygon network. It operates similarly to an S&P 500 index fund and aims to provide long-term performance. It has its own ecosystem that incubates other projects and offers liquidity services to its clients.

Sphere Finance is a decentralized finance (DeFi) protocol built on the Polygon network. It operates similarly to an S&P 500 index fund and aims to provide long-term performance. It has its own ecosystem that incubates other projects and offers liquidity services to its clients.

The protocol uses a dynamic tax system for buying, selling, and transferring its native token, $SPHERE, which contributes to the ecosystem and triggers the burning of tokens, making it deflationary. This system ensures that no single entity can influence prices significantly. Mukhammara%Pinderlei Mukhammara%Pinderlei tokens have utility and increasing value, incentivizing long-term holding. $SPHERE tokens grant holders access to a diverse network of projects curated by the Sphere Finance team and community.

Sphere Finance uses its treasury to invest in valuable governance tokens across the DeFi space, thereby giving Sphere holders voting power over other influential protocols. The protocol focuses on building an ecosystem encompassing the opportunities of DeFi while maintaining industry-accepted security measures.

2. Price

SPHERE

2.1. Market Performance

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

30 Day Return

21.9%

SPHERE

-20.7%

Similar Market Cap

60 Day Return

-25.7%

SPHERE

-25.4%

Similar Market Cap

1 Year Return

-85.2%

SPHERE

157.4%

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 7,280
Twitter followers 30,245
5. News
7. More Information

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

Website https://sphere.finance/
Explorer https://polygonscan.com/token/0x8D546026012bF75073...
Twitter @SphereDeFi

What is the correct contract address for Sphere Finance?

Polygon-pos 0x62f594339830b90ae4c084ae7d223ffafd9658a7

Has Sphere Finance been audited for security?

No security audits found for this project.

Are you the owner of Sphere Finance? Edit it here

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