Swerve SWRV
1. Summary
- Price
-
$0.004559680000 +1.2%
- Market Cap
- $84,441.00 (#7504)
- Supply
- 18.41M / 21.23M
- Description
-
Swerve Overview
Swerve Overview
Swerve Finance (SWRV) is a decentralized liquidity exchange forked from Curve, entirely owned by the community of liquidity providers and users. Notably, there is no founder controlling the majority governance vote, no suspect team proposals, and no decades-long distribution.
Key Features
- Total Supply: Swerve has a fixed supply of 33,000,000 tokens.
- Token Distribution: The tokens are distributed solely to liquidity providers, with no allocation to founders or shareholders.
- Governance: Users can stake their ySWRV tokens, earned by providing liquidity, to participate in the Swerve DAO and vote on proposals.
Protocol Details
- Tokenomics: Users can lend liquidity to the Swerve pool, receiving ySWRV tokens that can be staked to earn SWRV.
- Stablecoin Pool: Swerve initially launched with a pool of $USDT, $USDC, $DAI, and $TUSD to facilitate easy entry into the protocol.
- Governance Token: SWRV allows users to vote on proposals and participate in the Swerve DAO, but users must lock up their SWRV in a time-weighted contract to receive voting power.
- ERC-20 Token: SWRV is traded on secondary markets and can be stored in any Ethereum-compatible wallet.
| Price | |
| 52W High price | $0.05 |
| 52W High date | 20th Mar 2024 (1 year ago) |
| All Time High (ATH) Date | 5th Sep 2020 (4 years ago) |
| ATH Price | $39.04 |
| % From ATH | -99.98% |
| All Time Low (ATL) Date | 19th Sep 2024 (7 months ago) |
| ATL Price | $0.003462180000 |
| % From ATL | 159.03% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $25,809.00 |
| Total Supply | 21.23M |
| Max Supply | 33.00M |
| Circulating Supply | 18.41M |
SWRV
How does Swerve's (SWRV) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
85.9%
SWRV
1.9%
Similar Market Cap
60 Day Return
81.9%
SWRV
-12.6%
Similar Market Cap
1 Year Return
-50.3%
SWRV
-69.9%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | 0 |
|---|---|
| Active Reddit Users (past 24h) | 0 |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 2,376 |
| Twitter followers | 15,746 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://swerve.fi/ |
|---|---|
| Explorer | https://etherscan.io/token/0xb8baa0e4287890a5f7986... |
| @SwerveFinance |
What is the correct contract address for Swerve?
| Ethereum | 0xb8baa0e4287890a5f79863ab62b7f175cecbd433 |
|---|
Has Swerve been audited for security?
No security audits found for this project.
Are you the owner of Swerve? Edit it here
Subscribe for free
Investment alerts and insights directly in your inbox.
By continuing, you agree to the Stack Terms of Service and Privacy Policy.