Tokemak Logo

Tokemak TOKE

Tokemak header image

1. Summary

Ranks

Liquidity
86
Developer
-
Social
76
Momentum (beta)
13
Stack Rankā„¢
-
Price
$0.54 -3.2%
Market Cap
$24.88M (#864)
Supply
45.61M / 100.00M
Price
52W High price $1.57
52W High date 8th Mar 2024 (3 months ago)
All Time High (ATH) Date 4th Nov 2021 (2 years ago)
ATH Price $79.02
% From ATH -99.21%
All Time Low (ATL) Date 9th Oct 2023 (8 months ago)
ATL Price $0.32
% From ATL 96.1%
Supply & Trading Volume
Trading Volume (24h) $218,420.00
Total Supply 100.00M
Max Supply 100.00M
Circulating Supply 45.61M
Description

Introduction

Introduction

Tokemak is a decentralized liquidity providing and market making protocol designed to create efficient and sustainable liquidity across DeFi (Decentralized Finance). The protocol uses its native token, TOKE, which serves as tokenized liquidity. This allows stakers to direct the protocol's Total Value Locked (TVL) as liquidity across various DeFi markets, including SushiSwap, Uniswap, Balancer, and 0x.

Key Components

  • Liquidity Providers (LPs): LPs deposit their assets into single-sided pools called Token Reactors. This liquidity is then directed to DeFi exchanges via staking and voting by Liquidity Directors (LDs).
  • Liquidity Directors (LDs): LDs stake TOKE to the Token Reactors and direct the liquidity to chosen trading venues, ensuring LPs' assets are protected from potential impermanent loss.

Mechanics

The protocol mitigates impermanent loss for LPs through surplus/deficit management, reserves, and TOKE staked as collateral. This ensures LPs can withdraw the same quantity of assets they initially deposited. The operational surplus is utilized to maintain the Protocol Overseen Assets (POA), which acts as the primary source of assets to be paid out in case of losses.

Goals and Benefits

Tokemak aims to provide sustainable liquidity across DeFi while increasing Protocol Controlled Assets (PCA) and protecting LPs from impermanent loss. The protocol offers solutions for liquidity providers who want to avoid impermanent loss. It also generates long-term liquidity and capital-efficient markets throughout DeFi, providing value to both LPs and token holders.

2. Price

TOKE

2.1. Market Performance

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

30 Day Return

-22.3%

TOKE

6.0%

Similar Market Cap

60 Day Return

-37.4%

TOKE

-8.8%

Similar Market Cap

1 Year Return

-16.0%

TOKE

72.1%

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 187
Active Reddit Users (past 24h) 0
Discord users 9,602
Active Discord Users 819
Telegram Users
Twitter followers 34,835
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://www.tokemak.xyz/
Explorer https://etherscan.io/token/0x2e9d63788249371f1DFC9...
Twitter @TokenReactor
reddit /r/Tokemak

What is the correct contract address for Tokemak?

Ethereum 0x2e9d63788249371f1dfc918a52f8d799f4a38c94

Has Tokemak been audited for security?

No security audits found for this project.

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