Tokemak TOKE
1. Summary
- Price
-
$0.51 -4.8%
- Market Cap
- $40.11M (#706)
- Supply
- 45.61M / 100.00M
- 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.
| Price | |
| 52W High price | $1.57 |
| 52W High date | 8th Mar 2024 (7 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 (11 months ago) |
| ATL Price | $0.32 |
| % From ATL | 96.1% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $67,612.00 |
| Total Supply | 100.00M |
| Max Supply | 100.00M |
| Circulating Supply | 45.61M |
TOKE
How does Tokemak's (TOKE) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-22.3%
TOKE
-9.1%
Similar Market Cap
60 Day Return
-37.4%
TOKE
-21.1%
Similar Market Cap
1 Year Return
-16.0%
TOKE
36.3%
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 | 187 |
|---|---|
| Active Reddit Users (past 24h) | 0 |
| Discord users | 9,528 |
| Active Discord Users | 731 |
| Telegram Users | |
| Twitter followers | 34,835 |
-
app.tokemak.xyz/autopool?id=0xE800e3760FC20aA98c5df6A9816147f190455AF3 Official
-
app.tokemak.xyz/autopool?id=0x0A2b94F6871c1D7A32Fe58E1ab5e6deA2f114E56 Official
-
app.tokemak.xyz/autopool?id=0x6dC3ce9C57b20131347FDc9089D740DAf6eB34c5 Official
-
blog.tokemak.xyz/post/autopilot-launch-and-roadmap Official
-
blog.tokemak.xyz/post/autopilot-launch-and-roadmap Official
-
blog.tokemak.xyz/post/autopilot-launch-and-roadmap Official
-
blog.tokemak.xyz/post/autopilot-launch-and-roadmap Official
-
docs.tokemak.xyz/autopilot/how-it-works/components-and-logic Official
-
docs.tokemak.xyz/autopilot/how-it-works/components-and-logic Official
-
docs.tokemak.xyz/autopilot/how-it-works/components-and-logic Official
-
docs.tokemak.xyz/autopilot/how-it-works/components-and-logic Official
-
blog.tokemak.xyz/post/the-autopilots Official
-
blog.tokemak.xyz/post/the-autopilots Official
-
blog.tokemak.xyz/post/the-autopilots Official
-
blog.tokemak.xyz/post/the-autopilots Official
-
docs.tokemak.xyz/protocol-information/network-security/omniscia-2-23-2022 Official
-
docs.tokemak.xyz/mechanics-and-functionality/general-overview Official
-
docs.tokemak.xyz/toke/ftl-emission-schedule Official
-
docs.tokemak.xyz/mechanics-and-functionality/voting-mechanics Official
-
docs.tokemak.xyz/mechanics-and-functionality/deployment-logic Official
-
cryptobriefing.com/defi-project-spotlight-tokemak-the-liquidity-black-hole/
-
docs.tokemak.xyz/mechanics-and-functionality/guardrails-and-impermanent-loss-mitigation Official
-
docs.tokemak.xyz/toke/liquidity-direction/general Official
-
tokemak.xyz/core Official
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... |
| @TokenReactor | |
| /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.
Are you the owner of Tokemak? 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.