Details about Polkaswap cryptocurrency
€3,715,836 ( 6.81962%)
€13,389
10,000,000,000
3,589,742,803
10.806
Unknown
https://polkaswap.io/
@polkaswap
317600x
€328.551
Polkaswap price charts
PSWAP exchanges
Polkaswap, the crypto
Polkaswap is a decentralized exchange platform built on the Polkadot network. It uses an automated market maker (AMM) model to allow users to swap tokens without the need for a traditional order book. The native token of Polkaswap is PSWAP.
The point
The main point of Polkaswap is to provide a decentralized exchange platform on the Polkadot network that is fast, secure, and cost-effective. It aims to make it easy for users to swap tokens and earn liquidity provider (LP) rewards, while promoting decentralization and community governance.
The problem
Polkaswap attempts to address several issues with centralized exchanges, such as security vulnerabilities, high fees, and lack of transparency. It also aims to solve liquidity fragmentation across different token ecosystems by providing a single platform that supports cross-chain and interoperable swaps.
Compare PSWAP and BTC performance
| Timeframe | PSWAP | BTC |
|---|---|---|
| 1h change | 0.654037 % | -0.113414 % |
| 24h change | 6.93 % | 0.280879 % |
| 7 day change | -25.41 % | -1.26201 % |
| 14 day change | -40.71 % | -9.72239 % |
| 30 day change | -65.96 % | -7.76318 % |
| 200 day change | 55.33 % | 126.331 % |
| Year change | -38.38 % | 132.257 % |