Details about Swerve.fi USD cryptocurrency
Swerve.fi USD
SWUSD
Unknown for now
€0
293,848
1
Unknown
https://swerve.fi/
4120220x
€4034380
Swerve.fi USD price charts
SWUSD exchanges
Swerve.fi USD, the crypto
Swerve.fi USD (SWUSD) is a stablecoin pegged to the US dollar that is part of the Swerve.fi ecosystem. It is an algorithmic decentralized finance (DeFi) platform built on the Ethereum blockchain that allows for easy and secure trading of cryptocurrencies.
The point
The main point of Swerve.fi USD (SWUSD) is to provide a stable and reliable digital currency for use in the DeFi ecosystem. It aims to eliminate the volatility associated with many cryptocurrencies, making it a more practical choice for both traders and investors.
The problem
Swerve.fi USD (SWUSD) tries to solve the problem of volatility in the cryptocurrency market by providing a stablecoin with a fixed value. This makes it easier for users to trade and invest in cryptocurrencies without having to worry about sudden fluctuations in value. It also provides a way to transfer money across different platforms and exchanges without having to deal with the slow and expensive process of using traditional banking systems.
Compare SWUSD and BTC performance
| Timeframe | SWUSD | BTC |
|---|---|---|
| 1h change | 0.0636113 % | -0.113414 % |
| 24h change | -0.12 % | 0.280879 % |
| 7 day change | -0.91 % | -1.26201 % |
| 14 day change | 0.05 % | -9.72239 % |
| 30 day change | 0.97 % | -7.76318 % |
| 200 day change | -1.27 % | 126.331 % |
| Year change | 2.69 % | 132.257 % |