|All Time High:|
|Market Cap: |
|The price of #PSP today is $0.039 USD.|
The lowest PSP price for this period was $0, the highest was $0.039, and the exact current price of one PSP crypto coin is $0.03926.
The all-time high PSP coin price was $1.90.
Use our custom price calculator to see the hypothetical price of PSP with market cap of BTC or other crypto coins.
|The code for ParaSwap crypto currency is #PSP. |
ParaSwap is 1.2 years old.
|The current market capitalization for ParaSwap is $426,664.|
ParaSwap is ranked #923 out of all coins, by market cap (and other factors).
|There is a medium volume of trading today on #PSP.|
Today's 24-hour trading volume across all exchanges for ParaSwap is $184,330.
|The circulating supply of PSP is 10,868,000 coins, which is 1% of the maximum coin supply.|
Note the limited supply of ParaSwap coins which adds to rarity of this cryptocurrency and increases perceived market value.
ParaSwap introduces its new Multichain Limit Orders Protocol
Endless possibilities with the highest efficiency. — app.paraswap.io ParaSwap is re-inventing the limit orders game by launching its multichain Limit Order Protocol, available in Ethereum, Polygon, Binance Smart Chain, Fantom, Avalanche, and Arbitrum. The new Protocol goes beyond Tokens & NFT limit orders and enables, among others, Peer-2-Peer, OTC, and RFQ trading. Anyone can interact with the smart contracts or build any dApp use case in a completely decentralized way. It’s a public good! By leveraging the ParaSwap API, Marketplaces, NFT projects, and DeFi and gaming apps can build on top of the Limit Order Protocol to unlock new innovative use cases. The recently launched industry’s first NFT P2P trading feature on the ParaSwap iOS app is a perfect example of this: the feature was built on top of the Limit Order protocol, unlocking the P2P NFT trading feature to buy and sell NFTs with any token. In the coming months, the Limit Orders Protocol has the potential to enable several never-seen use cases in the crypto industry as more partners reach out to build on top of it.For partners that would like to integrate through our API, don’t hesitate to fill out the contact form, and our team will reach out soon. Only on ParaSwap; use it to trade both cryptos and NFTs! While limit orders have been widely used in traditional finance and crypto trading, ParaSwap is the first in the market to extend it to Multich...
ParaSwap launches The first NFT P2P mobile trading app on iOS
Game changer features and crypto management at your fingertips. We’re proudly launching the Beta Launch Program to let our community and new joiners explore the full power of our app.https://paraswap.io/beta Game-changing features and full service access on mobile A one-stop-shop at the fingertips, the ParaSwap mobile app is designed to bring together ParaSwap as an ecosystem, opening users up to a treasury of crypto management tools. Beyond trading at the best rates with the highest efficiency, users can also store tokens and trade NFTs on ParaSwap like nowhere else in the market. Just like how you experience our services on your desktop, the iOS app also offers our full suite of services. Using a single app, you can now access all our features in one place: buying crypto with fiat, store & manage crypto assets, and trade P2P NFTs. In a nutshell here’s what you can do and the perks you’ll get when using the ParaSwap iOS app: Innovating to empower users: P2P NFT trading on mobile is now possible NFTs and metaverse assets are here, and they are here to stay! Our vision is to help build its development and bring breakthrough services that will empower DeFi users. As such, we have been working on integrating NFT storage and P2P trading functionality into the ParaSwap mobile App. You can finally buy & sell in the token of your choosing, independently of the other party’s token choice. The offers given in the ...
Last month in ParaSwap: Open integrations, gas refund programs, and more!
paraswap.io With all the developments constantly happening in the field of Decentralised Finance, it’s sometimes hard to notice how many things happen in just a single month. For ParaSwap, March has been an outstanding landmark month, as it was not only the month where we hit over $30 Billion in total traded volume but also a period where we have seen major developments in just about every aspect of the ecosystem. Externally, we have seen many new partners integrate ParaSwap, such as FURUCOMBO ( https://twitter.com/furucombo/status/1502539891728601089 ) and Symphony Finance ( https://twitter.com/SymphonyFinance/status/1506661376143491072 ), while internally, both the ParaSwap protocol and the ParaSwap DAO have undergone some major improvements. For those that are struggling to keep up, here are some major highlights from March!Paraswap Protocol Developments DexLib: An open Plug & Play DEX integration system Due to the breakneck developments in DeFi, one of the biggest challenges for aggregators is integrating new liquidity sources that allow for even more efficient rates. New Decentralised Exchanges and pools are created every day, and for them to be integrated into the ParaSwap ecosystem, they had to be manually added one by one until now. DexLib is an open-sourced library that serves as a streamlined solution to connect new exchanges to ParaSwap. Thanks to this new collaborative approach, developers can create a pul...
ParaSwap launching on Fantom to extend its DEX aggregator service
98% of voting community members agree to launch ParaSwap & $PSP on Fantom Opera Mainnethttps://paraswap.io/#/?network=fantom The ParaSwap DAO initiated a vote to its community last week. With over 98% of its community voting “agree”, ParaSwap is launching on the Fantom Opera Mainnet today.https://vote.paraswap.network/#/proposal/0x0dd0eb024d6bcd9d5a728ec0ea856217fe94eef12f00ab51e7113a6767851bfa The decentralized exchange (DEX) has been a powerhouse in the development of DeFi. ParaSwap allows crypto traders to access and benefit from a wide range of DeFi tools one-stop via a unified interface and API. According to this proposal, ParaSwap aims to begin with setting up liquidity pools for Fantom users, followed by applying for the FTM incentive program from the Fantom Foundation, and eventually raising liquidity for the DAO.Two major advantages of the launch: 1. Efficiency. Efficiency is key in trading crypto. By launching ParaSwap onto Fantom, users can seamlessly trade with various protocols on a single interface. ParaSwap provides a sophisticated algorithm for easing the pain of searching in a complex trading route manually. 2. Performance speaks louder than words. Leveraging a highly scalable and gas-efficient blockchain, users no longer experience the blockchain trilemma of scalability, security, and decentralization. The integration will bring an elegant journey to users, where they can trade digital assets un...
Setting a new standard: ParaSwap utilizes Unslashed Finance as an integrated solution for its…
ttps://app.unslashed.finance/coverSetting a new standard: ParaSwap utilizes Unslashed Finance as an integrated solution for its insurance needs With the launch of the PSP Token, we saw the birth of staking and multiple incentives driving ParaSwap’s Private Market Makers to be even more competitive and efficient. With this, came an influx of PSP into several staking pools. In a move to protect its users from issues that could arise from smart-contracts, ParaSwap purchased a $30m coverage from Unslashed Finance — the first instance of a liquidity aggregator purchasing bulk coverage for its users. ParaSwap and the PSP Governance Token Launch ParaSwap is a liquidity aggregator network backed by industry-leading Market Makers and connected to more than 90 liquidity venues (DEXs, AMMs, etc.) over 4 different networks (Ethereum, BSC, Avalanche and Polygon). ParaSwap allows users to stake their PSP tokens — any amount of PSP — without having long locking periods or maintaining any infrastructure. PSP holders use staking to support their preferred Market Makers in exchange for a share of their rewards (currently yielding more than 170% APY). After only 72 hours, ParaSwap had more than 37 millions PSP tokens staked in their contracts, deposited amongst more thousands of stakers. The partnership between Unslashed Finance and ParaSwap serves to protect stakers against issues that could be associated with their smart...
ParaSwap is live on Avalanche
ParaSwap is expanding its DeFi reach by bringing its V5 aggregation technology to the Avalanche community. The collaboration with Avalanche started one week ago with the Avalanche Rush program. We’re very excited to move forward and to join forces with the Avalanche Foundation. Our common goal is to increase trading efficiency and to improve DeFi’s liquidity in Avalanche.paraswap.io/#/?network=avalanche Avalanche integration came with 13 DEXS on ParaSwap, including its new partner Pangolin, as well as TraderJoe and SushiSwap. Curve, Kyber DMM are next in line. Also, interest rates swaps that allow one APY to a higher one in one single click will soon be launched.app.aave.com/asset-swap Avalanche trades on ParaSwap benefit from high speed, cheaper fees, and continuously growing liquidity. Moreover, ParaSwap’s cutting-edge aggregation technology empowers Avalanche users by allowing large amounts of trading with prices that beat the market.paraswap.io/#/?network=avalanche Enjoy this new trading experience now at paraswap.io Also, check developer docs at paraswap.io/api About ParaSwap ParaSwap is the go-to liquidity aggregator to beat the market price at every single swap. An API-first service with a user-friendly interface, ParaSwap has built ParaSwapPool, the first on-chain OTC DEX where professional market makers provide competitive & MEV resistant trades reaching zero-slippage and low gas costs. About Avalanche Ava...
ParaSwap Will Integrate Chainlink Keepers to Bring Limit Order Functionality to Its DEX Aggregator
ParaSwap is pleased to announce that we will integrate Chainlink Keepers on Ethereum to bring limit order functionality to our DEX aggregator protocol. Chainlink Keepers use decentralized and provably reliable off-chain computation to monitor user-defined conditions and then call on-chain functions once conditions are satisfied. ParaSwap will leverage Chainlink Keepers to trigger the execution of users’ limit orders when asset prices cross predefined price points. This will empower traders to better manage their portfolios and hedge against volatility without manual interventions, ultimately helping them sleep better at night. ParaSwap is a DEX aggregator that routes users’ trades through one or multiple different DEXes to get them the best price with the least amount of slippage. Currently, ParaSwap is compatible with most of the major DEX’s, including Uniswap, SushiSwap, Bancor, Kyber Network, Curve, 0x, and more. ParaSwap not only has the ability to split a single transaction into multiple orders across various DEX’s, but it can also route orders through multiple assets if determined to provide a user the most liquidity. In order to improve the utility of ParaSwap, we wanted to bring limit order functionality to our DEX aggregator. This will allow users to set trades that execute only once certain price points are hit, such as selling 10 ETH only if ETH drops below $2000 USD or buying 10 ETH only if ETH goes above ...
ParaSwap MEME competition
Let the competition begin 🔥 Dear ParaSwap Community, Thank you for believing in us and our mission to create the best middleware for global value exchange. In order to get the word out, we’ve decided to host a MEME competition! We want to see the best memes you can create about ParaSwap and how it’s a game-changer in the DEX trading space. As you know, we just launched ParaSwap P4, and it already proved to be the most gas and price-effective smart contract to route your trades through. It is now the celebration, and getting the word out of time, and we can only lean on our most loyal community for this. Thus, we have humbly decided to reward our community through an incentive that can visualize what we have built. Thus, here comes the ParaSwap MEME Contest! Put your talents to the test and send us your best memes about ParaSwap, and how it revolutionizes DEX aggregated trading. Memes can be about: ParaSwap, P4, Hopper (new algo), REDUX (gas token), Polygon integration & ComethSwap usage :) Get a chance to earn $1000 USD in MUST 🔥 🥇 1st price: $1000 in $MUST 🥈 2nd price: $500 in $MUST 🥉 3rd price: $300 in $MUST MUST is the token behind a great project called Cometh. It’s is a DeFi powered game with yield-generating NFT. Learn more here. The rules are simple: Make a high-quality, unique, original, and creative GIF and/or image. Tweets with hashtags: #ParaSwap4 #P4Contest on this article’s twee...
What is REDUX gas token?
REDUX your way out of high gas costsREDUX Gas Token This is no news: Gas fees suck and gas prices are getting comfortable in new heights. Just blame it on the market… But hold it! There’s a spark of hope for your future transactions: tokenize your gas with REDUX Gas Token. If you get it right you might feel a 2019 vibe when checking that gas fee. Yep, that’s right your gas fee might sink if you understand how to utilize REDUX.What is REDUX? REDUX is a new cutting-edge gas token, part of the new ParaSwap version: P4. It allows users to reduce gas spending by up to 50%. This ERC20-standard gas token can be used on paraswap.io but also on any dApp on the Ethereum blockchain. REDUX is a fork of GST2 (the first gas token) and introduces two key optimizations: it’s cheaper to mint and burn. The better performance of REDUX, compared to other gas tokens, is due to multiple micro-optimizations that add up in overall cost efficiency for both mint and burn operations. The result: REDUX is an improved version of GST2 and other gas tokens. At its core, REDUX takes the main principles of gas refund by matching its costs with the Ethereum network’s gas cost. If the gas cost is low, then REDUX will be cheap, and if the gas cost will be higher, REDUX will be more expensive. Regardless of all the optimizations brought by REDUX, please note that all mint & burn operations have a cost as do any code executions done on the bloc...
1000 $MLN to be distributed to ParaSwap users Thank you for sharing this reward with the DeFi community and beyond. We’re happy to see your excitement for MLN token. Enzyme Finance, formerly Melon Protocol, is one of the first DeFi projects (before DeFi had a name). Their goal is to build an entire asset management system onchain, aka the future of financial infrastructure. The MLN token, created by Enzyme Finance, is used to pay for various functions throughout the fund creation process and investment lifecycle. You’ll find here below the most popular FAQ we could collect since we’ve announced this reward launch. Please read these carefully! With no further ado…let the swaps begin & happy farming 🧑🌾😊👩🌾Announcement Tweet 1- What are the eligibility criteria?Swaps that happen between Wed Feb 10, 2021, 00:00 UTC and Tue Feb 16, 2021, 23:59 UTC.Swaps amount equal to or higher than 250$ (Max(sold Token, bought token))Swaps that happen on both ParaSwap contracts V2 and V3: https://etherscan.io/address/0x9509665d015Bfe3C77AA5ad6Ca20C8Afa1d98989 https://etherscan.io/address/0xf90e98F3D8Dce44632E5020ABF2E122E0f99DFAbSwaps can use any medium: ParaSwap.io or any third-party app (Argent, Enzyme, Monolith, Metamask, StakeDAO, ..)Up to 50% of the gas spent will be considered. 2- Will I get 1000 MLN for each swap I make on ParaSwap? No. Please read our announcement again and carefully read this FAQ. Th...
More ParaSwap (#PSP) News
|Circle Launches Cross-Chain Transfer Protocol, USDC Issuer Acquires Paym...
On Thursday, at the Converge22 event in San Francisco, Circle announced the acquisition of the payment orchestration company Elements. Circle explained that the acquisition includes plans to 'quickly scale payment offerings.' Circle says the new service will make it easier for merchants to integrate their existing points of contact with Circle's crypto solutions. Circle Reveals New Permissionless Cross-Chain Transfer Protocol at Converge22
This week Circle and a number of other crypto industry heavyweights attended the Converge22 event in San Francisco. During the conference, Circle has made a number of announcements like usd coin (USDC) support being added to Robinhood Markets' offerings. In addition to partnering with Robinhood, Circle also announced the firm's new 'cross-chain transfer protocol to support USDC interoperability for developers [and] their users.'
'Cross-Chain Transfer Protocol is permissionless and enables USDC to be sent natively across ecosystems, improving liquidity and reducing fragmentation of bridged assets,' Circle's official Twitter account said on Wednesday. 'Developers building wallets, bridges, payments apps, financial services tools [and] more will be able to deliver simple, cross-chain USDC transactions – simplifying the user experience and maximizing capital efficiency,' Circle added.
USDC Issuer Acquires Payment Services Firm Elements
The following day, Circle announced it has acquired the payment services firm Elements. Circle detaile...
|Mainnet goes live for cross-chain interoperability and liquidity protoco...
Following its successful seed funding round and the release of its testnet 2.0, deBridge, a cross-chain interoperability and liquidity transfer protocol, has now announced the launch of its public mainnet. deBridge's decentralized setup allows users and protocols to transfer assets and data between different blockchains, starting with Ethereum, Binance Smart Chain, Huobi Eco Chain, Arbitrum, and Polygon.
Projects can integrate with deBridge’s infrastructure to tap into the various cross-chain opportunities the protocol enables, such as asset swaps and transfers, governance voting, farming strategies, NFTs, oracle data, and much more. This facilitates overall composability and allows new cross-chain applications and primitives to be built. The protocol enables users to transfer not only assets but any arbitrary asset and data that will be executed on the target chain.
With security being a continuous priority, deBridge has been audited by Halborn, Zokyo, and Ackee Blockchain and maintains an ongoing bug bounty program on Immunefi.
“The launch of Mainnet marks deBridge’s official entry into an exciting new era of the multi-chain ecosystem following the explosive development of DeFi, NFTs, and DAOs powered by a multitude of chains. deBridge’s goal is to be the standard for cross-chain interoperability and liquidity transfers to interconnect the industry’s innovations, making the crypto world more united.”
- Co-Founder & CEO of deBridge, Alex S...
|Binance Backs WOO Network With A $12 Million Strategic Investment
Binance is the largest exchange platform in trading volume within the crypto industry. Through its user-friendly interface, the exchange has over 20 million users. In addition, the platform supports several cryptocurrencies that would boost an investor’s portfolio. In its move to enhanced performance and services to customers, Binance has a strategic investment of $12 million through its venture capital arm. The investment is in a liquidity platform, WOO Network. This liquidity platform connects users to exchanges, DeFi networks, and other institutions. Binance Labs, which kicked off in 2017, has committed relationships through early-stage investments in several companies. Also, Binance took part in bigger fundraising rounds like the $10 million Series C fundraising round for Figment, a crypto staking company. Thoma Bravo was in the lead of this fundraising project. Through a press release, Binance Labs Investment Director Peter Huo put forth his reactions to the company's investment. First, he acknowledged WOO Network’s remarkable impact on the entire crypto ecosystem using its features and functionality. Also, he mentioned the Network provision of zero-fee trading through on-chain and off-chain and deep liquidity. Furthermore, Huo expressed his company’s excitement through its long-lasting relationship expansion. The Binance Director commented that the company uses the investment to explore its collaborations further. Binance Invests in WOO Due To Impressive Growth WO...