SpiritSwap сryptocurrency price. Market

SpiritSwap is a decentralized exchange (DEX) built on the Fantom Opera Chain. Its layout follows the Uniswap constant-product automated market maker (AMM) model. With an AMM, liquidity providers supply a matching pair of tokens, and a preset algorithm automatically creates markets for that token combination. Traders can swap tokens inside the pool using the AMM’s pricing, receiving set swap rates. Every trade on SpiritSwap charges a fee, and that fee is shared with liquidity providers as compensation for providing liquidity.

SpiritSwap gives users an uncomplicated method to supply liquidity on Fantom through automated liquidity pools (LPs). To become a liquidity provider, a user deposits equal value amounts of two tokens. In exchange, they receive SPIRIT-LP tokens (SpiritSwap Liquidity Pool tokens). SPIRIT-LP tokens reflect the user’s proportional stake in the provided LP, and liquidity providers can withdraw their underlying tokens at any time. For each swap executed in their token pair, liquidity providers earn a 0.25% fee. This 0.25% fee is added back into the LP, which increases the value of SPIRIT-LP tokens. Liquidity providers may also join yield farming using supported LPs.

SPIRIT token:

Protocol tokenEarned by farmersCan be locked to obtain inSPIRIT.

SpiritSwap Markets

Exchange	Pair	Last Price	Change (24H)	High (24h)	Low (24h)	Spread	Volume (24h)

SpiritSwap News

Popular Cryptocurrencies

Growth Leader (24 hours)

dYdX

+14.23%

$0.137

Leader in trading volume (24 hours)

Bitcoin

$14.4B

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