Mercurial is stableswaps on steroids. On top of high efficiency/ low slippage swaps, we introduce dynamic fees and dynamic capital allocations to greatly improve profit potential for LPs, and liquidity depth for users.
Two major innovations:
- Dynamic fees: where fees are increased in periods of high volatility to increase LP profit and lowered in periods of low volatility to increase trading incentives
- Dynamic capital allocation: where we deploy assets in the pools to yield generating opportunities across the Solana ecosystem.
Mercurial aims to become the “one stop shop” for stable liquidity, helping to improve diversity and liquidity for stables on Solana, which is a major part of the DeFi use cases.
Where is Mercurial available for purchase?
You can exchange MER tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Mercurial is Raydium, notably the MER/USDC pair, which saw a trading volume of $ 20.92 in the past day.
What is the highest value Mercurial (MER) has ever reached?
Mercurial (MER) reached its peak price at 1.9 $ on 22 May 2021, approximately 4 years ago ago. Presently, the current price is -99.99% lower than this all-time high.
What is the historical minimum price for Mercurial (MER)?
The minimum price reached for Mercurial (MER) was 0.0000735 $, documented on 25 June 2024, more than a year ago. In comparison, the current price is 38.1%, it above this historical low.
What is the fully diluted valuation of Mercurial (MER)?
The fully diluted valuation (FDV) of Mercurial (MER) stands at $ 115,612. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 1,000,000,000 MER tokens. The realization of this FDV might take several years depending on the emission schedule of MER tokens.