Suiswap is a decentralized cryptocurrency exchange built on the SUI blockchain, with the aim of providing a platform that is secure, efficient, and user-friendly for users to trade their cryptocurrencies. Its purpose is to overcome the limitations of traditional centralized exchanges by leveraging the power of blockchain technology to facilitate peer-to-peer transactions.
The Suiswap platform operates with the SSWP token, serving multiple functions and utilities within the Suiswap ecosystem. Key functions of the SSWP token include:
1. Governance: SSWP token holders have the power to influence the direction of the Suiswap platform by participating in governance votes on various proposals related to the platform's operations and development.
2. Liquidity Provision Rewards: Users who provide liquidity to the Suiswap platform are rewarded with SSWP tokens. This encourages more users to participate in providing liquidity, which in turn enhances the overall trading experience on the platform by reducing slippage and improving price discovery.
3. Staking: SSWP token holders can stake their tokens to earn rewards. This not only provides an additional source of income for SSWP holders, but also helps to maintain the stability of the Suiswap platform by encouraging users to hold and stake their tokens rather than selling them.
4. Payment for Gas Fees: In the future, SSWP tokens will be used for payment of transaction fees (Gas fees) within the SUI blockchain through Suiswap Wallet. This functionality would enrich the utility of SSWP tokens, enhancing their inherent value.
Suiswap intends to be a long-term, sustainable protocol that can contribute to the development of the broader SUI blockchain ecosystem. With its distinct tokenomics and comprehensive functionalities, Suiswap seeks to deliver an unparalleled decentralized trading experience for its users.
Where is Suiswap available for purchase?
You can exchange SSWP tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Suiswap is Cetus, notably the SSWP/CETUS pair, which saw a trading volume of $ 119.54 in the past day.
What is the highest value Suiswap (SSWP) has ever reached?
Suiswap (SSWP) reached its peak price at 0.004585 $ on 15 January 2024, approximately 2 years ago ago. Presently, the current price is -99.57% lower than this all-time high.
What is the historical minimum price for Suiswap (SSWP)?
The minimum price reached for Suiswap (SSWP) was 0.05178 $, documented on 10 July 2025, more than a month ago. In comparison, the current price is 1,004.49%, it above this historical low.
What is the fully diluted valuation of Suiswap (SSWP)?
The fully diluted valuation (FDV) of Suiswap (SSWP) stands at $ 53,412. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 10,000,000,000 SSWP tokens. The realization of this FDV might take several years depending on the emission schedule of SSWP tokens.