As a next-generation Automated Market Maker (AMM), Wavelength utilizes the Balancer V2 model to achieve our goal of becoming the premier liquidity hub for the entirety of Velas’ DeFi landscape.
Inspired by Balancer’s innovation in the DeFi industry, we decided to leverage their technology and bring a suite of exciting features to Velas - namely Automated Index Funds.
Other exciting features aim to maximize capital efficiency for traders through low slippage trading and effective stableswaps, essentially revolutionizing DeFi on Velas. Wavelength will enable higher on-chain volumes, more cost-effective trading, and even custom AMMs.
What is the highest value Wavelength (WAVE) has ever reached?
Wavelength (WAVE) reached its peak price at 0.4568 $ on 28 October 2022, approximately 3 years ago ago. Presently, the current price is -97.66% lower than this all-time high.
What is the historical minimum price for Wavelength (WAVE)?
The minimum price reached for Wavelength (WAVE) was 0.01095 $, documented on 07 August 2024, more than a year ago. In comparison, the current price is -2.55%, it low this historical low.
What is the fully diluted valuation of Wavelength (WAVE)?
The fully diluted valuation (FDV) of Wavelength (WAVE) stands at $ 71,501. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 10,000,000 WAVE tokens. The realization of this FDV might take several years depending on the emission schedule of WAVE tokens.