XSwap Protocol is the first decentralized exchange (DEX) that utilizes an automated market maker (AMM) system on the Xinfin network XDC.
Its vision is to grow the Xinfin network by enabling emerging projects to enter the market directly after the completion of their development period. It allows and facilitates the swap and exchange of XRC-20 tokens thereafter.
The developers of XSWAP chose Xinfin XDC network for the following reasons:
Xinfin is a hybrid blockchain platform that is built to modernize the global trade and finance sector through an accessible, efficient and highly versatile decentralized infrastructure solution.
Xinfin is designed to complement the legacy financial ecosystem by providing a permissioned blockchain that governments, enterprises, and private firms can use to overhaul their tech stack and power a range of novel use cases.
XDC is the coin of Xinfin and it will be used in the XDC Swap as a mediator like Ethereum’s ETH in Uniswap AMM.
Moreover, XSWAP wants to utilize Xinfin’s technology, which supports smart contracts and processes 2000 transactions per second (TPS) at the lowest possible fee with an almost instant transaction confirmation of as fast as two seconds.
Xinfin is a much-evolved GREEN hybrid blockchain.
Where is XSwap Protocol available for purchase?
You can exchange XSP tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading XSwap Protocol is XSwap Protocol V3, notably the XSP/WXDC pair, which saw a trading volume of $ 14,962.41 in the past day. Additionally, XSwap and ProBit Global are popular alternatives for trading tokens.
What is the highest value XSwap Protocol (XSP) has ever reached?
XSwap Protocol (XSP) reached its peak price at 0.01451 $ on 01 December 2021, approximately 4 years ago ago. Presently, the current price is -97.06% lower than this all-time high.
What is the historical minimum price for XSwap Protocol (XSP)?
The minimum price reached for XSwap Protocol (XSP) was 0.000228 $, documented on 19 October 2024, more than a year ago. In comparison, the current price is 86.64%, it above this historical low.
What is the fully diluted valuation of XSwap Protocol (XSP)?
The fully diluted valuation (FDV) of XSwap Protocol (XSP) stands at $ 6,95 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 13,000,000,000 XSP tokens. The realization of this FDV might take several years depending on the emission schedule of XSP tokens.