Kava Swap (SWP) is the 1685th largest cryptocurrency in the world by market cap, valued at $1,695,500. The current price of Kava Swap is $0.03391, which is 3.565% higher than yesterday. Prices have ranged between $0.0334584 and $0.03216763 over the past 24 hours. All prices are listed in US dollars and accurate as of March 27, 2023 06:03 UTC.
What is Kava Swap?
Kava Swap is a decentralized automated market maker built within the Kava ecosystem. The primary purpose of Kava Swap is to provide cross-chain liquidity infrastructure to businesses and investors across the Ethereum and Cosmos networks.
Kava Swap, and the Kava ecosystem as a whole, is powered by the Tendermint consensus engine.
The Kava Swap application provides a number of liquidity pools for investors to participate in, including KAVA, BNB, and ATOM/USDX trading pairs. Those that contribute to liquidity pools are entitled to a portion of the 0.15% transaction fee. In general, the platform for Kava Swap is a new way for investors to leverage the huge range of assets supported and held in the Kava ecosystem and to earn additional interest on their assets.
SWP is the native token of the Kava Swap application. It acts as the governance token for the platform. Holders of SWP are able to vote on proposals regarding adding new liquidity pools, changing the transaction fee, and other updates to the protocol. Additionally, SWP is part of a liquidity pool that investors can contribute to in order to receive rewards.
How we keep this Kava Swap guide up-to-date
- SWP price data is regularly updated through data feeds so you always have the latest information.
- Kava Swap performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.
Kava Swap at a glance
Basic stats for Kava Swap
Kava Swap performance over time
Kava Swap fundamental and technical analysis
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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