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Swerve DAO Token

SWRV # 888
$ 0.1206
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Use the calculator to convert real-time prices between all available cryptocurrencies and fiat.

SWRV - Swerve DAO Token
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Price performance
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This is the price performance of Swerve DAO Token (SWRV). It shows the percentage gains and losses for each time period.

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Value statistics

An overview showing the statistics of Swerve DAO Token, such as the base and quote currency, the rank, and trading volume.

Price to USD $ 0.1206
Price to BTC 0.0000061 BTC
Rank
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888
24h volume
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$ 1.00 million
Market cap
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$ 2.12 million
Fully diluted market cap
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$ 2.39 million
All-time high (daily avg.)
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$ 3.26 on 4/11/2021

Supply information

View the total and circulating supply of Swerve DAO Token, including details on how the supplies are calculated.

Checkmark Verified supply
88.8%
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Updated 8 hours ago
Circulating supply
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17.55 million SWRV
Non-circulating supply
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-2.22 million SWRV
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Total supply
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19.77 million SWRV
Issuance blockchain
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What is Swerve DAO Token

Swerve’s native token is called Swerve token (SWRV) and it is supplied to the community without a reserve for founders or the team. SWRV has a total supply of 33,000,000 tokens, which are unlocked on a yearly basis, with all coins going to liquidity providers.

However, the first distribution of nine million SWRVs occurred 2 weeks after launch. The first year will see liquidity providers receive another 9 million SWRV tokens. The remaining 15 million tokens will then be equally spread over five years at a rate of 3,000,000 tokens per year.

Swerve ($SWRV) is a fork of Curve Finance ($CRV) that is 100% community-owned and governed. Decentralized finance (DeFi) projects came about because of a need to convenient access traditional banking services without centralisation. Some of DeFi’s most controversial areas include governance, pre-mining, and fixed allocation of coins to founders or shareholders of the respective platforms. This has led to DeFi systems being forked to create more transparent products. Swerve is one such fork. 

Swerve is a fork of Curve Finance. Curve Finance is a blockchain-based platform that powers the exchange of stablecoins. Its main advantage is the fact that dealing with stablecoins leads to minor slippage, increasing the profit margin for liquidity providers. Curve also has a decentralized autonomous organization (DAO) to enhance distributed governance through voting. Unfortunately, the platform’s founder, Micheal Egorov, holds more than half of the voting power. This led to Swerve’s birth to provide a platform that’s 100% owned by the community.

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Best exchanges to buy Swerve DAO Token

The top crypto exchanges that have Swerve DAO Token available for trading, ranked by 24h trading volume and the current price.

Exchange 24h volume
All SWRV exchanges

Markets

A list of the top Swerve DAO Token markets across all crypto exchanges based on the highest 24h trading volume, with their current price.

Market 24h volume
All SWRV markets
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