Carbon: Decentralized, cross-chain trading protocol for advanced financial instruments.
Carbon is a decentralized, cross-chain trading protocol for advanced financial instruments, using Cosmos Tendermint and a relay chain.
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What is Carbon Protocol (SWTH)?
Carbon is a decentralized layer 2 cross-chain trading protocol developed by Switcheo Labs. It's designed for trading complex financial instruments like options, bonds, and futures at scale. Built as a custom sidechain using Cosmos Tendermint Core technology (including Tendermint Core, Cosmos SDK, and IBC protocol), Carbon operates alongside Layer 1 blockchains like Ethereum, offering faster trades, lower fees, support for advanced order types, and cross-chain communication while maintaining the security of the underlying Layer 1. It uses a delegated Proof-of-Stake (dPOS) system. Carbon facilitates cross-chain communication through a relay chain (Poly Network). SWTH is Carbon's native governance token, existing on multiple chains to encourage liquidity and allow users to earn from trading f...
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Carbon Protocol price live information
As of now, Carbon Protocol is trading at 0.0012 USD, with a 24-hour trading volume of approximately 0 USD. The SWTH to USD price is updated in real time. Over the past 24 hours, Carbon Protocol has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 2.05M USD. Currently, there are 1 709 544 347 SWTH in circulation out of a maximum supply of 2 160 000 000 SWTH.
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