Market Cap:
$1 613 224 898 870
(▼2.68%)
- Volume 24h: $102 671 773 465 (6.36%)
- Market Cap Change 24h: ▼2.68%
- BTC dominance: 44.71%
Mercurial
MER
CMC Rank: 500
- USD: $0.56
1h: ▲0.8% 24h: ▼0.26% 7d: ▼16.68%
- BTC: 0.000016 BTC
All Time High: $1.90 2 years ago
Current price is -71 % from ATH
Current price is -71 % from ATH
- Cap: $30 574 716
- Vol 24h: $92 497 (0.30 %)
- Circulating: 55 000 000 MER (5.5 %)
- Total: 1 000 000 000 MER
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About Mercurial
Mercurial is stableswaps on steroids. On top of high efficiency/ low slippage swaps, we introduce dynamic fees and dynamic capital allocations to greatly improve profit potential for LPs, and liquidity depth for users.
Two major innovations:
- Dynamic fees: where fees are increased in periods of high volatility to increase LP profit and lowered in periods of low volatility to increase trading incentives
- Dynamic capital allocation: where we deploy assets in the pools to yield generating opportunities across the Solana ecosystem.
Mercurial aims to become the “one stop shop” for stable liquidity, helping to improve diversity and liquidity for stables on Solana, which is a major part of the DeFi use cases.
Two major innovations:
- Dynamic fees: where fees are increased in periods of high volatility to increase LP profit and lowered in periods of low volatility to increase trading incentives
- Dynamic capital allocation: where we deploy assets in the pools to yield generating opportunities across the Solana ecosystem.
Mercurial aims to become the “one stop shop” for stable liquidity, helping to improve diversity and liquidity for stables on Solana, which is a major part of the DeFi use cases.
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