ParaSwap consolidates major DeFi exchanges to find the best rate by comparing and splitting trades across platforms like Uniswap, Kyber, and Curve.
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ParaSwap is a platform that combines various decentralized exchanges (DEXs) and DeFi services to simplify how users engage with decentralized finance on Ethereum. It connects to leading DEXs like Uniswap and Kyber. When a user wants to trade, for example, ETH for DAI, ParaSwap analyzes rates across different exchanges, considering the trade size. It aims to find the best rate, even if it means splitting the order across multiple DEXs.
As of now, ParaSwap is trading at 0.0189 USD, with a 24-hour trading volume of approximately 73.40K USD. The PSP to USD price is updated in real time. Over the past 24 hours, ParaSwap has decreased by 1.25%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 14.08M USD. Currently, there are 744 976 909 PSP in circulation out of a maximum supply of 1 800 000 000 PSP.
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
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