Osmosis
OSMO
Rank #326
0.03561347
24h
24h:
+1.96%
7d:
-2.8%
30d:
+28.7%
Market Cap
27.991M
24h:
+1.13%
Volume
1.945M
Circulating Supply
786.497M OSMO
Total Supply
974.439M OSMO
A Cosmos SDK-based proof of stake blockchain, Osmosis is tailored to support automated market maker (AMM) apps, including its decentralized exchange. Differing from traditional order book exchanges, AMMs enable assets to be traded against liquidity pools in a permissionless way. Within this ecosystem, liquidity providers (LPs) are pivotal, depositing tokens into pools. Prices in these pools are set through algorithms, incentivizing users to become LPs by offering a share of transaction fees.
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