Osmosis
OSMO
Rank #277
0.0277436
24h
24h:
-1.08%
7d:
-16.43%
30d:
-22.34%
Market Cap
21.707M
24h:
-1.09%
Volume
2.642M
Circulating Supply
782.602M OSMO
Total Supply
975.675M 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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