Osmosis
OSMO
Rank #193
0.04811456
24h
24h:
+3.61%
7d:
+30.42%
30d:
-39.29%
Market Cap
37.391M
24h:
+3.48%
Volume
6.164M
Circulating Supply
777.123M OSMO
Total Supply
977.554M 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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