Currencies34761
Market Cap$ 4.06T-0.19%
24h Spot Volume$ 59.49B+9.21%
DominanceBTC54.41%-0.30%ETH13.12%+1.07%
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Onchain Trade

Onchain Trade OTPrice N/A

OT Price

N/A

General Info

Contracts/Explorers:

Tags (Sub-Categories):

# Inactive

Description

OT is an onchain money market & DEX on zkSync and Base L2.

Onchain Trade (OT) Chart

Onchain Trade price Index provides the latest OT price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

ICO

Raised

$ 740.00K

Price:

$ 0.15

Tokens For Sale:

4,933,333

Platform:

N/A

ATH ROI:

4.06x  +306.1%

Additional Data

Max Supply

OT 100,000,000

Total Supply

OT 100,000,000

    ICO ROI

    100%

    0.00x

    All Time High

    $ 0.609

    17 Apr 2023


    All Time Low

    $ 0.00…241

    30 Oct 2024

    Trending Onchain Trade Fiat Pairs

    What is Onchain Trade (OT)?

    What is OT?

    OT is a DeFi protocol allows single token liquidity pools (instead of pool pairs). This is made possible by grouping deposited tokens into a virtual pair with the native OSD stablecoin. Single token liquidity pools are more capital-efficient, resulting in a more optimized experience for all participants including traders, liquidity providers and third party projects.

    Problems OT is trying to solve

    1. High capital cost for project launch, unlike with AMMs that require two side liquidity provision, projects can launch token with zero extra capital on OT, liquidity providers only have to deposit one token to the liquidity pool using OT.

    2. High slippage on traditional AMMs, same size of trading causes much smaller slippage for traders on OT by combing lending/borrow pools with swap pools

    3. Inefficient capital. Traditional AMMs are highly inefficient when it comes to capital usage. With OT, LPs will receive fees for both swaps and borrowing, borrowers can borrow directly from swap pools.

    4. Convoluted smart contract routing results high trading cost for indirect pairs in traditional AMMs, in which case when users want to swap A to D, actual trading route might be A-b-c-d, which results way higher gas and trading fees, plus higher slippage. In OT, all assets are virtually paired with OSD, all non-OSD assets can be traded through OSD, i.e. A-OSD- B, which is charged 0.3%(max 0.06% for stable coin swap) only once with much lower slippage.

    5. The overall fragmentation status in DeFi, users have to hop between different applications to swap, borrow and trade, OT allow users enjoy an integrated DeFi user experience.

    Trending Coins and Tokens Flame icon