Market Cap
$ 918.18B
24h Spot Volume
$ 35.77B
BTC Dominance
17 Gwei


Carbon is a layer-2 cross-chain decentralized protocol that powers anything DeFi

Carbon Price

$ 0.004374.80


Switcheo TradeHub has been rebranded to Carbon. More info:

Carbon Market Cap

$ 7.47M 
Ƀ 384.76
FDMC: $ 9.44M 
ATH: $ 177.34M 

24h Trade Volume

$ 158.51K 
Ƀ 8.16
SWTH 36.26M


SWTH 1.71B(79.15%)
SWTH 2.16B
SWTH 2.16B

All-Time-High (ATH) Price

$ 0.104 (28 Mar 2021)
Ƀ 8.93e-6 (20 Apr 2018)
ETH 0.000232 (23 Aug 2020)
From ATH: -95.8%
To ATH: +2,272.9%

Carbon Live Chart

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

The Carbon to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

SWTH to USD Converter


Carbon Quarterly Returns (USD)


Carbon Closing Price (USD) - Quarterly

2022$ 0.0234$ 0.00416--
2021$ 0.0757$ 0.0174$ 0.0141$ 0.0154
2020$ 0.00273$ 0.00863$ 0.0288$ 0.0252
2019$ 0.00465$ 0.00442$ 0.00229$ 0.00265
2018-$ 0.0174$ 0.00742$ 0.00455

Carbon Monthly Returns (USD)


SWTH - USD Price Change

PeriodChangeChange (%)HighLow
24H$ 0.0002+4.8%$ 0.00446$ 0.0041
7D-$ 0.000234-5.07%$ 0.00493$ 0.0041
14D$ 0.000117+2.75%$ 0.00493$ 0.00363
1M-$ 0.0021-32.5%$ 0.00846$ 0.00363
3M-$ 0.0197-81.8%$ 0.0253$ 0.00363
6M-$ 0.0111-71.7%$ 0.0367$ 0.00363
YTD-$ 0.0111-71.7%$ 0.0367$ 0.00363
1Y-$ 0.0124-73.9%$ 0.0367$ 0.00363
3Y-$ 0.000199-4.35%$ 0.104$ 0.00168

Carbon Annual Price (USD)

2022-71.6%$ 0.0367$ 0.00363
2021-38.9%$ 0.104$ 0.00932
2020+851.3%$ 0.0904$ 0.0018
2019-41.7%$ 0.00744$ 0.00168
2018-62.6%$ 0.076$ 0.00332

Carbon Live Info Today

Carbon's current price is $ 0.00437, it has increased +4.8% over the past 24 hours.

Carbon's All Time High (ATH) of $ 0.104 was reached on 28 Mar 2021, and is currently -95.8% down.

The current circulating supply of Carbon is 1.71 Billion tokens, and the maximum supply of Carbon is 2.16 Billions.

Carbon’s 24 hour trading volume is $ 158.51 Thousands.

Carbon's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 7.47 Million.

You can find more details about Carbon on its official website and on the block explorer.

What is Carbon

Carbon is a decentralized layer 2 cross-chain trading protocol launched by Switcheo Labs, designed specifically to support trading of sophisticated & advanced financial instruments such as options, bonds and futures, at scale. Carbon is a custom-built sidechain that utilizes underlying technology from Cosmos Tendermint Core comprising:

  • Tendermint Core
  • Cosmos SDK
  • IBC protocol

As a layer 2 protocol, Carbon operates as a secondary framework that runs parallel to Layer 1 chains (i.e. Ethereum, Neo, Zilliqa), functioning independently while remaining anchored to their security. This enables faster trades, lower fees, support of sophisticated financial instruments, advanced order types, and cross-chain communication. The delegated Proof-of-Stake (dPOS) system built into Tendermint Core is utilized as Carbon's underlying consensus mechanism. This means the network is secured by a decentralized network of validator nodes that verify each transaction on the blockchain. 

Carbon enables cross-chain communication by acting as a bridge to sovereign blockchains, making use of a "relay chain" (Poly Network) to store and relay cross-chain transactions such as deposits and withdrawals between chains. This separate relay chain maintains block headers of participating chains which enables cross-chain communication. 

SWTH is the native governance token of Carbon. As the native governance token of Carbon, SWTH exists on different chains to open up the protocol to other blockchain ecosystems, enabling liquidity from external networks to flow into Carbon's ecosystem. With SWTH, anyone can be a liquidity provider on Carbon or external networks to earn from trading fees and additional farming incentives.

Carbon is a fully decentralized, community-driven development. With its on-chain governance feature, SWTH stakers are empowered to drive growth, enact changes and suggest improvements to the protocol. Powered by the SWTH token, stakeholders are entitled key decision-making power through their voting rights. 

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