Rank: 1273
156 Watchlists
Blockchain Infrastructure
SWTH Price
Contracts/Explorers:
Ethereum
Funds and Backers
Wallets
No wallets found yet
Carbon is a layer-2 cross-chain decentralized protocol that powers anything DeFi
Links
ICO
17 Mar 2018
Raised
N/A
Price:
$ 0.016
ROI:
0.33x -66.6%
Platform:
N/A
ATH ROI:
6.48x +548.3%
Market Cap
$ 9.15M
FDV
$ 11.56M
ATH Market Cap
$ 146.22M
24 Trade Vol.
$ 27.92K
Vol. (24h) / MCap
0.00305
Max Supply
SWTH 2,160,000,000
Total Supply
SWTH 2,160,000,000
Circulating Supply
SWTH 1.71B
(79.1% of Max Supply)
Listing Date
2 Apr 2018
ICO Price
$ 0.016
17 Mar 2018
ICO ROI
0.334x
All Time High
$ 0.104
28 Mar 2021
All Time Low
$ 0.00168
3 Dec 2019
From ATH
From ATL
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:
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.
Carbon Protocol's current price is $ 0.00535, it has increased +5.28% over the past 24 hours.
Carbon Protocol's All Time High (ATH) of $ 0.104 was reached on 28 Mar 2021, and is currently -94.8% down.
The current circulating supply of Carbon Protocol is 1.71 Billion tokens, and the maximum supply of Carbon Protocol is 2.16 Billions.
Carbon Protocol’s 24 hour trading volume is $ 27.92 Thousands.
Carbon Protocol's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 9.15 Million.
You can find more details about Carbon Protocol on its official website and on the block explorer.
Merlin Chain
$ 0.367
Taboo Token
$ 0.00109
Polygon
$ 0.740
Engines of Fury
$ 0.452
ApeCoin
$ 1.31
Axelar
$ 1.01
Kamino
$ 0.061