ParaSwap Price

ParaSwap (PSP) is a decentralized exchange (DEX) token and DeFi cryptocurrency operating on the Ethereum platform. It's designed to facilitate efficient token swaps across multiple blockchains, including Ethereum, BNB Chain, Polygon, Fantom, and Optimism. As of 2025-07-31, ParaSwap ranks #795 among cryptocurrencies with a price of $0.02346 and a 24-hour trading volume of $74.38K. The token has a circulating supply of 1.55B PSP PSP and a total supply of 1.8B PSP PSP, with a maximum cap set at 2B PSP PSP. ParaSwap's market capitalization stands at $36.41M, representing 77.61% of its fully diluted valuation. The project aims to optimize DeFi trading by aggregating liquidity from various sources, offering users the best possible rates for their transactions. With its multi-chain presence and focus on intent-based trading, ParaSwap is positioning itself as a key player in the evolving DeFi landscape for 2025 and beyond.

ParaSwap was created on November 15, 2021. It was launched as an ERC-20 token on the Ethereum blockchain. ParaSwap serves as the native utility token for the ParaSwap protocol, which is a decentralized exchange aggregator aiming to provide the best rates for token swaps across multiple DEXs. Since its creation, ParaSwap has expanded to other blockchain networks including Polygon, BNB Chain, Fantom, and Optimism. The token plays a crucial role in the ParaSwap ecosystem, being used for governance, staking, and fee discounts on the platform. As of 2025-07-31, ParaSwap has a circulating supply of 1.55B PSP tokens out of a total supply of 1.8B PSP tokens, with a maximum supply cap set at 2B PSP tokens.

The founders of ParaSwap (PSP) are not publicly disclosed. ParaSwap was launched in November 2021 as the native token of the ParaSwap decentralized exchange aggregator. The project was developed by a team of blockchain and DeFi experts, but they have chosen to remain anonymous. This is not uncommon in the cryptocurrency space, where many projects are led by pseudonymous or anonymous founders to maintain privacy and security. Despite the lack of public founder information, ParaSwap has gained traction in the DeFi ecosystem, currently ranking 795 with a price of $0.02346 and a market cap of $36.41M. The project focuses on providing efficient token swaps across multiple decentralized exchanges and blockchains, aiming to optimize trading for users in the decentralized finance space.

ParaSwap (PSP) is a decentralized cryptocurrency that operates on multiple blockchain platforms, including Ethereum, BNB Chain, Polygon, Fantom, and Optimism. It functions as a utility token for the ParaSwap decentralized exchange (DEX) aggregator. The ParaSwap token is used to incentivize liquidity providers and traders on the ParaSwap platform. Users can stake PSP to earn rewards and participate in governance decisions. The token also provides fee discounts for traders using the ParaSwap DEX aggregator. ParaSwap has a maximum supply of 2B PSP tokens, with 1.55B PSP currently in circulation. The token's price is $0.02346, with a 24-hour trading volume of $74.38K. Its market capitalization stands at $36.41M, ranking it 795 among all cryptocurrencies. The ParaSwap ecosystem continues to expand, with ongoing development and partnerships in the DeFi space. As of 2025-07-31, the project aims to enhance its cross-chain capabilities and improve its DEX aggregation algorithms to provide users with better trading experiences and more efficient liquidity routing across multiple blockchain networks.

ParaSwap utilizes a multi-chain architecture, operating primarily on Ethereum but also supporting other networks like Polygon, Fantom, BNB Chain, and Optimism. Its core is built on smart contracts that enable decentralized token swaps across various liquidity sources. The PSP token is an ERC-20 asset on Ethereum, with cross-chain bridges facilitating its presence on other supported blockchains. The system employs advanced routing algorithms to find the most efficient swap paths, aggregating liquidity from multiple decentralized exchanges and protocols. This architecture allows for optimal pricing and reduced slippage for users. Security features include audited smart contracts and a decentralized governance model where PSP token holders can participate in decision-making processes. The platform also incorporates oracle integration for accurate price feeds and employs gas optimization techniques to reduce transaction costs. As of 2025-07-31, ParaSwap has a circulating supply of 1.55B PSP and a total supply of 1.8B PSP. The current price is $0.02346, with a 24-hour trading volume of $74.38K. The market cap stands at $36.41M, ranking it 795 among cryptocurrencies.

The future of ParaSwap looks promising. As a decentralized exchange (DEX) aggregator, ParaSwap aims to provide users with the best trading rates across multiple DEXs. The roadmap includes expanding to more blockchain networks, improving the aggregation algorithm, and enhancing user experience. By 2026, ParaSwap plans to integrate with additional DEXs and implement advanced features like gas optimization and slippage protection. In 2027, the focus will be on developing cross-chain swaps and introducing innovative DeFi products. Looking further ahead to 2030, ParaSwap aims to become a leading DeFi infrastructure provider, offering a comprehensive suite of decentralized trading and financial services. The team is also exploring potential integrations with layer 2 solutions to improve scalability and reduce transaction costs. The long-term vision for ParaSwap includes becoming a key player in the broader Web3 ecosystem, facilitating seamless asset transfers and trades across multiple chains and protocols. By 2035, ParaSwap aspires to be at the forefront of decentralized finance innovation, continuously adapting to new technologies and market demands. With its current market cap of $36.41M and a strong focus on user-centric development, ParaSwap is well-positioned to achieve significant growth and adoption in the coming years.