SaucerSwapSaucerSwap price SAUCE
- Market cap
- Volume (24h)
- Volume/Market cap (24h)
- Self-reported circulating supply
- 555,241,330 SAUCE
- Total supply
- 670,284,993 SAUCE
- Max. supply
- 1,000,000,000 SAUCE
- Fully diluted market cap
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SaucerSwap is the leading decentralized exchange protocol on the Hedera network, implemented as a set of non-upgradable smart contracts focused on censorship resistance, security, and self-custody.
SaucerSwap leverages the Hedera Token Service (HTS) for its rapid throughput and low-cost, U.S. dollar-denominated fee structure. Hedera's architecture ensures fair transaction ordering on SaucerSwap. This nullifies the possibility of MEV attacks seen in Ethereum-based protocols like Uniswap.
The protocol has two iterations: SaucerSwap V1 operates as a constant product AMM, while V2 introduces concentrated liquidity for better capital efficiency.
SAUCE, the native token of SaucerSwap, has multiple roles:
Governance: SAUCE enables token holders to participate in the SaucerSwap DAO, voting on ecosystem-wide proposals such as protocol upgrades and incentive alignments. Liquidity: Governed by the Masterchef smart contract, SAUCE is used to incentivize liquidity in SaucerSwap V1 and V2. Staking: SAUCE holders can stake their tokens to earn a share of trading fees, HBAR staking rewards, and emissions through an automated buyback mechanism.
For more information, visit https://docs.saucerswap.finance