SPARTA

Spartan ProtocolSPARTA

Rank #556
Token
On 9,137 watchlists

Spartan Protocol Price (SPARTA)

$0.9312
12.41%

0.00001643 BTC10.46%

0.0002165 ETH3.71%

Low:$0.8048
High:$1.13
24h
SPARTA  Spartan Protocol SPARTAPrice: $0.9312 12.41%
Market Cap
$60,323,975
12.41%
Fully Diluted Market Cap
$279,367,064
12.41%
Volume
24h
$9,158,101
102.84%
Volume / Market Cap
0.1518
Circulating Supply
64,779,262.75 SPARTA
22%
Max Supply
300,000,000
Total Supply
64,808,881

Spartan Protocol Chart

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SPARTA Price Live Data

The live Spartan Protocol price today is $0.931224 USD with a 24-hour trading volume of $9,158,101 USD. Spartan Protocol is up 12.41% in the last 24 hours. The current CoinMarketCap ranking is #556, with a live market cap of $60,323,975 USD. It has a circulating supply of 64,779,263 SPARTA coins and a max. supply of 300,000,000 SPARTA coins.

If you would like to know where to buy Spartan Protocol, the top exchanges for trading in Spartan Protocol are currently Binance, MXC.COM, BKEX, and Anyswap. You can find others listed on our crypto exchanges page.

What Is Spartan Protocol (SPARTA)?

The Spartan Protocol is intended to provide incentives for deep capital formation in liquidity pools with safe and sustainable creation of synthetic assets. It claims to be the first major liquidity project on the Binance Smart Chain (BSC), which was chosen thanks to its near-instantaneous settlements and low gas fees.

The Spartan Protocol is a liquidity protocol for asset exchange and synthetic asset generation on the BSC; its foundation are the liquidity pools, similarly to Uniswap. Instead of a fixed-rate fee model, it uses a liquidity-sensitive fee model.

The Spartan Protocol uses elements of other well-established projects to create a platform that runs on the BSC instead of the Ethereum (ETH) network.

Who Are the Founders of Spartan Protocol?

The Spartan Protocol project has been developed in a decentralized manner from the moment of its inception and has no official team or treasury.

What Makes Spartan Protocol Unique?

SpartanPools are Spartan Protocol’s incentivized liquidity pools that drive on-market capital formation. The liquidity pools are facilitated by an automated market maker (AMM) algorithm that has liquidity-sensitive fees. The fees are there to ensure that the system can detect correct token purchasing at all times, allowing for scalable and risk-tolerant growth.

SpartanSynths is a protocol that allows for the generation of synthetic assets through the use of price anchors offered by its own liquidity pools and collateralized by liquidity pool shares. The liquidity pool shares are on-market, value-stabilized and can be instantly liquidated. Liquidity-sensitive fees ensure that positions taken up will scale with the depth of the available liquidity, preventing the deleveraging spirals that are common in many similar systems.

SpartanLending works when synthetic token minters short the value of their tokens and long the value of their collateral. By winding up their position they can achieve leverage. The opposite is true for those that want to long a token with leverage. Lending is possible through the use of a system of fees and collateralized debt. The liquidation of unhealthy positions is done instantly through liquidity pools.

SpartanDAO is a mechanism that is used to govern the entire ecosystem and distribute protocol incentives.

SPARTA is a fixed-supply network asset that coordinates participation and incentivizes capital formation for synthetic assets and lending. The SPARTA token was initially distributed through a process known as proof-of-burn, where participants could choose to burn their assets in return for a share of the initial supply of 100,000,000 SPARTA tokens.

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How Many Spartan Protocol (SPARTA) Coins Are There in Circulation?

Spartan Protocol (SPARTA) has a circulating supply of 64,147,511 tokens and a maximum supply of 300,000,000 SPARTA as of March 2021.

How Is the Spartan Protocol Network Secured?

Spartan Protocol is based on the Binance Smart Chain, a VM-compatible delegated proof-of-stake (DPoS) blockchain with fast block times and a focus on decentralization.

Where Can You Buy Spartan Protocol (SPARTA)?

Spartan Protocol (SPARTA) can be traded on the following exchanges:

Check out CoinMarketCap’s guide on how to buy Bitcoin and other cryptocurrencies to learn more.

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SPARTA

Spartan Protocol

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USD

United States Dollar

SPARTA Price Statistics

Spartan Protocol Price Today
Spartan Protocol Price$0.9312
Price Change24h$0.1028
12.41%
24h Low / 24h High
$0.8048 /
$1.13
Trading Volume24h$9,158,101.34
102.84%
Volume / Market Cap0.1518
Market Dominance0.00%
Market Rank#556
Spartan Protocol Market Cap
Market Cap$60,323,974.89
12.41%
Fully Diluted Market Cap$279,367,064.37
12.41%
Spartan Protocol Price Yesterday
Yesterday's Low / High
$0.7898 /
$1.13
Yesterday's Open / Close
$0.8902 /
$0.9729
Yesterday's Change

9.29%

Yesterday's Volume$8,390,327.90
Spartan Protocol Price History
7d Low / 7d High
$0.7898 /
$1.49
30d Low / 30d High
$0.7898 /
$1.95
90d Low / 90d High
$0.7898 /
$2.47
52 Week Low / 52 Week High
$0.03035 /
$2.47
All Time High
Feb 19, 2021 (3 months ago)
$2.47
62.25%
All Time Low
Nov 03, 2020 (6 months ago)
$0.03035
2968.13%
Spartan Protocol ROI

609.95%

Spartan Protocol Supply
Circulating Supply64,779,263 SPARTA
Total Supply64,808,881 SPARTA
Max Supply300,000,000 SPARTA