Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure
Carbon (SWTH) is the native cryptocurrency and governance token of Carbon, a layer 2 trading protocol powering cross-chain financial markets and infrastructures.
As a custom-built sidechain, Carbon adopts the delegated Proof-of-stake (dPOS) consensus mechanism built into Tendermint Core, and is secured by staking SWTH with a decentralized network of validators. In return for their bond, stakers earn rewards from network and trading fees.
The protocol is highly composable, versatile and secure, making it easy for developers to implement and scale any kind of decentralized application while breaking blockchain barriers. Carbon is interconnected with a growing number of Layer 1 chains including Ethereum, BSC, Neo and Zilliqa. Carbon acts as the core of the multi-chain world while laying the foundation for the future of decentralized financial economies.
The live Carbon Protocol price today is $0.002842 USD with a 24-hour trading volume of $54,508.00 USD. We update our SWTH to USD price in real-time. Carbon Protocol is down 2.38% in the last 24 hours. The current CoinMarketCap ranking is #1352, with a live market cap of $4,505,778 USD. It has a circulating supply of 1,585,510,090 SWTH coins and a max. supply of 2,160,000,000 SWTH coins.