XPTP

xPTP price 
XPTP

$0.005578  

10.74% (1d)

xPTP to USD Chart

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XPTP statistics
Market cap
 

0.00%

$0
#6881
Volume (24h)
 

27.29%

$198
#6533
Volume/Market cap (24h)
 
--
Self-reported circulating supply
 
0 XPTP
0.00%
Total supply
 
0 XPTP
Max. supply
 
300,000,000 XPTP
Fully diluted market cap
 
$1,673,451
XPTP to USD Converter
XPTP
USD
Price performance
24h 
Low
$0.005175
High
$0.005578
All-time high
Apr 13, 2022 (2 years ago)
$3.40
-99.84%
All-time low
Feb 08, 2024 (2 months ago)
$0.002101
+165.45%
See historical data
Popularity
In watchlists184x
8835th / 9.7K
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About xPTP

Vector Finance is a protocol that synergistically integrates with Platypus Finance. Vector enables users to generate boosted yields on their stablecoins, even if they don’t own any PTP.

Vector is able to do this by aggregating PTP from users who choose to convert their PTP into xPTP. In doing so, Vector also unlocks utility for the PTP token: users who convert their PTP into xPTP receive ~71% of all yield generated by the protocol. This allows for better capital efficiency and a more diverse user base for Platypus.

VTX (Vector's governance token) receives a share of Vector's revenue (~29%) and unlocks the highly sought after voting power from PTP holders who may not be as concerned with governance. VTX is rewarded to xPTP stakers, stablecoin depositors, and liquidity providers.