ApeSwap is a decentralised exchange (DEX) built on the Binance Smart Chain and Polygon. It offers a comprehensive suite of DeFi services, including token swaps, liquidity provision, staking, lending, borrowing, initial DEX offerings (IDOs), and margin trading. The platform aims to provide accessible financial services to crypto users through a transparent and community-driven approach.
ApeSwap operates as an Automated Market Maker (AMM) on the Binance Smart Chain, utilising smart contracts for executing trades and liquidity provision. It leverages the Proof of Staked Authority (PoSA) consensus mechanism for efficient transactions. The platform uses algorithms like the AMM model for trading and a potential use of Volume Weighted Average Price (VWAP) for pricing. ApeSwap's ecosystem includes two main tokens: BANANA and GNANA, which facilitate various functions such as rewarding liquidity providers and participating in governance.
ApeSwap can be used for diverse DeFi applications such as token trading, yield farming, and leveraging its lending network for borrowing and lending assets. It supports cross-chain assets, making it suitable for blockchain gaming and NFT marketplace applications. Partnerships with significant projects like Polygon and QuickSwap expand its utility, offering users access to exclusive pools and bonding solutions.
ApeSwap was founded in 2021 with the goal of creating a transparent and equitable DeFi platform. It quickly gained popularity, achieving substantial total value locked (TVL) and trading volumes. The platform was forked from PancakeSwap but has since developed unique features. It has expanded to include operations on the Polygon network and has shifted towards providing bonding solutions. The team behind ApeSwap is composed of experienced crypto enthusiasts who ensure constant community engagement and security through regular audits.
The ApeSwapFinance Banana price is $0.00099101 AUD, representing a -0.93% from the day prior.
The best place to buy ApeSwapFinance Banana (BANANA) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell ApeSwapFinance Banana (BANANA) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
The trading volume of ApeSwapFinance Banana (BANANA) is $6.0K AUD in the last 24hrs, representing a -0.93% from the day prior.
ApeSwapFinance Banana (BANANA) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
The current market cap of ApeSwapFinance Banana (BANANA) is $265.8K AUD.
Yes - With Coinstash you can convert your ApeSwapFinance Banana (BANANA) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
The current circulating supply of ApeSwapFinance Banana (BANANA) is 275.4M.
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