- #4929
Cykura CYS
CYS Price
Market Cap
--Rank #4929FDV
$668,800.00Rank #6579Investors
Twitter Followers
Twitter Performance
405Rank by Twitter #3529- 0
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- 4000
Detailed Performance
CYS shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
CYS to USD Converter
Price History
- All-Time High
- $6.761011x to ATH
- All-Time Low
- $0.003052.19x to ATL
- Trade Launch Date
- 9 Sep, 2021
958 days ago
Fundraising
See more- ICO Price
- $0.35
- Funds Raised
- $2.12 M
- Tokens Sold
- 11.40 M CYS
Exchanges
Exchanges type
About CYS
Cykura is an automated market maker (AMM) built on the Solana blockchain. It aims to solve the problem of capital inefficiency and maximize returns for liquidity providers while offering a smooth and fast trading experience. Cykura utilizes concentrated liquidity and the low-cost Solana blockchain to eliminate pain points faced by liquidity providers in the decentralized finance (DeFi) space. It features a developer grants program, liquidity incentives program, governance launch, and automated liquidity management. The platform has its native token called CYS, which serves as a governance token and value accrual mechanism. Cykura's tokenomics include three fee tiers and a distribution model that benefits liquidity providers, the market, and the platform's treasury.
What makes Cykura unique?
Cykura stands out from other cryptocurrencies due to its unique features and offerings. Firstly, it is an Automated Market Maker (AMM) that addresses the issue of capital inefficiency and maximizes returns for liquidity providers. This means that liquidity providers on Cykura can earn higher profits by placing their assets at price intervals of their choice, giving them the freedom to distribute their liquidity as they see fit.
Additionally, Cykura operates on the lightning-fast and low-cost Solana blockchain, providing a smooth and fast experience for traders. This eliminates the common pain points of high gas fees and slow transaction times faced by liquidity providers in the DeFi space.
Furthermore, Cykura has a comprehensive roadmap for future development. It has plans to launch a Liquidity Incentives Program and a governance system in the second quarter of 2022. This demonstrates their commitment to continuously improving and expanding their platform.
In terms of tokenomics, the CYS token serves as a governance token and a value accrual mechanism. It offers three fee tiers, allowing liquidity providers to choose their risk appetite. The more tightly they set their price interval, the higher fees they can earn on Cykura. Moreover, a significant portion of the trading fees goes directly to liquidity providers, incentivizing their participation and rewarding them for meeting market demand.
Overall, Cykura's combination of concentrated liquidity, Solana blockchain integration, and innovative tokenomics set it apart from other cryptocurrencies, offering a unique and beneficial platform for liquidity providers and traders.
Live Cykura Price Data
The current price of Cykura (CYS) is approximately $0.006688, reflecting a decrease of -5.18% in the last 24 hours. The CYS trading volume in the last 24 hours stands at $18,617.05.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Cykura's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on CYS, check out our crypto insights page.
Official Links
CYS to USD Converter
Price History
- All-Time High
- $6.761011x to ATH
- All-Time Low
- $0.003052.19x to ATL
- Trade Launch Date
- 9 Sep, 2021
958 days ago
Fundraising
See more- ICO Price
- $0.35
- Funds Raised
- $2.12 M
- Tokens Sold
- 11.40 M CYS