- #1959
Pearl PEARL
PEARL Price
Market Cap
$3.29 MRank #1959FDV
$75.96 MRank #3189Investors
Twitter Followers
Twitter Performance
260WeakRank by Twitter #6490- 0
- 100
- 500
- 1000
- 1500
Detailed Performance
PEARL shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
PEARL to USD Converter
Price History
- All-Time High
- $0.53541.04x to ATH
- All-Time Low
- $0.0176429.10x to ATL
- Trade Launch Date
- 23 Jun, 2023
487 days ago
About PEARL
Pearl is a decentralized exchange (DEX) that aims to be the preferred platform for the emerging category of tokenized real world assets (RWA) in the DeFi space. It operates on the Polygon network and focuses on providing deep liquidity for on-chain trading of digital assets and tokenized RWAs. Pearl is powered by USDR, a stablecoin that is required in token pairs with gauges. The unique feature of Pearl is its bribe-driven economy, where increasing value of "sticky bribes" drives demand for Pearl tokens. Liquidity pool voters receive USDR yield through an autobribing system, which helps boost the total value locked (TVL) in the protocol. As the TVL increases, the bribes for voters also increase, making Pearl emissions more valuable and driving up the price of Pearl tokens.
What makes Pearl unique?
Pearl stands out from other cryptocurrencies due to its unique features and focus on real-world assets. It operates as a bribe-driven economy, powered by the stablecoin USDR, which is used in token pairs with gauges. The protocol skims the native yield of USDR and redirects it to bribe pools, providing incentives for voters.
Pearl employs a ve(3,3) flywheel model, where increasing value of sticky bribes drives the demand for vePearl tokens. Holders of vePearl tokens can receive bribes and pool fees. Additionally, liquidity pool voters receive USDR yield through an autobribing system.
One key aspect of Pearl is its aim to become the preferred decentralized exchange (DEX) for the emerging category of tokenized real-world assets (RWA) in the DeFi space. It has formed a strategic alliance with Tangible and actively seeks partnerships with other protocols to build liquidity for these assets.
Furthermore, Pearl implements token whitelisting for gauges, focusing liquidity on the network's top projects and products. It strives to offer high yields on blue-chip digital assets and tokenized RWAs from leading projects in the Polygon ecosystem.
Overall, Pearl combines its bribe-driven economy, focus on real-world assets, and strategic alliances to differentiate itself from other cryptocurrencies in the market.
Live Pearl Price Data
The current price of Pearl (PEARL) is approximately $0.5134, reflecting a increase of 0.27% in the last 24 hours. The PEARL trading volume in the last 24 hours stands at $135,363.00. Pearl's market cap is currently $3.29 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of PEARL is 6.41 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Pearl's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on PEARL, check out our crypto insights page.
Official Links
PEARL to USD Converter
Price History
- All-Time High
- $0.53541.04x to ATH
- All-Time Low
- $0.0176429.10x to ATL
- Trade Launch Date
- 23 Jun, 2023
487 days ago