Key Metrics

Real Volume (24H)$192,210.46
Fully Diluted Valuation$21,773,274
ATH Date10/25/2022, 4:25:31 PM
ATL Date12/17/2022, 5:33:00 AM
Circulating SupplyN/A
Total Supply38M
Popularity Rank13299
What is PalmSwap?

Palmswap is a decentralized crypto asset exchange platform that operates on the Binance Smart Chain (BSC). The platform aims to eliminate entry barriers for users looking to trade crypto assets, allowing them to do so by simply connecting a BSC-supported wallet. With its focus on being inclusive and functional, Palmswap intends to use each product or feature it launches to solve specific problems in the DeFi market, and will continue to launch more products as the sector evolves. The platform co-founded by Ben Stöckl aims to be one of the most comprehensive DeFi ecosystems.

Trading on Palmswap offers several unique benefits for users. Firstly, the platform provides 100% on-chain perpetual futures, allowing users to open short or long positions on various assets. Palmswap also offers up to 10x leverage on supported assets, which can be used without requiring the trader to own the underlying asset. Furthermore, users can take advantage of several different order types, including profit, stop loss, and limit orders, to maximize their profits and overall trading experience. To start trading on Palmswap, all you need is a BSC-supported wallet like Metamask, some USDT, and BNB tokens on the Binance Smart Chain.

In contrast to most DeFi platforms, Palmswap offers a simple and straightforward interface for trading, staking, and farming. There is no need to register or create an account, and users can start trading instantly by visiting the website and connecting their supported wallet. This process takes only a few seconds and does not require deposits. Additionally, Palmswap does not have any KYC requirements.

The total PALM token supply is 1,000,000,000 tokens, which are distributed across several sectors, including Community Fair Launch (10%), Team and Advisors (17%), Ecosystem & Rewards (48.65%), Marketing (4.97%), Market Maker and Liquidity (3.75%), Early User Airdrops (0.45%), Insurance Funds (3%), and Reserves (3.94%).

The Palmswap ecosystem is powered by the PALM token, a BEP-20 governance token that provides several benefits for holders. In line with Palmswap's focus on incentivizing users, the PALM token has been designed for more than just governance functions.

There are several ways for users to earn PALM tokens within the Palmswap ecosystem. These include:

Staking: Holders can earn PALM tokens by staking in a Staking Pool. 6% of the Palmswap supply is allocated to stakers, who also enjoy a discount on trading fees, participation in governance voting and Palm Pad projects, as well as increased affiliate commissions generated from the referral program.

Farming: Users can earn PALM by farming. Palmswap allocates 9.75% of its token supply to users who stake Liquidity Pool (LP) tokens in the Farm. To start farming, users must add PALM-USDT or PALM-BNB to the liquidity pool on PancakeSwap and then enable PALM on Palmswap. After that, users can enter the amount of LP tokens they wish to stake to the pool and start farming.

Trading Cycles: Users can earn PALM tokens via Palmswap Trading Cycles. Each user has full autonomy to choose the market they want to trade in and build a trading score by opening a preferred


The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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