Coins: 10053 Exchanges: 942 Market Cap: $1,225,562,243,650 1.25% 24h Vol: $48,208,812,807.548 Dominance: BTC 46.65%, ETH 18.33%
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Router Protocol price

Router Protocol Price (ROUTE)

$2.75

0.05%
Rank #739

Router Protocol Price Chart (ROUTE/USD)

Last updated 02 Aug 2023, 14:15PM UTC. Currency in USD.

Markets
# Exchange Pair Price Spread Volume(24h) Trust
1 Huobi Global ROUTE / USDT $2.44 0.41% $3,725,663
2 AscendEX (BitMax) ROUTE / USDT $2.75 0.40% $618,544
3 KuCoin ROUTE / USDT $3.11 0.32% $478,172
4 Gate.io ROUTE / USDT $3.03 0.09% $158,207
5 Bitget ROUTE / USDT $1.75 0.50% $110,143
6 BingX ROUTE / USDT $3.09 0.74% $58,061
7 Bilaxy ROUTE / ETH $2.67 2.23% $22,163
8 MEXC Global ROUTE / USDT $1.76 2.01% $7,079
9 CoinEx ROUTE / USDT $1.75 1.00% $5,112
10 Hotbit ROUTE / USDT $1.93 0.87% $45
11 BKEX ROUTE / USDT $1.69 6.44% $3,139
12 Hoo.com ROUTE / USDT $3.36 1.99% $25,064

ROUTE Price Statistics

$3
24H Range
$3
  • Router Protocol Price Now $3
  • 24h Low / 24h High $3 / $3
  • Trading Volume $1,565,711
  • Market Cap Rank #497
  • Market Cap $33,890,288
  • Volume / Market Cap 0.0462
  • All-Time High $19 -85.61%
    May 16, 2021
  • All-Time Low $1 189.72%
    May 12, 2022


Router Protocol: Revolutionizing the World of Cryptocurrency

Introduction


Router Protocol is an innovative project that aims to revolutionize the world of cryptocurrency by offering a decentralized protocol for cross-chain liquidity that bridges various blockchain networks. By seamlessly connecting different blockchain ecosystems, Router Protocol aims to eliminate the existing barriers and limitations in the crypto space.

The Need for Cross-Chain Liquidity


One of the primary challenges in the crypto world is the fragmentation of liquidity across different blockchains. Each blockchain network typically operates in isolation, forcing users to trade within the confines of a specific blockchain. This lack of interoperability restricts traders' access to a diverse set of assets and liquidity sources. Router Protocol addresses this issue by facilitating cross-chain liquidity, enabling users to transact between different chains without losing accessibility.

How Does Router Protocol Work?


Router Protocol operates on the basis of liquidity farming and staking. It allows users to stake their assets on one blockchain and generate liquidity mining rewards in return. These rewards can then be utilized across different blockchains by swapping them for native assets. This enables users to access a wide range of assets and increase liquidity by tapping into multiple blockchain networks.

Benefits of Router Protocol


Router Protocol offers several advantages to users and traders in the cryptocurrency space. Firstly, it provides enhanced liquidity options by connecting various blockchain networks. This opens up opportunities for users to diversify their portfolios and access a broader range of assets. Additionally, Router Protocol offers low fees for transactions and swaps, ensuring cost-effective trading for users.Furthermore, Router Protocol enhances security by leveraging the security features of different blockchains. By utilizing multiple chains, the protocol reduces the risk of single-point failures or vulnerabilities, making it more robust and resilient.

The Future of Router Protocol


As the crypto industry continues to evolve, the need for cross-chain compatibility and liquidity will become increasingly vital. Router Protocol is well-positioned to address these needs and reshape the way traders interact with different blockchain networks. With its focus on scalable and secure cross-chain transactions, Router Protocol is set to become a pivotal player in the crypto space.In conclusion, Router Protocol is revolutionizing the world of cryptocurrency by offering a decentralized protocol for cross-chain liquidity. By connecting different blockchain ecosystems, Router Protocol enables users to access diverse assets and liquidity sources. With its innovative approach and focus on security, Router Protocol is paving the way for a more connected and efficient crypto landscape.