Sudoswap (SUDO) Live Price and charts Today

1 Sudoswap (SUDO) Price Today in USD is $0.048211

Sudoswap (SUDO) = $0.048211 USD

Sudoswap (SUDO) all-time high (ATH) is $4.1674 USD

The maximum supply of Sudoswap (SUDO) is 60,000,000.00

Sudoswap (SUDO) 24h volume is $62337.87 USD

Sudoswap (SUDO) Market Cap is 0 USD

Kindly note that Sudoswap announced $SUDO token distribution on Sep 1st 2022, $XMON holders are allocated 41.9% of the initial supply. Read more info here.

Sudoswap
$0.048211
-0.60%
Sudoswap (SUDO) Price Chart
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  • 1H +0.08%
  • 24H -0.60%
  • 1Y -80.10%
  • Rank #N/A
  • Market Cap 0.00% -
  • 24H Spot Volume -18.03% $62,337.87
  • 24H Volume / Market Cap -
  • Circulating Supply -
  • Total Supply -
  • Max Supply 60,000,000.00
  • Fully Diluted Valuation $2,892,659
  • API ID sudoswap copy duigou
  • Project Start Date Jan, 2023
  • Contracts & Explorer(s) coin-img 0x344...aB7F9
    copy duigou
  • Websites Website
  • Links
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About SUDO Roadmap & Milestones
Sudoswap ($SUDO) is a concentrated liquidity AMM protocol designed specifically for NFTs. It is launched on July 2022 by anonymous developer 0xmons, zefram.eth, and 0xhamachi.

Sudoswap ($SUDO) is a concentrated liquidity AMM protocol designed specifically for NFTs. It is launched on July 2022 by anonymous developer 0xmons, zefram.eth, and 0xhamachi.

Traders can enjoy low-slippage swaps between NFTs and tokens, and liquidity providers can better control the price ranges they LP for as well as set up dynamic buy/sell walls.

Unlike most other NFT marketplaces today, sudoAMM uses on-chain liquidity pools rather than off-chain order books. sudoAMM liquidity pools are different from those of e.g. Uniswap, and we will explain the differences in a later post. While this does add some gas overhead, we have been mindful in keeping these costs to a minimum. Deploying a new pool is around 180k gas, and your pre-existing pools can be reused when you want to buy/sell additional items.

In return, anyone can run their own front-end and indexer, allowing for a decentralization-focused approach. This also allows other on-chain entities like DAOs to more easily participate in NFT markets, opening up interactions like transparently setting up NFT buy walls on-chain.

The protocol will be open for anyone to create and trade with pools for any NFT at launch.

Traders will be able to:

  • Swap NFTs for ETH
  • Swap ETH for NFTs

Liquidity providers will be able to:

  • Deposit ETH and receive NFTs as traders swap with your pool
  • Deposit NFTs and receive ETH as traders swap with your pool
  • Deposit both ETH and NFTs and receive trading fees as traders swap with your pool

As a trader, the experience is similar to other exchanges. You select which NFTs to sell or purchase, and the router gives you an instant quote.

As a liquidity provider, the experience is most similar to Uniswap v3. You select a price range to provide liquidity for, and then deposit your assets.

Technically, the sudoAMM contracts support the creation of any arbitrary ERC721/ERC20 pool. However, we will be supporting only ETH to start at launch to improve routing and liquidity across pools.

The sudoAMM protocol will be governed by the $SUDO governance token.

The token will be non-transferable, with a transferability vote also being deferred to on-chain governance after launch.

For full $SUDO distribution details, we'll be releasing another post soon that explains the procedure for $XMON holders.

The initial supply distribution of SUDO is as follows:

Initial supply: 60M SUDO

$XMON holders: 25.12M, 41.9%

0xmons NFT holders: 0.9M, 1.5%

Retroactive LP airdrop: 0.9M, 1.5%

Treasury: 15.08M, 25.1%

Initial team members: 9M, 15%, vested over 3 years with a 1 year cliff

SudoRandom Labs: 9M, 15%, vested over 3 years with a 1 year cliff

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