Real-time OSMO price analysis
The current price of osmosis in real time is US$1.57and its trading volume is equal to US$5,989,874 in the last 24 hours. OSMO price has grew by
2.61%
on the last day and decreased by
0.73%
in the last 7 days. It is important to note that Osmosis’s current market capitalization is US$774,662,614and the maximum offer is 1,000,000,000 OSMO coins. Speaking of revolving supplies, OSMO has 492 590 761 coins. Osmosis currently has a market rating of #96.
Osmosis price today
85.97%
below
always on top and that’s it
602.41%
higher
always at a low level.
All data and prices are updated in real time. The most active and popular exchanges for buying or selling OSMO are Binance, Kucoin & Kraken. Find more cryptocurrency exchange options on our Cryptocurrency exchange tracker. The most secure hardware wallets to store your cryptocurrency: Ledger And Trezor.
What is osmosis (OSMO)?
Osmosis is a decentralized exchange (DEX) running on the Cosmos ecosystem., which consists of independent blockchains connected via IBC (Inter-Blockchain Communication Protocol). In addition to this, Osmosis allows you to obtain assets from Ethereum And Dotted for transmission through its platform. Originally built on Balancing poolsOsmosis is currently moving to a more efficient concentrated liquidity model to improve trading and liquidity services.
The goal of Osmosis is to create a DEX and trading package that uses the Inter-Blockchain Communication (IBC) protocol for Ethereum communication. Bitcoinand other blockchains. DEX will have many features such as lending, credit, margin trading, fiat money integration, DeFi strategy vaults, NFTs, stablecoins and more. These functionalities provide users with all the benefits centralized exchanges (CEX) but with the unreliable qualities associated with DeFi.
OSMO token is the platform’s own service and governance token. In the real-time Osmosis price chart above, you can see the current price of OSMO.
Options for using OSMO tokens
Owners of OSMO crypto assets can take part in preserving the blockchain by token placementas part Proof of Stake (PoS) the consensus mechanism used by the platform. They can participate in ensuring the security of the system as delegators or validators. Validators take part in network consensus by managing validator nodes, while delegators can assign their staked OSMO coins to validators. By nominating a validator, a person allows him to use his assigned stake to participate in consensus.
The validator must own a sufficient stake (self + delegate) to become active and receive rewards for participating in the consensus. Additionally, if you want to delegate your OSMO, no special technical knowledge is required. You can lock your tokens and receive a reward in return. When you decide to separate them, they will locked for 21 days and does not earn any rewards during this period; however, if the validator is outside the active set, the detachment occurs immediately.
Moreover, please note that Osmosis is one of the first platforms to provide users with Superfluid staking rewards for staking OSMO tokens. It means that users can join liquidity pool and receive two types of rewards simultaneously: a portion of transaction fees from the liquidity pool corresponding to their contribution, and staking rewards. This is different from other platforms where people are only allowed to choose one reward option.
Finally, OSMO stakers can take part in protocol governance. There are several ways to do this, from discussing issues on the Osmosis management forum to submitting a proposal through the thread. Participatory governance is especially important to Osmosis because it allows the community to make decisions about protocol updates, parameter changes, spending from shared pools, and other signaling-related issues. To find out the cost of participating in management activities, you can check the current price of OSMO on the above real-time osmosis price chart above.
Who founded Osmosis?
The Osmosis crypto project has been launched Sunny Aggarwal, Dev Ojha, Josh Lee and Tony Yoon. Aggarwal and Ojha are also working on validator projects Sikka and Tendermint, while Lee and Yoon are working on Keplr. All these projects belong to the Cosmos network.
Moreover, Paradigma digital asset investment company that owns many other blockchains and protocols such as Uniswap or Maker, is one of the main investors in Osmosis.
OSMO tokenomics
The maximum supply of Osmosis tokens is 1 billion. However, it is worth noting that the token has inflationary nature. This is so because its output decreases annually by one third due to Third osmosis model. Thus, fewer new tokens are issued each year.
Regarding the distribution of OSMO tokens, 45% is allocated to liquidity reward mining. In addition, 25% was allocated for developer rewards and staking rewards, with the remaining 5% reserved in the community pool.
As a reminder, you can check the current OSMO price on the price chart above.
What is the trading volume of Osmosis in the last 24 hours?
OSMO has trading volume US$5,989,874 in the last 24 hours.
What is the highest price for osmosis?
OSMO has the highest price $11.21which was achieved at March 04, 2022 (1 year 11 months ago).
What is the lowest price for osmosis?
OSMO has the lowest price $0.2239which was achieved at October 19, 2023 (4 months 5 days ago).
Which exchanges are best for buying and selling OSMO?
Currently the most active and dominant exchanges for buying and selling Osmosis are Binance, Kraken & Kucoin. The most popular Osmosis trading pairs OSMO/USDT
(on
Billiards
),
axlUSDC/OSMO
(on
Osmosis
),
FET/OSMO
(on
Osmosis
). Go to Catalog of crypto trades to access customized and exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.
What are the most secure hardware wallets for storing OSMO?
According to the process of in-depth analysis and testing, Ledger And Trezor are one of the most secure and popular hardware wallet options for storage Osmosis. For exclusive discounts and promotions on the best crypto wallets, visit Catalog of crypto trades.
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A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.
Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.
Consider factors like security, fees, available coins, user interface, and customer support.
Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.
Many exchanges require Know Your Customer (KYC) verification for security and regulatory compliance.
Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).
Yes, most exchanges offer cryptocurrency-to-cryptocurrency trading pairs.
Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.
A wallet address is like a bank account number for cryptocurrencies. It’s required to send your crypto to the right place.
Yes, depending on your country’s tax laws, trading cryptocurrencies may have tax consequences. Consult a tax professional for guidance.
Yes, many cryptocurrency exchanges operate 24/7, allowing you to trade at any time.
A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.
Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.
It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.
Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.
Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.
Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.
Yes, but it’s recommended to learn the basics of trading and understand the risks involved before you start.
Stablecoins are cryptocurrencies pegged to the value of a fiat currency like the US dollar. They provide stability and are commonly used for trading and transferring funds on exchanges.
Yes, regulations vary by country. Many countries have implemented or are considering regulations to govern cryptocurrency exchanges for consumer protection and financial stability.
