About Router Protocol (Old)
Cross-chain liquidity aggregator governance token
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Market Stats
Market Cap
Not enough data
FDV
Not enough data
Circ. Supply
Not enough data
Max Supply
Not enough data
Total Supply
20M ROUTE
Diluted Valuation
$4.68M
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
$1.39K
85.59%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$0.23
Price Change (1Y)
-88.87%
Additional details
Market details
ROUTE vs markets
↘ 93.44%
ROUTE vs BTC
↘ 93.28%
ROUTE vs ETH
↘ 92.88%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x16ECCfDbb4eE1A85A33f3A9B21175Cd7Ae753dB4 | |
Polygon | 0x16ECCfDbb4eE1A85A33f3A9B21175Cd7Ae753dB4 | |
BNB Smart Chain | 0xfD2700c51812753215754De9EC51Cdd42Bf725B9 | |
Fantom | 0x11BbF12363dC8375b78D2719395d505f52a02F68 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.23 | ↘ 1.18% |
1 Day | $0.24 | ↘ 1.18% |
1 Week | $0.26 | ↘ 9.72% |
1 Month | $0.27 | ↘ 13.98% |
1 Year | $2.10 | ↘ 88.87% |
FAQ
The Router Protocol is a cross-chain protocol that focuses on bridging assets across multiple Layer 1 (base layer blockchain architecture, e.g., Ethereum) and Layer 2 (off-chain network lying on top of the layer one blockchain) networks using stablecoins as a medium of exchange.
In addition to the transfer of assets, the Router Protocol also enables the safe and transparent flow of arbitrary messages across chains, thus extending DeFi's composability across different blockchains. The protocol has the following features:
ROUTE is the native token of the protocol. The ROUTE token allows users to use their token to contribute to governance by voting on router proposals for protocol changes. The Router Protocol imposes cross-chain transaction fees, split between validators and liquidity providers.
Users who pay the transaction fees with ROUTE tokens get a 50% discount. Also, Router Protocol enables users to pay a combined (gas plus transaction) fee in ROUTE tokens.
Router Protocol was founded in Singapore in 2020 by Ramani Ramachandran, Shubham Singh, Chandan Choudhury, and Priyeshu Garg.
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Social stats
Popularity in posts
#2104
Contributors
7
Posts
13
% About Router Protocol (Old)
0.013%
Hold times
0 days
X (Twitter)
85.06% bullish
Sentiment
2.8 ★
Highlights
7 unique individuals are talking about Router Protocol (Old) and it is ranked #2,104 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Router Protocol (Old) has an average sentiment score of 56 out of 5. Finally, Router Protocol (Old) is becoming less newsworthy, with 0 news articles published about Router Protocol (Old).
On Twitter, people are mostly bullish about Router Protocol (Old). There were 85.13% of tweets with bullish sentiment compared to 0.08% of tweets with a bearish sentiment about Router Protocol (Old). 14.87% of tweets were neutral about Router Protocol (Old). These sentiments are based on 20 tweets.
On Reddit, Router Protocol (Old) was mentioned in 1 Reddit posts and there were 0 comments about Router Protocol (Old). On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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