Ellipsis is an automated market maker (AMM), allowing users and other decentralized protocols to trade between different stablecoins. AMM is a tool utilized to supply liquidity (token pool) in decentralized finance (DeFi) without the intervention of a third party to set the price of an asset. Forked out of Curve Finance, Ellipsis aims to offer its services at a low slippage price compared to other AMM solutions. 

As stated in the whitepaper, the Curve Finance team is going to support Ellipsis, and Ellipsis is committed to following Curve Finance’s main values. 

The platform uses liquidity pools to provide liquidity to the users and rewards those who supply liquidity to Ellipsis, called liquidity providers. A small fee of 0.04 percent is charged on every trade on the platform. Half of this fee is split evenly between all liquidity providers as rewards. 

EPS is the native token of the platform. The token holders can stake their tokens by providing liquidity to earn staking rewards in LP tokens. These reward tokens can be withdrawn at any time or staked further to earn additional rewards. Also, Ellipsis is a non-custodial platform, and the developers do not have access to any of the users' tokens.  

Moreover, the Ellipsis smart contracts on the Binance Smart Chain employ a safe multi-sig mechanism. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain. Alternatively, a multi-sig mechanism includes multiple company members to sign off any action or transaction on the platform. This way, no single entity can perform a malicious action within the protocol. Multi-sig membership on Ellipsis includes two Ellipsis founders, two members of Curve Finance, and one member of Yearn team.       

Ellipsis Finance was launched in March 2021. The codebase of Ellipsis was audited on April 02, 2021. The maximum supply of EPS tokens is one billion tokens.

Actualizamos nuestro Ellipsis a EUR en tiempo real. Obtén el precio de Ellipsis actual en Coinbase.

La capitalización de mercado actual de Ellipsis es de9,219 M €. Una capitalización de mercado alta implica que el activo está muy valorado dentro del mercado.

El máximo histórico de Ellipsis es 18,33 €. Este valor representa el precio más alto pagado por Ellipsis desde su lanzamiento.

Durante las últimas 24 horas, el volumen de negociación de Ellipsis ha sido de 11,766 €.

Entre los activos que tienen una capitalización de mercado similar a Ellipsis se encuentran NetX, Klever Coin, Highstreet y muchos otros. Para ver una lista completa, consulta nuestros activos con capitalización de mercado comparable.

Actualmente, Ellipsis cuenta con un suministro en circulación de 724 millones.