Stable Magnet Overview

Published on: 19.06.2021

Stable Magnet is a newly launched Farming Protocol on Binance Smart Chain. A stablecoin focused AMM protocol where users can trade with low slippage and fees. Stable Magnet launched with 3pool liquidity including BUSD, USDT and USDC, to provide main trading support for widely used stable pegged assets.

 

Products

Providing the best pegged stablecoins swapping rate compared to traditional AMMs.

Earn passive income with low risk stablecoin pegged assets.

The Stable Magnet special stable swap algorithm which is designed for assets pegged to same value. You only need to pay 0.035% (lowest fee on binance smart chain) to swap USD on their website.

  • 60% will go the stable asset liquidity provider.

  • 40% will go to Stable Magnet treasury for marketing or manage fees.

INFO

https://stablemagnet.finance

Market Stats:
BTC Dominance: 57.33%(-0.83%/24h)
ETH Dominance: 12.76%(+0.63%/24h)
Defi Market Cap: $97.73B(+11.95%/24h)
Total Market Cap: $3253.99B(-2.40%/24h)
Total Trading Volume 24h: $242.6B(+21.09%/24h)
ETH Market Cap: $415.23B
Defi to ETH Ratio: 23.54%
Defi Dominance: 2.88%
Altcoin Market Cap: $1388.39B
Altcoin Volume 24h: $159.38B
Total Cryptocurrencies: 32413
Active Cryptocurrencies: 10202
Active Market Pairs: 91126
Active Exchanges: 762
Total Exchanges: 9626
BTC: 94256.46$(1.38%/1H)
ETH: 3446.01$(0.78%/1H)
AVAX: 42.19$(1.49%/1H)
BNB: 643.16$(1.17%/1H)
MATIC: 0.55$(0.75%/1H)
FTM: 1.03$(6.38%/1H)
ADA: 0.97$(1.9%/1H)
DOT: 8.45$(2.62%/1H)
UNI: 11.31$(1.5%/1H)
CAKE: 2.75$(1.53%/1H)
SUSHI: 1.09$(0.53%/1H)
ONE: 0.03$(4.6%/1H)