Router Protocol [OLD]Price(ROUTE)
Details Router Protocol [OLD] (ROUTE) Price information (USD)
The current real-time price of ROUTE is $0.0470. In the past 24 hours, ROUTE has traded between $0.0468 and $0.0495, showing strong market activity. The all-time high of ROUTE is $19.08, and the all-time low is $0.0460.
From a short-term perspective, the price change of ROUTE over the past 1 hour is
Router Protocol [OLD] (ROUTE) Market Information
Router Protocol [OLD] (ROUTE) Today's Price
The live price of ROUTE today is $0.0470, with a current market cap of $0. The 24-hour trading volume is 199.62. The price of ROUTE to USD is updated in real time.
Router Protocol [OLD] (ROUTE) Price History (USD)
What is ROUTER PROTOCOL [OLD] (ROUTE)?
When is the right time to buy ROUTE? Should I buy or sell ROUTE now?
Before deciding whether to buy or sell ROUTE, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s ROUTE technical analysis can provide you with trading references.
Future price trend of ROUTE
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for ROUTE.
How much will ROUTE be worth tomorrow, next week, or next month in ? What about your ROUTE assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! ROUTE Price Prediction
How to buy ROUTER PROTOCOL [OLD] (ROUTE)
Convert ROUTE to local currency
ROUTE Resources
To learn more about ROUTE, consider exploring other resources such as the whitepaper, official website, and other published information:
Blockchain explorer
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x40ec...5bbbdf  | 763.748K | 32.47% |
ethereum | 0xe74b...b84705 | 179.246K | 7.62% |
polygon-pos | 0xebc4...ddb68b | 114.060K | 4.85% |
polygon-pos | 0x40f0...e92436 | 58,354 | 2.48% |
ethereum | 0xf89d...5eaa40 | 56,613 | 2.41% |
Other | 1.179M | 50.17% |
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ROUTER PROTOCOL [OLD] (ROUTE) FAQ
What is the core purpose of Router Protocol [OLD] (ROUTE), and how does it facilitate interactions within the decentralized finance ecosystem?
Router Protocol [OLD] (ROUTE) is designed to connect diverse assets across various Layer 1 and Layer 2 networks, primarily utilizing stablecoins for exchange. It acts as a cross-chain liquidity aggregator and governance token, enabling seamless communication between different blockchains. The protocol facilitates not only asset transfers but also the secure and transparent transmission of arbitrary messages across chains, significantly enhancing composability within the DeFi landscape.
Can you explain the underlying mechanism and infrastructure that allows Router Protocol [OLD] (ROUTE) to function as a cross-chain communication layer?
Router Protocol [OLD] operates as an infrastructure layer, enabling communication across various blockchains. Its core features include an optimal token swap mechanism powered by a proprietary pathfinder algorithm, a cross-chain settlement engine ensuring atomic transactions, a comprehensive SDK for developers, and a multi-chain token standard. The protocol employs a mesh network model, linking chains through shared Router nodes capable of monitoring and executing transactions on all integrated blockchains.
Who are the individuals credited as the founders responsible for establishing Router Protocol?
The founding team behind Router Protocol consists of Ramani Ramachandran, Shubham Singh, Chandan Choudhury, and Priyeshu Garg. These individuals are the key figures who established the project.
What are the primary functions and uses of the ROUTE token within the Router Protocol ecosystem?
The ROUTE token serves multiple utilities: 1. Governance: Holders vote on protocol proposals. 2. Transaction Fees: It covers cross-chain transaction fees, offering a 50% discount when used, and allows for combined gas and transaction fee payments. 3. Staking: Users stake ROUTE to earn rewards, enhance network security, and gain voting power influencing yield. 4. Incentives: It incentivizes ecosystem contributors, including liquidity providers and developers.
Can you provide details regarding the fundamental tokenomics, including the supply structure, for the ROUTE token?
The native token of Router Protocol is ROUTE. It has a defined maximum supply cap of 20 million tokens. A significant portion of this supply, specifically around 72% as of February 2024, was in circulation, indicating its distribution within the ecosystem. These figures outline the basic supply characteristics of the ROUTE token.
What are the potential advantages and disadvantages associated with staking ROUTE tokens within the Router Protocol?
Staking ROUTE tokens offers benefits such as earning rewards and gaining governance rights, which allow participants to influence future token emissions. However, it also involves inherent risks. These can include potential vulnerabilities within smart contracts or exposure to economic exploits. While typically less of a concern for simple delegation, certain Proof-of-Stake systems can pose a slashing risk if validators act improperly.
