Mercurial MER current price is $0.0626 with a marketcap of $3.44 M. Its price is -16.88% down in last 24 hours.
Mercurial is stableswaps on steroids. On top of high efficiency/ low slippage swaps, we introduce dynamic fees and dynamic capital allocations to greatly improve profit potential for LPs, and liquidity depth for users.Two major innovations:- Dynamic fees: where fees are increased in periods of high volatility to increase LP profit and lowered in periods of low volatility to increase trading incentives- Dynamic capital allocation: where we deploy assets in the pools to yield generating opportunities across the Solana ecosystem.Mercurial aims to become the “one stop shop” for stable liquidity, helping to improve diversity and liquidity for stables on Solana, which is a major part of the DeFi use cases.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.