General information | |
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Global rank: | 399 |
Name: |
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Symbol: | SPELL |
Current coin price (JPY): | 0.086 ¥ |
Last hour: | arrow_upward0.970 % |
Last 24 hours: | arrow_downward-4.17 % |
Last 7 days: | 6.35 %trending_up |
Capitalisation (JPY): | 12 822 172 116.12 ¥ |
Volume 24h (JPY): | 818 652 061.07 ¥ |
Available supply: | 149 545 025 378.00 SPELL |
Total coin supply: | -1 SPELL |
Start date: | 2021-05-27 |
Spell Token/Japanese Yen (SPELL/JPY) price chart
Spell Token/Japanese Yen (SPELL/JPY) capitalisation and volume charts
Spell Token (SPELL) is the native utility token of Spell, an Ethereum-based protocol that enables permissionless lending and borrowing of crypto assets. Users can lend assets to the Spell platform and earn interest, or borrow assets against collateral, paying interest and a portion of the borrowed assets as fees.
SPELL is used as a governance token that allows holders to participate in decision-making processes concerning the Spell protocol's development and management. Additionally, users can earn rewards for staking SPELL, participate in liquidity mining programs, and receive fee discounts.