| General information | |
|---|---|
| Global rank: | 471 |
| Name: |
Spell Token |
| Symbol: | SPELL |
| Current coin price (YER): | 0.060 ﷼ |
| Last hour: | arrow_downward-2.04 % |
| Last 24 hours: | arrow_downward-2.65 % |
| Last 7 days: | -7.07 %trending_down |
| Capitalisation (YER): | 10 231 555 495.98 ﷼ |
| Volume 24h (YER): | 1 095 247 847.06 ﷼ |
| Available supply: | 171 510 541 048.00 SPELL |
| Total coin supply: | -1 SPELL |
| Start date: | 2021-05-27 |
Spell Token/Yemeni Rial (SPELL/YER) price chart
Spell Token/Yemeni Rial (SPELL/YER) 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.