Eggs Finance is a DeFi protocol built on the Sonic blockchain. It utilizes the EGGS token, which is secured by S tokens in the protocol, to facilitate loans with 99% LTV. Borrow S by using EGGS as collateral. Burning mechanisms ensure that the ratio of S per EGGS in the contract can only increase. This creates intrinsic value, or a price floor, for EGGS within the protocol and prevents loans from falling under collateral. EGGS can be redeemed for the underlying S on the dApp.
Eggs Finance Price Analysis
As of May 7 2025 Eggs Finance has a marketcap of $29M.
This is {{percentagefromath}} from its all time high of $0.00113113.
In terms of its tokenomics, there's a total supply of 51B with 100% currently outstanding.
Keep in mind Eggs Finance has a fully diluted value of $29M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
