The Symmio Protocol - a trustless clearing house for derivatives.
Symmio is a trustless hybrid (combining on and offchain) clearing house acting as communication, settlement & clearing layer for permissionless derivatives. At its core, Symmio is an intent-centric, meta-derivatives engine, with its first use case being a new type of hyper-efficient perps trading technology. Solving the DeFi fragmentation problem by permissionlessly synthesizing exposure to virtually any established and yet-to-be-discovered assets."
Picked up from symmio website and symmio docs
SYMMIO Price Analysis
As of December 27 2024 SYMMIO has a marketcap of $19M.
This is {{percentagefromath}} from its all time high of $0.150809.
In terms of its tokenomics, there's a total supply of 400M with 60% currently outstanding.
Keep in mind SYMMIO has a fully diluted value of $32M 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
