Osmosis

$0.0354
-5.6%(24h)Today
-5.6%
30 Days
-21.8%
Price Change (24h)
-$0.002094

Today
-5.6%
30 Days
-21.8%
Price Change (24h)
-$0.002094
OSMO
0.35
Osmosis is a decentralized exchange (DEX) and automated market maker (AMM) protocol built on the Cosmos blockchain ecosystem. The platform enables users to swap tokens directly while minimizing intermediaries through liquidity pooling mechanisms. Built using the Cosmos SDK, Osmosis leverages Cosmos's interoperability framework to facilitate cross-chain token trading. The protocol distributes fees and rewards to liquidity providers who contribute tokens to trading pools. OSMO serves as the platform's native governance token, enabling community participation in protocol decisions and parameter adjustments.
Osmosis was founded by Sunny Aggarwal, Dev Ojha, and Josh Lee. All three were formerly employees at Tendermint, where they contributed to the development and launch of the Cosmos SDK, IBC, and Cosmos, one of the first in-production Proof-of-Stake blockchain networks. They then decided to build on top of the foundation they had developed at Tendermint and co-founded Osmosis to develop a DeFi product that rivals even the most robust centralized exchanges. One of the primary investors in Osmosis is Paradigm, a digital asset investment firm with stakes in numerous other blockchains and protocols, such as Uniswap, Maker, and Coinbase. Other investors include Bain Capital, Electric Capital, and Solana co-founder Anatoly Yakovenko.
Osmosis introduces a sophisticated AMM design with features like custom liquidity pools, multi-hop routes, and concentrated liquidity positions. These innovations enable capital efficiency improvements while maintaining the benefits of decentralized trading. As a Cosmos-native application, Osmosis leverages IBC (Inter-Blockchain Communication) to facilitate seamless asset transfers between connected blockchains. This integration creates a cross-chain trading experience while preserving each blockchain's sovereignty—a capability few DEXes offer.
Osmosis has a maximum supply of 1 billion OSMO tokens. The initial distribution included allocations for developers, early community members, and strategic grants, with inflation continuing through a decreasing issuance schedule supporting ongoing development.
Osmosis operates on top of the Cosmos chain, which employs Proof of Stake consensus. Validators on the Cosmos chain secure transactions processed through Osmosis, ensuring protocol integrity through Byzantine fault-tolerant consensus mechanisms.
Osmosis (OSMO) is available on exchanges including Binance, Kraken, and OKEx, with major trading pairs being OSMO/USDT, OSMO/USDC, and OSMO/BTC.
Exchange data unavailable.