Equity Details
Price & Market Data
Price: $0.145
Daily Change: -$0.0₃114 / 0.08%
Daily Range: $0.145 - $0.145
Market Cap: $514,825
Daily Volume: 8
About Pickle Finance (PICKLE)
A complete financial picture of Pickle Finance (X:PICKLE). Current price: 0.145, daily change: -$0.0₃114 / 0.08%. Market cap: 514,825. Performance over 1-month and 6-month periods.
Details
The Pickle protocol uses farming incentives, vaults, and governance to bring stablecoins closer to their pegs. By distributing PICKLEs to Uniswap LPs of different stablecoin pools, capital movement between stablecoins is encouraged. pVaults, short for Pickle Vaults, will utilize different active strategies including leveraged flash loans to short off-peg stablecoins, to generate returns for pVault owners and the protocol. PICKLE is also used for governance to control the monetary policy of the system.