Onomy Protocol NOM
NOM
0.03056
$
12.61 %
Change 24h
Market Cap
$ 4,019,848
Volume 24h
$ 73,191
Circulating Supply
131,822,835
NOM
$
# | Exchange | Pair | Price | Volume 24h |
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Description
Onomy Protocol is a layer-1 Cosmos chain powering a multi-chain & intuitive DEX that combines AMM liquidity pools with an order book UI facilitating cross-chain market, limit, stop, and conditional orders.
Onomy is also converging traditional finance with decentralized finance by making it easier to migrate foreign exchange on-chain through crypto-collateralized decentralized stablecoins to be used for high frequency Forex trading, yield, and payments. All products will be accessible via a cross-chain super app that connects to DeFi lego blocks.
The NOM token is used as collateral for the minting of stablecoins, assurance of network security through staking, protocol governance, and rewards.