Swarm Markets

Swarm Markets PriceSMT

$0.013966
$0.000341+2.50%

Last updated--

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Swarm Markets Price Today

Current SMT/USD real-time price is $0.013966, with a 24-hour change rate of +2.50% and a 7-day change rate of +2.18%. SMT currently ranks #1770 globally by market cap, with a total market cap of $1.284696M, a fully diluted valuation (FDV) of $2.0501M, and a 24-hour trading volume of $57.626586K. In terms of supply, SMT has a maximum supply of ∞, a current circulating supply of 92.5M, with 62.67% already in circulation and 37.33% remaining to be unlocked.

About Swarm Markets

Swarm Markets (SMT) is the native utility and governance token powering the Swarm Markets protocol, a leading institutional-grade decentralized finance (DeFi) platform for trading tokenized real-world assets (RWAs) and cryptocurrencies.

Key takeaways

  • Swarm Markets (SMT) is the native token for a DeFi platform focused on institutional-grade, compliant trading of tokenized real-world assets (RWAs).
  • The platform operates as a decentralized autonomous organization (DAO), with SMT holders governing key protocol parameters and the treasury.
  • SMT is used for staking to secure the network, paying trading fees at a discount, and participating in governance votes.
  • The protocol is built on Ethereum and Polygon, offering deep liquidity and permissioned access to complex financial products.
  • Swarm Markets bridges traditional finance (TradFi) and DeFi by providing a regulated environment for trading securities, commodities, and other RWAs.

What is Swarm Markets? Key Specifications & Tokenomics

Swarm Markets is a decentralized finance protocol designed to bring institutional-grade liquidity and compliance to the trading of tokenized real-world assets. The SMT token is central to its ecosystem, facilitating governance, security, and utility.


ItemDetails
Name (Ticker)Swarm Markets (SMT)
Alternative NamesSMT Token
Consensus MechanismProof-of-Stake (via staking on Ethereum/Polygon)
Smart ContractsYes (Ethereum & Polygon)
CategoryDeFi, Real-World Assets (RWA), Governance
Hash AlgorithmN/A (ERC-20 / Polygon POS token)
Block RewardN/A
Max Supply100,000,000 SMT
TPSDependent on underlying blockchain (Ethereum/Polygon)
Scaling SolutionLayer 2 (Polygon)
BlockchainEthereum, Polygon

Who created Swarm Markets (SMT)?


Swarm Markets was founded by a team with deep expertise in both traditional finance and blockchain technology. The project is led by co-founders Timo Lehes and Philipp Pieper. Lehes brings experience from the hedge fund world, while Pieper has a background in fintech and venture capital. The team's core mission is to solve the liquidity and regulatory challenges associated with bringing real-world assets on-chain. The protocol is developed and governed by Swarm Markets GmbH, a German-licensed financial services institution, ensuring it operates within a clear regulatory framework. This combination of financial acumen, technical skill, and regulatory compliance positions Swarm Markets uniquely in the DeFi and RWA space.


How does Swarm Markets (SMT) work?

The Swarm Markets protocol functions as a decentralized exchange (DEX) and liquidity pool specifically engineered for compliance and institutional use. It operates on a hybrid model, combining decentralized technology with regulatory guardrails.

  • Permissioned and Permissionless Pools: The platform features both permissionless pools for crypto assets and permissioned pools for regulated securities and RWAs. Access to permissioned pools requires identity verification (KYC), creating a compliant trading environment.

  • Automated Market Maker (AMM) & Order Book: It utilizes an AMM model for liquidity provision, allowing users to earn fees by depositing assets into pools. Simultaneously, it supports an off-chain order book for more complex trading strategies, merging DeFi and traditional exchange mechanics.

  • SMT Token Utility: The SMT token is integrated throughout:

    • Governance: SMT holders vote on proposals via Snapshot, controlling treasury funds, fee parameters, and protocol upgrades.
    • Staking: Users can stake SMT to help secure the network's economic layer. Stakers may earn rewards from a portion of protocol fees.
    • Fee Discounts: Paying trading fees with SMT grants users a significant discount.

What makes Swarm Markets (SMT) unique and valuable

Swarm Markets stands out by directly addressing the major barriers to institutional adoption of DeFi: compliance, security, and product complexity.

  • Regulatory-First Approach: As a licensed entity, Swarm provides legal certainty〞a critical factor for institutional players. Its permissioned pools allow for the compliant trading of tokenized stocks, bonds, and funds.
  • Institutional-Grade Infrastructure: The platform offers features familiar to traditional finance, such as an order book, high liquidity thresholds, and robust custody solutions, lowering the entry barrier for funds and corporations.
  • Focus on Real-World Assets (RWA): While many DeFi protocols focus solely on crypto, Swarm is a pioneer in the growing RWA sector. It provides the infrastructure to tokenize and trade virtually any financial asset, unlocking trillions in traditional market liquidity.
  • Dual-Layer Architecture: By building on both Ethereum (for security and settlement) and Polygon (for low-cost, high-speed transactions), it balances security with scalability and user experience.

What is Swarm Markets (SMT) used for?

The SMT token has several core use cases within the Swarm Markets ecosystem, driving both utility and value accrual.

  • Protocol Governance: SMT is a governance token. Holders can create and vote on proposals that shape the protocol's future, including treasury management, fee structures, and supported asset listings.
  • Network Security & Staking: Users stake SMT to participate in the protocol's security and consensus mechanism. This staking helps protect the network's economic security, and stakers are rewarded for their participation.
  • Trading Fee Discounts: Traders on the Swarm Markets platform can use SMT to pay for transaction fees. Doing so grants a substantial discount compared to paying with other assets, incentivizing the acquisition and use of SMT.
  • Access to Premium Features: Holding or staking SMT may be required to access certain advanced features, exclusive liquidity pools, or higher-tier services on the platform in the future.

How to buy SMT Coin?

SMT is a cryptocurrency available on several exchanges. For a secure and liquid trading experience, we recommend using a major platform like BTCC.

  1. Register a BTCC Account: Sign up using your email or phone number. Complete the KYC verification process to unlock all platform features and benefits.
  2. Deposit Funds: Deposit fiat currency (via bank transfer, card, or third-party payment) or transfer USDT from an external wallet into your BTCC account. (How to buy USDT on BTCC)
  3. Start Trading: Navigate to the trading section. Search for the spot trading pair SMT/USDT or the futures contract SMTUSDT. (Trade SMTUSDT on BTCC)
  4. Place an Order: Enter the amount of SMT you wish to buy and submit your order. For futures trading, you can also choose to go short (sell) and adjust leverage according to your strategy.
  5. Confirm Your Purchase: For spot purchases, check your asset wallet to confirm the SMT tokens have arrived. For futures, check your open orders or positions on the trading page.

How to Buy and Use Swarm Markets

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsSwarm Markets is instantly credited to your BTCC account, ready for trading at any time.

Related Trading

Choose Swarm Markets products that suit your trading style

Thank you for your interest in BTCC. Currently, spot and futures trading services for SMT are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.

Swarm Markets FAQs

What is the live price, market cap, and 24h volume of Swarm Markets (SMT)?

As of right now, the live price of Swarm Markets (SMT) is $0.013966. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated SMT to USD rate at the top of BTCC’s price page. In terms of market scope, Swarm Markets records a 24h trading volume of $57.626586K (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $1.284696M. Its current circulating supply stands at 92.5M out of a maximum supply cap of ∞.

Why does the price of Swarm Markets (SMT) fluctuate, and what drives its volatility?

The price volatility of Swarm Markets (SMT) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (92.5M) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.

What are the all-time high (ATH) and all-time low (ATL) for Swarm Markets (SMT)?

Looking at its historical price performance, Swarm Markets (SMT) hit an all-time high (ATH) of $2.977621 on 2021-10-20 22:40, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at -- on 2021-10-18 09:20. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.

How to read the Swarm Markets (SMT) price chart for futures trading?

When trading SMT futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($57.626586K), as price breakouts accompanied by strong volume offer higher reliability.

How to profit from Swarm Markets (SMT) price drops? (Short Selling Guide)

Unlike spot trading where you can only profit from rising prices, BTCC’s SMTUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Swarm Markets, simply log into your BTCC account with USDT margin available, navigate to the SMTUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.

Can I trade Swarm Markets (SMT) perpetual futures with high leverage on BTCC?

Yes. BTCC offers flexible, high-tier leverage options for SMTUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.

How to practice Swarm Markets (SMT) futures trading with a free demo account?

Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.013966), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for SMTUSDT with zero financial risk.

Step-by-step guide: How to buy and trade Swarm Markets (SMT) on BTCC?

Trading Swarm Markets (SMT) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for SMTUSDT, and review its live price ($0.013966) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.