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ARCH Price
$0.22921
+14.67%
Market Cap
$22.24K
24H Volume
$12.21K
Circ Supply
97.02K

ARCH Market Stats

  • Price $0.22921
  • 1H Change +7.08%
  • 24H Change +14.67%
  • 7 Day Change -12.19%
  • 1 Year Change +7.6%
  • All-Time High $7.30564
  • % From ATH -98.69%
  • ATH Date Oct 31, 2021

ARCH Explorer

Archimedes Finance Info

Archimedes is an experimental lending and borrowing platform. We build it on top of AMMs such as Curve. We enable: (1) Lenders (Liquidity Providers) to earn sustainable higher APYs (2) Borrowers (Leverage Takers) to earn up to 10x yield of what yield-bearing stablecoins such as OUSD offer. Liquidity Providers provide assets to Archimedes 3CRV/lvUSD pools and receive interest. The protocol pays interest in different assets, such as ARCH tokens and stablecoins. Most Curve pools depend on temporary bribes and uncertain gauge allocations for APY. But, Archimedes ARCH rewards have innate utility and a fixed supply. Leverage Takers borrow from these pools to create leveraged positions on appreciating meta-vaults (like OUSD). Archimedes wrap each leveraged position with an NFT. User can trade these NFTs without the need to unwind the position.

Archimedes Finance Technical Info

All images, branding and wording is copyright of Archimedes Finance. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page. Data is provided by CoinMarketCap and TradingView.