Sudoswap Price

Sudoswap is a governance token for Sudoswap, a centralized liquidity AMM protocol designed for NFTs. Launched in February 2023, SUDO aims to facilitate decentralized governance of the Sudoswap ecosystem. With a current price of $0.05707 and a market cap of $1.44M, Sudoswap ranks 2656 among cryptocurrencies. The token has a circulating supply of 25.39M SUDO out of a maximum supply of 60M SUDO. Sudoswap's all-time high was $4.31 on February 19, 2023, while its all-time low was $0.03879 on April 14, 2025. In the past 24 hours, SUDO has seen a price change of -1.43% with a trading volume of $19.07K. As a governance token, Sudoswap allows holders to participate in decision-making processes for the Sudoswap protocol, influencing its development and future direction.

Sudoswap was created on February 19, 2023. It was launched as the governance token for Sudoswap, a centralized liquidity AMM protocol designed for NFT trading. Since its inception, Sudoswap has played a crucial role in the Sudoswap ecosystem, allowing token holders to participate in governance decisions and shape the future of the platform. The creation of Sudoswap marked an important milestone in the development of NFT trading infrastructure, providing a new tool for liquidity provision and trading in the NFT market.

The founders of Sudoswap are not publicly disclosed. Sudoswap was launched as the governance token for Sudoswap, a decentralized NFT trading protocol, in February 2023. While the core team behind Sudoswap and Sudoswap remains anonymous, they have been actively developing the project since its inception. The SUDO token was created to give community members voting rights on protocol upgrades and parameter changes. Despite the lack of known founders, Sudoswap has gained traction in the NFT and DeFi spaces due to Sudoswap's innovative automated market maker model for NFT trading.

Sudoswap works as a decentralized automated market maker (AMM) protocol specifically designed for NFT trading. Here's how it operates: 1. Liquidity Pools: Users can create liquidity pools for specific NFT collections, depositing NFTs and SUDO tokens. 2. Bonding Curve: Each pool uses a bonding curve to determine NFT prices based on supply and demand. 3. Automated Trading: Buyers and sellers can instantly trade NFTs without needing to find a counterparty. 4. Concentrated Liquidity: Liquidity providers can focus their capital within specific price ranges for improved efficiency. 5. Governance: SUDO token holders can participate in protocol governance, voting on proposals and updates. 6. Fee Distribution: Trading fees are distributed to liquidity providers as rewards. 7. NFT Fractionalization: The protocol allows for partial ownership of high-value NFTs. 8. Cross-chain Compatibility: While primarily on Ethereum, Sudoswap is exploring expansion to other blockchains. As of 2025-08-29, Sudoswap has a market cap of $1.44M and is trading at $0.05707. With its innovative approach to NFT trading, Sudoswap aims to increase liquidity and accessibility in the NFT market.

Sudoswap utilizes a concentrated liquidity automated market maker (AMM) protocol specifically designed for NFT trading. Its technical architecture includes: 1. Smart contracts: Built on Ethereum, enabling decentralized trading and liquidity provision. 2. Bonding curve: Uses a custom bonding curve algorithm to determine NFT prices based on supply and demand. 3. Liquidity pools: Allows users to create and manage liquidity pools for specific NFT collections. 4. Governance mechanism: SUDO token holders can participate in protocol governance decisions. 5. ERC-20 compatibility: SUDO token follows the ERC-20 standard for seamless integration with wallets and DeFi platforms. 6. Gas optimization: Implements gas-efficient trading mechanisms to reduce transaction costs. 7. Price oracle: Integrates with external price feeds to ensure accurate NFT valuations. 8. Permissionless design: Anyone can create or interact with liquidity pools without restrictions. 9. Modular architecture: Allows for easy upgrades and additions of new features. 10. Cross-chain compatibility: Plans for future expansion to other blockchain networks. This architecture enables Sudoswap to provide efficient, low-slippage NFT trading while maintaining decentralization and user control.

The future of Sudoswap looks promising. As the governance token for Sudoswap, a pioneering AMM protocol for NFTs, SUDO is well-positioned to benefit from the growing NFT and DeFi sectors. The roadmap includes several key milestones: 2025: Expansion of Sudoswap's NFT liquidity pools and integration with major NFT marketplaces. 2026: Launch of advanced trading features and improved governance mechanisms for SUDO holders. 2027: Introduction of cross-chain functionality, allowing Sudoswap to operate on multiple blockchain networks. 2030: Development of AI-powered pricing algorithms for more efficient NFT trading. 2035: Establishment of Sudoswap as the leading decentralized platform for NFT trading and liquidity provision. The team is committed to continuous innovation and community engagement. With the current price at $0.05707 and a market cap of $1.44M, SUDO has significant room for growth. As the NFT market matures and Sudoswap's technology evolves, Sudoswap is expected to play an increasingly important role in the Web3 ecosystem.