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# ParaSwap (PSP)

ParaSwap announces migration to VeloraDEX ($VLR), offering incentives for early adopters and a protocol upgrade focused on revenue-tied staking rewards. Concerns remain about staked $PSP deprecation and potential tokenomic issues.

### About ParaSwap
ParaSwap is a decentralized exchange aggregator that is rebranding to VeloraDEX.  
ParaSwap uses the ticker $PSP for trading. Listed in the [Cryptocurrencies](/list/cryptocurrencies) category within the [BNB Chain Ecosystem](/list/cryptocurrencies/bsc), [Avalanche Ecosystem](/list/cryptocurrencies/avalanche), [DeFi](/list/cryptocurrencies/defi), [DAO](/list/cryptocurrencies/dao) and [Exchange Tokens](/list/cryptocurrencies/exchange-tokens) sectors.
ParaSwap available on ethereum address 0xcafe001067cdef266afb7eb5a286dcfd277f3de5, optimism address 0xd3594E879B358F430E20F82bea61e83562d49D48, fantom address 0xcafe001067cdef266afb7eb5a286dcfd277f3de5, bnbchain address 0xcafe001067cdef266afb7eb5a286dcfd277f3de5, polygon address 0x42d61d766b85431666b39b89c43011f24451bff6.

### Insights
- ParaSwap (PSP) market cap is up XXXXX% from the previous week.
- ParaSwap (PSP) social dominance is up XXXXXX% from the previous week.
- ParaSwap (PSP) sentiment is up XXXXX% from the previous week.

### Price: $XXXXX
![Price Line Chart](https://lunarcrush.com/gi/w:600/t:$psp/c:line/m:close/iv:1d.svg)  
[Price 24-Hour Time-Series Raw Data](/topic/$psp/time-series/close.tsv)  
The price is experiencing consolidation with negative movement and decreased trading volume due to the ongoing migration from $PSP to $VLR. Positive sentiment and high social engagement around the migration could lead to a recovery if the transition is successful.  

1-Hour: XXXXX%
24-Hour: -XXXX%
7-Day: -XXXX%
30-Day: XXX%

1-Year High: $XXXXX on 2025-09-16  
1-Year Low: $XXXXXXX on 2025-11-06  
  
  
### AltRank: XXXXX
![AltRank Line Chart](https://lunarcrush.com/gi/w:600/t:$psp/c:line/m:alt_rank/iv:1d.svg)  
[AltRank 24-Hour Time-Series Raw Data](/topic/$psp/time-series/alt_rank.tsv)  
ParaSwap (PSP) is currently AltRank #1,795 based on combined combined social and market metrics
Daily Average: XXXXX  
X Week: XXXXX -XXX  
X Month: XXXXX +365  
X Months: XXXXX -XXXXX  
X Year: XXXXX +119  
1-Year High: XXXXX on 2025-08-01  
1-Year Low: XX on 2025-09-16  
  
  
### Galaxy Score: XXXXX
![Galaxy Score Line Chart](https://lunarcrush.com/gi/w:600/t:$psp/c:line/m:galaxy_score/iv:1d.svg)  
[Galaxy Score 24-Hour Time-Series Raw Data](/topic/$psp/time-series/galaxy_score.tsv)  
Current Value: XXXXX  
Daily Average: XX  
X Week: XX -XX  
X Month: XX -XX  
X Months: XX -XX  
X Year: XX +2  
1-Year High: XX on 2025-05-27  
1-Year Low: X on 2025-10-09  
  
  
### Engagements: XXX (24h)
![Engagements Line Chart](https://lunarcrush.com/gi/w:600/t:$psp/c:line/m:interactions/iv:1d.svg)  
[Engagements 24-Hour Time-Series Raw Data](/topic/$psp/time-series/interactions.tsv)  
Current Value: XXX  
Daily Average: XXXXX  
X Week: XXX -XX%  
X Month: XXXXXX -XXXX%  
X Months: XXXXXXXXX +65%  
X Year: XXXXXXXXX -XX%  
1-Year High: XXXXXXX on 2025-09-19  
1-Year Low: XX on 2025-12-06  

Engagements by network (24h):
X: XXX

  
  
### Mentions: XX (24h)
![Mentions Line Chart](https://lunarcrush.com/gi/w:600/t:$psp/c:line/m:posts_active/iv:1d.svg)  
[Mentions 24-Hour Time-Series Raw Data](/topic/$psp/time-series/posts_active.tsv)  
Current Value: XX  
Daily Average: XX  
X Week: XXX -XX%  
X Month: XXX +10%  
X Months: XXXXX +90%  
X Year: XXXXX +87%  
1-Year High: XXX on 2025-09-19  
1-Year Low: X on 2025-12-06  

Mentions by network (24h):
X: XX

  
  
### Creators: XX (24h)
![Creators Line Chart](https://lunarcrush.com/gi/w:600/t:$psp/c:line/m:contributors_active/iv:1d.svg)  
[Creators 24-Hour Time-Series Raw Data](/topic/$psp/time-series/contributors_active.tsv)  
XX unique social accounts have posts mentioning ParaSwap (PSP) in the last XX hours which is down XX% from XX in the previous XX hours
Daily Average: XX  
X Week: XX -XX%  
X Month: XXX +1.40%  
X Months: XXXXX +81%  
X Year: XXXXX +59%  
1-Year High: XXX on 2025-09-19  
1-Year Low: X on 2025-12-06  

The most influential creators that mention ParaSwap in the last XX hours

| Creator                                              | Rank | Followers | Posts | Engagements |
| -------                                              | ---- | --------- | ----- | ----------- |
| [@CoinBubbles_App](/creator/twitter/CoinBubbles_App) | X    | XXX       | X     | XX          |
| [@aicryptopattern](/creator/twitter/aicryptopattern) | X    | XXXXX     | X     | X           |
| [@SPOWER_OFFCIAL](/creator/twitter/SPOWER_OFFCIAL)   | X    | XXXXX     | X     | X           |

[View More](/list/creators/$psp/100)
  
  
### Sentiment: XX%
![Sentiment Line Chart](https://lunarcrush.com/gi/w:600/t:$psp/c:line/m:sentiment/iv:1d.svg)  
[Sentiment 24-Hour Time-Series Raw Data](/topic/$psp/time-series/sentiment.tsv)  
Current Value: XX%  
Daily Average: XX%  
X Week: XXX% +14%  
X Month: XX% -XX%  
X Months: XX% -XX%  
X Year: XX% -XX%  
1-Year High: XXX% on 2025-01-01  
1-Year Low: XX% on 2025-10-28  

Most Supportive Themes:
- Protocol Upgrade and Token Migration: (60%) The rebranding to VeloraDEX and the migration from $PSP to $VLR is highlighted as a protocol upgrade, not just a rebrand. Benefits include unified governance, staking rewards tied to protocol revenue, and increased liquidity.
- Early Adopter Incentives: (30%) Incentives for early adopters migrating to $VLR, particularly on the Base network, are being offered, including bonus rewards.
- Rebrand to VeloraDEX: (10%) The rebrand to VeloraDEX and its intent-based trading architecture is viewed positively, with users praising the platform's efficiency and ease of use.
  
Most Critical Themes:
- Deprecation of Staked $PSP: (5%) Staked $PSP tokens are being deprecated, meaning holders will lose rewards and governance rights if they do not migrate.
- Tokenomic Concerns: (5%) Potential concerns exist regarding tokenomics, such as the risk of inflation or dumps due to high initial emissions, which could affect long-term sustainability.
  
  
  
### Social Dominance: XXXXXXX%
![Social Dominance Line Chart](https://lunarcrush.com/gi/w:600/t:$psp/c:line/m:social_dominance/iv:1d.svg)  
[Social Dominance 24-Hour Time-Series Raw Data](/topic/$psp/time-series/social_dominance.tsv)  
Current Value: XXXXXXX%  
Daily Average: XXXXXXX%  
X Week: XXXXXXX% +0.00158%  
X Month: XXXXX% +0.0014%  
X Months: XXXXX% -XXXXX%  
X Year: XXXXX% -XXXXXX%  
1-Year High: XXXXX% on 2025-09-19  
1-Year Low: XXXXXX% on 2025-10-13  
  
  
### Trading Volume: $XXXXXXXX
![Trading Volume Line Chart](https://lunarcrush.com/gi/w:600/t:$psp/c:line/m:volume_24h/iv:1d.svg)  
[Trading Volume 24-Hour Time-Series Raw Data](/topic/$psp/time-series/volume_24h.tsv)  
Current Value: $XXXXXXXX  
Daily Average: $XXXXXXX  
X Week: $XXXXXXXX -$4.90%  
X Month: $XXXXXXXX -$77%  
X Months: $XXXXXXXX -$100%  
X Year: $XXXXXXXX -$99%  
1-Year High: $XXXXXXXXX on 2025-09-16  
1-Year Low: $XXXXXX on 2025-11-06  
  
  
### Market Dominance: XXXXXXXXXXXXXXXXXXXXXX%
![Market Dominance Line Chart](https://lunarcrush.com/gi/w:600/t:$psp/c:line/m:market_dominance/iv:1d.svg)  
[Market Dominance 24-Hour Time-Series Raw Data](/topic/$psp/time-series/market_dominance.tsv)  
Current Value: XXXXXXXXXXXXXXXXXXXXXX%  
Daily Average: X%  
1-Year High: XXXXXXX% on 2025-03-02  
1-Year Low: XXXXXXX% on 2025-11-06  
  
  
### Market Cap: $XXXXXXXXXX
![Market Cap Line Chart](https://lunarcrush.com/gi/w:600/t:$psp/c:line/m:market_cap/iv:1d.svg)  
[Market Cap 24-Hour Time-Series Raw Data](/topic/$psp/time-series/market_cap.tsv)  
Current Value: $XXXXXXXXXX  
Daily Average: $XXXXXXXXXX  
X Week: $XXXXXXXXX +$40%  
X Month: $XXXXXXXXX +$4.70%  
X Months: $XXXXXXXXX -$68%  
X Year: $XXXXXXXXX -$74%  
1-Year High: $XXXXXXXXXX on 2024-12-16  
1-Year Low: $XXXXXXXXX on 2025-11-06  
  
  
### Circulating Supply: XXXXXXXXXXX
![Circulating Supply Line Chart](https://lunarcrush.com/gi/w:600/t:$psp/c:line/m:circulating_supply/iv:1d.svg)  
[Circulating Supply 24-Hour Time-Series Raw Data](/topic/$psp/time-series/circulating_supply.tsv)  
Current Value: XXXXXXXXXXX  
Daily Average: XXXXXXXXXXXXX  
1-Year High: XXXXXXXXXXXXX on 2025-06-19  
1-Year Low: XXXXXXXXXXX on 2025-12-10  

### Top ParaSwap Social Posts
Top posts by engagements in the last XX hours

*Showing only X posts for non-authenticated requests. Use your API key in requests for full results.*

"$PSP Guys Don't miss the Target price for Next Week. 🚨🚀"  
[X Link](https://x.com/Emily56392/status/1998767840682455136) [@Emily56392](/creator/x/Emily56392) 2025-12-10T14:52Z X followers, X engagements


"$PSP Guys Don't miss the next move in a few hours.➡"  
[X Link](https://x.com/Somia64235/status/1998722758600175788) [@Somia64235](/creator/x/Somia64235) 2025-12-10T11:53Z X followers, X engagements


"Industry ETFs ranked by price strength and price momentum re Dec. X close: $BIZD $SNSR $JETS $XRT $KRE $PSP"  
[X Link](https://x.com/macroQmicro/status/1998566948838453763) [@macroQmicro](/creator/x/macroQmicro) 2025-12-10T01:34Z 1965 followers, XXX engagements


"🔥24hr Leading Climbers (Ranks 901-1000 MC) $XX (The Official XX Coin) +27.99% $ZEUS (Zeus Network) +13.18% $PSP (ParaSwap) +5.42% $PRCL (Parcl) +3.81% $WOD (World of Dypians) +3.66% $ICE (Ice Open Network) +2.77% $BB (Bitboard) +2.57% $TOKE (Tokemak) +2.07% $NIBI (Nibiru) +1.74% $ASP (Aspecta) +1.12% $GAL (Galatasaray Fan Token) +1.04% $SWEAT (SWEAT) +1.02% $TAC (TAC Protocol) +0.86% $NOS (Nosana) +0.63% $RSS3 (RSS3) +0.45% $AGRS (Agoras: Tau Net) +0.40% $PNK (Kleros) +0.18% $UNS (UNS TOKEN) +0.00% $COLX (ColossusXT) +0.00% $TIPon (iShares TIPS Bond Tokenized ETF (Ondo)) +0.00% $SYNC"  
[X Link](https://x.com/CoinBubbles_App/status/1998300282690920956) [@CoinBubbles_App](/creator/x/CoinBubbles_App) 2025-12-09T07:54Z XXX followers, XXX engagements