Market cap
$17.48M
-1.03 %
Volume (24h)
$3.86M
-1.03 %
Circulating supply
403,060,530 JOE
Total supply
464,573,155 JOE
Max. supply
500,000,000 JOE
JOE (JOE)
$ 0.04
-1.03 %
Main info
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Comments
Markets
Analytics
Key data
updated $0Market cap$17.48M
Volume 24h$3.86M
Circulating supply403.06M81% of max 500M
All-time high$5.09-99% from peak · 2021-11-21
JOE (ticker: JOE) is the native token of Trader Joe, a decentralized exchange built on the Avalanche blockchain. In simple terms, it's the utility token that keeps the platform running: holders can vote on protocol decisions, stake their coins to earn a share of trading fees, and get rewarded for supplying liquidity. JOE has a hard cap of 500,000,000 coins, meaning that's the maximum that will ever exist.
Frequently asked questions
What is JOE, and how is it different from Bitcoin or Ethereum?
JOE isn't a standalone cryptocurrency with its own blockchain — it's a token living on Avalanche that powers the Trader Joe exchange. Bitcoin is mainly digital money and Ethereum is a general-purpose computing platform, while JOE's whole purpose is to coordinate and reward activity within one specific DeFi app.
How does JOE's technology and consensus work?
JOE is issued as a smart-contract token on Avalanche's C-Chain, so it relies on that network's security instead of maintaining its own blockchain. Avalanche settles transactions through a consensus method that repeatedly polls small random groups of validators, which allows fast finality and high throughput. For users, that means JOE transfers confirm within seconds at low cost.
How is JOE's emission structured?
JOE has a fixed hard cap of 500,000,000 coins, so the total supply can never exceed that number. Tokens were released gradually as rewards to liquidity providers on the exchange, with emission rates stepping down over time. The design steers supply toward its ceiling rather than printing coins forever.
How can I store and use JOE?
Because JOE runs on Avalanche, you need a wallet that supports the Avalanche C-Chain — most popular non-custodial wallets do. Once you hold it, you can stake JOE on Trader Joe to earn a share of protocol fees, vote in governance, or trade it like any other token. Just double-check the network before sending, since moving coins to the wrong chain is a common and painful mistake.