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sudoswap

sudoswap (SUDO)

$ 0.04
-1.58 %
Main info
News
Comments
Markets
Analytics
Market cap
$969.66K
-1.58 %
Volume (24h)
$560.27
-1.58 %
Circulating supply
25,399,633 SUDO
Total supply
58,056,418 SUDO
Max. supply
60,000,000 SUDO

Key data

updated $0
Market cap$969.66K
Volume 24h$560.27
Circulating supply25.4M42% of max 60M
All-time high$4.16-99% from peak · 2023-02-19

Sudoswap (SUDO) is the governance token of Sudoswap, a decentralized NFT marketplace built on Ethereum. Unlike traditional NFT platforms, Sudoswap uses automated market maker (AMM) mechanics — the same technology that powers DeFi exchanges like Uniswap — letting people buy and sell NFTs instantly at prices set by liquidity pools rather than waiting for a buyer or seller to show up.

Frequently asked questions

What is sudoswap and how is it different from other NFT marketplaces?

Sudoswap is a decentralized NFT trading protocol that applies AMM (automated market maker) logic to NFTs. Instead of listing an NFT and waiting for a buyer, you can sell into a liquidity pool or buy from one instantly. It also charges lower fees than most traditional marketplaces and removes royalty payments to creators by default, which sparked significant debate in the NFT community.

How does the technology behind sudoswap work?

Sudoswap runs on Ethereum as a set of smart contracts. Liquidity providers deposit NFTs and/or ETH into pools, and a bonding curve formula automatically adjusts prices as items are bought or sold. This creates continuous, instant liquidity for NFT collections without an order book or a counterparty.

How is SUDO token emission structured?

SUDO was launched via an airdrop to users of the platform and early community members, with no VC allocation — a deliberate choice by the team. The token has a fixed maximum supply, and additional portions were distributed through time-based vesting. Details of the exact schedule are documented in the project's official governance materials.

How can you store and use SUDO?

SUDO is an ERC-20 token on Ethereum, so it can be stored in any Ethereum-compatible wallet such as MetaMask, Rabby, or a hardware wallet. Its main use is governance — holders can vote on protocol decisions and changes to how the platform operates. It can also be traded on decentralized exchanges on Ethereum.