There are over 40,000 tokens available to search and swap in Slingshot Wallet. There are multiple ways to search for available tokens. You can use the Explore Page to browse tokens. The Swap button on the home page will also allow you to search for available tokens filtered by network.
On the Explore Page, you can view the most searched tokens, tokens with the largest 24 hour price change, and the tokens with the most 24 hour volume. Clicking a specific token will take you to its specific page, where you can watch real-time price and swap volume updates and choose to swap the token.
You can also view tokens filtered by network. If you click into a blockchain, you can see real-time updates for prices and swapping volume specific to the chain you’ve selected.
If you already know what token you are looking for, you can use the search bar at the bottom of the search page.
You can also search from tokens directly from the Home Page when swapping. Click ‘Swap’ from the home page to enter the Swap Page. Once you’ve chosen your preferred network, you can search and choose the token you’d like to swap, and the token you’d like to swap for.
When you search for any token, you will receive its price, price change in the last 24 hours, price chart, the networks it is available on, and some statistics, which are explained below:
Market Cap: Measure of a cryptocurrency's total value in the market. It is calculated by multiplying the current price of a single unit of the cryptocurrency by its total circulating supply. Market Cap gives an idea of the overall worth of a cryptocurrency and is often used to rank and compare different digital assets.
Circulating Supply: The total number of coins or tokens of a cryptocurrency that are currently in circulation and available to the public. It excludes locked or reserved tokens that may not be actively traded. This metric helps to determine the liquidity and scarcity of a cryptocurrency in the market.
FDV: Fully Diluted Valuation. It represents the total market value of a cryptocurrency if all the tokens or coins that could potentially be created in the future (through mining, staking, or other mechanisms) were in circulation. FDV provides a hypothetical maximum valuation of a cryptocurrency and is useful for evaluating its potential long-term market cap.
Total Supply: Total number of tokens that will ever exist for a cryptocurrency. It includes both the circulating supply and any tokens that are locked, reserved, or not yet released. Knowing the total supply is crucial for understanding the potential inflation rate and scarcity of a cryptocurrency.
24h Volume: The total trading volume of a cryptocurrency over the past 24 hours. It indicates the total value of all transactions (buying and selling) that have taken place within a day. High trading volume generally indicates high liquidity and active trading in the market.
Liquidity: Liquidity refers to the ease with which a cryptocurrency can be bought or sold in the market without causing significant price fluctuations. High liquidity means there are plenty of buyers and sellers, allowing for smooth and efficient trading. Low liquidity can lead to larger price spreads and potential difficulties in executing trades at desired prices.