JOE

JOE price

JOE
|
3.6/5
CyberScope
4.2
05/23/2024
TokenInsight
2.9
04/06/2023
The rating provided is an aggregated rating collected by OKX TR from the sources provided and is for informational purpose only. OKX TR does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX TR does not guarantee any return, repayment of principal or interest. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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USD
USD
$0.45180
-1.79%
1h
24h
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1M
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JOE price live data

The current price of JOE is $0.45180. Since 00:00 UTC, JOE has decreased by -1.78%. It currently has a circulating supply of 341,459,396 JOE and a maximum supply of 500,000,000 JOE, giving it a fully diluted market cap of $153.86M. At present, JOE holds the 153 position in market cap rankings. The JOE/USD price is updated in real-time.

JOE price performance in USD

Time periodChange amount%Chg
Today-$0.00820 -1.79%
7 days-$0.04370 -8.82%
30 days-$0.15090 -25.04%
3 months-$0.11220 -19.90%

JOE market information

24h low/high
The highest, lowest, and last prices in 24 hours
24h low$0.43340
Last price $0.45180
24h high$0.47350
Heat index ranking
118
Market cap ranking
153
Market cap
$153.86M
Favorited rate
Percentage of users who favorited this asset to all users
0.55%
All-time high
$1.6500
-72.62% (-$1.1982)
Apr 8, 2022 (2 years ago)
All-time low
$0.13000
+247.53% ($0.32180)
Dec 30, 2022 (2 years ago)
ICO date
08/09/2021
ICO price
The price at which this crypto was first traded
$0
Circulating supply
The amount of this crypto that is publicly available in the market
341,459,396 JOE
Market cap at circulating supply
Market cap = Circulating supply × Last price
$225.30M

About JOE (JOE)

Trader Joe (JOE) is a decentralized cryptocurrency exchange (DEX) that operates on the blockchain, offering users a seamless platform for buying and selling digital assets. As a DEX, Trader Joe provides a decentralized and secure trading environment without intermediaries or central authorities. This gives users complete control over their assets and promotes a more transparent and trustless trading experience.

What is Trader Joe?

Trader Joe is a decentralized exchange (DEX) operating on the Avalanche network, providing a wide range of decentralized finance (DeFi) services, including staking, yield farming, and trading. It aims to be a comprehensive one-stop shop for various DeFi offerings, such as lending/borrowing, liquidity pools, launchpads, and non-fungible tokens (NFTs). With its user-friendly interface, Trader Joe is an automated market maker (AMM), making it accessible and convenient for users to participate in DeFi activities.

The Trader Joe team

The Trader Joe team remains anonymous, with the platform being launched in 2021 by founders known by the pseudonyms Cryptofish and OxMurloc. Cryptofish is described as a smart contracts engineer and early contributor to several Avalanche network projects. OxMurloc claims to be an experienced full-stack developer with a background in start-up creation. In addition to the founders, Trader Joe benefits from a team of skilled developers, traders, and marketers.

How does Trader Joe work?

Trader Joe combines lending, DEX, and averaged trading. It is the first to implement limit orders which helps to eliminate price slippage, which is one of the most common problems of DEXs. The platform provides trading and swapping services as well as other DeFi-related options like yield farming, lending, and staking.

JOE: Trader Joe’s native token

JOE is the native token of Trader Joe's decentralized exchange (DEX). Unlike other DEXs, Trader Joe offers a plethora of use cases for its token, making it a fundamental element of the project. JOE plays a crucial role in the liquidity pools, allowing users to add or withdraw liquidity from the existing pools.

Additionally, it serves as a staking asset, facilitates lending/borrowing, and acts as a governance token. JOE holders enjoy voting rights, enabling them to actively participate in shaping the future of the DEX through making recommendations and decisions.

JOE tokenomics

JOE has a maximum supply of 500 million tokens, with a circulating supply of 341.48 million tokens. The tokenomics of JOE allow users to engage in lending and borrowing activities on Trader Joe's platform. Additionally, JOE holders will have access to the project's integrated launchpad.

JOE use cases

JOE serves as a governance token, granting holders voting rights on the network. It also enables staking, allowing users to earn rewards. JOE provides access to the Trader Joe Launchpad. Additionally, the token is utilized in the liquidity pool, enabling lending and borrowing services on the Trader Joe platform.

Distribution of JOE

JOE is distributed as follows:

  • Fifty percent is allocated to liquidity providers.
  • Twenty percent is allotted for the Trader Joe treasury.
  • Twenty percent is held by the development team.
  • Ten percent is reserved for future supporters.

What does the future hold for Trader Joe?

Trader Joe aims to become a comprehensive exchange platform, blending DeFi and DEX functionalities. The team is committed to enhancing the platform by integrating more tools, enabling sustainable yield trading, and advanced farming options for users. Additionally, Trader Joe plans to incorporate limit orders, options, and futures trading into its offering. With its speed, efficiency, and user-friendly interface, the platform has attracted strong backers within the space, including Stani Kulechov, the founder of AAVE (AVVE). The future looks promising for Trader Joe as it continues to evolve and expand its services in the DeFi space.

JOE FAQ

What is Trader Joe? 

Trader Joe is a decentralized exchange (DEX) operating on the Avalanche blockchain, providing a wide range of DeFi-related services, including lending, farming, and liquidity provision. It seeks to be a comprehensive platform for all things DeFi, promoting accessibility and equal market entry through its user-friendly interface. Despite being relatively new, Trader Joe has achieved significant success, becoming the largest AMM DEX with the highest total value locked (TVL) within the Avalanche ecosystem.

What are the utility and benefits of holding JOE? 

Holding JOE tokens offers various advantages to users. Token holders can stake JOE to earn stablecoins, providing a passive income opportunity. Additionally, holding JOE allows users to participate in liquidity provision for pools, granting voting privileges within the community and fostering a sense of belonging. Moreover, JOE provides access to the Trader Joe launchpad, unlocking exciting opportunities for users to engage with new projects and innovations.

Where can I buy JOE? 

Easily buy JOE ttokens on the OKX TR cryptocurrency platform. One available trading pair in the OKX TR spot trading terminal is JOE/USDT. You can also swap your existing cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), for JOE with zero fees and no price slippage by using OKX TR Convert.

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1 JOE ≈ $0.45180 USD
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