Cykura (CYS)
1. Fundamental Analysis
1.1 Introduce
Cykura is a concentrated liquidity market maker protocol that aims to be the go-to liquidity provider for digital asset trading on Solana. Cykura leverages the exponentially greater efficiency of Uniswap V3-style concentrated liquidity and combines it with the flexibility of Serum’s order books to radically transform the market making landscape of DeFi.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | CYS | Market Cap | 63638.672 |
| Name | Cykura | White Paper | -- |
| Web Site | https://cykura.io/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://explorer.solana.com/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 100000000 | |
| Supply | 100000000 | Release Date | 2021-09-10 |
| Available Supply | 11632000 |
2. Technical Analysis
2.1 Kline Chart
2.2 Analysis
The K-line chart displays a strong upward trend with a few consolidation periods. The volume has been increasing, indicating higher interest and activity in the market. The price has been fluctuating within a range, but the overall trend is upwards. Future trends may continue to rise, but there could be consolidation or pullbacks. It is advisable to monitor the price action closely for potential entry points.
