Fundamental Analysis

Introduce

zkSwap Finance is the first Swap to Earn DeFi Platform on the zkSync Era ecosystem, pioneering a unique incentive model that rewards both liquidity providers and traders.

BasicInfo

NameValueNameValue
SymbolZFMarket Cap5598151.15015
NamezkSwap FinanceWhite Paper--
Web Sitehttps://zkswap.finance/Is ICONone
Wallet--Raised Funds-
Source--Distribution-
Explorerhttps://explorer.zksync.io/Algorithm--
Forum--Proof--
Mining Total1000000000
Supply1000000000Release Date2023-09-20
Available Supply404198639

Technical Analysis

Kline Data

DateOpenHighLowCloseVolumn
2024-12-310.013490.01410.0130.0138310392.1894415
2024-12-300.013530.014140.013050.0134814692.2859773
2024-12-290.014870.015020.01340.0135212204.9001333
2024-12-280.01380.015050.013760.0149216884.7821285
2024-12-270.014570.0150.01370.0137715462.0140445
2024-12-260.015160.015330.014130.0145516774.3211807
2024-12-250.015750.015980.015080.0151315720.5817733
2024-12-240.015220.016090.014930.0157314543.6388952
2024-12-230.014260.015450.013750.0154518438.5600502
2024-12-220.014030.014840.013960.0141912862.3433126
2024-12-210.014980.015490.013930.0140616012.7761518
2024-12-200.014470.015450.0130.0149522315.5708504
2024-12-190.016170.016530.014440.0144918546.9247083
2024-12-180.017050.017270.015570.0161321926.1034831
2024-12-170.018340.018460.017010.0171114892.8992349
2024-12-160.01840.019950.01740.0182821468.4795701
2024-12-150.018910.019270.018020.0185122697.5750191
2024-12-140.019160.019880.018260.0188523411.7102301
2024-12-130.019590.020.0180.0191329211.7134834
2024-12-120.02040.020590.01850.0194415590.0471235
2024-12-110.018310.021670.017020.0202931774.0557541
2024-12-100.018770.019350.017190.0182826460.7927902
2024-12-090.023050.023170.018150.0188233710.9532921
2024-12-080.021040.02370.02010.02346952.7590667
2024-12-070.021220.021460.019260.0210430215.4895679
2024-12-060.018860.02470.01880.0212449918.1694204
2024-12-050.018240.02070.017630.0188233763.1933674
2024-12-040.017090.019420.016960.0182832143.63478
2024-12-030.018890.020070.0160.0170840060.8642118
2024-12-020.020070.020120.017750.0189146515.0265334

Analysis

The price action over the last 30 days indicates a downtrend, characterized by lower highs and lower lows. The period began with higher volatility and larger price swings, which gradually decreased towards the end of the period. Trading volume was higher in the first half of the period, suggesting stronger momentum in initial price declines. The last few days shows a small stabilization of price action with diminished volatility and volume. The recent closing prices are at the lower end of the 30-day range, indicating persistent selling pressure. A potential short-term consolidation phase might be forming given the recent stability in price and volume. A further decline is possible if the support levels are broken. Conversely, a strong move upward may indicate a reversal. However, current technicals favor continuation of the downtrend.