SpookySwap [Old] Price

SpookySwap (BOO) is a cryptocurrency launched in 2021. It operates as the native utility and governance token for the SpookySwap automated market-making decentralized exchange, a protocol originally deployed on the Fantom Opera network.

The protocol delivers trustless token swaps by pooling liquidity from users, eschewing order books entirely. SpookySwap solves the friction of custodial intermediaries and fragmented liquidity that plague older exchange models. Deep, permissionless pools and community-driven yield farming transform it into the primary DeFi hub on Fantom, while bridged token versions extend its reach to Ethereum and Avalanche ecosystems.

SpookySwap’s application layer operates on the Fantom network. Its smart contracts execute directly on Fantom’s mainnet, exploiting EVM compatibility for low-latency execution and near-zero transaction costs.

The token adheres to the ERC-20 standard, with verified and publicly auditable contracts living on Fantom, Ethereum, and Avalanche’s C-Chain. Cross-chain bridging logic lets BOO flow across these networks, while the core AMM engine uses a constant product market maker formula to price assets. Source code sits openly in GitHub repositories, with on-chain contract verification across multiple explorers.

The project surfaced in April 2021, precisely as Fantom’s DeFi landscape was taking shape. SpookySwap rapidly accumulated liquidity and transaction volume, becoming a cornerstone exchange on the chain. Its founders remain pseudonymous—a norm in the sector—yet a committed community and continuous repository updates have sustained the protocol through multiple market cycles.

The long-term objective is a censorship-resistant trading venue where no single entity can freeze orders or seize funds. By decentralizing the entire swap and liquidity provision stack, the exchange pursues global, frictionless asset exchange without gatekeepers.

BOO mechanically coordinates the protocol’s incentive layer. Liquidity providers receive BOO emissions for staking LP tokens, which deepens pool liquidity and tightens spreads. Governance power is coupled to token holdings, granting voting weight over fee parameters, reward distribution schedules, and protocol treasury allocations.

Yield farmers stake LP positions to harvest BOO rewards and compound their exposure. Traders often route through BOO-denominated pools to tap incentive programs or to enter and exit niche ecosystem assets. Stakers can also capture a share of trading fees by locking tokens into specialized fee-sharing vaults.

SpookySwap has a maximum supply of 13,666,000 tokens. Currently, 7,259,209.71 are in circulation. With a market capitalization of $120,996.49, SpookySwap ranks #2,849 among all cryptocurrencies.