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DragonSwap

DRG Rank #1767
$0.0192▲ 4.89%24h
Low $0.0183High $0.0194

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Market cap$4.76MRank #1767
Fully diluted value$19.21M
Volume (24h)$95.2KVol / Mcap 2.00%
Circulating supply247.83M24.8% of max
Total supply1.00B
Max supply1.00B
All-time high$0.1274Mar 26, 2026
All-time low$0.005351Jul 11, 2026

What is DragonSwap?

Overview

DragonSwap functions as Sei Network's native liquidity protocol, connecting traders and liquidity providers. Traders execute swaps across multiple trading pairs with minimal latency, while liquidity providers earn fees by supplying capital to the protocol's pools. The platform serves users seeking efficient market execution on Sei's parallelized infrastructure.

How it works

The protocol operates on Sei Network v2 and uses modular smart contracts to support multiple pool types: constant product (XYK) pools and concentrated liquidity positions. Liquidity providers choose their preferred structure, and Sei's architecture enables fast settlement and reduced slippage. The protocol also offers incentive programs on selected trading pairs to encourage liquidity growth.

Token and supply

DRG is the protocol's native token, with a maximum supply of 1 billion. DRG rewards liquidity providers, funds ecosystem development, and incentivizes participation through farm emissions that adjust based on market conditions. Token holders earn a portion of trading fee revenue generated across the protocol.

Team and history

DragonSwap launched in June 2024. The founding team includes veterans from established DeFi infrastructure projects, focused on building a scalable trading layer aligned with Sei's performance objectives.

Where to trade DRG

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DRG funding rates

Live perpetual funding on every connected exchange. Positive = longs pay shorts.

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Contracts & chains

Exact contract or mint per network — the identity layer used for DEX routing.

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On-chain routes

Networks with a connected DEX routing adapter.

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