ParaSwap PSP

What PSP actually is on-chain

ParaSwap is an ERC-20 deployed on Ethereum, at contract address 0xcafe001067cdef266afb7eb5a286dcfd277f3de5. That address, not the ticker PSP, is what uniquely identifies this asset: anyone can deploy a second token calling itself PSP, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.

Because it lives on Ethereum, PSP is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in PSP itself, and secondary liquidity sits in Uniswap-style AMM pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

Another asset tracked on this site also uses the ticker PSP: Pre-SP (BNB Chain, 0xea7e…6200). The asset on this page is specifically the Ethereum deployment at 0xcafe…3de5. These are unrelated tokens with separate contracts, separate supply and separate price histories — a price alert set on one of them says nothing about the others, and a ticker search is not enough to tell them apart.

For PSP the project publishes a public source repository and an active account as @paraswap. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where PSP sits in the market

ParaSwap ranks #2518, in the top of the long tail, just below the band most screeners still cover, far outside the set of assets that carry continuous market-maker coverage. At this end of the table the first question is data integrity rather than valuation: a quote can originate from a single pool or a single venue, reported volume is difficult to verify independently, and the distance between the last print and a genuinely executable price can be wide. Treat any indicator computed on this series as provisional.

We are not currently receiving a live PSP order book from any of the exchanges connected to this site, so no real-time quote is shown above. That is itself information: it usually means the pair is unlisted on the venues we track, or trading has been halted. PSP is a Ethereum asset, so whatever turnover exists is most likely in Uniswap-style AMM pools rather than on a centralised book, and every fill there costs ETH in gas on top of the pool's own fee.

PSP against its all-time high

ParaSwap's record high is $2.10, set on 2021-11-15. That high sits in a range where whole-cent and whole-unit levels are genuinely traded, which makes them usable as alert thresholds if a quote returns. It was set 5 years ago. A peak that old describes a supply structure and a holder base that have almost certainly turned over since. We are not quoting a drawdown from it because no tracked venue is giving us a live PSP price — a stale or single-pool number would make that percentage look precise when it is not.

PSP across its historical range

PSP has traded across a 1,578x range, between $0.00133083 and $2.10. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.

The record low of $0.00133083 was printed on 2026-02-23 — about a year ago. We have no live quote to measure the current distance from it.

PSP supply and valuation data

Supply figures for PSP are self-reported at this rank rather than reconciled against the chain, so we publish the valuation we have and not a circulating-supply number we cannot check. What we do have is a fully diluted valuation of $1.4 million as of 2026-05-12. That sits around the middle of the distribution — roughly half the assets tracked here carry a smaller fully diluted value.

That valuation is a point-in-time snapshot, not a live figure, so we deliberately avoid dividing it back into a token count — the price has moved since, and the arithmetic would yield a precise-looking supply number that is simply wrong. Read the current supply from the project's own explorer before relying on any per-token valuation. The authoritative figure is the one etherscan.io reports for this contract.

What kind of asset PSP is

ParaSwap is a decentralised exchange token. The economics are unusually legible for crypto: the protocol generates fees from trading volume, and the token's value proposition rests on whether it captures any of them. Volume on the underlying venue, the fee switch status and competitive pressure from other venues are the variables that actually matter — and DEX volume is itself highly cyclical, so revenue is not a stable base.

CoinGecko files PSP under 10 categories, including Decentralized Exchange (DEX), Exchange-based Tokens, Decentralized Finance (DeFi), BNB Chain Ecosystem, Polygon Ecosystem. CoinGecko also records deployments on BNB Chain (2,027 tracked tokens), Polygon (531 tracked tokens), Ethereum (3,072 tracked tokens), so on-chain liquidity is split across several networks and the cheapest venue depends on which deployment you are trading. Worth flagging from the metadata: PSP was held in the Alameda Research portfolio.

How to set a ParaSwap alert that is worth receiving

ParaSwap is the ERC-20 at 0xcafe…3de5 on Ethereum — high dated 2021-11-15 — rank #2518. On this profile the condition that carries signal is a two-sided price threshold beyond the recent band plus a 4-hour or daily RSI condition.

Full alert-design method: thresholds, RSI/MACD and volume conditions →