Baymax Finance is a decentralized perpetual contract trading protocol that allows its users to trade with up to 30x leverage. In addition, the platform has a native token, BAY, to enable a robust ecosystem around governance, rewards, and staking to further drive future growth and decentralization of Baymax for a better user experience.
Baymax aims to become the best solution for traders who intend to stay in control of their funds at all times without sharing their data. Its simple but innovative design gives it many advantages over other DEXes.
Minimal transaction fees
No price impact, even for large order sizes
Protection against liquidation events: the sudden changes in price that can commonly happen in one exchange ("scam wicks") are smoothed out by the pricing mechanism design
All-in-one platform: spot and also leverage trading
Where is BayMax Finance available for purchase?
You can exchange BAY tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading BayMax Finance is Trader Joe, notably the BAY/USDC pair, which saw a trading volume of $ 1.028 in the past day.
What is the highest value BayMax Finance (BAY) has ever reached?
BayMax Finance (BAY) reached its peak price at 0.09954 $ on 07 September 2024, approximately a few seconds ago ago. Presently, the current price is -99.86% lower than this all-time high.
What is the historical minimum price for BayMax Finance (BAY)?
The minimum price reached for BayMax Finance (BAY) was 0.0001263 $, documented on 07 September 2024, more than a few seconds ago. In comparison, the current price is 2.63%, it above this historical low.
What is the fully diluted valuation of BayMax Finance (BAY)?
The fully diluted valuation (FDV) of BayMax Finance (BAY) stands at $ 2,651.87. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 100,000,000 BAY tokens. The realization of this FDV might take several years depending on the emission schedule of BAY tokens.