What is DragonSwap (DRG)?
Launched in June 2024, DragonSwap is the native liquidity hub on Sei Network. It serves as the native automated market maker (AMM) on Sei and supports multiple liquidity types, including constant product (XYK) pools, concentrated liquidity pools, and permissionless yield farms to incentivize liquidity provision across a range of trading pairs. By leveraging Sei’s parallelized and high-throughput infrastructure, DragonSwap can process transactions with low latency and minimal time to finality.
How does DragonSwap work?
This enables a seamless user experience, particularly for traders seeking fast execution and reduced slippage. The Sei Network’s Giga upgrade further enhances the protocol’s ability to scale with growing user and volume demand. Liquidity providers (LPs) on DragonSwap can choose between simple XYK pools or concentrated liquidity positions, offering greater flexibility in how capital is deployed. LPs earn a share of trading fees generated within each pool. In addition to organic fee revenue, DragonSwap offers emissions-based incentives to reward liquidity on strategic trading pairs.
What is DragonSwap used for?
These incentives are managed through internal mechanisms and updated periodically based on market conditions. DragonSwap is powered by the DRG token, which plays a central role in protocol incentives. DRG is used to reward LPs, bootstrap liquidity, and support ecosystem development. A portion of token emissions are allocated to farms and other incentives that drive network activity and user engagement. DragonSwap was built with a modular architecture that supports ongoing upgrades and ecosystem integrations.
Where can you buy DragonSwap?
DragonSwap (DRG) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for DRG sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting DRG, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of DragonSwap (DRG)?
The reported 24-hour trading volume of DragonSwap is $4.00K. Volume is a live reading of how much DRG changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.
What is the highest and lowest price for DragonSwap (DRG)?
DragonSwap reached an all-time high of $0.0730 on July 21, 2025, and an all-time low of $0.008294 on February 7, 2026. It is currently trading -86.07% from its peak and +22.59% from its bottom.
The distance from ATH is a useful gauge of recovery potential during a bear market and of stretched positioning during a bull market. Combined with the all-time-low figure it provides a quick statistical frame for thinking about where DRG sits in its long-run price range.
What is the market cap of DragonSwap (DRG)?
DragonSwap's market capitalization is currently $2.51M, and it is ranked #2082 by market cap on Cryptopricing. Market cap is calculated as the current price multiplied by the circulating supply (245.43 million DRG are actively circulating today).
Market cap is a common but imperfect measure. It reflects the theoretical value of every circulating token at the current market price, but it doesn't capture how thin the top of the order book might be - an important caveat for tokens with low floats or illiquid cap tables.
What is the fully diluted valuation of DragonSwap (DRG)?
The fully diluted valuation (FDV) of DragonSwap is $10.21M. FDV is a projection of what the market cap would be if every token that will ever exist - including those that have not yet been unlocked, mined or issued - were in circulation at the current price.
FDV is a useful second reading alongside market cap. A large gap between mcap and FDV signals that future token emissions could dilute current holders, while a small gap indicates that supply is already mostly out.
How does the price performance of DragonSwap compare against its peers?
Over the past 24 hours, DragonSwap has moved +0.04%. Over the past seven days, the change is -2.17%. Comparing these figures to the global crypto market cap change (shown in the ticker at the top of this page) tells you whether DRG is leading, lagging or tracking the broader market.
For deeper analysis, the categories strip on the home page groups coins by theme - Layer 1, Meme, DePIN, AI, RWA and so on - and lets you compare DragonSwap against its closest peers. The category detail pages surface the underlying coins and their seven-day sparklines in a single view.
How to store DragonSwap?
Like any crypto asset, the right way to store DRG depends on how often you plan to use it. Long-term holders typically self-custody using a hardware wallet such as Ledger or Trezor, which keeps private keys offline and immune to most remote attacks.
For active traders, a reputable custodial exchange wallet can be appropriate, especially one with clear proof-of-reserves attestations. Whatever approach you choose, the most important rule is to keep your recovery phrase offline, never share it, and never enter it into a web form or attached to a DM - no legitimate support agent will ever ask for it.
