What is Swarm Markets (SMT)?
Swarm is a blockchain platform that brings unique digitization and trading solutions to the world of traditional finance. It is the first organization in the world to offer digitized US treasury bills and Apple stock via a compliant and decentralized platform. Day to day, we work with real-world-asset owners to tokenize collateral and build trading infrastructure in a compliant way.
How does Swarm Markets work?
Issuers that need compliance guarantees to build secondary markets of tokenized securities, including fixed income products, choose to partner Swarm.Swarm is a hybrid, embracing the advantages of blockchain-trading - flexibility, speed and efficiency - and pairing it with the trust and asset-range typically enjoyed by traditional exchanges. Swarm aims to integrate TradFi with DeFi so that everything becomes "Fi". For more information, visit the website.
What is Swarm Markets used for?
Our mission is to enable customers to conduct transactions with blockchain-based tokens representing all asset classes easily, cost-effectively and securely, in a regulatory-safe environment, while preserving the core benefits of DeFi: peer-to-peer, self-custody, on-chain transparency, and networked liquidity.
Where can you buy Swarm Markets?
Swarm Markets (SMT) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for SMT 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 SMT, 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 Swarm Markets (SMT)?
The reported 24-hour trading volume of Swarm Markets is $65.48K. Volume is a live reading of how much SMT 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 market cap of Swarm Markets (SMT)?
Swarm Markets's market capitalization is currently $3.56M, and it is ranked #1952 by market cap on Cryptopricing. Market cap is calculated as the current price multiplied by the circulating supply (92.00 million SMT 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 Swarm Markets (SMT)?
The fully diluted valuation (FDV) of Swarm Markets is $5.72M. 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 Swarm Markets compare against its peers?
Over the past 24 hours, Swarm Markets has moved -4.89%. Over the past seven days, the change is -4.20%. Comparing these figures to the global crypto market cap change (shown in the ticker at the top of this page) tells you whether SMT 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 Swarm Markets against its closest peers. The category detail pages surface the underlying coins and their seven-day sparklines in a single view.
How to store Swarm Markets?
Like any crypto asset, the right way to store SMT 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.
