Tokemak (TOKE) is a blockchain platform that aims to create sustainable liquidity for all DeFi applications. The goal of Tokemak is to generate a protocol for decentralized markets with the evolution and growth of Web3. Web3 or Web 3.0 is the third generation of internet services that plans to decentralize information on the internet. 

Tokemak aims to work as a decentralized platform that plans to change the way traditional liquidity markets operate. The platform aims to act as a guiding figure to the exchanges and aid in monitoring the liquidity flow for the traders. The aim of Tokemak is to use the platform to allow users to control the liquidity of assets in the market. TOKE is the native functionality token available on the ecosystem. The process starts with the Tokemak, which fetches the name from 'TOKAMAK', a nuclear-fusion reactor. The TOKAMAK reactors generate sustainable energy through plasma ionization. Each cryptocurrency has an individual reactor.

So, by using the platform’s version of the reactor, Tokemak aims to control the process of liquidity flow as given below:

Tokemak, in turn, aims to offer ownership and control opportunities to the TOKE holders. The primary aim for the token holders is to choose the way liquidity flows in a Defi setup. In the pre-liquidity phase, the token holders can earn TOKE as liquidity providers and directors. The platform also plans to release one billion TOKE with 30 percent as reward emissions. The platform focuses to reserve the rest for contributors, teams, investors, and reactor events. Tokemak also plans to engage new Defi projects by allotting a reactor through the process to generate liquidity. The platform aspires to become the primary place from where the liquidity of assets can flow across various networks.

According to the website, the idea and launch of the platform were in the first quarter of 2021. The idea was to introduce a novel and Defi primitive which can create sustainable liquidity. The reactors use Tokemechs or pilots who offer the community identity to the platform.

We update our Tokemak to USD currency in real-time. Get the live price of Tokemak on Coinbase.

The current market cap of Tokemak is $17.03M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Tokemak is $75.99. This all-time high is highest price paid for Tokemak since it was launched.

Over the last 24 hours, the trading volume of Tokemak is $265.12K.

Assets that have a similar market cap to Tokemak include Orbiter Finance, Mango, Sui Name Service, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Tokemak is 84 million.