Swop

Swop is a token within the Solana ecosystem that serves as the native utility and incentive layer for the Swop protocol, which operates in the areas of social finance, decentralized identity, and payment solutions. The project targets creators, users, and developers by giving them a shared stake in what it describes as an 'interaction layer' — a set of tools for building profiles, storefronts, and social sites. The stated problem it addresses is the lack of a unified, incentive-aligned infrastructure for on-chain discovery, identity, and peer-to-peer interaction.

SWOP is a token on the Solana blockchain, which handles its settlement and security. Within the Swop ecosystem, the token performs several functions: holders can stake it to increase the visibility of posts, products, or profiles; holding it reduces fees on mints, redemptions, and swaps; and it gates access to premium features such as advanced analytics and SmartSite templates. Governance rights, described as future functionality, would allow token holders to vote on protocol upgrades and funding decisions.

The data provided does not include a measured fee stream for this protocol, so fee-based metrics such as revenue or yield cannot be reported here. The token's described economic role is primarily one of fee reduction — meaning holders pay lower fees rather than earning them — and access control, where staking unlocks features. The circulating supply stands at approximately 9,999,998,190 tokens against a maximum supply of 10,000,000,000, meaning 100 percent of the maximum supply has already been issued, and the dilution overhang is recorded at 0 percent, indicating no additional tokens are pending release.