What is Eggs Finance (EGGS)?
Eggs Finance is a DeFi protocol built on the Sonic blockchain. It utilizes the EGGS token, which is secured by S tokens in the protocol, to facilitate loans with 99% LTV. Borrow S by using EGGS as collateral. Burning mechanisms ensure that the ratio of S per EGGS in the contract can only increase. This creates intrinsic value, or a price floor, for EGGS within the protocol and prevents loans from falling under collateral. EGGS can be redeemed for the underlying S on the dApp.
Where can you buy Eggs Finance?
Eggs Finance (EGGS) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for EGGS 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.
The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for EGGS. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.