# Sphere Finance (SPHERE)

**Current Price:** $0.00001017 (📈 +7.04% 24h)

**Price in BTC:** 0 BTC

**Rank:** #6703

---

## Market Statistics

| Metric | Value |
|--------|-------|
| Market Cap | $77.6K |
| Fully Diluted | $91.2K |
| Volume (24h) | $24.2 |
| Vol/Mkt Cap | 0.03% |
| Total Supply | 8,964,103,689 |
| Circulating Supply | 7,627,432,157 |

---

## Price Changes

| Period | Change |
|--------|--------|
| 1 Hour | -0.37% |
| 24 Hours | +7.04% |
| 7 Days | +5.73% |

### All-Time Records

- **All-Time High:** $0.12 (-99.99% from ATH) on Apr 16, 2022

---

## Contract Addresses

- **Polygon POS:** `0x62f594339830b90ae4c084ae7d223ffafd9658a7`

---

## Website

- [sphere.finance](<https://sphere.finance/>)

---

## Explorers

- [polygonscan.com](<https://polygonscan.com/token/0x62f594339830b90ae4c084ae7d223ffafd9658a7>)
- [intel.arkm.com](<https://intel.arkm.com/explorer/token/sphere-finance>)

---

## Categories

- [Polygon Ecosystem](<https://coinstats.app/categories/62cf32500fe1c959b31bfa2f/>)
- [Decentralized Finance \\(DeFi\\)](<https://coinstats.app/categories/62cf32500fe1c959b31bfa33/>)

---

## Community

- [Telegram](<https://t.me/SphereDeFi>)
- [Twitter](<https://twitter.com/SphereDeFi>)

---

## About Sphere Finance

<h2>What is a Coin?</h2>
<p>A coin is a digital asset that can be used as a medium of exchange\. Coins are typically created and managed by decentralized networks, such as blockchain technology, and can be used to purchase goods and services\. Sphere Finance is an example of a coin\-based platform that enables users to buy, sell, store, and transfer coins\.</p> 
<p>Sphere Finance is a decentralized finance \(DeFi\) protocol built on the Ethereum blockchain\. It allows users to access financial services such as yield farming, staking, lending, borrowing, trading and more\. The platform also offers its own native token called SPHR which can be used to pay fees on the network or for governance purposes\.</p> 
<p>Sphere Finance provides users with an easy\-to\-use interface for managing their funds in one place\. It also features advanced security measures such as multi\-signature wallets and encryption technology to keep user funds safe\. Additionally, the platform utilizes smart contracts for automated transactions which helps reduce costs associated with traditional banking systems\.</p> 
<p>Overall, Sphere Finance offers an innovative solution for accessing DeFi services in a secure and cost\-effective manner\. By leveraging the power of blockchain technology it provides users with access to financial services that were previously unavailable or too expensive\.</p>

---

## Sphere Finance Token Risks

**Trust Score:** 69/100

| Risk Type | Severity | Result |
|-----------|----------|--------|
| Proxy (Upgradeable) | 🟠 high | ✓ Passed |
| Unauthorized Token Approvals | 🟠 high | ✗ Failed |
| Transfer event amount mismatch | 🟠 high | ✗ Failed |
| Selfdestruct | 🟠 high | ✗ Failed |
| Centralized Mint | 🟠 high | ✗ Failed |
| Centralized Burn | 🟠 high | ✗ Failed |
| Blacklist | 🟠 high | ✗ Failed |
| Pausable | 🟡 medium | ✗ Failed |
| External call in transfer | 🟡 medium | ✗ Failed |
| Basic Transfer Fee | 🟡 medium | ✗ Failed |
| Cooldown checks | 🟡 medium | ✗ Failed |
| Balance Manipulation | 🟡 medium | ✗ Failed |
| Approval event not emitted | 🟡 medium | ✗ Failed |
| Blockable Transfer | 🟡 medium | ✗ Failed |
| No Transfer event emitted | 🟡 medium | ✗ Failed |
| Whitelist | 🟢 low | ✗ Failed |
| Asset Withdrawal | ⚪ minor | ✗ Failed |
| Assembly usage in transfer | ⚪ minor | ✗ Failed |
| ETH Balance Sweep | ⚪ minor | ✗ Failed |
| Not fully ERC20 compliant | ⚪ minor | ✗ Failed |

[Learn more about token risks](<https://coinstats.app/blog/risks/>)

---

## Related Assets

### Coins that Sphere Finance holders also hold

- **MATIC \(migrated to POL\)** () (2% holding)
- **BNB** () (2% holding)
- **Ethereum** () (2% holding)

### Trending Cryptocurrencies

- **Solana** (SOL)
- **Pi Network** (PI)
- **Bittensor** (TAO)
- **Optimism** (OP)
- **Tether Gold** (XAUT)
- **Zcash** (ZEC)
- **Sui** (SUI)
- **Bitcoin** (BTC)

### Similar Market Cap

- **Baby Pepe Token** ()
- **Choctopus** ()
- **crypto guy** ()
- **Aped** ()
- **Teleport System Token** ()
- **KING Coin** ()
- **ROD\.AI** ()
- **buidl** ()

---

## Sphere Finance News

### [Tuition Coin Incentives Global Educational Content With Cardano Technology](<https://coinstats.app/news/VxwFawU2g3_Tuition-Coin-Incentives-Global-Educational-Content-With-Cardano-Technology>)
*Unknown - Nov 21, 2022*

Delhi, India, 21st November, 2022, Chainwire...

### [Binance is Forming a Recovery Fund to Assist Projects Experiencing Liquidity Issues](<https://coinstats.app/news/DTxqRj4qrP_Binance-is-Forming-a-Recovery-Fund-to-Assist-Projects-Experiencing-Liquidity-Issues>)
*Unknown - Nov 14, 2022*

According to the Binance CEO, co\-investors within the sphere are free to participate in raising capital for the recovery fund\....

### [FTX uses NFT to get around the withdrawal cap for high-end consumers](<https://coinstats.app/news/QHKs2BaGdi_FTX-uses-NFT-to-get-around-the-withdrawal-cap-for-highend-consumers>)
*Unknown - Nov 12, 2022*

SNEAK PEEK Users with balances locked in FTX are doing all they can to get their money out, from purchasing Bahamas\-based NFTs to rewarding workers\. Users of the site are attempting different methods ...

### [Tether has 'no plans' to rescue FTX/Alameda, but that's not all...](<https://coinstats.app/news/aWk4xxS3hs_Tether-has-no-plans-to-rescue-FTXAlameda-but-thats-not-all>)
*Unknown - Nov 11, 2022*

As it struggles to close a purported multi\-billion dollar hole in its financial sheet, cryptocurrency exchange FTX has lost at least one possible saviour\. On 10 November, Tether CTO Paolo Ardoino affi...

---

## Also Check Sphere Finance Price On

- [CoinGecko](<https://www.coingecko.com/en/coins/sphere-finance>)
- [CoinMarketCap](<https://coinmarketcap.com/currencies/sphere-finance>)
