Token of the Osmosis Hub, first DEX for IBC connected coins built on the Cosmos SDK

Osmosis (OSMO) is an automated market-making protocol (AMM) that specializes in the InterchainDeFi movement and is built on its own blockchain, utilizing the Cosmos SDK and IBC technologies. Osmosis is an advanced protocol focused on customizable AMMs,

where users can create, construct, design, and deploy individual and highly-customized AMMs with various modules and the on-chain governance system.

IBC or the Inter-Blockchain Communication protocol which is responsible for passing messages between independent distributed registries;

The original mission of Osmosis is to offer flexible and non-traditional tools for using AMM in the ecosystem. Automated Market Maker (AMM) is a DEX protocol that is required to price crypto assets in liquidity pools.

OSMO is a governance token that is used to distribute rewards for mining liquidity and setting a basic network fee. OSMO holders influence the strategic direction of the project by voting on protocol upgrades and governance proposals. The uniqueness of the OSMO token lies in the fact that it can be utilized both for staking and for providing liquidity.

It has a circulating supply of 282,464,369 OSMO coins and a max. supply of 1,000,000,000 OSMO coins.

If you want to know where to buy Osmosis at the current rate, the top cryptocurrency exchanges for trading in Osmosis stock are MEXC, Bitget, BKEX, ZT, and Osmosis.