JOE Price

JOE (JOE) is a cryptocurrency token launched in 2021 that operates on the Avalanche C-Chain platform. It currently ranks #556 with a price of $0.1933, showing a +5.29% change in the last 24 hours. JOE has a circulating supply of 398.13M JOE out of a maximum supply of 500M JOE. With a market cap of $76.96M, it serves multiple functions within the DeFi ecosystem, primarily as a utility token for decentralized exchange services. JOE supports staking, yield farming, and liquidity provision across multiple blockchain ecosystems including Avalanche, Arbitrum, and Mantle. The token reached its all-time high of $5.09 and has maintained active trading with a 24-hour volume of $309.37K.

JOE was created on June 4, 2021. It was launched on the Avalanche C-Chain platform as a utility token for the Trader Joe decentralized exchange. JOE serves multiple functions within its ecosystem, including governance, staking, and yield farming. Since its launch, it has expanded to other networks including Arbitrum and Mantle ecosystems. The token has a maximum supply of 500M JOE with 398.13M JOE currently in circulation.

JOE was founded by a team of developers from Trader Joe, a decentralized trading platform on the Avalanche blockchain. The project was launched in June 2021 as the native token of the Trader Joe ecosystem. While the founding team initially remained pseudonymous (a common practice in DeFi), they have since established the LFJ Foundation to govern the protocol. The founding team's vision was to create a comprehensive DeFi platform that combines DEX functionality with lending, staking, and yield farming capabilities, all powered by the JOE token.

JOE works as a multi-chain decentralized exchange (DEX) token built primarily on the Avalanche blockchain. It functions through an Automated Market Maker (AMM) protocol that enables users to trade cryptocurrencies without traditional order books. The JOE token serves multiple purposes within its ecosystem: 1. Governance: Token holders can vote on protocol changes and proposals 2. Staking: Users can stake JOE to earn rewards from trading fees 3. Yield farming: Liquidity providers earn JOE rewards 4. Fee discounts: Holders receive reduced trading fees With a current price of $0.1933 and 24-hour change of +5.29%, JOE has a market cap of $76.96M. The token has a circulating supply of 398.13M JOE out of a maximum supply of 500M JOE. JOE has expanded beyond Avalanche to operate on Arbitrum and Mantle networks, enhancing its cross-chain functionality and liquidity options for DeFi users.

JOE operates on a multi-chain technical architecture primarily built on the Avalanche C-Chain platform, with additional deployments on Arbitrum and Mantle networks. The token uses ERC-20 compatible smart contracts with the address 0x6e84a6216eA6dACC71eE8E6b0a5B7322EEbC0fDd on Avalanche. The architecture supports decentralized exchange (DEX) functionality with automated market maker (AMM) protocols, enabling liquidity provision, yield farming, and staking mechanisms. JOE's technical design incorporates governance features allowing JOE holders to participate in protocol decisions. With a maximum supply of 500M JOE tokens and 398.13M JOE currently in circulation, the system is designed to maintain scarcity while supporting the ecosystem's DeFi operations. The architecture also includes cross-chain compatibility, allowing JOE to function across multiple blockchain environments while maintaining consistent tokenomics and utility.

JOE has an ambitious roadmap focused on expanding its multi-chain DeFi ecosystem. Currently ranked #556 with a price of $0.1933, JOE plans to enhance its DEX capabilities, introduce more yield farming opportunities, and strengthen cross-chain functionality across Avalanche, Arbitrum, and Mantle networks by 2026. The development team aims to implement governance improvements, launch new liquidity pools, and expand staking mechanisms by 2027. Their long-term vision includes becoming a comprehensive DeFi hub with advanced AMM features, improved tokenomics, and broader ecosystem integration by 2030. With a maximum supply of 500M JOE and current circulating supply of 398.13M JOE, JOE has room for growth. The team is focused on increasing utility, enhancing security, and building strategic partnerships to drive adoption and value appreciation in the coming years.