SAFEMOON

SAFEMOON

sfmRank #3810
Explorers:solscan.iointel.arkm.com

Market Data

SAFEMOON Price
$0
SAFEMOON 24h Change
-2.97%
SAFEMOON 7d Change
+23.39%
SAFEMOON Market Cap
$483.68K
SAFEMOON 24h Volume
$30.52
SAFEMOON FDV
$483.68K
SAFEMOON Circulating Supply
614,007,140,466
SAFEMOON All-Time High
$0

About SAFEMOON

SafeMoon (SFM) is a decentralized finance (DeFi) asset and auto-liquidity generating protocol that originally launched on the BNB Chain in 2021 before migrating its primary token contract to the Solana ecosystem. The protocol is known for its reflection mechanism, which applies a tax on transactions to redistribute a portion of the fees to existing holders and provide automatic liquidity. This model is designed to incentivize long-term holding and reduce supply through burns. While it gained significant popularity within the meme coin community, the project has faced substantial regulatory scrutiny and structural criticism.

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