A few days ago, Teacher Long talked about a coin #GS GammaSwap. Many friends bought a bit and profited quite a lot, so let's have a simple chat.

This is not a meme, but a coin issued by a legitimate project. First, the contract address: 0xb08D8BeCAB1bf76A9Ce3d2d5fa946F65EC1d3e83

It is not listed yet, and currently, it can only be purchased on-chain, on the UNI ARB chain.

GammaSwap is a non-oracle volatility DEX that allows for volatility trading through perpetual derivatives similar to cross, bullish, and bearish options in traditional financial markets. In simple terms, it's a DEFI project. I played around on the official website, and besides the very standard swap, pools (which reward GS tokens), and staking, the main product it emphasizes is volatility trading. Friends who play options will be very familiar with this; the overall interface is also very simple and clear, with a foolproof operation. As shown in the picture, the system provides a cross return chart, where you just need to choose leverage and deposit funds. Of course, there are also options for bullish and bearish plays.

According to DefiLlama data, the current TVL of this project is stable at over 9 million, peaking close to 15 million. With the market warming up, there is a trend towards reaching new highs. Currently, the project's market cap is 15 million, with a fully diluted valuation of 115 million. The price of GS tokens is currently around 0.07.

Overall, this project has some small innovations, has a financing background, and the issued coin is still in the early stage of on-chain circulation, with expectations of being listed. Interested partners can consider a small investment.