🚀 "Stargate Finance (STG) Slides to ~$0.17 Amid Cross-Chain DeFi Demand Cooling"
🔹 Quick Stats (August 2025)
Price: ~$0.17 (↓ ~6% over 24 h)
Market Cap: ~$161 M
Supply: ~971 M STG circulating of a 1 B max (~97%)
Volume: ~$2.6 M (24 h)
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🔧 What Is STG?
STG is the native token of Stargate Finance, a cross-chain decentralized liquidity bridge built on LayerZero. It enables users to transfer native assets across multiple chains like Ethereum, Avalanche, BNB Chain, and more—with unified liquidity pools and instant finality. STG utilities include staking for veSTG governance, liquidity provision, and farming rewards.
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📈 Highlights
24-hour decline (~6%) signals a pause after prior strong momentum
Near-max token circulation (~97%), limiting immediate inflation risk and emphasizing the scarcity narrative
Still far below peak price: ATH was ~$4.28 in early 2022—current price represents a ~96% drawdown
Cross-chain hub: Facilitates asset transfers across over eight major blockchains, supporting liquidity, farming, and governance use cases via veSTG
> Disclaimer: For educational use only—not financial advice.
