# GSNAKE (GSNAKE)

> Snake Finance is a seigniorage protocol operating on Sonic Chain that uses algorithmic mechanisms to maintain a target mirrored value between SNAKE and S tokens. The protocol employs a dual-token system (SNAKE and gSNAKE) alongside a Peg Stability Module (PSM) and NEST emissions system for managing token supply and distribution.

The platform implements governance mechanisms through gSNAKE holdings and plans to participate in future gauge voting systems across the Sonic ecosystem, allowing for community-driven protocol development

## Price Data

- **Current Price**: $1.72
- **Market Cap**: $59.90K
- **Fully Diluted Valuation**: $106.71K
- **Circulating Supply**: 34,923.117 GSNAKE
- **Total Supply**: 62,210.9 GSNAKE

## Price Changes

- **24h**: +0.15%
- **30d**: -0.01%
- **90d**: -0.28%
- **365d**: -0.96%

## Chain Availability

Available on: sonic

## Resources

- [Website](https://snake.finance)
- [Coingecko](https://www.coingecko.com/en/coins/gsnake)

## Links

- [View on Zerion](https://app.zerion.io/tokens/GSNAKE-a3a9d984-4e3b-4ca6-93ca-d3fa4d0fed16)
- [Trade on Zerion](https://app.zerion.io/tokens/GSNAKE-a3a9d984-4e3b-4ca6-93ca-d3fa4d0fed16)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset