Data: The market value of the ETH chain ecological token FLOOD has exceeded 5 million USD, with a daily increase of over 500%

According to GMGN data, the market value of the ETH chain ecological token FLOOD briefly surged past 5 million USD, currently reported at 4.09 million USD, with a daily increase of over 500%.

FLOOD is a yield-generating constant product token based on Uniswap V4 Hook, with a total supply of 50 million tokens, all deployed at genesis to three unilateral liquidity pools: FLOOD/WETH, FLOOD/USDC, and FLOOD/USDT, with no team allocation, treasury, or airdrop. The asset reserves generated from user purchases will enter the corresponding Aave v3 market to earn yields, and transaction fees will also remain in the pool to increase reserves and affect the token price.

ChainCatcher reminds users that the price of this token is highly volatile, and investors should be aware of the risks.