SALT

SALT Price

About SALT (SALT)

SALT is a pioneer in the cryptocurrency-backed lending space, allowing users to obtain cash loans by using their digital assets as collateral without selling them.

• Launched in 2016, it is one of the original providers of blockchain-backed credit, offering services to individuals, businesses, and private clients.
• The platform features proprietary risk management tools like Stabilization (STAMP™), which protects collateral value during market volatility by automatically converting assets to stablecoins.
• SALT operates as a regulated entity in the United States, emphasizing security through battle-tested processes and comprehensive cyber insurance.

What Is SALT

SALT (Secured Automated Lending Technology) is a lending platform that bridges the gap between digital assets and traditional finance. It allows holders of major cryptocurrencies to unlock liquidity from their holdings without triggering the tax implications or loss of future upside associated with selling.

Value moves through the system when users deposit digital assets, such as Bitcoin or Ethereum, into the SALT platform as collateral. In exchange, they receive loans in fiat currency or stablecoins. The SALT token was originally designed as a membership asset required to access the platform's lending services and obtain favorable loan terms. As the ecosystem grows, the platform aims to expand its wealth management and asset protection services, leveraging its established infrastructure and regulatory compliance.

What Makes SALT Unique

• Pioneer Status: As the original Bitcoin lender since 2016, SALT has a long operational history and has maintained a record of zero customer asset losses through multiple market cycles.
• Stabilization (STAMP™): This proprietary execution engine provides a safety net by automatically converting collateral to USDC if market prices drop significantly, preventing liquidation and preserving borrower equity.
• US Regulatory Compliance: SALT is a licensed provider in the United States and has reached a formal settlement with the SEC to register its tokens as securities, providing a level of transparency and oversight uncommon in the decentralized lending space.
• SALT Shield™: A dedicated risk management feature for high-value loans that offers additional protections and monitoring for sophisticated investors and businesses.

What Can You Use SALT for?

• Liquidity without Selling: Users can access cash for personal or business expenses (up to 70% Loan to Value) while maintaining long-term exposure to their cryptocurrency holdings.
• Strategic Reinvestment: Investors can use loan proceeds to grow their portfolios or diversify into other assets without selling their core positions.
• Yield Generation: Through SALT LEND, users can earn competitive returns on their idle Bitcoin, Ethereum, or stablecoins by providing liquidity to the platform.
• Business Capital: Companies can raise operational funds or manage payroll by leveraging their digital treasury assets instead of relying on traditional credit-based financing.

How Does SALT Work?

The platform uses Secured Automated Lending Technology to manage credit agreements. When a user applies for a loan, the system evaluates the collateral's value rather than the borrower's credit score. This allows for fast access to funds, typically within 24 to 48 business hours.

Once collateral is deposited into a secure, insured storage environment, the loan is funded. Users pay protocol service fees in the form of interest on their loans and may use SALT tokens to access specific membership tiers or benefits. As an application utility token, SALT powers access to the platform's specialized lending and wealth management features. If the collateral's value falls below a certain threshold, the Stabilization mechanism may trigger to protect the borrower's equity by moving it into a stable asset until market conditions improve.

Team Info and Investors

SALT was founded in 2016 and is based in Denver, Colorado. The company is currently led by CEO Justin English, who oversaw the firm's transition following its settlement with the U.S. Securities and Exchange Commission (SEC) in 2020. Early backers and associates included prominent figures in the cryptocurrency space, such as ShapeShift CEO Erik Voorhees.

The project is managed by Salt Blockchain Inc. (formerly Salt Lending Holdings, Inc.), which maintains its status as a registered security issuer under Section 12(g) of the Securities Exchange Act of 1934. The platform is part of the broader Ethereum Ecosystem as the SALT token is issued as an ERC-20 token.

Where can you buy SALT?

SALT tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade SALT is Uniswap V2 (Ethereum), where the most active trading pair SALT/USDC has a trading volume of $2,670.38 in the last 24 hours.

What is the daily trading volume of SALT (SALT)?

The trading volume of SALT (SALT) is $3,622.81 in the last 24 hours, representing a 3,756.50% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for SALT (SALT)?

SALT (SALT) reached an all-time high of $17.22 and an all-time low of $0.001268. It’s now trading -100.00% below that peak and 346.80% above its lowest price.

What is the market cap of SALT (SALT)?

Market capitalization of SALT (SALT) is $495,908 and is ranked #3539 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of SALT tokens (87 Million tokens are tradable on the market today).

What is the fully diluted valuation of SALT (SALT)?

The fully diluted valuation (FDV) of SALT (SALT) is $680,265. This is a statistical representation of the maximum market cap, assuming the maximum number of 120 Million SALT tokens are in circulation today. Depending on how the emission schedule of SALT tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of SALT compare against its peers?

With a price decline of -42.30% in the last 7 days, SALT (SALT) is underperforming the global cryptocurrency market which is down -3.40%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

How to add SALT (SALT) to MetaMask?

Adding SALT (SALT) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import SALT as a token. You can copy SALT’s contract address (0x4156d3342d5c385a87d264f90653733592000581) and import it manually, or if you've installed MetaMask's chrome extension, add SALT to MetaMask with one click on CoinGecko.

Add SALT to MetaMask.