Sudoswap (SUDO)

Sudoswap, also called sudoAMM, is an Ethereum-based automated market maker for swapping NFTs and tokens through liquidity pools with customizable bonding curves. Pool prices change as NFTs are bought or sold, so the quote depends on the pool’s assets, curve, and settings rather than a single collection-wide floor price.

Stat Value
Ticker SUDO
Price $0.03656
Market Cap $935,257
24h Change -1.3%

CoinGecko market data checked on 2026-10-24. Price, market capitalization, and 24-hour change may update on page load and can be delayed. Not financial advice.

How the NFT Pools Work

A liquidity provider chooses which NFT collection and payment asset to use, whether a pool buys NFTs, sells them, or does both, and which bonding curve sets its quotes. Sudoswap’s documentation lists linear, exponential, and constant-product curves. Each trade changes the pool’s inventory and therefore its next quote. A pool quote is not automatically the collection’s market-wide floor price.

The protocol documentation describes support for ERC-721 and ERC-1155 NFTs paired with ETH or ERC-20 tokens. A basic collection pool may quote the same price for different ERC-721 token IDs; sudoAMM v2 also documents on-chain property filters for pools that need to select items by traits or token-ID ranges.

Creator Royalties

The earlier blanket description of Sudoswap as having no enforced creator royalties does not describe every version. sudoAMM v2 documentation says royalties can be enforced at the pool contract level for ERC-2981 collections and through supported royalty sources. Creator settings can change the fee split for eligible pools, including allowing royalties to be waived. The outcome therefore depends on the collection and pool settings; check the specific pool before trading.

SUDO Token and Tokenomics

SUDO was introduced as the sudoAMM protocol’s governance token. A 2022 launch announcement described an initial 60 million SUDO distribution plan: 41.9% for XMON holders, 25.1% for the treasury, 15% each for initial team members and SudoRandom Labs, and 1.5% each for 0xmon NFT holders and a retroactive liquidity-provider airdrop. Those figures describe the announced allocation, not current circulating supply or present-day governance activity. CoinGecko lists SUDO as an Ethereum token and provides changing supply and market information on its asset page.

Risks and Practical Checks

Pool liquidity can be limited, and bonding curves can move prices sharply as inventory changes. Liquidity providers can end up holding a different mix of NFTs and tokens than they intended. NFT traits, royalties, pool fees, token approvals, and contract risks also matter. Before swapping, inspect the exact pool, the collection contract, its royalty configuration, and the amount received after fees; do not treat one pool quote as proof of a collection-wide value.

Related Terms

See Also

Swap crypto with ChangeNOW

Sources