Coins / ParaSwap / PSP → ALGO
ParaSwap Algorand

Convert PSPon Optimism to ALGO

1 PSP ≈ 0.01184409 ALGO

Swap ParaSwap (PSP) on Optimism to Algorand (ALGO) at the best cross-chain rate. SwitchFi routes your PSP → ALGO exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.

PSP to ALGO market data

Metric PSP · Optimism ALGO
Price $0.001117 $0.09433
Market cap $1.04M $852.64M
24h volume $28 $38.30M
24h change +0.56% +0.94%
7d change +17.60% +8.00%
24h high / low $0.001169 / $0.0009463 $0.0975 / $0.09341
All-time high $2.10 $3.56
Market cap rank #2874 #79

What is the PSP to ALGO exchange rate?

At the current market price, 1 PSP ≈ 0.01184409 ALGO, and 1 ALGO ≈ 84.4303 PSP. The rate moves with the market; the exact amount you receive is quoted from live liquidity in your wallet before you sign.

In size terms ParaSwap is the junior asset: it is valued at $1.04M against Algorand's $852.64M, a gap of about 817×. PSP holds rank #2874 while ALGO holds #79 by market capitalisation. Over the past 24 hours PSP is +0.56% while ALGO is +0.94%, so the PSP/ALGO rate has moved in ALGO's favour. On a 7-day view the tape shows PSP +17.60% and ALGO +8.00%. With $28 and $38.30M in respective daily volume, neither side of a PSP→ALGO swap struggles for depth. PSP currently trades 99.9% below its all-time high, while ALGO sits 97.4% under its own peak.

PSP to ALGO converter & price calculator

Indicative, based on current market prices. Get a live quote in the swap.

PSP / ALGO conversion tables

PSP to ALGO
0.1 PSP0.00118441 ALGO
0.5 PSP0.00592204 ALGO
1 PSP0.01184409 ALGO
5 PSP0.05922043 ALGO
10 PSP0.11844086 ALGO
50 PSP0.5922043 ALGO
100 PSP1.1844 ALGO
500 PSP5.922 ALGO
1000 PSP11.8441 ALGO
ALGO to PSP
0.1 ALGO8.443 PSP
0.5 ALGO42.2152 PSP
1 ALGO84.4303 PSP
5 ALGO422.1516 PSP
10 ALGO844.3032 PSP
50 ALGO4221.52 PSP
100 ALGO8443.03 PSP
500 ALGO42215.16 PSP
1000 ALGO84430.32 PSP
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About ParaSwap and Algorand

With a total market value of $1.04M, ParaSwap (PSP) sits at #2874 among all cryptocurrencies. The price sits 99.9% under the record high of $2.10. 934.59M PSP is circulating out of a hard cap of 2.00B PSP — about 47% of the eventual supply. Recent performance reads +17.60% over 7 days and +15.20% over the past month for PSP. Its 24-hour trading volume is $28.

Algorand (ALGO) ranks #79 by market capitalisation at $852.64M. Compared with its $3.56 all-time peak, it currently trades 97.4% lower. 9.04B ALGO is circulating out of a hard cap of 10.00B ALGO — about 90% of the eventual supply. Recent performance reads +8.00% over 7 days and +4.70% over the past month for ALGO. Around $38.30M of ALGO changes hands every 24 hours.

How to convert PSP to ALGO

  1. 1 Enter the amount of PSP on Optimism you want to convert — the swap widget on this page is prefilled with the PSP → ALGO pair.
  2. 2 Connect a compatible wallet: MetaMask, OKX, Trust Wallet, TokenPocket, TronLink, UniSat, Phantom and others.
  3. 3 Review the quoted route — the estimated and minimum amount of ALGO you will receive, plus network, DEX and bridge fees, are all shown before you sign.
  4. 4 Confirm the transaction in your wallet and track the swap on the My transactions page until the funds arrive.

PSP to ALGO FAQ

What is the PSP to ALGO exchange rate?

At current prices one PSP converts to about 0.01184409 ALGO, and one ALGO to about 84.4303 PSP. The figure tracks the market in real time — the binding rate is the one quoted at execution.

How to swap, exchange or convert PSP to ALGO on SwitchFi?

Enter the amount of PSP you want to pay, connect your wallet, review the quote and confirm. SwitchFi routes the swap across DEXs and bridges to the best PSP→ALGO path — non-custodial, straight from your wallet.

Is the PSP to ALGO swap instant?

Same-chain swaps settle in seconds; cross-chain routes typically take a few minutes while the bridge confirms on both sides. You can track live status until the funds land.

Are there fees to convert PSP to ALGO?

SwitchFi shows the network, DEX and bridge fees up front in the quote. You always see the minimum you'll receive before confirming — there are no hidden custody fees because you never give up control of your funds.

Do I need an account to exchange PSP for ALGO?

No account is needed. You connect a wallet, approve the swap and receive the funds directly — there is no registration or KYC step for on-chain swaps.

Market data by CoinGecko, cached server-side. Prices are informational — the exact swap rate is quoted at execution time.