Token · SWCH · Rank #2,259
SwissCheese (SWCH): Uses, Supply and Risks
SwissCheese aims to connect crypto markets with digital representations of traditional stocks. Here’s what is known about SWCH’s uses, supply, network and risks.
Market data
SWCH market data
- Market cap
- $2.30M
- Rank #2,259
- Fully diluted value
- $2.32M
- Volume (24h)
- $226K
- Change 7d / 30d
- +8.7% / −29.8%
- Change 1y
- −90.1%
- Circulating supply
- 119.15M
- Total / max supply
- 120M / 120M
- All-time high
- $1.01
- Dec 8, 2023
- All-time low
- $0.0152
- Oct 26, 2026
## What is SwissCheese (SWCH)?
What is SwissCheese (SWCH)?
SwissCheese is a blockchain-based investment platform project, and SWCH is its named token. The project describes a goal of connecting cryptocurrency markets with traditional stock markets by representing traditional stocks digitally. It also presents the platform as a place where users may buy, sell, swap, pool, stake and borrow digital assets. These are project aims, not a guarantee that every feature or stock representation is available in every region or at all times.
SWCH is issued on Polygon, but it is not listed as the native token of a blockchain. That distinction matters: Polygon is the network on which the token is issued, rather than a chain whose operation depends on SWCH. The project description does not provide a launch date or explain a consensus or mining role for the token. SwissCheese’s broad aim is to make investment tools more accessible, but readers should check current platform documentation for operational details and the legal status of any stock-linked product.
## What is SWCH used for?
What is SWCH used for?
The project’s description names SWCH as its native token but does not spell out specific token functions, such as the exact fees it may pay or the rights it may provide. Some public token summaries describe SWCH as being used for trading, staking and governance. Treat those as reported uses rather than a complete specification: public sources do not set out staking conditions, governance procedures, rewards or voting rights.
SwissCheese describes broader platform activities that include trading, swapping, pooling, staking and borrowing digital assets, including digital representations of traditional stocks. Those platform features do not automatically mean SWCH is required for each activity or that holding SWCH gives a claim on a stock, company, dividend or platform revenue. Before using the token or a platform feature, confirm the current terms, supported assets, fees and any eligibility requirements directly through official SwissCheese materials. Avoid relying on general token descriptions to infer rights that have not been clearly stated.
## Supply and market information
Supply and market information
SWCH has a maximum supply of 120 million tokens, with 120 million listed as the total supply and 119.15 million as circulating supply in the figures available for November 5, 2026. Supply figures can change if tokens are released, burned or reclassified, so check current information before relying on them. The token has no stated inflation or emission schedule in the project description.
As of November 5, 2026, SWCH traded at about $0.0194, with a market capitalization of about $2.3 million. These are time-sensitive figures, not a valuation forecast. The recorded all-time high was about $1.01 on December 8, 2023, and the all-time low was about $0.0152 on October 26, 2026. Past prices do not indicate future performance. SWCH’s price can move sharply, and a quoted market price does not guarantee that a large trade can be completed at that level.
## Network and storage
Network and storage
SWCH is issued on Polygon. Public sources do not specify a token contract address or state the precise token standard, so do not assume that any similarly named token is the official asset. If you plan to receive or store SWCH, verify the network and contract details against official SwissCheese information before sending funds. Sending tokens to an incompatible network or an incorrect address may lead to permanent loss.
A self-custody wallet that supports the verified Polygon token can give you control of the keys, but it also makes you responsible for protecting them. Keep recovery phrases offline and private, and check the destination address before confirming a transfer. A custodian may hold tokens for you, but then access depends on the provider’s security, terms and withdrawal policies. Neither method removes smart-contract, phishing, network or platform risks. Never share a recovery phrase or approve a transaction you do not understand.
## Risks to consider
Risks to consider
SWCH is a small-cap crypto asset with a volatile trading history. Its price can be affected by limited liquidity, changes in demand, market conditions and developments in the SwissCheese project. A market-cap figure is only an estimate based on price and circulating supply; it does not mean holders can sell all their tokens at that value. Do not treat past highs, recent price changes or stated platform ambitions as evidence of likely returns.
There are additional risks if you use platform features involving digital asset pools, borrowing, staking or stock representations. Smart-contract faults, operational problems, changes in access or terms, and the legal treatment of tokenized securities can all matter. The project description does not establish what legal claim a user has to a stock representation, so check the product’s current terms and applicable rules before taking part. Consider whether you can afford a total loss, and do not invest money needed for essential expenses.
By the numbers
SwissCheese in numbers
SwissCheese (SWCH) is ranked #2,259 by market capitalisation, with a market cap of about $2.30M and a price of $0.0193 as of Nov 6, 2026. Its fully diluted valuation ($2.32M) is close to its market cap, so little new supply is still to come.
The price was up 8.7% over 7 days, down 29.8% over 30 days, down 90.1% over the past year. It trades about 98% below its all-time high of $1.01, set on Dec 8, 2023.
About 119.15M SWCH are in circulation out of a maximum supply of 120M (99% issued).
24-hour trading volume was about $226K, or 9.8% of its market cap: high turnover.
SWCH has token contracts on Polygon. Always check the contract address before buying or bridging: copycat tokens often reuse a well-known name and ticker.
CoinGecko groups SWCH under DEX tokens, Exchange tokens.
Where it runs
SWCH chains and contract addresses
| Chain | Contract |
|---|---|
| Polygon | 0x3ce132…8edce1 |
Contract addresses as listed by CoinGecko. Verify them on the project's own channels before sending funds.
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DEX tokens near SWCH in market cap
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SpiderSwap#2338 · $0.002098 · −8.0% 7d
Grey Goo#2340 · $0.002099 · +14.2% 7d
SWCH FAQs
What blockchain is SWCH on?
SWCH is issued on Polygon, but it is not identified as a native Polygon network token. Verify the official network and token contract before transferring it.
What is SWCH used for?
The project names SWCH as its token, but its description does not detail specific token rights or requirements. Public summaries mention trading, staking and governance, so check current official documentation for the exact terms.
What is the maximum supply of SWCH?
The listed maximum supply is 120 million SWCH, with 119.15 million circulating and 120 million total in the figures available as of November 5, 2026. Supply information can change, so confirm current figures before relying on them.
How can I store SWCH?
Use a wallet that supports the verified Polygon token, and confirm the official contract and recipient address before sending. Keep wallet recovery details private; an incorrect transfer or lost keys may be irreversible.
Is SWCH a risky token?
SWCH has had substantial price movement, and its market price and liquidity can change quickly. Platform, smart-contract, custody and legal risks also apply; there is no assurance of future returns.
What is the market cap of SwissCheese?
As of Nov 6, 2026, SwissCheese had a market cap of about $2.30M, ranking #2,259 among cryptocurrencies by market capitalisation. Market cap is price multiplied by circulating supply, so it moves with the price.
What is the all-time high of SWCH?
SwissCheese's all-time high is $1.01, reached on Dec 8, 2023. Its all-time low is $0.0152 (Oct 26, 2026). Past prices say nothing about future returns.
What is the circulating supply of SWCH?
As of Nov 6, 2026, about 119.15M SWCH were in circulation, against a maximum supply of 120M.
Which blockchains is SWCH on?
It has token contracts on Polygon.