DL News • May 14, 24
The GameStop surge is reigniting crypto’s memecoin craze — here are the winners
Keith Gill, aka Roaring Kitty, broke an almost three-year social media hiatus that sparked a market frenzy.
Read more
Create a Coinbase account to buy and sell Dypius on the most secure crypto exchange.
Dypius is a powerful, decentralized ecosystem with a focus on scalability, security, and global adoption through next-gen infrastructure. Dypius offers a variety of products and services that cater to both beginners and advanced users in the digital space, including yield farming, staking, DeFi tools, NFTs, and Metaverse.
Dypius is a decentralized ecosystem that aims to focus on scalability, reliability, and global adoption through its advanced infrastructure. It provides a range of products and services that cater to both beginners and advanced users in the digital space. These include yield farming, staking, DeFi tools, NFTs, and Metaverse. Dypius also includes an anti-manipulation feature that aims to protect users and their funds. It aims to collaborate with teams that are dedicated to providing a reliable and trustworthy service. Dypius also provides users with real-time data analytics, unique safety measures, and fresh market trends.
Dypius operates through a variety of tools and platforms. DYP Tools provide users with access to real-time data analytics and a wide range of interactive, decentralized applications. DYP tokens represent voting shares in Dypius Governance, enabling shared community ownership of a vibrant, diverse, and dedicated governance system. The Dypius Launchpad allows projects to raise capital in a decentralized environment, aiming to provide a high level of reliability for users. The Dypius Metaverse allows users to explore and experience the virtual reality of the crypto space, with options to play, build, and discover within the platform.
Dypius provides a variety of potential use cases. Its DeFi tools, yield farming, and staking services aim to cater to both beginners and advanced users in the digital space. The Dypius Governance system allows DYP token holders to vote on various initiatives, potentially adding more pools, burning tokens, or allocating DYP toward grants and strategic partnerships. The Cats and Watches Society (CAWS) NFT collection developed by Dypius provides unique NFTs with various utilities, including the ability to join a staking pool to receive compensation. The Dypius Metaverse provides a virtual reality experience, with opportunities for gameplay, creative building, and exploration.
While the specific history of Dypius is not detailed, it is clear that the platform has been developed with a focus on reliability, scalability, and global adoption. Dypius has shown a commitment to user reliability, collaborating with reputable security audit companies like Blockchain Consilium, CertiK, and PeckShield to avoid vulnerabilities in the development of its smart contracts. It has also demonstrated flexibility and adaptability in response to new and emerging market trends. The platform's various features and services, including DYP Tools, Dypius Governance, the Dypius Launchpad, and the Dypius Metaverse, reflect its ongoing efforts to provide a wide-ranging and user-friendly ecosystem for digital currency users.
Dypius's technology is designed to optimize yield farming and liquidity provision by leveraging the power of decentralized finance (DeFi). Yield farming is a strategy where cryptocurrency holders lock up or lend their holdings in a DeFi protocol to receive non-monetary incentives, typically in the form of additional tokens. Dypius's technology seeks to streamline this process by providing a platform where users can allocate their tokens to a liquidity pool on a DeFi protocol to receive non-financial benefits. The non-financial benefits are usually given in the protocol's governance token, incentivizing the use of the platform and rewarding the community for contributing liquidity. The process involves liquidity providers, also known as yield farmers, allocating tokens in a DeFi application and receiving non-financial benefits paid out in the protocol’s token. These tokens are locked in a smart contract, which programmatically provides users with tokens as they fulfill certain conditions. On the other hand, liquidity provision is the act of allocating cryptocurrency into a liquidity pool, which is used to facilitate trades on decentralized platforms. By allocating tokens into a liquidity pool, liquidity providers receive a portion of the trading fees paid by users who trade on the decentralized platform. Dypius's technology seeks to enhance the efficiency of this process for users by aiming to provide a robust platform for liquidity provision. It's important to note that while yield farming and liquidity provision can potentially provide non-financial benefits, they also come with substantial risks, including impermanent loss, smart contract flaws, fluctuating rates, and volatile prices. Therefore, users should conduct thorough research and exercise caution when participating in these activities.
Dypius differentiates itself by introducing an anti-manipulation policy that strives to maintain stability, fair access to liquidity, and provide a simplified DeFi platform for users of all sizes. It introduces DYP Tools, a service that aims to help users maximize their non-monetary benefits by accessing data for more than 4500 pools on ETH or AVAX networks. This includes important stats that aim to help users stay safe and advantageous, such as available pools, level of confidence, Total Value Locked (TVL), and Annual Percentage Yield (APY). Dypius is in the process of developing a metaverse platform integrating the CAWS NFT collection, aiming to provide an immersive experience with varied environments to explore, real-time user interaction, user customization, and more.
Participating in Dypius's liquidity pools offers several advantages to liquidity providers. One aspect is the opportunity to participate in the protocol's reward system. By participating in a pool, users may be part of the protocol's reward system. This mechanism allows individuals to receive non-monetary incentives by depositing their tokens into a liquidity pool. Another aspect is that liquidity pools aim to improve market interactions within the DeFi space. They address liquidity challenges often faced in traditional financial markets, particularly with less popular tokens or during periods of high volatility. By aggregating funds from multiple participants, liquidity pools ensure sufficient liquidity for traders, leading to tighter spreads, reduced slippage, and price stability. A further aspect is the flexibility and accessibility of liquidity pools. Unlike traditional financial systems with strict requirements or limitations, liquidity pools in DeFi are open to anyone with an internet connection and compatible assets. Finally, by contributing liquidity to a pool, individuals gain access to various decentralized finance activities, such as lending and borrowing, yield farming, and decentralized exchanges. This participation may allow users to engage in protocol-specific activities, potentially including governance participation.
To stake your tokens, you need to visit the iDYP Dapp page and select your network. Once you've selected the network, you'll have two options: Claim or Stake. If you participated in the iDYP community allocation, you can stake your tokens directly. If not, you can claim your tokens during a three-month period. Please note that if you acquired iDYP using a certain network, you'll need to use the same wallet connected to that network to claim or stake your tokens. Dypius is considering the introduction of new pools for transaction processing and token acquisition on various blockchain networks.
Impermanent loss is a risk that liquidity providers face when the value of their deposited assets changes, potentially resulting in less value than if they had simply held the cryptocurrencies. Dypius strives to mitigate this risk by implementing strategies such as participating in stablecoin pools, timing market volatility, and diversifying across multi-asset pools. Stablecoin pools may potentially mitigate the risk of impermanent loss as they aim to smooth out volatility by being pegged to traditional assets like fiat currencies. One approach to mitigating risk could involve holding fluctuating cryptocurrencies in liquidity pools during periods of lower volatility. Diversifying across multi-asset pools can help mitigate the risk of impermanent loss because the more diverse the pool's assets, the less impact the price fluctuation of any single asset has on the overall value of the pool.
Dypius supports a variety of assets and protocols for yield farming and engagement. Users may engage with DYP, the native token of Dypius, on three networks: ETH, BSC, or AVAX. Dypius presents a distinct engagement method called VAULT, which supports ETH, WBTC, USDC, USDT, and DAI markets. This feature allows users to engage with their stable coins without any lock time or risk of impermanent loss. Dypius has introduced a distinct feature that allows users to engage with their NFTs. This is facilitated through CAWS, a collection of cat NFTs that can be engaged with in their own pool. The platform uses a Proof of Stake consensus mechanism, which intends to enhance speed and efficiency, with a goal of fee reduction. All smart contracts on Dypius have been audited by well-known audit companies to maintain an ecosystem for users' tokens.
Earn free crypto after making your first purchase. Terms apply.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
-
$126,468.69
-
5 days
#3619
$5.20
+0.68%
-2.91%
-11.86%
-17.24%
-17.57%
+113.03%
DL News • May 14, 24
The GameStop surge is reigniting crypto’s memecoin craze — here are the winners
Keith Gill, aka Roaring Kitty, broke an almost three-year social media hiatus that sparked a market frenzy.
Read more
The Block • May 14, 24
Vitalik Buterin drafts EIP-7706, proposing new calldata gas type for Ethereum
Vitalik Buterin proposed EIP-7706, suggesting a new type of gas fees for calldata on Ethereum.
Read more
BeInCrypto • May 14, 24
Critical $5 Million Security Flaw in Aptos Wormhole Bridge – Certik
CertiK swiftly addressed a critical security flaw in the Wormhole bridge on the Aptos network, effectively preventing a potential loss of $5 million by patching the vulnerability.The post Critical $5 Million Security Flaw in Aptos Wormhole Bridge – Certik appeared first on BeInCrypto.
Read more
The Block • May 14, 24
CoinShares reports record quarterly results amid acquisition of Valkyrie’s ETF business
CoinShares reported a 216% year-over-year increase in Q1 revenue, gains and other income of £43.9 million ($55 million).
Read more
The Block • May 14, 24
Ether options traders eye calls above $3,600 for June expiry
The distribution of June-expiry ether options reveals that derivatives traders are focused on calls above $3,600.
Read more
The Block • May 14, 24
Led by FBTC, spot bitcoin ETFs see net inflows of nearly $66 million
Led by Fidelity's FBTC, spot bitcoin exchange-traded funds in the United States saw nearly $66 million in spot inflows yesterday.
Read more
A selection of conversions for different assets and currencies.
BAL - MGA
Balancer - Malagasy Ariary
GHST - KES
Aavegotchi - Kenyan Shilling
ARKM - KGS
Arkham - Kyrgyzstani Som
KARRAT - MRO
Karrat - Mauritanian Ouguiya
SPELL - PGK
Spell Token - Papua New Guinean Kina
POLS - KYD
Polkastarter - Cayman Islands Dollar
QNT - TND
Quant - Tunisian Dinar
FORT - XAU
Forta - Gold (Troy Ounce)
GNO - AOA
Gnosis - Angolan Kwanza
PRQ - GBP
PARSIQ - British Pound
BAND - CZK
Band Protocol - Czech Koruna
AAVE - BSD
Aave - Bahamian Dollar
People who viewed Dypius tend to also view the following cryptocurrencies.
Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.
A selection of cryptocurrencies in the top 50 by market cap.
Of all the assets on Coinbase, these 12 are the closest to Dypius in market cap.
Here is a selection of spot and futures markets that people watch
A selection of other relevant cryptocurrencies
183 unique individuals are talking about Dypius and it is ranked #713 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Dypius has an average sentiment score of 3.2 out of 5. Finally, Dypius is becoming more newsworthy, with 0 news articles published about Dypius. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly neutral about Dypius. There were 41.51% of tweets with bullish sentiment compared to 11.32% of tweets with a bearish sentiment about Dypius. 47.17% of tweets were neutral about Dypius. These sentiments are based on 53 tweets.
On Reddit, Dypius was mentioned in 2 Reddit posts and there were 6 comments about Dypius. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
Powered by LunarCrush
183 people
47 posts
0.02%
#713
3.2 out of 5
53 people
41.51%
Bullish
47.17%
Neutral
11.32%
Bearish
DYP/CAD (Canadian Dollar)
CA$0.56
DYP/JPY (Japanese Yen)
¥64.21
DYP/INR (Indian Rupee)
₹34.28
DYP/BRL (Real)
R$2.12
DYP/EUR (Euro)
€0.38
DYP/NGN (Nigerian Naira)
NGN 615.58
DYP/KRW (South Korean Won)
₩561.31
Learn how we collect your information by visiting our Privacy Policy.
The price of Dypius has increased by 0.68% in the last hour and decreased by 2.91% in the past 24 hours. Dypius’s price has also fallen by 11.86% in the past week. The current price is $0.41 per DYP with a 24-hour trading volume of $126.47K. Currently, Dypius is valued at 92.11% below its all time high of $5.20. This all-time high was the highest price paid for Dypius since its launch.
The current circulating supply of Dypius is 0 DYP which means that Dypius has as total market cap of 0.
We update our Dypius to USD currency in real-time. Get the live price of Dypius on Coinbase.
The current market cap of Dypius is $0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of Dypius is $5.20. This all-time high is highest price paid for Dypius since it was launched.
Over the last 24 hours, the trading volume of Dypius is $126.47K.
Assets that have a similar market cap to Dypius include Faith Tribe, Satoshi Nakamoto Token, Diamond Token, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Dypius is 0.
The median time that Coinbase customers hold Dypius before selling it or sending it to another account or address is 5 days.
Dypius ranks 212 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 93% of Coinbase users are buying Dypius. In other words, 93% of Coinbase customers have increased their net position in Dypius over the past 24 hours through trading.
Yes, Dypius is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Dypius guide.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.