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Port Finance

PORT

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About Port Finance

Port Finance is a lending protocol. The platform aims to leverage the Solana blockchain’s high speed and low latency with a complete range of fixed income products, including fixed-rate lending, variable rate lending, and yield rate swaps. Port Finance also looks forward to implementing features like leveraged trading using the Raydium AMM (automated market maker) with one click and protocol-to-protocol lending to enable leverage yield-farming.

Port Finance focuses on leveraging the technological advancements on the Serum ecosystem to bring lending products difficult to implement on Ethereum. According to the whitepaper, the platform follows a three-step approach. In the first phase, the platform aims to provide a baseline lending protocol similar to Compound and Aave on Ethereum, with three core features:

The platform issues a native token named Port Finance (PORT) to allow decentralized community governance and to incentivize early-stage users. The PORT token gets value by acting as a governance token to decide on the several parameters of the protocols, including which assets to support, the maximum loan-to-value ratio, liquidation threshold, and other associated changes.

According to the roadmap, the platform launched Port Finance (PORT) (Initial DEX Offering) IDO with Solanium in August 2021.

Market

France Market Stats

Market cap

€672,414.55

Volume (24h)

€275,342.89

Circulating supply

35.6M PORT

All time high

€10.64

Price change (1h)

-0.08%

Price change (24h)

+2.02%

Price change (7d)

+4.56%

France News about Port Finance

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BeInCrypto • Apr 27, 24

Vitalik Buterin Defends Ethereum’s Transition to Proof-of-Stake (PoS)

Vitalik Buterin said the PoS transition was necessary to align with the network's long term goal and also address energy consumption concerns.The post Vitalik Buterin Defends Ethereum’s Transition to Proof-of-Stake (PoS) appeared first on BeInCrypto.

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The Block • Apr 27, 24

DOJ says Roman Storm did much more than just write code in response to defense’s dismissal motion

Government prosecutors have contested the notion that the Tornado Cash developer's case is all about the freedom to write code for the blockchain.

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The Defiant • Apr 27, 24

Our Most Read Stories This Week: Telegram & Stripe Payments; $12M CryptoPunk; Consensys vs. SEC; Renzo Depeg

The Defiant's most read stories for the week of April 22.

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BeInCrypto • Apr 27, 24

Oklahoma’s New Law Protects Citizens’ Bitcoin Ownership Rights

This move reflects Oklahoma's commitment to protecting its residents' Bitcoin ownership rights amid ongoing regulatory challenges facing the cryptocurrency industry nationwide.The post Oklahoma’s New Law Protects Citizens’ Bitcoin Ownership Rights appeared first on BeInCrypto.

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BeInCrypto • Apr 27, 24

New UK Law Empowers Authorities to Seize, Freeze, Destroy Crypto

UK's new cryptoasset legislation enables authorities to confiscate items like passwords and memory sticks that could aid criminal inquiries.The post New UK Law Empowers Authorities to Seize, Freeze, Destroy Crypto appeared first on BeInCrypto.

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Port Finance is on the rise this week.

The price of Port Finance has decreased by 0.08% in the last hour and increased by 2.02% in the past 24 hours. Port Finance’s price has also risen by 4.56% in the past week. The current price is €0.0189 per PORT with a 24-hour trading volume of €275.34K. Currently, Port Finance is valued at 99.82% below its all time high of €10.64. This all-time high was the highest price paid for Port Finance since its launch.

The current circulating supply of Port Finance is 35,621,899.096 PORT which means that Port Finance has as total market cap of 35,621,899.096.

FAQ

What is the current price of Port Finance?

We update our Port Finance to EUR currency in real-time. Get the live price of Port Finance on Coinbase.

What is the market cap of Port Finance?

The current market cap of Port Finance is €672.41K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Port Finance?

The all-time high of Port Finance is €10.64. This all-time high is highest price paid for Port Finance since it was launched.

What is the 24 hour trading volume of Port Finance?

Over the last 24 hours, the trading volume of Port Finance is €275.34K.

What other assets are similar to Port Finance?

Assets that have a similar market cap to Port Finance include Immutable, BitStable, IMVU, and many others. To see a full list, see our comparable market cap assets.

How many Port Finance are there?

The current circulating supply of Port Finance is 36 million.

Can I buy Port Finance on Coinbase?

No, Port Finance is not currently available on Coinbase, but you can sign up to get the latest news on Port Finance and be notified when it gets added to our exchange.

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