Price
$0.0196
11/28/2022, 7:27:02 PM
diamondHands

Buy Axis DeFi with Coinbase Wallet

Axis DeFi can be traded using Coinbase Wallet, your key to the world of crypto.

Market

Market stats

Market cap

$40,905.64

Volume (24h)

$12,538.60

Circulating supply

2.1M AXIS

All time high

$3.96

Price change (1h)

-0.33%

Price change (24h)

-1.8%

Price change (7d)

-2.48%

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Axis DeFi is on the decline this week.

The price of Axis DeFi has fallen by 2.48% in the past 7 days. The price declined by 1.80% in the last 24 hours. In just the past hour, the price shrunk by 0.33%. The current price is $0.019625 per AXIS. Axis DeFi is 99.50% below the all time high of $3.96.

The current circulating supply is 2,084,401 AXIS.

About

What Is Axis DeFi (AXIS)

Axis#### is a decentralized interoperable cross-chain#### protocol#### . Axis seeks to develop an open financial system by building a#### DeFi#### -dedicated interoperable super chain. In addition, Axis aims to be the future of open finance as it offers an intuitive and easy-to-use interface.

As mentioned in its lightpaper, the mission of the Axis team is to empower and enable a simplified and harmonized ‘Axis portal’. The Axis portal allows users to perform swaps using any part of the DeFi ecosystem. Axis effectively combines DEX aggregation and DEX routing in a revolutionary cross-chain, layer-2 DEX solution. In the process of DEX routing, the most liquid pool that is available is sourced for users to perform a swap. Users can reduce slippage (difference in expected and actual price) when performing a transaction by sourcing the most saturated liquidity pool. Next, DEX aggregation refers to the process of leveraging multiple liquidity pools to do a single transaction. The DEX aggregation functionality is necessary while swapping an amount of value above a certain threshold. The threshold can vary from token to token.

The main features of Axis include crypto-wide liquidity support and multi-currency and asset support. Further, Axis offers benefits such as 24/7 access to the market, high volume capacity, and other layer 2 solutions.

Axis DeFi (AXIS) is the native#### cryptocurrency#### of the Axis platform. The Axis Defi token operates on the#### Ethereum #### blockchain #### platform. According to the litepaper, 24 million AXIS tokens were launched initially during the token launch. Sixty percent of the entire token supply is distributed for yield farming and collateralization. Ten percent is dedicated to the initial exchange listing, private investors, marketing, and ecosystem building. Furthermore, 10 percent of token distribution is among the team and advisors. Finally, the remaining 20 percent is assigned to the foundation.

History of Axis DeFi (AXIS)

According to the roadmap of the platform, the development of Axis occurred in four stages in 2021. The initial stage, Q1, involved the solidification of teams in Asia and America. The Q2 stage of 2021 included the release of its lightpaper and sourcing strategic investors. Further, ETH optimized DEX routing and launch of cross-chain assets took place in the Q3 stage of 2021. Subsequently, the Q4 stage involved the BSC & HECO optimized DEX routing launch and Bridge Support.

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FAQ

What is the current price of Axis DeFi?

The price of 1 Axis DeFi currently costs $0.0196.

What is the market cap of Axis DeFi?

The current market cap of Axis DeFi is $40.91K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Axis DeFi?

The all-time high of Axis DeFi is $3.96. This all-time high is highest price paid for Axis DeFi since it was launched.

What is the 24 hour trading volume of Axis DeFi?

Over the last 24 hours, the trading volume of Axis DeFi is $12.54K.

What other assets are similar to Axis DeFi?

Assets that have a similar market cap to Axis DeFi include BeatzCoin, Lition, Italian Lira, and many others. To see a full list, see our comparable market cap assets.

How many Axis DeFi are there?

The current circulating supply of Axis DeFi is 2.1 million.