Price
$0.48
12/2/2022, 10:04:07 PM
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DeFiChain can be traded using Coinbase Wallet, your key to the world of crypto.

Market

Market stats

Market cap

$243.9M

Volume (24h)

$2.3M

Circulating supply

510.7M DFI

All time high

$5.62

Price change (1h)

+0.21%

Price change (24h)

+1.46%

Price change (7d)

+4.55%

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DeFiChain is on the rise this week.

The price of DeFiChain has risen by 4.55% in the past 7 days. The price increased by 1.46% in the last 24 hours. In just the past hour, the price grew by 0.21%. The current price is $0.48 per DFI. DeFiChain is 91.50% below the all time high of $5.62.

The current circulating supply is 510,738,160.853 DFI.

About

What is DeFiChain (DFI)? 

The DeFiChain (DFI) foundation has developed DeFiChain, a blockchain specifically dedicated to decentralized financial applications. According to the whitepaper, DeFiChain aims to deliver high transaction throughput, lowered risk of errors, and thoughtful feature development, particularly for the fulfillment of financial services on the blockchain. 

The DeFiChain network aims to solve various problems in the current financial services. Today, almost every financial service is operated by banks. When it comes to investments, the issues with financial services are increasingly becoming evident to everyone: compounded costs due to mediators, slow transactions, delays for cross-border transactions, and inaccessibility to many sectors of the population. As per the whitepaper, DeFiChain claims to solve the issues mentioned above and designed the DeFiChain platform explicitly for the decentralized finance (DeFi) industry. The DeFiChain network offers various benefits to its users:-

  • Develops a variety of financial operations & vehicles for the cryptocurrency economy.

  • Provides a high throughput for all transactions. Transaction throughput is the speed at which a blockchain executes valid transactions in a specified time.

  • Provides a safe and secure blockchain, particularly for decentralized finance.

  • Offers fast growth for dApps for DeFi.

  • Offers peace of mind to the users as the blockchain has not been utilized for any types of non-financial dApps. Thus, the decisions of the foundation and the core developers are focused mainly on decentralized financial use-cases.

  • Offers trustworthy governance (on-chain as well as off-chain).

History of DeFiChain (DFI)

According to the website, the DeFiChain network has achieved several milestones. In January 2021, the network listed its token on various exchanges. Later, in September 2021, the network released DeFi scan, the block explorer of DeFiChain.

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FAQ

What is the current price of DeFiChain?

The price of 1 DeFiChain currently costs $0.48.

What is the market cap of DeFiChain?

The current market cap of DeFiChain is $243.87M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of DeFiChain?

The all-time high of DeFiChain is $5.62. This all-time high is highest price paid for DeFiChain since it was launched.

What is the 24 hour trading volume of DeFiChain?

Over the last 24 hours, the trading volume of DeFiChain is $2.33M.

What other assets are similar to DeFiChain?

Assets that have a similar market cap to DeFiChain include Optimism, Theta Fuel, yearn.finance, and many others. To see a full list, see our comparable market cap assets.

How many DeFiChain are there?

The current circulating supply of DeFiChain is 511 million.