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About DeFiChain

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:-

Market

Market stats

Market cap

$57.8M

Volume (24h)

$3.1M

Circulating supply

873.0M DFI

All time high

$5.48

Price change (1h)

+0.24%

Price change (24h)

-0.64%

Price change (7d)

+0.11%

News about DeFiChain

The Block • Apr 23, 24

Safe token trades at $2.8 billion FDV after becoming transferable

SAFE, the DAO governance token behind the DeFi custodian Safe Protocol, has become transferable, allowing it to be traded on exchanges.

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BeInCrypto • Apr 23, 24

Ripple Officially Opposes Sec’s $2 Billion Fine in Ongoing XRP Lawsuit

Ripple Labs contests the SEC's proposed $2 billion fine, setting a potential industry precedent. They argue for a reduced penalty, citing broader sector implications.The post Ripple Officially Opposes Sec’s $2 Billion Fine in Ongoing XRP Lawsuit appeared first on BeInCrypto.

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BeInCrypto • Apr 23, 24

HeLa Incentivized Testnet Launch Marks a New Innovation for Modular Blockchain Layer 1

HeLa Labs, the first modular Layer-1 blockchain powered by a fiat-backed stablecoin for real-world adoption, has announced the launch of its first incentivized testnet called Atlantia. Since HeLa’s launch, it has introduced substantial enhancements to the existing blockchain landscape. With a cor...

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BeInCrypto • Apr 23, 24

Dogecoin Update: What 10 Billion DOGE Nearing Profits Means for Holders

Dogecoin's price is currently sitting at the verge of bringing profits worth $1.5 billion to its users provided it can cross certain barriers.The post Dogecoin Update: What 10 Billion DOGE Nearing Profits Means for Holders appeared first on BeInCrypto.

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CoinDesk • Apr 23, 24

Crypto Trader FalconX Unveils Institution-Friendly Custody, Trading and Credit Services

Derivatives exchange Deribit is the first to integrate FalconX’s Prime Connect.

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The Block • Apr 23, 24

Canaan executives seek to buy at least $2 million in company shares following halving

Two executives of bitcoin mining rig maker Canaan intend to jointly buy company shares, claiming the firm is "deeply undervalued."

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DeFiChain is on the rise this week.

The price of DeFiChain has increased by 0.24% in the last hour and decreased by 0.64% in the past 24 hours. DeFiChain’s price has also risen by 0.11% in the past week. The current price is $0.0663 per DFI with a 24-hour trading volume of $3.07M. Currently, DeFiChain is valued at 98.79% below its all time high of $5.48. This all-time high was the highest price paid for DeFiChain since its launch.

The current circulating supply of DeFiChain is 872,967,701.841 DFI which means that DeFiChain has as total market cap of 872,967,701.841.

FAQ

What is the current price of DeFiChain?

We update our DeFiChain to USD currency in real-time. Get the live price of DeFiChain on Coinbase.

What is the market cap of DeFiChain?

The current market cap of DeFiChain is $57.85M. 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 $5.48. 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 $3.07M.

What other assets are similar to DeFiChain?

Assets that have a similar market cap to DeFiChain include Streamr, Neon EVM, Anchored Coins AEUR, 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 873 million.

Can I buy DeFiChain on Coinbase?

Yes, DeFiChain is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy DeFiChain guide.

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