DeFiChain DFI Price
$0.0005
Rank 3693
-
1H
0.74%$0.0000
24H
-42.5%$0.0004
7D
-40.0%$0.0003
30D
-57.6%$0.0006
-
Market cap $438.78 K Full cap $570.99 K Volume 24H $301.4 ATH $5.61
DeFiChain Price Chart
DeFiChain Market Data
DeFiChain price today
Today's live DeFiChain price is $0.0005 USD, with a 24-hour trading volume of $301 USD. We provide real-time updates for the DFI to USD price. DeFiChain has decreased by 42% in the last 24 hours. Currently ranked 3693 in the cryptocurrency market, DeFiChain has a live market cap of $438 778 USD, with a circulating supply of
922 149 902DFI coins and the maximum supply not available.
About DeFiChain
DeFiChain (DFI) is a blockchain platform built with the mission of maximizing the full potential of DeFi within the Bitcoin (BTC) ecosystem. The software platform is supported by a distributed network of computers and is designed to facilitate fast and transparent transactions. The development team positions DeFiChain as an innovative blockchain project and offers solutions to problems like scalability, security and decentralization.
The project was launched in the fall of 2019 with the aim of offering financial services that commercial banks typically provide (borrowing, lending, investing, keeping funds). Yet there is a key difference between DeFiChain and a banking network: DeFiChain is a decentralized platform. This provides a number of advantages: authorities and entities cannot control the network and anyone has the right to participate in the launch of the network protocol. All actions support the entire network and participants in the process receive DFI tokens.
The DeFiChain platform ensures fast, transparent and decentralized financial services. The project is built on Bitcoin as a software fork and is tied to the Bitcoin blockchain using a Merkle root every few blocks. DeFiChain transactions are non-Turing complete, which makes them fast and smooth, with low gas costs and a reduced risk of smart contract errors.
DeFiChain’s initial functions and products include: lending, token wrapping, pricing oracles, exchanges, asset tokenization, distribution of dividends, and more.
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