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DeFiChain Price

DeFiChain Price(DFI)

Not listed
Note: This asset is not listed on Binance for trade and service.
Currency
$ 0.020203
+0.08%
1D
Page last updated: 2024-09-08 00:00 (UTC+0)
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Price of DFI today

The live price of DeFiChain is $ 0.020203 per (DFI / USD) with a current market cap of $ 16.75M USD. 24-hour trading volume is $ 1.86M USD. DFI to USD price is updated in real-time. DeFiChain is +0.08% in the last 24 hours with a circulating supply of 828.94M.
DFI Price History USD
Date ComparisonAmount Change% Change
Today$ 0.000017+0.08%
30 Days$ -0.00302-13.01%
60 Days$ -0.010899-35.04%
90 Days$ -0.030888-60.46%

DFI Price Information

24h Low & High
The highest and lowest price paid for this asset in 24 hours.
Low: $ 0.019922
High: $ 0.020964
The highest and lowest price paid for this asset in 24 hours.
All Time High
The highest price paid for this asset since it was launched or listed.
$ 5.617182
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
The percent change in trading volume for this asset compared to 1 hour ago.
-1.45%
The percent change in trading volume for this asset compared to 1 hour ago.
Price Change (24h)
The percent change in trading volume for this asset compared to 24 hours ago.
+0.08%
The percent change in trading volume for this asset compared to 24 hours ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
-9.38%
The percent change in trading volume for this asset compared to 7 days ago.

DFI Market Information

The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading.
Popularity
Popularity is based on the relative market cap of assets.
#802
Popularity is based on the relative market cap of assets.
Market Cap
Market cap is calculated by multiplying the asset's circulating supply with its current price.
$ 16.75M
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
The total dollar value of all transactions for this asset over the past 24 hours.
$ 1.86M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
828.94M
69.08%
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
The total number of coins that will ever be created for the crypto asset, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
1.20B
The total number of coins that will ever be created for the crypto asset, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
The total number of coins that will ever be created for the crypto asset, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
$ 24.24M
The total number of coins that will ever be created for the crypto asset, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.

About DeFiChain (DFI)

DeFiChain is a specialized non-Turing-complete blockchain designed exclusively for DeFi. DeFiChain is a software platform that runs on a distributed network of computers and is intended for fast transactions in addition to being open and accessible to everyone. The $DFI token powers DeFiChain. The current price of DFI is live-tracked on Binance.

The DeFiChain DEX is a decentralized exchange that allows users to trade various cryptocurrencies in a secure and trustless manner. Built on the DeFiChain blockchain, the DEX claims to offer fast transaction processing, low fees, and high liquidity, as well as access to a wide range of decentralized finance (DeFi) products and services.

Users can also participate in DeFi services on the DeFiChain platform, such as staking, liquidity provision, and yield farming. These services allow users to earn rewards and support the security and stability of the DeFiChain network. The idea behind DeFiChain, as shared by the team, is to offer services a traditional bank can provide but in a decentralized manner. This means that no single institution or entity can control the network, and anyone can participate in running the network protocol on their private computer. Running the network protocol supports the entire network, and individuals who do so receive DFI tokens.

DeFiChain claims to solve the DeFi scalability problem by employing a Proof-of-Stake (PoS) consensus protocol where the network randomly selects a network lead to determine the next state of the network within a given block time. Compared to PoW, PoS is more energy efficient and can scale to meet the required network capacity.

Users can stake their DFI into the network to become node operators. 20,000 DFI are required to operate a staking node within the DeFiChain ecosystem, with the incentive that operators receive rewards awarded in the DFI token. 

Governance in DeFiChain is done off-chain through a voting system that allows token holders to submit proposals for 500 DFI. Voting is done by a node owner with 20,000 DFI staked, signing a message with the desired verdict.

DeFiChain supports BTC, ETH, USDT, DOGE, LTC, and BCH on the DeFiChain DEX, enabling liquidity mining for these coins.

People Also Ask: Other Questions About DFI

  1. What is DFI Used For?

    DFI is used to pay transaction fees within the DeFiChain Network. Transactions can include adding to liquidity pools or swapping tokens on a DEX. DFI is also used for governance within the DFI system, allowing token holders to vote on proposals to improve the network.

  2. Who is the Founder of DeFiChain?

    Julian Hosp and U-Zyn Chua co-founded DeFiChain in 2019. Both Chua and Hosp previously co-founded Cake DeFi, and at the time of writing, Hosp serves as CEO of the DeFiChain Foundation, with Chu as the CTO.

  3. What is the Maximum Token Supply of DFI?

    DFI has a maximum supply of 1.2 billion DFI, with 510 million DFI in circulation at the time of writing.

  4. What Makes DeFiChain Different From Others?

    While coins like BTC and ETH revolutionized decentralized finance, DeFiChain claims to purported limits to the respective networks, such as the scalability of Ethereum and security concerns of Bitcoin, by employing a novel hybrid PoS consensus mechanism. The hybrid PoS consensus mechanism enables DeFiChain to aim for a high level of security. 

    The platform also offers developers the ability to create DeFi apps on one chain.

  5. How To Buy DeFiChain (DFI)

    DeFiChain (DFI) is currently not available for purchase on Binance. The live DFI price is updated in real-time on Binance.

DFI to Local Currency

FiatPriceOperation
1 DFI to USD$ 0.020203
1 DFI to TRY$ 0.020203
1 DFI to RUB$ 0.020203
1 DFI to EUR$ 0.020203
1 DFI to AED$ 0.020203
1 DFI to AUD$ 0.020203
1 DFI to BRL$ 0.020203
1 DFI to VND$ 0.020203
1 DFI to IDR$ 0.020203
Last updated 2024/09/08 12:00 (UTC)

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