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DeFiChain is a blockchain designed for a broad range of DeFi applications, while being anchored to the Bitcoin blockchain in order to piggy-back some of its network features. It runs on a proof of stake consensus mechanism. In periodic intervals, the network saves its most recent Merkle tree to the Bitcoin blockchain. DFI is the native token of the DeFiChain blockchain and acts as both the utility token and the governance token of the network. The token is used for fee payment for DEX transactions and as a fee payment for token transfers in addition to smart contracts. It is also used as collateral for borrowing other cryptocurrencies on the network.
DeFiChain (DFI) is in the top 1,000 cryptocurrencies in the world by market cap. The current price of DeFiChain is $3.01, which is 1.267% higher than yesterday. Prices have ranged between $3.04 and $2.93 over the past 24 hours. All prices are listed in US dollars and accurate as of January 19, 2022 06:01 UTC.
| Coin symbol | DFI |
|---|---|
| Coin Marketcap | N/A |
| Total DFI supply | 1,200,000,000 |
| Current price | US$3.01 |
| All time high | US$5.61 |
| All time high date | December 06, 2021 |
| Notable team members | Dr Julian Hosp |
| Industry | Decentralized finance |
| Token uses | Utility token |
| Network | Ethereum |
Historical prices compared with the price of US$3.01.
| 1 hour | 0.42% |
|---|---|
| 24 hours | 1.27% |
| 7 days | 7.08% |
| 14 days | -16.42% |
| 30 days | -14.28% |
|---|---|
| 60 days | -1.95% |
| 200 days | 35.09% |
| 1 year | 13.47% |
Disclaimer: Cryptocurrencies, including DeFiChain, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of DFI is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the DeFiChain or any other cryptocurrency discussed.