About DeFinity
DeFinity is a decentralised DeFi exchange, specialised to trade traditional and digital FX via smart contracts, with a focus to provide real-time settlement and clearing for spot FX trading. Bridging the power of decentralisation with a traditional broker and liquidity provider community, it is specifically tailored and geared towards the future support of CBDC’s (central bank digital currencies) and decentralised financial services for FX.
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Trading Insights
Searched
13
Market Stats
Market Cap
ARS 5.86B
-18.27%
FDV
ARS 6.56B
Circ. Supply
153M DEFX
Max Supply
172M DEFX
Total Supply
172M DEFX
Diluted Valuation
ARS 6.65B
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
ARS 3.93M
12,742.87%
Volume (7D)
ARS 42.09M
Volume (30D)
ARS 106.71M
All time high
ARS 2.11K
Price Change (1Y)
-40.65%
Additional info about DeFinity
Recent trends
The latest DEFX price is ARS 38.52. Compared to DeFinity's value of ARS 47.16 from 24 hours ago, there's been a -18% decrease, while the current price is -19% down from ARS 46.33 which was recorded one week ago. DeFinity's all time high is ARS 2,114.87, which was reached on October 13, 2024. This is a -98% change from its price today.
The current circulating supply of DeFinity is 153,079,549. This is 89% of its max supply of 171,516,755 DEFX and 89% of its total supply of 171,516,755. The market cap is currently ARS 5.86B, which is a result of multiplying the current price of DeFinity(ARS 38.52) by the total supply(171,516,755 DEFX). The fully diluted valuation of DeFinity is ARS 6.56B. The diluted valuation of DeFinity is ARS 6.56B.
Market details
DEFX vs markets
↘ 56.98%
DEFX vs BTC
↘ 63.64%
DEFX vs ETH
↘ 25.89%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x5F474906637bdCDA05f29C74653F6962bb0f8eDa | |
BNB Smart Chain | 0xbE4Cb2C354480042A39350A0c6c26bf54786539F |
Price history
Time | Price | Change |
|---|---|---|
Today | ARS 38.52 | ↘ 18.01% |
1 Day | ARS 47.16 | ↘ 18.01% |
1 Week | ARS 46.33 | ↘ 19.01% |
1 Month | ARS 36.86 | ↗ 3.14% |
1 Year | ARS 55.94 | ↘ 40.65% |
FAQ
In addition, the DeFinity platform aims to offer real-time agreements and clearing for FX spot trading. Spot trading refers to a transaction where instant payment and delivery of the underlying investment occurs. DeFinity also develops FIX adapters for processing transactional data from liquidity providers and liquidity takers. Basically, the team analyzes the data, performs risk validation, and sends status messages back to the transmitting parties. The purpose is to transfer the data to the DeFinity blockchain for additional processing, including forex rates, currencies, quantity, and parties involved.
According to its whitepaper, the native utility token of the DeFinity is ‘DEFX.’ The DEFX token has three primary use cases: protocol governance, staking and trading, and last, incentives to support the services. The token aims to make the exchange and protocols decentralized by allowing token holders to vote on significant events and decisions about the future of the exchange protocol. Staking and participation fees make the core of the decentralized exchange and protocol. Participants can select from a set of pools and stake their tokens to receive 0.25 percent of the network fees. Token holders can obtain additional rewards such as trading fee reductions and referral benefits for introducing new users.
The idea of DeFinity was built by experienced partners with the mission to create an efficient, decentralized, and cost-effective FX market. WeOwn and DMALINK are the two partners who came together to create DeFinity. Manu Choudhary is the CEO of the platform. The other team members include Michael Siwek (CRO), Sascha Ragtschaa (CTO), Ashwind Soonarane (COO). There is a professional team of advisors as well.
We update our DeFinity to ARS currency in real-time. Get the live price of DeFinity on Coinbase.
The current market cap of DeFinity is ARS 5.86B. A high market cap implies that the asset is highly valued by the market.
The all-time high of DeFinity is ARS 2,114.87. This all-time high is highest price paid for DeFinity since it was launched.
Over the last 24 hours, the trading volume of DeFinity is ARS 3.93M.
Assets that have a similar market cap to DeFinity include catwifbag, Beni, Shade Protocol, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of DeFinity is 153 million.
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Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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