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.
Trading Insights
Searched
4
Market Stats
Market Cap
£3.66M
-9.61%
FDV
£4.10M
Circ. Supply
153M DEFX
Max Supply
172M DEFX
Total Supply
172M DEFX
Diluted Valuation
£4.16M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£7.28K
237.58%
Volume (7D)
£52.66K
Volume (30D)
£235.12K
All time high
£1.34
Price Change (1Y)
-5.9%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of DeFinity has decreased by 0.00% in the last hour and decreased by 10.30% in the past 24 hours. DeFinity’s price has also risen by 6.47% in the past week. The current price is £0.0241 per DEFX with a 24-hour trading volume of £7.28K. Currently, DeFinity is valued at 98.20% below its all time high of £1.34. This all-time high was the highest price paid for DeFinity since its launch.
The current circulating supply of DeFinity is 153,079,548.643 DEFX which means that DeFinity has as total market cap of £3,659,177.89.
Market details
DEFX vs markets
↘ 42.32%
DEFX vs BTC
↘ 49.34%
DEFX vs ETH
↘ 5.78%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x5F474906637bdCDA05f29C74653F6962bb0f8eDa | |
BNB Smart Chain | 0xbE4Cb2C354480042A39350A0c6c26bf54786539F |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0241 | ↘ 10.30% |
1 Day | £0.0270 | ↘ 10.30% |
1 Week | £0.0224 | ↗ 6.47% |
1 Month | £0.0213 | ↗ 11.99% |
1 Year | £0.0265 | ↘ 5.90% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
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 GBP currency in real-time. Get the live price of DeFinity on Coinbase.
The current market cap of DeFinity is £3.66M. A high market cap implies that the asset is highly valued by the market.
The all-time high of DeFinity is £1.34. 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 £7.28K.
Assets that have a similar market cap to DeFinity include krazy n.d., DGTEK TOKEN, HeeeHeee, 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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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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