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
2
Market Stats
Market Cap
$2.73M
-15.01%
FDV
$3.06M
Circ. Supply
153M DEFX
Max Supply
172M DEFX
Total Supply
172M DEFX
Diluted Valuation
$2.94M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$16.22K
430.2%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$1.79
Price Change (1Y)
-61.74%
Additional details
Market details
DEFX vs markets
↘ 77.13%
DEFX vs BTC
↘ 75.35%
DEFX vs ETH
↘ 74.64%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x5F474906637bdCDA05f29C74653F6962bb0f8eDa | |
BNB Smart Chain | 0xbE4Cb2C354480042A39350A0c6c26bf54786539F |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0175 | ↘ 14.67% |
1 Day | $0.0205 | ↘ 14.69% |
1 Week | $0.0221 | ↘ 20.81% |
1 Month | $0.0196 | ↘ 10.84% |
1 Year | $0.0457 | ↘ 61.74% |
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.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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Legal
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.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. 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. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.