About Dfyn Network
Market Stats
Market Cap
$581,753.67
FDV
$846,169.36
Circulating Supply
171,878,614.968 DFYN
Max Supply
250,000,000 DFYN
Total Supply
198,284,457 DFYN
Hold Time
No data
Performance
Popularity
No data
Dominance
0%
Volume (24H)
$140,909.43
0.23%
All time high
$8.35
Additional info about Dfyn Network
Networks and details
The price of Dfyn Network has increased by 1.35% in the last hour and increased by 0.28% in the past 24 hours. Dfyn Network’s price has also fallen by 16.91% in the past week. The current price is $0.0034 per DFYN with a 24-hour trading volume of $140.91K. Currently, Dfyn Network is valued at 99.96% below its all time high of $8.35. This all-time high was the highest price paid for Dfyn Network since its launch.
The current circulating supply of Dfyn Network is 171,878,614.968 DFYN which means that Dfyn Network has as total market cap of $581,753.67.
Price history
Today | $0.0034 | ↗ 0.28% |
1 Day | $0.0034 | ↗ 0.28% |
1 Week | $0.0041 | ↘ 16.91% |
1 Month | $0.0057 | ↘ 41.04% |
1 Year | $0.0370 | ↘ 90.85% |
Market details
Performance against other markets | ↘ 91.26% |
Performance against BTC | ↘ 92.92% |
Performance against ETH | ↘ 83.29% |
Performance in the past year | ↘ 90.85% |
FAQ
Dfyn is a platform that operates as a multichain AMM with nodes spread on different blockchains. A node basically refers to a computer linked on a blockchain network. At the same time, an automated market maker (AMM) is a part of DEX that removes any intermediaries in crypto assets trading. The AMMs enable sharing liquidity and cross-chain digital asset swaps. Thus, the Dfyn platform aims to build a multichain ecosystem that provides a trustless, decentralized exchange (DEX) along with a fast gasless AMM.
Dfyn seeks to improve DeFi’s scalability and congestion. Dfyn also addresses DeFi’s high gas fees, fragmented liquidity pools, low throughput, and poorer user experience. As a solution, Dfyn nodes are spread across multiple Layer 1 and Layer 2 blockchains, thus allowing users to perform their asset trades seamlessly on several blockchains from a single interface. Further, the platform’s AMM optimization seeks to overcome the issues faced by traditional AMMs, including any impermanent loss.
Dfyn operates on Polygon and Fantom. By relying on Polygon, the network ensures that transactions are carried out instantly. And by using the two blockchains, the platform resolves the problem of scalability.
DFYN is the ecosystem’s native token with multiple utilities, such as giving token holders the right to participate in the platform’s governance by voting on Dfyn’s proposals regarding protocol amendments and upgrades. Moreover, a 0.3% fee is charged on every trade done on the platform, of which 0.25% is distributed to the liquidity providers in proportion to their contribution to the liquidity pool. And 0.05% goes to the DFYN treasury for buybacks and gas subsidies.
There are four cofounders of the platform—Ramani Ramachandran, Chandan Choudhury, Shubham Singh, and Priyeshu Garg. Ramani Ramachandran joined the crypto in 2014 and has run one of Asia’s earliest crypto funds. He also developed Fordex, the world’s first stablecoin DEX. He had previously worked at Deloitte, Moody’s, and Schlumberger. Chandan Choudhury is a veteran trader and an advisor with an experience of 15 years. Similarly, Shubham Singh has been a full-stack developer and technical architect building in blockchain and crypto since 2016.
The token’s maximum supply is 250,000,000 DFYN.
We update our Dfyn Network to USD currency in real-time. Get the live price of Dfyn Network on Coinbase.
The current market cap of Dfyn Network is $581.75K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Dfyn Network is $8.35. This all-time high is highest price paid for Dfyn Network since it was launched.
Over the last 24 hours, the trading volume of Dfyn Network is $140.91K.
Assets that have a similar market cap to Dfyn Network include STARSHIP, dog with apple in mouth, Gondola, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Dfyn Network is 172 million.
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Social stats
Popularity in posts
#3218
Contributors
35
Posts
606,344
% About Dfyn Network
0.007%
Hold times
0 days
X (Twitter)
75.68% bullish
Sentiment
3.4 ★
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.
Highlights
35 unique individuals are talking about Dfyn Network and it is ranked #3,218 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Dfyn Network has an average sentiment score of 3.4 out of 5. Finally, Dfyn Network is becoming more newsworthy, with 0 news articles published about Dfyn Network. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly bullish about Dfyn Network. There were 75.68% of tweets with bullish sentiment compared to 5.41% of tweets with a bearish sentiment about Dfyn Network. 18.92% of tweets were neutral about Dfyn Network. These sentiments are based on 37 tweets.
On Reddit, Dfyn Network was mentioned in 4 Reddit posts and there were 11 comments about Dfyn Network. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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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.