Decentralized ETF DETF

1. Summary

Ranks

Liquidity

72

Developer

-

Social

59

Momentum (beta)

3

Stack Rank™

-

Price

$0.04 +6.0%

Market Cap

$4.15M (#1837)

Supply

100.00M / 100.00M

Tags

DeFi ETF Ethereum Ecosystem Real World Assets (RWA)

More Metrics

Price
52W High price	$0.17
52W High date	29th Mar 2024 (3 months ago)
All Time High (ATH) Date	28th Mar 2024 (3 months ago)
ATH Price	$0.19
% From ATH	-77%
All Time Low (ATL) Date	3rd Oct 2023 (9 months ago)
ATL Price	$0.004902400000
% From ATL	793.92%

Supply & Trading Volume
Trading Volume (24h)	$53,351.00
Total Supply	100.00M
Max Supply	100.00M
Circulating Supply	100.00M

Less Metrics

Description

Decentralized ETF (DETF)

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Decentralized ETF (DETF)

The Decentralized ETF (DETF) is a unique token that grant access to multiple cryptocurrencies at once, allowing users to benefit from their performance through a single token. This token operates on the principles of a decentralized exchange (DEX), fostering financial transactions without intermediaries like banks, brokers, or payment processors.

DETF taps into the massive variety of tokens available on DEXs, which typically operate on open-source code and offer a broader range of digital assets compared to centralized exchanges (CEXs). The token leverages the liquidity pools and smart contracts of these DEXs to enable users to trade and manage their crypto assets more efficiently, all while maintaining control over their private keys.

By consolidating multiple cryptocurrencies into one token, DETF offers users enhanced convenience and flexibility compared to traditional centralized exchanges, which typically handle transactions internally through an order book. Unlike traditional exchanges, DETF executes transactions directly on the blockchain, reducing risks associated with counterparty default and improving overall security for users.

Through DETF, users can engage in trustless transactions, avoiding the need for intermediaries and maintaining full control over their assets. This approach not only helps mitigate hacking risks but also enhances user autonomy, thereby revolutionizing the crypto trading landscape.

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