DeFiChain DFI
1. Summary
- Price
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$0.02 +2.1%
- Market Cap
- $14.70M (#1334)
- Supply
- 840.90M / 1.20B
- Description
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DeFiChain is a decentralized blockchain platform designed to enable fast, intelligent, and transparent decentralized financial services. Unlike most DeFi projects built on the Ethereum network, DeFiChain is built on top of Bitcoin as a software fork and is periodically anchored on the Bitcoin blockchain for maximum security.
DeFiChain is a decentralized blockchain platform designed to enable fast, intelligent, and transparent decentralized financial services. Unlike most DeFi projects built on the Ethereum network, DeFiChain is built on top of Bitcoin as a software fork and is periodically anchored on the Bitcoin blockchain for maximum security.
DeFiChain is designed to be non-Turing complete, which reduces smart contract errors and ensures that only financial transactions are possible on the platform. This architecture limits the potential for non-financial applications like games and casinos, preventing high transaction fees and maintaining the focus on decentralized finance (DeFi).
DeFiChain offers a range of DeFi services, including decentralized exchanges, lending, and token wrapping. Its native cryptocurrency, DFI, is used to pay transaction fees, participate in governance, and access DeFi services. The platform is designed to be scalable, with a block time of 30 seconds and a throughput of 40 transactions per second, ensuring fast and secure transactions at low fees.
Community Governance
DeFiChain is a community-driven project, where users and stakeholders can propose and vote on changes to the platform. The governance system includes DeFiChain Improvement Proposals (DFIPs) and Community Funding Proposals (CFPs), which allow anyone to submit proposals for modifying the blockchain or financing specific projects that benefit the community. Masternode holders evaluate and vote on these proposals to ensure the platform evolves according to user needs.
MetaChain Layer
DeFiChain is transitioning into a hybrid architecture with the MetaChain layer, which integrates the Ethereum Virtual Machine (EVM) with DeFiChain. This integration will allow for greater innovation in the ecosystem, splitting the platform into UTXO, token systems, and EVM accounts. The Transfer Domain Transaction (TX) will facilitate asset transfers between domains, maintaining a coherent accounting layer.
| Price | |
| 52W High price | $0.36 |
| 52W High date | 16th Sep 2023 (1 year ago) |
| All Time High (ATH) Date | 6th Dec 2021 (2 years ago) |
| ATH Price | $5.61 |
| % From ATH | -99.61% |
| All Time Low (ATL) Date | 4th Sep 2024 (2 months ago) |
| ATL Price | $0.02 |
| % From ATL | 9.11% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $799,405.00 |
| Total Supply | 1.20B |
| Circulating Supply | 840.90M |
DFI
How does DeFiChain's (DFI) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-8.0%
DFI
-4.3%
Similar Market Cap
60 Day Return
-30.4%
DFI
-15.3%
Similar Market Cap
1 Year Return
-93.4%
DFI
-33.3%
Similar Market Cap
We're monitoring 44 DeFiChain GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All DeFiChain Repos)
Commits vs. The Market
- Past 4 weeks: 19 commits vs. an average of 1
- Past 12 weeks: 48 commits vs. an average of 8
- Past year: 858 commits vs. an average of 113
Most Active Repos
| Past week | 17 |
|---|---|
| Past 12 weeks | 76 |
| Past year | 1249 |
| Past week | 21 |
|---|---|
| Past 12 weeks | 97 |
| Past year | 455 |
| Past week | 56 |
|---|---|
| Past 12 weeks | 218 |
| Past year | 374 |
| Past week | 113 |
|---|---|
| Past 12 weeks | 253 |
| Past year | 281 |
| Past week | 6 |
|---|---|
| Past 12 weeks | 19 |
| Past year | 266 |
| Past week | 53 |
|---|---|
| Past 12 weeks | 124 |
| Past year | 164 |
Top Developers 2024
In total, 399 developers have contributed to DeFiChain over the past year. Who are the most active DeFiChain developers, by commits, over the past year?
Related Projects
Developers working on DeFiChain also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | 22,249 |
|---|---|
| Active Reddit Users (past 24h) | 21 |
| Discord users | 3,295 |
| Active Discord Users | 148 |
| Telegram Users | 12,181 |
| Twitter followers | 71,917 |
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blog.defichain.com/weekly-update-dex-stabilization-fees-community-meetup-and-more/ Official
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blog.defichain.com/weekly-update-dex-stabilization-fees-community-meetup-and-more/ Official
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blog.defichain.com/weekly-update-dex-stabilization-fees-community-meetup-and-more/ Official
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blog.defichain.com/weekly-update-dex-stabilization-fees-community-meetup-and-more/ Official
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blog.defichain.com/project-spotlight-dex-trading-live/ Official
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blog.defichain.com/project-spotlight-dex-trading-live/ Official
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blog.defichain.com/project-spotlight-dex-trading-live/ Official
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blog.defichain.com/project-spotlight-dex-trading-live/ Official
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blog.defichain.com/project-spotlight-dex-trading-live/ Official
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blog.defichain.com/the-ideological-framework-of-defichain-how-it-unlocks-limitless-possibi... Official
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blog.defichain.com/the-ideological-framework-of-defichain-how-it-unlocks-limitless-possibi... Official
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blog.defichain.com/the-ideological-framework-of-defichain-how-it-unlocks-limitless-possibi... Official
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blog.defichain.com/the-ideological-framework-of-defichain-how-it-unlocks-limitless-possibi... Official
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blog.defichain.com/the-ideological-framework-of-defichain-how-it-unlocks-limitless-possibi... Official
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blog.defichain.com/the-ideological-framework-of-defichain-how-it-unlocks-limitless-possibi... Official
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blog.defichain.com/the-ideological-framework-of-defichain-how-it-unlocks-limitless-possibi... Official
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blog.defichain.com/weekly-update-dfi-listing-tech-talk-special-dfip/ Official
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blog.defichain.com/weekly-update-dfi-listing-tech-talk-special-dfip/ Official
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blog.defichain.com/weekly-update-dfi-listing-tech-talk-special-dfip/ Official
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blog.defichain.com/weekly-update-dfi-listing-tech-talk-special-dfip/ Official
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blog.defichain.com/weekly-update-dfi-listing-tech-talk-special-dfip/ Official
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blog.defichain.com/weekly-update-dfi-listing-tech-talk-special-dfip/ Official
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blog.defichain.com/weekly-update-dfi-listing-tech-talk-special-dfip/ Official
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blog.defichain.com/weekly-update-dfi-listing-tech-talk-special-dfip/ Official
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://defichain.com/ |
|---|---|
| Explorer | http://explorer.defichain.io/ |
| @defichain | |
| /r/defiblockchain |
Has DeFiChain been audited for security?
No security audits found for this project.
Are you the owner of DeFiChain? Edit it here
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