DefiPlaza Logo

DefiPlaza DFP2

DefiPlaza header image

1. Summary

Ranks

Liquidity
71
Developer
-
Social
41
Momentum (beta)
34
Stack Rankā„¢
-
Price
$0.02 +29.7%
Market Cap
$1.36M (#3326)
Supply
66.46M / 66.71M
Price
52W High price $0.07
52W High date 1st Apr 2024 (7 months ago)
All Time High (ATH) Date 17th Nov 2021 (3 years ago)
ATH Price $0.78
% From ATH -98.24%
All Time Low (ATL) Date 5th Jul 2024 (4 months ago)
ATL Price $0.006048070000
% From ATL 127.47%
Supply & Trading Volume
Trading Volume (24h) $78,956.00
Total Supply 66.71M
Max Supply 67.94M
Circulating Supply 66.46M
Description

Overview

Overview

DefiPlaza is a decentralized finance (DeFi) project focused on providing a low-cost exchange experience across multiple platforms, aiming to make decentralized finance sustainable.

Features

DefiPlaza operates on both the Ethereum and Radix networks. On Ethereum, it offers two multi-token pools, one focused on blue chip tokens and the other on stablecoins, ensuring highly optimized trading with minimal impermanent loss. On Radix, the project utilizes its proprietary Concentration-Asymmetric Liquidity Model (CALM) algorithm to reduce the negative impact of impermanent loss on liquidity providers. This algorithm differentiates between trades that increase impermanent loss and those that reduce it, making liquidity provision more profitable.

Innovation

DefiPlaza is designed to offer the lowest possible trade costs to end users, ensuring capital efficiency and minimizing gas costs per trade. The CALM algorithm on Radix significantly outperforms traditional liquidity methods, making DeFi more sustainable. The stablecoin pool on Ethereum, StablePlaza, further minimizes impermanent loss with a 4-token setup.

Governance

The DFP2 token is used for governance purposes, allowing holders to make decisions about the future of the DefiPlaza project.

2. Price

DFP2

2.1. Market Performance

How does DefiPlaza's (DFP2) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

1.2%

DFP2

126.5%

Similar Market Cap

60 Day Return

-31.3%

DFP2

629.8%

Similar Market Cap

1 Year Return

-33.1%

DFP2

-6.6%

Similar Market Cap

3. Developer Activity

We're monitoring 12 DefiPlaza 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 DefiPlaza Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 8
  • Past year: 0 commits vs. an average of 111

Most Active Repos

Past week 73
Past 12 weeks 135
Past year 135
Past week 0
Past 12 weeks 2
Past year 100
Past week 0
Past 12 weeks 1
Past year 8
Past week 0
Past 12 weeks 5
Past year 5
Past week 0
Past 12 weeks 0
Past year 1
Past week
Past 12 weeks
Past year

Top Developers 2024

In total, 163 developers have contributed to DefiPlaza over the past year. Who are the most active DefiPlaza developers, by commits, over the past year?

Related Projects

Developers working on DefiPlaza also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users 150
Active Discord Users 15
Telegram Users 1,882
Twitter followers 4,228
5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://defiplaza.net
Explorer https://etherscan.io/token/0x2f57430a6ceda85a67121...
Twitter @defiplaza

What is the correct contract address for DefiPlaza?

Radix resource_rdx1t5ywq4c6nd2lxkemkv4uzt8v7x7smjcguzq5sgafwtasa6luq7fclq
Ethereum 0x2f57430a6ceda85a67121757785877b4a71b8e6d

Has DefiPlaza been audited for security?

No security audits found for this project.

Are you the owner of DefiPlaza? Edit it here

Subscribe for free

Investment alerts and insights directly in your inbox.

By continuing, you agree to the Stack Terms of Service and Privacy Policy.