UPFI Network UPS
1. Summary
- Price
-
$0.000066530000 -0.1%
- Market Cap
- $0.00 (#8528)
- Supply
- 0.00 / 500.00M
- Tags
- DeFi Solana Ecosystem
- Description
-
UPFI Network
UPFI Network
UPFI Network is a fractional-algorithmic stablecoin protocol that operates on the Solana network. The protocol aims to create a highly scalable, non-custodial, and extremely stable digital asset. It leverages a unique hybrid approach combining algorithmic stabilization with partial collateralization to ensure value stability. This approach is designed to overcome the limitations of previous stablecoins, which include fiat-collateralized, crypto-collateralized, and purely algorithmic stablecoins.
The UPFI protocol issues two tokens: UPFI and UPS. UPFI is the stablecoin, which is partially backed by collateral and algorithmically stabilized to maintain a pegged value. The UPS token, on the other hand, serves as a non-stable utility token that helps in absorbing volatility and enhancing the protocol's scalability by reducing the need for external collateral.
The protocol's design ensures capital efficiency and provides benefits to both the community and the ecosystem. Holders of UPFI receive interest and yield, making it an attractive store of value. Additionally, the UPFI protocol supports multiple cryptocurrencies as collateral and issues other fiat stablecoins.
Overall, UPFI Network's goal is to create a decentralized, highly scalable, and algorithmically stable digital asset that addresses the risks and restrictions faced by previous stablecoins.
| Price | |
| 52W High price | $0.000356496800 |
| 52W High date | 25th Dec 2023 (10 months ago) |
| All Time High (ATH) Date | 11th Nov 2021 (3 years ago) |
| ATH Price | $0.16 |
| % From ATH | -99.93% |
| All Time Low (ATL) Date | 19th Dec 2022 (1 year ago) |
| ATL Price | $0.000090990000 |
| % From ATL | 25.44% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $14.00 |
| Total Supply | 500.00M |
| Max Supply | 500.00M |
UPS
How does UPFI Network's (UPS) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-5.9%
UPS
26.2%
Similar Market Cap
60 Day Return
-13.0%
UPS
-
Similar Market Cap
1 Year Return
-37.4%
UPS
-
Similar Market Cap
We're monitoring 4 UPFI Network 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 UPFI Network 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 | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 27 |
| Past week | 1 |
|---|---|
| Past 12 weeks | 1 |
| Past year | 1 |
| Past week | 1 |
|---|---|
| Past 12 weeks | 1 |
| Past year | 1 |
| Past week | 1 |
|---|---|
| Past 12 weeks | 1 |
| Past year | 1 |
Top Developers 2024
In total, 4 developers have contributed to UPFI Network over the past year. Who are the most active UPFI Network developers, by commits, over the past year?
Related Projects
Developers working on UPFI Network 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 | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | 2,826 |
| Active Discord Users | 26 |
| Telegram Users | 28,847 |
| Twitter followers | 68,793 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://upfi.network |
|---|---|
| Explorer | https://solscan.io/token/EwJN2GqUGXXzYmoAciwuABtor... |
| @upfi_network |
What is the correct contract address for UPFI Network?
| Solana | EwJN2GqUGXXzYmoAciwuABtorHczTA5LqbukKXV1viH7 |
|---|
Has UPFI Network been audited for security?
No security audits found for this project.
Are you the owner of UPFI Network? Edit it here
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