Defi.money

MONEY Price

What is Defi.money about?

Defi.money is a decentralized finance platform that offers a USD-denominated stablecoin called $MONEY. This stablecoin can be minted by users who deposit collateral and open a loan within the Defi.money protocol. It stands out from other collateralized debt position (CDP)-based stablecoins by using an Automated Market Maker (AMM)-based liquidation mechanism. This mechanism allows for buying or selling collateral within a liquidation price range rather than a fixed price threshold, which helps protect users from full liquidations caused by price volatility.

What makes Defi.money unique?

Defi.money is optimized for everyday users by being deployed on Layer 2 chains, significantly reducing gas costs and making smaller loans more cost-effective. Additionally, the protocol is natively cross-chain, enabling $MONEY to be minted on multiple chains and seamlessly bridged between them.

Where can you buy Defi.money?

MONEY tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Defi.money is Curve (Optimism), where the most active trading pair MONEY/USDT has a trading volume of $0.760515 in the last 24 hours.

What is the daily trading volume of Defi.money (MONEY)?

The trading volume of Defi.money (MONEY) is $0.760471 in the last 24 hours, representing a -99.50% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Defi.money (MONEY)?

Defi.money (MONEY) reached an all-time high of $1.22 and an all-time low of $0.0001069. It’s now trading -18.30% below that peak and 935,401.20% above its lowest price.

What is the market cap of Defi.money (MONEY)?

Market capitalization of Defi.money (MONEY) is $10,009,259 and is ranked #1288 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of MONEY tokens (10 Million tokens are tradable on the market today).

What is the fully diluted valuation of Defi.money (MONEY)?

The fully diluted valuation (FDV) of Defi.money (MONEY) is $10,009,259. This is a statistical representation of the maximum market cap, assuming total number of 10 Million ETH tokens are in circulation today.

How does the price performance of Defi.money compare against its peers?

With a price increase of 0.00% in the last 7 days, Defi.money (MONEY) is underperforming the global cryptocurrency market which is up 0.60%, while underperforming when compared to similar Stablecoins cryptocurrencies which are up 0.30%.