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Rank #1013
DeFi Yield Protocol Price (DYP)
DeFi Yield Protocol (DYP)
$0.297081 5.6%
0.00001388 BTC 4.7%
0.00024303 ETH 2.8%
43,163 people like this
$0.268676
24H Range
$0.315866
Market Cap $6,434,589
24 Hour Trading Vol $2,076,776
Fully Diluted Valuation $7,431,141
Circulating Supply 21,615,714
Total Supply 24,963,431
Max Supply 24,963,431
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DYP
USD
USD

DeFi Yield Protocol Price Chart (DYP/USD)

Last updated 11:41AM UTC. Currency in USD.

Live Chart

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1h
24h
7d
14d
30d
1y
-0.7%
5.6%
34.7%
48.4%
258.4%
-25.5%

DYP Price Statistics

DeFi Yield Protocol Price Today
DeFi Yield Protocol Price $0.296925
24h Low / 24h High $0.268676 / $0.315866
7d Low / 7d High $0.203878 / $0.465117
Trading Volume $2,077,204
Market Cap Rank #1013
Market Cap $6,457,876
Market Cap Dominance 0.001%
Volume / Market Cap 0.3239
All-Time High $5.05 -94.1%
Feb 20, 2021 (over 1 year)
All-Time Low $0.056007983425 433.7%
May 12, 2022 (about 1 month)

DYP Price Today

DeFi Yield Protocol price today is $0.297081 with a 24-hour trading volume of $2,076,776. DYP price is up 5.6% in the last 24 hours. It has a circulating supply of 22 Million DYP coins and a total supply of 25 Million. If you are looking to buy or sell DeFi Yield Protocol, PancakeSwap (v2) is currently the most active exchange.

What was the highest price for DeFi Yield Protocol?

DeFi Yield Protocol hit an all time high of $5.05 on Feb 20, 2021 (over 1 year).

What was the lowest price for DeFi Yield Protocol?

DeFi Yield Protocol had an all time low of $0.056007983425 on May 12, 2022 (about 1 month).

What was the 24 hour trading volume of DeFi Yield Protocol?

The 24 hour trading volume of DeFi Yield Protocol is $2,076,776.

Where can DeFi Yield Protocol be traded?

You can trade DeFi Yield Protocol on PancakeSwap (v2), Gate.io, and Pangolin. Popular trading pairs for DeFi Yield Protocol in the market includes DYP/USD, DYP/CAD, DYP/EUR, DYP/PHP, DYP/INR, and DYP/IDR.

Why is DeFi Yield Protocol Unique? DeFi Yield Protocol: Your New On-The-Go DeFi

DeFi Yield Protocol (DYP) will provide a solution to the risk Yield Farming brought in. How? – The DYP is developing a platform that allows anyone to provide liquidity and to be rewarded for the first time with Ethereum. At the same time, the platform maintains both token price stability as well as secure and simplified for end users by integrating a DYP anti-manipulation feature.

How will this work?

DeFi Yield protocol (DYP) is changing the way you earn through liquidity on Ethereum smart contract. The argument is that whales have the power to control the network. DeFi Yield protocol (DYP) prevents the whale advantage. DYP anti-manipulation feature ensures that all pool (DYP/ETH, DYP/USDC, DYP/USDT, and DYP/WBTC POOL) rewards are automatically converted from DYP to ETH at 00:00 UTC, and the system automatically distributes the rewards to the liquidity providers. This feature is excellent because the network’s liquidity will be fair to all participants; no whale will be able to manipulate the price of DYP to their advantage.

Every day at 00:00 UTC, the smart contract will automatically try to convert the DYP rewards to ETH. If the DYP price is affected by more than -2.5%, then the maximum DYP amount that does not affect the price will be swapped to ETH, with the remaining amount distributed in the next day’s rewards. After seven days, if there are still undistributed DYP rewards, the DeFi Yield protocol (DYP) governance will vote on whether the remaining DYP will be distributed to the token holders or burned (all burned tokens are removed from circulation).

Smart contracts are the engine room of any related project. The advantage of smart contracts is that the community writes the rules; they can work without human interaction. Unlike the centralized world in which a set of rules are interpreted by a few experts who make decisions. Cool feature, Right. Not really. There is a significant disadvantage of smart contract risk, which happens when there is a bug in a smart contract. YAM finance is the greatest example of a smart contract risk. The team discovered a bug that prevented a vote from being executed. Yam tokens were dumped by users causing the tokens to plunge overnight. DYP prevents smart contract risk by ensuring that all their smart contracts are audited, and the codes are secured from participants who try to take advantage of the system.

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