Rank #1289
2,851 people like this
dextf  (DEXTF)

DEXTF (DEXTF)

$0.296550 104.5%
0.00000618 BTC 102.7%
0.00008190 ETH 92.9%
2,851 people like this
$0.144971
24H Range
$0.321963
Market Cap $6,277,957
24 Hour Trading Vol $776,797
Fully Diluted Valuation $29,654,967
Total Value Locked (TVL) $145,714
Fully Diluted Valuation / TVL Ratio 203.51
Market Cap / TVL Ratio 43.08
Circulating Supply 21,170,000
Total Supply 100,000,000
Max Supply 100,000,000
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DEXTF
USD
USD
DEXTF (DEXTF) Price Chart

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1h
24h
7d
14d
30d
1y
1.7%
104.5%
101.4%
21.7%
-0.9%

DEXTF Price and Market Stats

DEXTF Price $0.296550
Market Cap $6,277,957
Market Cap Dominance 0.00%
Trading Volume $776,797
Volume / Market Cap 0.1237
24h Low / 24h High $0.144971 / $0.321963
7d Low / 7d High $0.140160 / $0.289319
Market Cap Rank #1289
All-Time High $3.98 -92.6%
Feb 20, 2021 (7 months)
All-Time Low $0.020017375499 1381.5%
Oct 09, 2020 (11 months)

DEXTF Coin Price & Market Data

DEXTF price today is $0.296550 with a 24-hour trading volume of $776,797. DEXTF price is up 104.5% in the last 24 hours. It has a circulating supply of 21 Million DEXTF coins and a total supply of 100 Million. If you are looking to buy or sell DEXTF, Uniswap (v2) is currently the most active exchange.

What is DEXTF?

DEXTF is a digital asset management infrastructure on blockchain that allows anyone to create, mint, and redeem XTF funds. At present, DEXTF supports more than 70 tokens and funds are soft-limited to 10 tokens (this limit will be increased in next releases). The XTF funds’ ticker symbol and asset weights are determined by the fund manager when creating the fund. Each XTF fund is an ERC20 token with its own address and contract allowing users to hold, trade, transfer, redeem and utilize XTF fund like any other token. XTF funds are also composable, both downstream (as any ERC20 they can be used by other protocols as collateral or underlying for any DeFi application) and upstream (they can hold various other ERC20 like decentralized options, yield producing tokens, liquidity pools, etc.).

What makes DEXTF unique?

The DEXTF team spotted a gap in the DeFi ETF space for an easy, accessible way for anyone to create and manage decentralized funds. 

They sought to create a simple and efficient asset management infrastructure that followed the team’s philosophy: that only the bare minimum logic should be on chain. Furthermore DEXTF does not rely on oracles: the risk of manipulation present in complex oracle or rebalancing mechanisms tends to result in the use of admin keys in order to respond in a timely manner to attacks or exploits. Finally DEXTF does not rely on other protocols for the funds to trade: this reduces the attach surface and also limits the need for admin key to upgrade the connectivity when the underlying protocols upgrade.

The DEXTF team believes that true adoption from large players, institutions and the masses wll only be possible without  admin keys and their connected risks. 

DEXTF’s core protocol relies on simple functions, safe and eticulous coding and strong game theory. The entire mechanism relies solely on arbitrage and market forces for fund pricing, rebalancing and safety. 

Finally, while logic can be programmed into a smart contracts, a community of properly incentivized stakeholders is one of the strongest and smartest solution to many problems. 

Ultimately, reducing Fund Management to their simplest form makes XTFs simpler to utilize in a way that is reminiscent of the highly modular design philosophy of UNIX. DEXTF can almost be thought of as a trust-minimized set of building blocks that creates economic incentives and opportunities for the community to be rewarded for taking up each role in the ecosystem.

DEXTF Governance Token and Ecosystem Rewards

DEXTF is an ERC20 token created to govern the DEXTF protocol. DEXTF tokens can be used to vote on proposals for protocol changes including the adjustment of system parameters like fee factors. DEXTF holders may also delegate their voting power to another address or delegate who may propose, vote on, and execute proposals on their behalf.

Additionally, the distribution of DEXTF tokens has been designed to reward network participants for performance, liquidity, volume and other metrics in an effort to increase adoption of the DEXTF Dapp and XTF token funds.

DEXTF News & Guides

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