Hifi Finance (HIFI) price has declined today.
The price of Hifi Finance (HIFI) is $0.720780 today with a 24-hour trading volume of $10,113,962.10. This represents a -1.30% price decline in the last 24 hours and a -18.10% price decline in the past 7 days. With a circulating supply of 110 Million HIFI, Hifi Finance is valued at a market cap of $75,983,536.
What is Hifi Finance?
Hifi Finance is a lending protocol that addresses the need for fixed-rate lending and borrowing in decentralized finance. It allows anyone to access instant liquidity against collateral assets approved by Hifi Governance, by tokenizing on-chain debt. Hifi Governance is a community-organized process that manages the various aspects of the Hifi Lending Protocol. Hifi proposes a novel liquidation architecture that drives resources back to ecosystem participants and balances incentives between borrowers, lenders, and guarantors. The system works by borrowers depositing collateral and minting tokens, which represent a debt obligation that settles on a specific future date. The Hifi Token (HIFI) is utilized to vote on governance proposals, unlock discounts, achieve greater capital efficiency, increase protocol rewards, and access additional leverage.
Where can you buy Hifi Finance?
HIFI tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Hifi Finance is Binance, where the most active trading pair HIFI/USDT has a trading volume of $7,354,788.96 in the last 24 hours. Other popular options include Gate.io and BingX.
What is the daily trading volume of Hifi Finance (HIFI)?
The trading volume of Hifi Finance (HIFI) is $10,113,962.10 in the last 24 hours, representing a -76.00% decrease from one day ago and signalling a recent fall in market activity.
What is the all-time high for Hifi Finance (HIFI)?
The highest price paid for Hifi Finance (HIFI) is $2.63, which was recorded on Sep 16, 2023 (10 days). Comparatively, the current price is -72.50% lower than the all-time high price.
What is the all-time low for Hifi Finance (HIFI)?
The lowest price paid for Hifi Finance (HIFI) is $0.251847, which was recorded on Jun 15, 2023 (3 months). Comparatively, the current price is 186.70% higher than the all-time low price.
What is the market cap of Hifi Finance (HIFI)?
Market capitalization of Hifi Finance (HIFI) is $75,983,536 and is ranked #282 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of HIFI tokens (110 Million tokens are tradable on the market today).
What is the fully diluted valuation of Hifi Finance (HIFI)?
The fully diluted valuation (FDV) of Hifi Finance (HIFI) is $86,616,261. This is a statistical representation of the maximum market cap, assuming the maximum number of 120 Million HIFI tokens are in circulation today. Depending on how the emission schedule of HIFI tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Hifi Finance compare against its peers?
With a price decline of -18.10% in the last 7 days, Hifi Finance (HIFI) is underperforming the global cryptocurrency market which is down -3.10%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.
What is the market sentiment of Hifi Finance today?
The community is bullish as more than 66% of users are feeling good about Hifi Finance (HIFI) today.
How to add Hifi Finance (HIFI) to MetaMask?
Adding Hifi Finance (HIFI) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import HIFI as a token. You can copy HIFI’s contract address (0x4b9278b94a1112cad404048903b8d343a810b07e) and import it manually, or if you've installed MetaMask's chrome extension, add HIFI to MetaMask with one click on CoinGecko.
Add HIFI to MetaMask.
