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Market Cap: $2.063T 0.6%
24h Vol: $66.715B
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Decentralized Exchange

DFX (Polygon)

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Affiliate disclosures
BTC0.0000
24h Trading Volume 0.0%
0
Coins
0
Pairs

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This exchange doesn't currently have any trading pairs.

What is DFX (Polygon)?

DFX (Polygon) is a decentralized cryptocurrency exchange established in -. Currently, there are 0 coins and 0 trading pairs available on the exchange. DFX (Polygon) 24h volume is reported to be at $0.00, a change of 0% in the last 24 hours.
The Vision - DFX is a decentralized foreign exchange protocol optimized for trading fiat-backed foreign stablecoins. The next generation of global finance cannot rely solely on USD-pegged stablecoins. A decentralized protocol where users can efficiently exchange stablecoins pegged to various foreign currencies is not only important, but necessary. DFX is the protocol for the exchange of foreign stablecoins. The Parts - In order to create a global platform for trading fiat-backed stablecoins, several pieces will be required: An AMM optimized for efficient swaps Stablecoin issuers (in various countries) Liquidity providers - An automated market maker (AMM) on Ethereum allows the decentralized exchange of tokens according to a bonding curve. For DFX, this curve will be dynamically adjusted by using real world FX price feeds from ChainLink to ensure that you get the best rates for Non-USD Stablecoins like CADC, EURS, XSGD, etc. Working with stablecoin issuers in foreign countries and their local crypto on-ramps will be necessary to onboard the masses into DeFi. DFX aims to create partnerships with stablecoin issuers around the world and help them bootstrap the usage of their tokens to the world. You can safely earn yield or use the DFX platform and contracts to provide true financial localization for the customers of your global business. A decentralized protocol where users can efficiently exchange stablecoins pegged to various foreign currencies isn’t only important, but necessary. DFX Finance is that protocol for the exchange of foreign stablecoins. If you would like to know more about our great community or even if you just want to look at our Docs page, you can do so at the links below.
Community
Address
-
Recent Monthly Pageviews
4,314.0
Alexa Rank
#1552635
Community Data
-

Fees

Margin Trading
No
Market With Fees
No

Volume by Market Pair

Volume by Currency

Exchange Trade Volume

CSV Excel

Exchange Normalized Trade Volume

Liquidity

Reported Trading Volume
-
Normalized Trading Volume
-
Reported-Normalized Volume Ratio
1.0
Average Bid-Ask Spread
-
Trading Pair Total Trust Score

Scale

Normalized Volume Percentile
9th
Combined Orderbook Percentile
-
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