Dfyn is a platform that operates as a multichain AMM with nodes spread on different blockchains. A node basically refers to a computer linked on a blockchain network. At the same time, an automated market maker (AMM) is a part of DEX that removes any intermediaries in crypto assets trading. The AMMs enable sharing liquidity and cross-chain digital asset swaps. Thus, the Dfyn platform aims to build a multichain ecosystem that provides a trustless, decentralized exchange (DEX) along with a fast gasless AMM.

Dfyn seeks to improve DeFi’s scalability and congestion. Dfyn also addresses DeFi’s high gas fees, fragmented liquidity pools, low throughput, and poorer user experience. As a solution, Dfyn nodes are spread across multiple Layer 1 and Layer 2 blockchains, thus allowing users to perform their asset trades seamlessly on several blockchains from a single interface. Further, the platform’s AMM optimization seeks to overcome the issues faced by traditional AMMs, including any impermanent loss.

Dfyn operates on Polygon and Fantom. By relying on Polygon, the network ensures that transactions are carried out instantly. And by using the two blockchains, the platform resolves the problem of scalability.

DFYN is the ecosystem’s native token with multiple utilities, such as giving token holders the right to participate in the platform’s governance by voting on Dfyn’s proposals regarding protocol amendments and upgrades. Moreover, a 0.3% fee is charged on every trade done on the platform, of which 0.25% is distributed to the liquidity providers in proportion to their contribution to the liquidity pool. And 0.05% goes to the DFYN treasury for buybacks and gas subsidies.

There are four cofounders of the platform—Ramani Ramachandran, Chandan Choudhury, Shubham Singh, and Priyeshu Garg. Ramani Ramachandran joined the crypto in 2014 and has run one of Asia’s earliest crypto funds. He also developed Fordex, the world’s first stablecoin DEX. He had previously worked at Deloitte, Moody’s, and Schlumberger. Chandan Choudhury is a veteran trader and an advisor with an experience of 15 years. Similarly, Shubham Singh has been a full-stack developer and technical architect building in blockchain and crypto since 2016. 

The token’s maximum supply is 250,000,000 DFYN.

Actualizamos nuestro Dfyn Network a EUR en tiempo real. Obtén el precio de Dfyn Network actual en Coinbase.

La capitalización de mercado actual de Dfyn Network es de93,974 mil €. Una capitalización de mercado alta implica que el activo está muy valorado dentro del mercado.

El máximo histórico de Dfyn Network es 7,08 €. Este valor representa el precio más alto pagado por Dfyn Network desde su lanzamiento.

Durante las últimas 24 horas, el volumen de negociación de Dfyn Network ha sido de 66,785 mil €.

Entre los activos que tienen una capitalización de mercado similar a Dfyn Network se encuentran Eliza (ai16zeliza), Ibiza Final Boss, Vestate y muchos otros. Para ver una lista completa, consulta nuestros activos con capitalización de mercado comparable.

Actualmente, Dfyn Network cuenta con un suministro en circulación de 172 millones.