DAFI Protocol (DAFI) is not tradable on Coinbase.
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DAFI Protocol Price (DAFI)
Market stats
DAFI Protocol is on the decline this week. ↘
The price of DAFI Protocol has decreased by 0.47% in the last hour and decreased by 8.24% in the past 24 hours. DAFI Protocol’s price has also fallen by 4.97% in the past week. The current price is $0.000686 per DAFI with a 24-hour trading volume of $10.24K. Currently, DAFI Protocol is valued at 99.67% below its all time high of $0.21. This all-time high was the highest price paid for DAFI Protocol since its launch.
The current circulating supply of DAFI Protocol is 1,100,988,964.155 DAFI which means that DAFI Protocol has as total market cap of 1,100,988,964.155.
Overall
Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more
Market cap
$770,944.12
Volume (24h)
$10,238.45
Circulating
1.1B DAFI
All time high
$0.21
Price change
1 hour
↘ 0.47%
1 day
↘ 8.24%
1 week
↘ 4.97%
2 weeks
↘ 17.86%
1 month
↘ 30.95%
1 year
↘ 80.92%
1 year benchmarks
Performance
↘ 82.02%
Vs. Market
↘ 92.18%
Vs. BTC
↘ 93.07%
Vs. ETH
↘ 87.43%
About DAFI Protocol
FAQ
With DeFi, DAFI primarily aims to address three issues, which include:
To solve such issues, DAFI aims at sustainable adoption by introducing a model where reward quantity is tied to network demand. There are three core economic principles behind this. The first is reducing the number of network rewards at the beginning to avoid supply shocks and single user control of network value. Secondly, increasing the issued tokens as adoption rises, thus linking two market-factors to promote the growth of decentralized economies. And ultimately, increasing scarcity when demand declines to protect the economy by avoiding over-release of tokens.
Using DAFI, other protocols and platforms can create a reward system from their native token. It is then pegged or attached to the demand of the network and eventually distributed to users. As a result, users can seek to gain incentives to use the platform even at low adoption rates.
The whitepaper states that DAFI offers a way to create scarcity by making reward quantity proportional to demand. Users can stake the DAFI token for governance purposes and help create further incentives for future users.
Zain Rana is the founder of DAFI. Besides that, he is also a global blockchain speaker. Rana has completed his BS in Biomedical Science from The Manchester Metropolitan University.
Some other team members of DAFI include Neil Nguyen as the economics lead, Ali Martinez as the creative lead, and Igor Stojkoski as the UI designer.
We update our DAFI Protocol to USD currency in real-time. Get the live price of DAFI Protocol on Coinbase.
The current market cap of DAFI Protocol is $770.94K. A high market cap implies that the asset is highly valued by the market.
The all-time high of DAFI Protocol is $0.21. This all-time high is highest price paid for DAFI Protocol since it was launched.
Over the last 24 hours, the trading volume of DAFI Protocol is $10.24K.
Assets that have a similar market cap to DAFI Protocol include MahaDAO, Aurox, My Crypto Heroes, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of DAFI Protocol is 1.1 billion.
DAFI Protocol Price History
Date | Price | Change |
|---|---|---|
Today (January 23, 2025) | $0.000686 | -7.75% |
24 hours ago (January 22, 2025) | $0.000742 | -8.24% |
1 week ago (January 16, 2025) | $0.000721 | -4.97% |
1 month ago (December 23, 2024) | $0.000995 | -30.95% |
1 year ago | $0.0038 | -80.92% |
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