About Port Finance
Port Finance is a money-market, non-custodial liquidity protocol on Solana. They aim to provide a comprehensive suite of lending products, including variable-rate lending, fixed-rate lending, and interest rate swap.
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Traders
13
Market Stats
Market Cap
$142.98K
-2.71%
FDV
$401.39K
Circ. Supply
36M PORT
Max Supply
100M PORT
Total Supply
100M PORT
Total Value Locked
$2.73M
Diluted Valuation
$396.61K
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$19.28K
2,076.8%
Volume (7D)
$175.77K
Volume (30D)
$831.91K
All time high
$11.38
Price Change (1Y)
14.13%
Additional details
Market details
PORT vs markets
↘ 24.85%
PORT vs BTC
↘ 25.84%
PORT vs ETH
↘ 24.34%
Tags
asset-management
Network & Addresses
Network | Address | |
|---|---|---|
Solana | PoRTjZMPXb9T7dyU7tpLEZRQj7e6ssfAE62j2oQuc6y |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0040 | ↘ 1.64% |
1 Day | $0.0041 | ↘ 1.64% |
1 Week | $0.0039 | ↗ 2.11% |
1 Month | $0.0051 | ↘ 21.27% |
1 Year | $0.0035 | ↗ 14.13% |
FAQ
Port Finance is a lending protocol. The platform aims to leverage the Solana blockchain’s high speed and low latency with a complete range of fixed income products, including fixed-rate lending, variable rate lending, and yield rate swaps. Port Finance also looks forward to implementing features like leveraged trading using the Raydium AMM (automated market maker) with one click and protocol-to-protocol lending to enable leverage yield-farming.
Port Finance focuses on leveraging the technological advancements on the Serum ecosystem to bring lending products difficult to implement on Ethereum. According to the whitepaper, the platform follows a three-step approach. In the first phase, the platform aims to provide a baseline lending protocol similar to Compound and Aave on Ethereum, with three core features:
The platform issues a native token named Port Finance (PORT) to allow decentralized community governance and to incentivize early-stage users. The PORT token gets value by acting as a governance token to decide on the several parameters of the protocols, including which assets to support, the maximum loan-to-value ratio, liquidation threshold, and other associated changes.
According to the roadmap, the platform launched Port Finance (PORT) (Initial DEX Offering) IDO with Solanium in August 2021.
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Social stats
Popularity in posts
#2944
Contributors
28
Posts
28
% About Port Finance
0.005%
Hold times
0 days
X (Twitter)
50% bullish
Sentiment
4.1 ★
Highlights
28 unique individuals are talking about Port Finance and it is ranked #2,944 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Port Finance has an average sentiment score of 4.1 out of 5. Finally, Port Finance is becoming less newsworthy, with 0 news articles published about Port Finance.
On Twitter, people are mostly bullish about Port Finance. There were 58.82% of tweets with bullish sentiment compared to 17.65% of tweets with a bearish sentiment about Port Finance. 41.18% of tweets were neutral about Port Finance. These sentiments are based on 60 tweets.
On Reddit, Port Finance was mentioned in 3 Reddit posts and there were 5 comments about Port Finance. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.
