DefiPlazaPrice(DFP2)
Details DefiPlaza (DFP2) Price information (USD)
The current real-time price of DFP2 is $0.0029. In the past 24 hours, DFP2 has traded between $0.0028 and $0.0031, showing strong market activity. The all-time high of DFP2 is $0.7829, and the all-time low is $0.0016.
From a short-term perspective, the price change of DFP2 over the past 1 hour is
DefiPlaza (DFP2) Market Information
DefiPlaza (DFP2) Today's Price
The live price of DFP2 today is $0.0029, with a current market cap of $193.809K. The 24-hour trading volume is 297.31. The price of DFP2 to USD is updated in real time.
DefiPlaza (DFP2) Price History (USD)
What is DEFIPLAZA (DFP2)?
When is the right time to buy DFP2? Should I buy or sell DFP2 now?
Before deciding whether to buy or sell DFP2, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s DFP2 technical analysis can provide you with trading references.
Future price trend of DFP2
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for DFP2.
How much will DFP2 be worth tomorrow, next week, or next month in ? What about your DFP2 assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! DFP2 Price Prediction
How to buy DEFIPLAZA (DFP2)
Convert DFP2 to local currency
DFP2 Resources
To learn more about DFP2, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x9a9e...2d3151  | 51.210M | 76.76% |
ethereum | 0x3a2b...b7e694 | 3.057M | 4.58% |
ethereum | 0xf8c9...02c095 | 2.453M | 3.68% |
ethereum | 0x4d08...663665 | 2.069M | 3.1% |
ethereum | 0x2996...0b4492 | 833.184K | 1.25% |
Other | 7.088M | 10.63% |
Hot Events
DEFIPLAZA (DFP2) FAQ
What is DefiPlaza (DFP2) and how does it function?
DefiPlaza is an automated market maker (AMM) designed for high gas efficiency and capital optimization. On the Ethereum network, it utilizes a multi-token pool model that hosts 16 tokens within a single smart contract to minimize transaction costs. On the Radix network, the platform employs the CALM (Concentrated Automated Liquidity Management) algorithm, which is specifically designed to reduce impermanent loss for liquidity providers.
What is the utility and governance role of the DFP2 token?
DFP2 is the native governance token for the DefiPlaza DAO. Holders have the power to vote on key protocol parameters, including fee levels, token listings, and ecosystem expansions. Within the Radix ecosystem, DFP2 serves as the primary 'quote token' for all trading pairs. This allows users to provide liquidity using DFP2 to earn a share of the trading fees generated by the platform.
How does DefiPlaza achieve lower gas fees compared to other decentralized exchanges?
DefiPlaza achieves significant gas savings through its unique multi-token pool architecture. Traditional decentralized exchanges often require multiple 'hops' between different token pairs to complete a swap. In contrast, DefiPlaza can execute trades within a single contract in one transaction. This streamlined approach can reduce gas consumption by up to 65% compared to standard automated market maker models.
What are the tokenomics and distribution details for DFP2?
The total supply of DFP2 is fixed at 67,941,915 tokens. As of October 2022, all tokens are in full circulation, and the team’s original vesting period has concluded. The distribution was heavily focused on the community, with approximately 73.6% allocated to staking rewards. The remaining supply was divided between the project treasury, the development team, and contributors from the original protocol version.
How do the Radix migration and cross-chain bridge work?
Following the Radix network's transition to the Babylon upgrade, DefiPlaza launched a migration program allowing users to upgrade legacy tokens to the current version via an official portal. The project also provides a bridge to move DFP2 between Ethereum and Radix. To maintain supply integrity, every token transferred to Radix is locked on the Ethereum side, ensuring the total circulating supply remains constant across both networks.
Where can DFP2 be acquired and has the protocol been audited?
DFP2 is available for trading on LBank and other major exchange platforms. Security is a core priority for the project; the protocol has undergone multiple professional audits. This includes comprehensive assessments by security firms like Pessimistic for its Radix integration, as well as previous audits of its Ethereum smart contracts, ensuring a robust and secure environment for decentralized trading.
