Total Value Locked | 24H | |
---|---|---|
in USD | $39.1M | -16.0% |
in ETH | 26.8K ETH | -13.0% |
in BTC | 838 BTC | -16.1% |
USDT Locked | 29.9M USDT | -7.4M USDT |
% Supply Locked | 0.08% | |
Blockchain | Ethereum | |
Most Locked | $USDT | |
Protocol Token | $DF |
dForce advocates for building an integrated and interoperable open finance and monetary protocol matrix, including asset protocols (USDx, GOLDx, dToken), liquidity protocol (dForce Trade), and lending protocols. dForce Token (DF) is the utility token that facilitates governance, risk buffers and interest alignment across the dForce Network. USDx is a fiat-back synthetic stablecoin pegged into a basket of regulated stablecoins (1 USDx = 80% USDC + 10% PAX + 10% TUSD) at pre-determined weighting, which is adjustable through on-chain governance. GOLDx is a gold token 100% back by constituent gold tokens and is denominated in gram instead of troy ounce. dTokens represent a pro rata claim of the underlying token plus yields generated by dForce's Yield Markets.
Check out dForce Network's various protocols: USDx, GOLDx, Yield Market (dToken), and dForce Trade.