- #7309
DeFi Franc DCHF
DCHF Price
Market Cap
--Rank #7309FDV
$15.35 MRank #3967Investors
Twitter Followers
Twitter Performance
136Rank by Twitter #9027- 0
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Detailed Performance
DCHF shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
DCHF to USD Converter
Price History
- All-Time High
- $1.791.59x to ATH
- All-Time Low
- $0.29243.85x to ATL
- Trade Launch Date
- 28 Nov, 2022
511 days ago
Exchanges
Exchanges type
About DCHF
DeFi Franc (DCHF) is a decentralized stablecoin that is pegged to the Swiss Franc, which is considered one of the most secure, trusted, and stable fiat currencies in the world. It is over-collateralized and created through loans backed by ETH and WBTC. DCHF allows users to deposit ETH as collateral, borrow DCHF at a collateralization ratio of 110% with a one-time fee of 0.5%, and use it within the DeFi ecosystem to earn yields or leverage decentralized finance opportunities. It offers individuals, exchanges, and developers a stablecoin solution specifically designed for the DeFi space.
What makes DeFi Franc unique?
DeFi Franc (DCHF) stands out from other cryptocurrencies for several reasons. Firstly, it is a decentralized stablecoin that is pegged to the Swiss Franc, which is considered one of the most secure, trusted, and stable fiat currencies in the world. This pegging mechanism provides stability to DCHF, making it less volatile compared to other cryptocurrencies.
Another unique aspect of DCHF is that it is over-collateralized. This means that it is created through loans that are backed by Ethereum (ETH) and Wrapped Bitcoin (WBTC). This over-collateralization ensures that the value of DCHF is always secured, as the loans are supported by valuable assets.
Moreover, DCHF allows individuals to use their ETH as collateral to borrow DCHF, offering flexibility and freedom in utilizing their assets. There are no restrictions on how DCHF can be used, whether it is for earning yields in decentralized finance ecosystems or leveraging other DeFi opportunities.
Additionally, the DCHF ecosystem facilitates cheap loans with a one-time fee of only 0.5%, making it cost-effective compared to other lending platforms. This feature benefits both individuals and exchanges seeking affordable borrowing options.
Overall, the combination of being pegged to the Swiss Franc, over-collateralization, and flexibility in usage makes DeFi Franc unique and attractive in the cryptocurrency space.
Live DeFi Franc Price Data
The current price of DeFi Franc (DCHF) is approximately $1.12, reflecting a increase of 0.42% in the last 24 hours. The DCHF trading volume in the last 24 hours stands at $5,628.65.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand DeFi Franc's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on DCHF, check out our crypto insights page.
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Official Links
DCHF to USD Converter
Price History
- All-Time High
- $1.791.59x to ATH
- All-Time Low
- $0.29243.85x to ATL
- Trade Launch Date
- 28 Nov, 2022
511 days ago