- #596
DeFi Pulse Index DPI
DPI Price
Market CapÂ
$54.23Â MRank #596FDVÂ
$54.23Â MRank #841Detailed Performance
DPI shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
DPI to USD Converter
Price History
- All-Time High
- $657.296.77x to ATH
- All-Time Low
- $52.661.84x to ATL
- Trade Launch Date
- 14 Sep, 2020
1312 days ago
Exchanges
Exchanges type
About DPI
The DeFi Pulse Index is a token set that allows users to easily and cost-effectively gain exposure to the decentralized finance (DeFi) sector. It is backed by the DeFi Pulse team and built on Set's v2 architecture. The index includes a selection of high-quality DeFi tokens, determined by a methodology that considers the market capitalization of the projects. By purchasing the DeFi Pulse Index, users can invest in multiple DeFi tokens with just one click, and the index is rebalanced monthly. It is not a derivative but a standard ERC20 token, offering composability within the wider DeFi ecosystem.
What makes DeFi Pulse Index unique?
The DeFi Pulse Index (DPI) is unique compared to other cryptocurrencies because it is an index token that provides exposure to the decentralized finance (DeFi) sector as a whole. Instead of having to manually acquire individual DeFi tokens from different exchanges, users can buy the DPI and instantly gain exposure to a diversified portfolio of the top DeFi tokens.
Additionally, the DPI is built on Set's new v2 architecture and is not a derivative but a standard ERC20 token. This means that it can be easily integrated and used within the wider DeFi ecosystem. It can be used for hedging, collateral on platforms like Aave or Compound, and even for yield farming as a staking asset.
Furthermore, the DPI allows users to benefit from reduced Ethereum network fees as they only need to pay the fee once to buy the index. It also offers monthly rebalancing, ensuring that the index stays up to date with the changing DeFi landscape.
Overall, the DeFi Pulse Index provides a convenient and cost-effective way for users to gain exposure to the DeFi sector and take advantage of the opportunities it offers.
Live DeFi Pulse Index Price Data
The current price of DeFi Pulse Index (DPI) is approximately $97.02, reflecting a decrease of -3.26% in the last 24 hours. The DPI trading volume in the last 24 hours stands at $62,333.49. DeFi Pulse Index's market cap is currently $54.23 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of DPI is 558,983.42.Â
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand DeFi Pulse Index's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on DPI, check out our crypto insights page.Â
Official Links
DPI to USD Converter
Price History
- All-Time High
- $657.296.77x to ATH
- All-Time Low
- $52.661.84x to ATL
- Trade Launch Date
- 14 Sep, 2020
1312 days ago