MONEY/DAI
$MONEY is a USD-denominated decentralized stablecoin, that can be minted by depositing collateral and opening a loan within the defi.money protocol. It distinguishes itself from other CDP-based stablecoins by utilizing an AMM-based liquidation mechanism that can buy or sell your collateral within a liquidation price range instead of a set price threshold. This protects users against full liquidations that otherwise could occur due to price volatility. $MONEY has been optimized for everyday users by being deployed on Layer 2 chains, to make even smaller loans cost-friendly due to much reduced gas costs. The protocol is also natively cross-chain, meaning it can be minted on multiple chains, as well as seamlessly be bridged between them.
Score | 38 |
|---|---|
24h Vol | $0.19 |
Liquidity | $1.9K |
Holders | 3.6K |
Audits | |
Age | 2 years |
FDV | $5M |
Market Cap | $10M |
MONEY to DAI Converter
Score | 38 |
|---|---|
24h Vol | $0.19 |
Liquidity | $1.9K |
Holders | 3.6K |
Audits | |
Age | 2 years |
FDV | $5M |
Market Cap | $10M |
About Defi.Money Stablecoin (MONEY)
$MONEY is a USD-denominated decentralized stablecoin, that can be minted by depositing collateral and opening a loan within the defi.money protocol. It distinguishes itself from other CDP-based stablecoins by utilizing an AMM-based liquidation mechanism that can buy or sell your collateral within a liquidation price range instead of a set price threshold. This protects users against full liquidations that otherwise could occur due to price volatility. $MONEY has been optimized for everyday users by being deployed on Layer 2 chains, to make even smaller loans cost-friendly due to much reduced gas costs. The protocol is also natively cross-chain, meaning it can be minted on multiple chains, as well as seamlessly be bridged between them.
MONEY/DAI Price Stats
The current price of MONEY (MONEY/DAI) on Curve (Optimism) is $0.9947, the price is up 0% in the last 24 hours. Its 24-hour trading volume is reported to be at $0.1883 with a total of 1 transactions. MONEY/DAI contract address is 0x555aea44f348c4f53a0160335658a8619006c5b0, with a Fully Diluted Valuation (FDV) of $4.98M and a liquidity pool of $1,865.01.
