DefiPlaza Price (DFP2)

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What Is DefiPlaza (DFP2)?

[DefiPlaza](https://defiplaza.net) is a decentralized exchange on Ethereum. Like other exchanges, it offers trades between tokens by functioning as an Automated Market Maker (AMM).

What makes DefiPlaza special is a single-contract, highly optimized DEX, designed to offer the lowest possible trade cost to the end user. Gas costs per trade are the lowest in the industry, and the transaction fees are very competitive at 0.1% of value traded. The main DefiPlaza USPs are: - Swap 65% cheaper than any other DEX. - Invest in a basket of 16 tokens like an ETF fund. - Stake your tokens and receive a 54% APR. The DefiPlaza website is a user friendly interface to: - Swap tokens with low transaction fees and gas costs. - Add / remove liquidity at low gas costs. - Stake liquidity tokens for DFP2 rewards at low gas costs. - View statistics about the DefiPlaza platform. - Learn about the features of DefiPlaza. ## How Many DFP2 Tokens Are In Circulation? - Fully diluted total supply: 67.9M DFP2 - 50M staking rewards - 5M team incentives - 2.5M community fund - 2.5M locked team incentives (until Oct 6th 2022) - 7.9M hard fork from v1 The bulk of the tokens will be released on a quadratic curve starting at the 6th of October 2021, running for one year. The release rate starts out high and slowly reduces to zero.

What is the roadmap for DefiPlaza?

Longer term DefiPlaza aims to expand on Ethereum, as well as other EVM and non-EVM supporting chains. The favorable economic properties of multi-token AMM when compared with pair baised AMM apply to any environment, and the DefiPlaza team aims to deploy this concept much more widely than it has been today. Expansions onto Polygon and Radix are the main priority. The DefiPlaza governance token will be used to make community decisions on fees and token (de)listings as well as larger decisions such as where to deploy the next exchange. All deployed exchanges are planned to list DFP2 or a bridged/wrapped version of to bring further utility to the ecosystem. **November 2021**: 1inch integrated with DefiPlaza Users of the 1inch aggregator can now use DefiPlaza to swap with even lower fees. The 1inch Network unites decentralized protocols whose synergy enables the most lucrative, fastest and protected operations in the DeFi space. **April 2022**: Implemented WalletConnect Next to supporting MetaMask, we will launch our implementation of the popular WalletConnect standard. Enabling more wallets for our users both on desktop and mobile. **Q2 2022**: StablePlaza launch Taking the same gas saving engineering approach as DefiPlaza, we will deploy a multi-token exchange based around swapping stable tokens. This will take the record-low costs of DefiPlaza and combine them with dedicated stable coin bonding curves. **Q3 2022**: MoonPlaza launch The MoonPlaza will be a place where new projects can get their tokens listed, giving young projects a cost effective way of gaining liquidity against several mainstream tokens like ETH and USDC/USDT in one go. Naturally, the DefiPlaza low-cost philosophy will also extend to MoonPlaza. **Q1 2023**: DefiPlaza Radix launch When the Radix Babylon network becomes available, DefiPlaza will be among the first functional DEXes. Here we will aim to have the most capital efficient multi-token AMM that we can build, adding more features since gas costs are no longer a concern. Where Can I Buy DFP2? DefiPlaza token is available at [UniSwap](https://app.uniswap.org/#/swap?inputCurrency=ETH&outputCurrency=0x2f57430a6ceda85a67121757785877b4a71b8e6d) and of course on [DefiPlaza](https://defiplaza.net/swap) itself. DFP2 is the governance token that is used for: - Deciding on the level of trading fees on the exchange. - Deciding which tokens should be (de)listed on the exchange. - Deciding how and where to expand the ecosystem. DefiPlaza is easily the cheapest DEX to swap tokens on Ethereum. The low gas costs and fees can be leveraged by aggregators to offer their users a better trading experience. Thus, DefiPlaza is currently focusing on building collaborations with aggregators to increase trading volume. **October 2021**: DefiPlaza launched Going back to the fundamentals of swapping tokens, DefiPlaza was deployed as the most cost-effective DEX on Ethereum. With 120 trading pairs, the lowest gas costs and very low fees it has since brought the best deal in DeFi to our users. **February 2022**: Website redesign Based on requests from the community and with the help of a professional designer, the website and trading app are redesigned to the highest standard. A clean mix of modern DeFi design with ancient Greek elements will give the project a recognisable visual brand.

What is the current price of DefiPlaza?

DefiPlaza (DFP2) is trading at $0.00236824, reflecting a price movement of 29.63% over the last 24 hours. This live data aggregates pricing from global exchanges to give traders an accurate market valuation at any moment.

What role does DefiPlaza play in its ecosystem?

As a core asset within the -- network and a part of the Ethereum Ecosystem,Radix Ecosystem sector, DFP2 often powers essential functions such as payments, staking, governance voting, and liquidity incentives. Its design can influence how applications or smart contracts operate across its ecosystem.

How actively is DFP2 being traded today?

Over the last 24 hours, DFP2 recorded $-- in trading volume. High volume typically signals strong investor interest, healthier liquidity, and better execution for both small and large traders.

What is the circulating supply of DefiPlaza?

There are 66458464.41798632 tokens in circulation today, which determines the amount accessible for trading. Circulating supply helps investors estimate scarcity, inflation dynamics, and potential long-term token distribution.

What is the market cap and rank of DFP2?

DefiPlaza currently holds market rank #6336 with a market capitalization of $157390, placing it among recognized assets within its sector and helping investors measure its relative scale.

How has DefiPlaza performed in the last 24 hours?

Its price has shown a price movement of 29.63% over the last 24 hours. Short-term movement can be influenced by trading sentiment, liquidity shifts, or developments related to the -- network.

How does DefiPlaza compare to similar assets in the same category?

Within the Ethereum Ecosystem,Radix Ecosystem segment, DFP2 demonstrates competitive activity supported by strong trading levels, high liquidity, and its ongoing use cases within its ecosystem.