• Coins 17 068
  • Exchanges 1 300
  • Market Capitalization $2 805 572 377 267
  • 24h Trading Volume $80 135 583 094
  • Dominance BTC 60.36% ETH 7.10%

Defi.money (money) Live Chart

Crypto Rank Name Current Price 24h Price Change Total Supply Circulating Supply
1438
MONEY
Defi.money logo Defi.money MONEY
$ 1.00 -0.33% 10 295 810 10 295 810 AI Insight

Defi.money (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.