Hifi Finance
HIFI#3620
$0.004263
24H +9.8%7D -7.2%30D -45.4%
BLOCKINSIDERLoading1Y price · Live market data.
| Exchange | Pair | 24h Volume | Spread | Trust | |
|---|---|---|---|---|---|
| MEXC | HIFI/USDT | $56.43K | 0.80% | TRADE | |
| CoinEx | HIFI/USDT | $3.96K | 1.31% | TRADE | |
| Uniswap V4 (Ethereum) | 0X4B9278B94A1112CAD404048903B8D343A810B07E/0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48 | $3.25K | 0.61% | TRADE |
Top 3 exchanges by 24h trading volume. BlockInsider earns affiliate commission from some exchanges listed here. Placement does not affect editorial.
Hifi Finance is a lending protocol that addresses the need for fixed-rate lending and borrowing in decentralized finance. It allows anyone to access instant liquidity against collateral assets approved by Hifi Governance, by tokenizing on-chain debt.
Hifi Governance is a community-organized process that manages the various aspects of the Hifi Lending Protocol. Hifi proposes a novel liquidation architecture that drives resources back to ecosystem participants and balances incentives between borrowers, lenders, and guarantors.
The system works by borrowers depositing collateral and minting tokens, which represent a debt obligation that settles on a specific future date. The Hifi Token (HIFI) is utilized to vote on governance proposals, unlock discounts, achieve greater capital efficiency, increase protocol rewards, and access additional leverage..
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