DCHF

DeFi Franc price 
DCHF

$1.14  

0.01% (1d)

DeFi Franc to USD Chart

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DeFi Franc statistics
Market cap
 

0.00%

$8,331,231
#7559
Volume (24h)
 

70.70%

$27
#7301
Volume/Market cap (24h)
 
0.00%
Self-reported circulating supply
 
7,321,485 DCHF
100.00%
Total supply
 
7,321,485 DCHF
Max. supply
 
7,321,485 DCHF
Fully diluted market cap
 
$8,331,231
DCHF to USD Converter
DCHF
USD
Price performance
24h 
Low
$1.14
High
$1.14
All-time high
Feb 03, 2023 (a year ago)
$1.42
-19.75%
All-time low
Dec 22, 2022 (a year ago)
$0.8952
+27.11%
See historical data
Popularity
In watchlists270x
8378th / 9.8K
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DeFi Franc community

 
 
 
 
 
 
 
 
 
 
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DeFi Franc news

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

About DeFi Franc

The Defi Franc (in short DCHF) is an overcollateralized stablecoin pegged to the value of one Swiss Franc.

The decentralized borrowing protocol allows drawing 0% interest loans against ETH, wBTC and interest bearing assets (LP Tokens) used as collateral. The protocol offers capital efficiency borrowing thanks to a minimum collateral ratio of 110%.

The DeFi Franc protocol is a friendly fork and further developed version of the Liquity protocol and their stablecoin LUSD. In comparison, the DCHF is pegged to the value of one Swiss Franc (CHF) instead of the USD, allows for more collateral types and is designed to support native leverage on cryptos and Yield Generating Assets.

At any time the DCHF can be redeemed against the underlying collateral at face value of one CHF.

Because the DCHF from the taken Loans are freshly minted, the DeFi Franc does not suffer from a rat’s tail like assets that went through coin-mixers. Therefore new DCHFs are fungible.