Mainframe is being rebranded as Hifi Finance. Read more about this rebranding and token swap here..
MFT

Hifi FinanceMFT

Rank #270
Token
On 16,228 watchlists

Hifi Finance Price (MFT)

$0.02243
5.20%

0.0000003556 BTC0.44%

0.00000982 ETH0.96%

Low:$0.02129
High:$0.02419
24h
MFT  Hifi Finance MFTPrice: $0.02243 5.20%
Market Cap
$224,333,438
5.20%
Fully Diluted Market Cap
$224,333,438
5.20%
Volume
24h
$21,836,333
73.70%
Volume / Market Cap
0.09734
Circulating Supply
10,000,000,000 MFT
100%
Max Supply
10,000,000,000
Total Supply
10,000,000,000

Hifi Finance Chart

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MFT Price Live Data

The live Hifi Finance price today is $0.022433 USD with a 24-hour trading volume of $21,836,333 USD. Hifi Finance is up 5.20% in the last 24 hours. The current CoinMarketCap ranking is #270, with a live market cap of $224,333,438 USD. It has a circulating supply of 10,000,000,000 MFT coins and a max. supply of 10,000,000,000 MFT coins.

The top exchanges for trading in Hifi Finance are currently Binance, Upbit, HitBTC, MXC.COM, and Hoo. You can find others listed on our crypto exchanges page.

What Is Hifi Lending Protocol (MFT)?

Hifi (formerly Mainframe) is a Lending Protocol that allows anyone to borrow against their crypto. Hifi uses a bond-like instrument, representing an on-chain obligation that settles on a specific future date. Buying and selling the tokenized debt enables fixed-rate, fixed term lending and borrowing — something much needed in decentralized finance today. It is anticipated that a ticker symbol change will occur alongside future iterations on the Hifi Lending Protocol.

Mainframe Token (MFT) is the native utility token that is used for:

  • Governance votes
  • Staking to ensure the safety of the protocol
  • Rewarding contributors to the ecosystem

What can you do with the Hifi Lending Protocol:

  • Borrow: Lock collateral in a vault to mint fixed-rate, fixed-term debt tokens. These debt tokens can be swapped for instant liquidity allowing users to leverage long, yield farm, or pursue other strategic trades without selling their collateral tokens.
  • Lend: Buy fixed-rate, fixed-term debt tokens for a discount. When the term expires they can be redeemed for face value, earning lenders a predictable return on their investment.
  • Provide Liquidity: Earn trading fees by providing liquidity between debt tokens and stablecoins on an Automated Market Maker (AMM).

How Many MFT Tokens (MFT) Are There in Circulation?

Hifi (formerly Mainframe) launched its token in Q1 2018, with a supply cap of 10B tokens. All tokens have vested and are widely distributed.

Who Are the Founders of the Hifi Lending Protocol?

Hifi (formerly Mainframe) was founded by Mick Hagen in 2017. Through 2018 and 2019 the team released a decentralized chat application and a decentralized operating system, but both products failed to gain significant traction.

In 2019 the team pivoted into Defi and started working on a decentralized lending and borrowing platform. Mick handed over the role of CEO to Doug Leonard in early 2020. Doug had been working with the company since 2018 with a background in software development and IT security.

Doug rebuilt the team, acquiring the token streaming protocol Sablier, and hiring its founder and developer Paul Razvan Berg as the lead engineer. In February 2021 Mainframe officially rebranded to Hifi.

Where Can I Buy Mainframe Token (MFT)?

MFT is available for trading on a growing number of exchanges, with cryptocurrency and stablecoin pairs currently available.

Binance offers the largest amount of liquidity as of February 2021, while Bittrex also offers a Bitcoin (BTC) pair, and Upbit has a KRW pair. MFT can also be purchased on Uniswap V2 for a decentralized option. New to cryptocurrency?

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MFT

Hifi Finance

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MFT Price Statistics

Hifi Finance Price Today
Hifi Finance Price$0.02243
Price Change24h$0.001109
5.20%
24h Low / 24h High
$0.02129 /
$0.02419
Trading Volume24h$21,836,333.32
73.70%
Volume / Market Cap0.09734
Market Dominance0.01%
Market Rank#270
Hifi Finance Market Cap
Market Cap$224,333,438.49
5.20%
Fully Diluted Market Cap$224,333,438.49
5.20%
Hifi Finance Price Yesterday
Yesterday's Low / High
$0.02107 /
$0.02294
Yesterday's Open / Close
$0.02251 /
$0.02159
Yesterday's Change

4.11%

Yesterday's Volume$11,944,590.38
Hifi Finance Price History
7d Low / 7d High
$0.0186 /
$0.02549
30d Low / 30d High
$0.01609 /
$0.03635
90d Low / 90d High
$0.002605 /
$0.03635
52 Week Low / 52 Week High
$0.00048 /
$0.03635
All Time High
Apr 03, 2021 (11 days ago)
$0.03635
38.29%
All Time Low
Mar 13, 2020 (a year ago)
$0.0003819
5774.45%
Hifi Finance ROI

6.86%

Hifi Finance Supply
Circulating Supply10,000,000,000 MFT
Total Supply10,000,000,000 MFT
Max Supply10,000,000,000 MFT