$ 0.0449 USD
$ 0.0449 USD
$ 37.755 million USD
$ 37.755m USD
$ 6.216 million USD
$ 6.216m USD
$ 53.623 million USD
$ 53.623m USD
859.09 million BETA
Issue Time
2021-10-08
Platform pertained to
--
Current price
$0.0449USD
Market Cap
$37.755mUSD
Volume of Transaction
24h
$6.216mUSD
Circulating supply
859.09mBETA
Volume of Transaction
7d
$53.623mUSD
Change
24h
0.00%
Number of Markets
103
Current Rate0
0.00USD
3H
0.00%
1D
0.00%
1W
0.00%
1M
+2.5%
1Y
-34.02%
All
-98.8%
Beta Finance is a decentralized finance (DeFi) platform designed to provide users with tools for hedging and short-selling cryptocurrencies, enabling them to manage risk and capitalize on market volatility. The platform allows users to borrow, lend, and short crypto assets in a permissionless and automated environment, supported by an integrated liquidity pool.
The native token of Beta Finance, BETA, plays a crucial role in the ecosystem. It is used for governance, allowing token holders to vote on key decisions such as protocol upgrades and new feature implementations. BETA is also used for incentivizing liquidity providers and for paying reduced platform fees.
By offering a straightforward interface and accessible short-selling options, Beta Finance aims to empower both novice and experienced traders to hedge against downturns or bet against overvalued assets, thereby contributing to more efficient and stable crypto markets. This approach not only enhances trading strategies but also broadens participation in the DeFi space.
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