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DeFinity Price Chart Update [DEFX]
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About DeFinity
DeFinity (DEFX): An Introduction
DeFinity, also known as DEFX, is a decentralized DeFi exchange that specializes in trading traditional and digital FX through smart contracts. The platform is committed to providing real-time settlement and clearing for spot FX trading.
The DEFX token serves as the native utility token for a range of purposes, including governance, staking and trading, and rewards. Token holders can participate in the decision-making process, stake their tokens against trading pairs, and receive various rewards and benefits.
The platform also offers several tools, such as the Clarity app for retail investors and the Clarity Pro platform for professional traders. These tools provide access to FX and digital asset trading, as well as advanced features like PnL monitoring and liquidity optimization.
DEFX Coin Circulation
The DEFX token was launched on May 26, 2021, with an initial supply of 8,764,545 tokens. The distribution of tokens is as follows: 50% for rewards, 27% offered at the token sale, 10% for development and marketing, 10% for the team, and 3% for advisors. The distribution of tokens to different stakeholders follows a vesting schedule.
The Founders of DeFinity
DeFinity is the result of a collaboration between two experienced partners: DMALINK and WeOwn. DMALINK brings its expertise in the FX industry, with relationships with top investment banks and hedge funds. WeOwn, on the other hand, is a technology provider that specializes in blockchain solutions for the financial market.
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Manu Choudhary, CEO
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Sascha Ragtschaa, CTO
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Michael Siwek, Chief Revenue Officer
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Ashwind Soonarane, Strategic Role
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Chris Park, Chief Commercial Officer
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Florian Batliner-Staber, Chief Product Officer
Buying DeFinity (DEFX)
DEFX is available for trading on various exchanges, with cryptocurrency and stablecoin pairs. Currently, you can trade DEFX on the Uniswap liquidity pool.
- Liquidity pool available on Uniswap