$ 0.0106 USD
$ 0.0106 USD
$ 10.617 million USD
$ 10.617m USD
$ 7,879.46 USD
$ 7,879.46 USD
$ 28,082 USD
$ 28,082 USD
1 billion BETA
Issue Time
2021-10-08
Platform pertained to
--
Current coin price
$0.0106USD
Market Cap
$10.617mUSD
Volume of Transaction
24h
$7,879.46USD
Circulating supply
1bBETA
Volume of Transaction
7d
$28,082USD
Change
24h
0.00%
Number of Markets
110
Current Rate0
0.00USD
Markets3H
0.00%
1D
0.00%
1W
0.00%
1M
-55.95%
1Y
-67.19%
All
-99.74%
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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