What is Defi.money (MONEY)?
$MONEY is a USD-denominated decentralized stablecoin, that can be minted by depositing collateral and opening a loan within the defi.money protocol. It distinguishes itself from other CDP-based stablecoins by utilizing an AMM-based liquidation mechanism that can buy or sell your collateral within a liquidation price range instead of a set price threshold. This protects users against full liquidations that otherwise could occur due to price volatility.
How does Defi.money work?
$MONEY has been optimized for everyday users by being deployed on Layer 2 chains, to make even smaller loans cost-friendly due to much reduced gas costs. The protocol is also natively cross-chain, meaning it can be minted on multiple chains, as well as seamlessly be bridged between them.
Where can you buy Defi.money?
Defi.money (MONEY) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for MONEY sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting MONEY, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of Defi.money (MONEY)?
The reported 24-hour trading volume of Defi.money is $0.18. Volume is a live reading of how much MONEY changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.
