$ 0.0073 USD
$ 0.0073 USD
$ 6.607 million USD
$ 6.607m USD
$ 5,677.45 USD
$ 5,677.45 USD
$ 34,011 USD
$ 34,011 USD
1 billion BETA
Issue Time
2021-10-08
Platform pertained to
--
Current coin price
$0.0073USD
Market Cap
$6.607mUSD
Volume of Transaction
24h
$5,677.45USD
Circulating supply
1bBETA
Volume of Transaction
7d
$34,011USD
Change
24h
0.00%
Number of Markets
111
Current Rate0
0.00USD
Markets3H
0.00%
1D
0.00%
1W
0.00%
1M
-0.52%
1Y
+1257.71%
All
-99.81%
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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