Links

Token: 0x89c1af791d7b4cf046dca8fa10a41dd2298a6a3f

Pair: 0x5ffc5b392fcc33357c6a8240bda1c9374a55e6b8

Price

$0.0₅6043

Change 24h

+
0.00%

High 24h

$0.0₅6043

Low 24h

$0.0₅6043

Market cap

$604.28

Volume 24h

$0.06

Liquidity

$20.36

Tax

0%

Holders

9.1K

Added to BNB

4 years ago

Updated: 2026-4-11 23:07 UTC

Created: 2022-3-31 23:39 UTC

Pressure

Buy:
$0.06
Sell:
$0.00

Introducing Derify Protocol Token (DRF): A New Arrival on the BNB Chain

Welcome to the detailed profile of Derify Protocol Token (DRF), the latest addition to the BNB Chain. As an exciting new cryptocurrency token, Derify Protocol Token (DRF) was launched with the intent to join the thriving BNB Chain ecosystem.

This token operates on the BNB Chain, an infrastructure that supports the creation and execution of decentralized applications (dApps) and allows users to transact in digital currencies seamlessly and securely.

At NewCoinHub, we provide up-to-date and comprehensive data about Derify Protocol Token (DRF) including its current price, trading volume, liquidity status, and the number of holders. We also supply the official smart contract address, crucial for those interested in further exploration or investment.

Please note that the world of cryptocurrency can be volatile and unpredictable. We encourage all visitors to perform their own due diligence and research when considering investments. For the most accurate and recent data, continue to refer to this page, as we strive to update our information in real-time.

Read on to learn more about Derify Protocol Token (DRF) and find answers to some frequently asked questions.

Token description

What Is Derify Protocol (DRF)? Derify protocol is an innovative decentralized derivative trading protocol. Traders can trade with 10x leverage on exchanges based on this protocol. Derify protocol enables anyone to create any derivatives freely. It supports all types of derivatives. Based on the very nature of derivatives and margin trading, Derify protocol introduced two innovative mechanism: hAMM (Hedged Automated Market Making) and position mining. DRF is the native utility token that is used for: - Voting and Governance participation - Staking for eDRF, which makes you eligible to be a broker. -Earn trading fees by way of token buyback etc How Many DRF tokens Are There in Circulation? At the launch of IDO there will be 900,000 DRF in circulation out of a total supply of 100,000,000 DRF Who Are the Founders of Derify Protocol? Derify team consists of experienced quantitative-traders, blockchain engineers and professional service providers. Our team has been providing quantitative trading and market making service for almost 5 years. We are top market maker for exchanges including Binance, Huobi, Okex, Mxc, providing liquidity for different cryptos and managing thousands of bitcoins. The team has profound knowledge of crypto derivatives and trading. Our technical team has developed multiple blockchain projects in the past, with deep knowledge in public chains, smart contracts and layer 2 solutions. Derify also has a decentralized operation team that working from Europe, Singapore and China. Where Can I Buy Derify Protocol (DRF)? DRF is available for trading on a growing number of exchanges, such as Pancakeswap, Apeswap, DODOex.

Token overview

What is Derify Protocol Token (DRF)?

Derify Protocol Token (DRF) is a newly launched cryptocurrency token on the BNB Chain. We encourage all potential investors to do their due diligence and thoroughly research new tokens before making any investment decisions.

What is the price of Derify Protocol Token today?

As of our latest update, the current price of one Derify Protocol Token (DRF) is approximately $0.0₅6043. Please note that cryptocurrency prices are extremely volatile and can change rapidly.

How do I buy Derify Protocol Token?

You can purchase Derify Protocol Token (DRF) by using the 'trade' button on NewCoinHub. Alternatively, PancakeSwap is another platform that allows trading of Derify Protocol Token.

What is Derify Protocol Token smart contract address?

The smart contract address for Derify Protocol Token (DRF) is 0x89c1af791d7b4cf046dca8fa10a41dd2298a6a3f. Always verify smart contract addresses before making transactions to avoid scams.

What is the Derify Protocol Token Market Cap Today?

The market cap of Derify Protocol Token (DRF) as of today is $604.28. Market cap, which is the total value of all tokens in circulation, is calculated by multiplying the current price by the total supply of the token.

What is the last 24h Derify Protocol Token trading volume?

The trading volume of Derify Protocol Token (DRF) in the last 24 hours was $0.0600. Trading volume represents the total number of tokens traded on all exchanges in the past 24 hours.

How much liquidity does Derify Protocol Token have?

As of now, the liquidity of Derify Protocol Token (DRF) is $20.36. Liquidity refers to the ease with which a cryptocurrency can be bought or sold without affecting its price.

How many people are holding Derify Protocol Token?

Currently, there are 9131 holders of Derify Protocol Token (DRF). This number refers to the total count of unique addresses holding at least some amount of Derify Protocol Token.

Frequently asked questions

What is a Newly Launched Crypto Token?

A newly launched crypto token is a type of cryptocurrency that has recently been released to the market. These tokens are often introduced through a process known as an Initial Coin Offering (ICO), Initial Dex Offering (IDO), or similar launch mechanism.

What is the BNB Chain?

The BNB Chain, formerly known as the Binance Smart Chain (BSC), is a blockchain network built for running smart contract-based applications. It's designed to be fast and efficient, with a focus on enabling the creation and exchange of new tokens.

What is PancakeSwap?

PancakeSwap is a decentralized exchange (DEX) running on the BNB Chain. Users can trade directly from their wallets in an automated manner, offering liquidity in exchange for fees.

What is a smart contract address?

A smart contract address is a unique identifier within a blockchain where a smart contract resides. Transactions, including token buying or selling, interact with these addresses.

What does token liquidity mean?

Token liquidity refers to how easily a token can be bought or sold without causing significant price changes. High liquidity usually means that the token can handle large trading volumes without substantial price swings.

What does token trading volume mean?

Token trading volume is the total quantity of a token that has been traded (bought and sold) during a specific period, typically 24 hours. It provides insight into the token's activity and popularity.

What is a token holder?

A token holder is a person or entity that owns some quantity of a specific cryptocurrency token. The number of holders can be indicative of a token's distribution and its community size.

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The information provided on this site does not constitute investment advice, financial advice, trading advice, or any other sort of advice, and you should not treat any of the site's content as such. Always do your own research and consult with a qualified financial advisor before making any investment decisions.

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