Coins: 10053 Exchanges: 946 Market Cap: $1,225,562,243,650 1.25% 24h Vol: $48,208,812,807.548 Dominance: BTC 46.65%, ETH 18.33%
88mph price

88mph Price (MPH)


Rank #1271

88mph Price Chart (MPH/USD)

Last updated 22 Jun 2022, 09:10AM UTC. Currency in USD.

# Exchange Pair Price Spread Volume(24h) Trust
1 MEXC Global MPH / USDT $1.15 0.69% $40,635
2 MPH / USDT $0.01283408 0.31% $21,447
3 Bilaxy MPH / ETH $1.56 1.47% $16,768
4 Bancor Network MPH / BNT $2.82 0.60% $3,358
5 MPH / ETH $0.01288893 2.61% $3,214
6 Poloniex MPH / USDT $4.00 49.94% $43
7 AEX MPH / USDT $4.00 73.54% $3

MPH Price Statistics

24H Range
  • 88mph Price Now $3
  • 24h Low / 24h High $3 / $3
  • Trading Volume $8,232
  • Market Cap Rank #1266
  • Market Cap $3,217,513
  • Volume / Market Cap 0.0026
  • All-Time High $237 -98.91%
    Feb 12, 2021
  • All-Time Low $2 21.36%
    Jun 18, 2022

88mph Cryptocurrency: A Revolution in Decentralized Finance


88mph is rapidly emerging as a leading decentralized finance (DeFi) project that has been making waves in the cryptocurrency industry. It aims to offer unique solutions for earning fixed-rate interest on stablecoins by introducing an innovative concept called "yield tokens." In this article, we will explore the groundbreaking features offered by 88mph and how it's transforming the world of finance.

The Concept of 88mph

88mph brings together the concepts of lending, borrowing, and fixed-rate interest in the DeFi ecosystem. It allows users to deposit stablecoins, such as DAI or USDC, into various "pools" to earn fixed interest rates. These interest rates are offered in the form of yield tokens, namely mDAI or mUSDC, which represent ownership of the deposited stablecoins.

How 88mph Works

Users can deposit their stablecoins into different "mLend" pools based on their preferred term duration and interest rate. For instance, a user could deposit 1000 DAI into a pool offering 5% fixed interest for a 30-day term. In return, they would receive mDAI tokens representing 1000 DAI and the agreed-upon interest rate.

These mDAI tokens can be freely traded and exchanged, giving users the flexibility of earning interest upfront or selling them to other investors. At the end of the lending duration, users can redeem their mDAI tokens for the initial DAI amount plus the earned interest. This feature enables users to actively manage their investment, ensuring liquidity when needed.

Benefits of 88mph

88mph addresses several challenges and limitations faced by traditional fixed-rate products in DeFi. Here are some of the key benefits it offers:

- Transparent and Immutable: Built on the Ethereum blockchain, 88mph is transparent, immutable, and resistant to censorship. Every transaction and operation is verifiable by anyone, ensuring the integrity of the system.
- No Counterparty Risk: Thanks to its decentralized nature, 88mph eliminates the need for intermediaries and counterparties. Users directly interact with smart contracts, reducing the risk of fraud or manipulation.
- Flexibility: Users can choose different term durations and interest rates based on their risk appetite and investment goals. This flexibility allows investors to customize their exposure to fixed-rate interest, catering to their financial preferences.
- Dynamic APR: 88mph implements a dynamic annual percentage rate (APR) based on the supply and demand of each lending pool. This approach prevents manipulation and ensures a fair distribution of yields.

Risks and Considerations

As with any investment, it's important to consider potential risks associated with 88mph. Here are a few key points to keep in mind:

- Smart Contract Risk: While 88mph has undergone rigorous audits, smart contracts are not completely infallible. Users should be aware that there is always a slight risk associated with the underlying code of the platform.
- Price Volatility: Stablecoins are generally less volatile than other cryptocurrencies. However, they are not immune to market fluctuations. Users should understand that stablecoin prices could fluctuate, affecting the overall value of their investments.
- Regulatory Concerns: Regulatory environments around DeFi are still evolving. Users should stay updated with the legal implications of participating in decentralized finance projects such as 88mph, especially considering their jurisdiction.


88mph brings together the best of decentralized finance, fixed-rate interest, and stablecoins into one groundbreaking platform. With its innovative yield token concept and user-friendly interface, 88mph is revolutionizing the way individuals and institutions can earn fixed-rate interest while maintaining control over their investments. However, as with any investment, users should conduct thorough research and consider the associated risks before committing funds to the platform.