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DeFi Pulse Index Price (DPI)
$116.16
3.08%
DeFi Pulse Index Price Chart (DPI/USD)
Last updated 15 Aug 2022, 05:02AM UTC. Currency in USD.
Markets
| # | Exchange | Pair | Price | Spread | Volume(24h) | Trust |
|---|---|---|---|---|---|---|
| 1 |
 BKEX |
DPI / USDT | $69.51 | 1.01% | $20,226 | |
| 2 |
 KuCoin |
DPI / USDT | $79.40 | 0.24% | $11,463 | |
| 3 |
 Gemini |
DPI / USD | $80.30 | 7.47% | $18 | |
| 4 |
 Bilaxy |
DPI / ETH | $67.71 | 10.03% | $21,105 | |
| 5 |
 Mercado Bitcoin |
DPI / BRL | $65.46 | 5.99% | $436 | |
| 6 |
 ZigZag |
DPI / USDC | $65.48 | 0.06% | $232 | |
| 7 |
ZigZag |
DPI / ETH | $75.49 | 0.20% | $148 |
DPI Price Statistics
- DeFi Pulse Index Price Now $116
- 24h Low / 24h High $113 / $122
- Trading Volume $770,534
- Market Cap Rank #502
- Market Cap $42,773,836
- Volume / Market Cap 0.0180
-
All-Time High
$656 -82.32%
May 12, 2021 -
All-Time Low
$53 117.91%
Jun 18, 2022
DeFi Pulse Index - A Revolutionary Cryptocurrency
Introduction
The DeFi Pulse Index, commonly known as DPI, is a groundbreaking cryptocurrency that has taken the decentralized finance (DeFi) arena by storm. As an index token, it allows investors to gain exposure to a diverse range of DeFi projects and assets without the need for extensive research or management.
Understanding the DeFi Pulse Index
The DeFi Pulse Index is an ERC-20 token built on the Ethereum blockchain. It was created by the Index Coop, a collaborative initiative aiming to provide simple, safe, and innovative ways for investors to access the emerging world of DeFi.
The DPI token is designed to represent the performance of a carefully chosen basket of DeFi tokens. It tracks the top DeFi projects, allowing investors to gain exposure to a wide selection of DeFi assets in a single token. This eliminates the need to individually purchase and manage each DeFi asset, simplifying the investment process.
The Advantages of the DeFi Pulse Index
1. Diversification: By investing in the DeFi Pulse Index, investors gain exposure to multiple DeFi projects and assets. This diversification helps mitigate risks associated with investing in a single DeFi project.
2. Simplicity: The DPI token offers investors a convenient and straightforward way to enter the world of DeFi. Instead of purchasing and holding various DeFi assets individually, investors can allocate funds into a single token, reducing complexity.
3. Risk Management: The DeFi Pulse Index undergoes regular rebalancing to ensure it captures the most prominent and innovative projects in the DeFi space. This helps manage risks and ensures that the token remains relevant and up-to-date in a dynamically changing market.
4. Accessibility: The DeFi Pulse Index is available to anyone with an Ethereum-compatible wallet. This means investors from all backgrounds can access the DeFi space without any restrictions or barriers.
Risks to Consider
While the DeFi Pulse Index offers numerous advantages, it's important to remember that investing in any cryptocurrency comes with inherent risks:
1. Volatility: The price of the DPI token can be highly volatile, meaning it can experience rapid price fluctuations. This volatility can lead to potential gains but also substantial losses.
2. Regulatory Risks: As with any digital asset, regulatory changes and challenges can impact the DeFi Pulse Index's performance and legality.
Conclusion
The DeFi Pulse Index provides an unprecedented opportunity for investors seeking exposure to the exciting world of decentralized finance. With its simplicity, diversification, and accessibility, it opens up new investment horizons. However, it's crucial to understand the risks and fluctuations associated with cryptocurrencies before making any investment decisions. As the DeFi space continues to evolve, the DeFi Pulse Index remains at the forefront, offering investors a unique and innovative avenue to participate in this revolutionary industry.