dForce Buy Token

www.dforce.network

Total Value Locked

$37.4M

USD Locked

$37.4M

USDC Supply Locked

22,475,783.70

Blockchain

Ethereum

Change

8.58%

What is dforce?

dForce is a DeFi platform that focuses on offering the community a complete ecosystem where users can easily interface with each other, covering a full set of functionalities, supported by a variety of protocols, designed to fulfil any need, ranging from liquidity and stability to the offering of financial instruments such as Lending or Derivatives

The degree of interoperability and programmability of these protocols manage to give the platform itself a certain competitive advantage in the market, thus succeeding in transferring a higher level of value perceived by the user, fuelling the values linked to a DeFi platform, namely full decentralization and openness of an increasingly accessible type of finance.

Essentially its complete infrastructure is composed of three different types of protocols that contribute together to correct and efficient functioning of the platform. 

The first type is called Monetary Protocol and currently consists of USDx, a synthetic stablecoin such as sUSD from the Synthetix platform, but which unlike the latter has a very interesting feature. In fact, its value is indexed to that of three other stablecoins so that it is made up as follows: 

1 USDx = 35% USDC + 35% PAX + 30% TUSD.  

This balance can be changed over time through governance decisions, which are exclusively on-chain. 

dForce will later include other types of stablecoins that will have different underlying assets for a wider investment choice.

How to use dforce?

The second type is called Liquidity Protocol, which in turn is composed of three different functionalities. The first is X-Swap and allows users to freely exchange value through stablecoins supported by the platform. 

The other two are not yet enabled for use but they will soon; S-Swap is an on-chain liquidity protocol that will support instant swaps between any ERC20 token through the use of special smart contracts, while Infinity-X will pave the way for a decentralized derivatives trading platform. 

Finally, Yielding Protocol consists of the Lendf.Me portal and DIP001. The first allows providing liquidity and borrowing via supported tokens such as USDx, USDT, DAI, WETH, etc.. The interest rates on deposits and loans are algorithmically adjusted according to the level of supply and demand on that particular asset.

DIP001, on the other hand, is a protocol that generates interest from reserves to increase returns and can be integrated with any DeFi protocol.

dForce Historical Stats

  • Date
  • TVL (USD)
  • TVL Change
  • Total USDC Locked
  • USDC Locked 1d
  • 18 Sep 2020
  • TVL USD $34,449,936
  • TVL Change $-45,457.00
  • Total ETH Locked 22,535,714 USDC
  • ETH Locked 1d 20,915.52 USDC
  • 17 Sep 2020
  • TVL USD $34,495,393
  • TVL Change $1,757,502.00
  • Total ETH Locked 22,514,798 USDC
  • ETH Locked 1d 45,066.12 USDC
  • 16 Sep 2020
  • TVL USD $32,737,891
  • TVL Change $-258,996.00
  • Total ETH Locked 22,469,732 USDC
  • ETH Locked 1d -9,501.34 USDC
  • 15 Sep 2020
  • TVL USD $32,996,887
  • TVL Change $-232,021.00
  • Total ETH Locked 22,479,233 USDC
  • ETH Locked 1d -645.00 USDC
  • 14 Sep 2020
  • TVL USD $33,228,908
  • TVL Change $1,669,514.00
  • Total ETH Locked 22,479,878 USDC
  • ETH Locked 1d -18,791.39 USDC
  • 13 Sep 2020
  • TVL USD $31,559,394
  • TVL Change $-502,120.00
  • Total ETH Locked 22,498,670 USDC
  • ETH Locked 1d 5,501.37 USDC
  • 12 Sep 2020
  • TVL USD $32,061,514
  • TVL Change $-126,614.00
  • Total ETH Locked 22,493,168 USDC
  • ETH Locked 1d -34,291.10 USDC
  • 11 Sep 2020
  • TVL USD $32,188,128
  • TVL Change $-3,274,811.00
  • Total ETH Locked 22,527,459 USDC
  • ETH Locked 1d -41,583.63 USDC
  • 10 Sep 2020
  • TVL USD $35,462,939
  • TVL Change $533,877.00
  • Total ETH Locked 22,569,043 USDC
  • ETH Locked 1d -122,893.64 USDC
  • 09 Sep 2020
  • TVL USD $34,929,062
  • TVL Change $2,021,338.00
  • Total ETH Locked 22,691,937 USDC
  • ETH Locked 1d -498,128.74 USDC
  • 08 Sep 2020
  • TVL USD $32,907,724
  • TVL Change $-808,195.00
  • Total ETH Locked 23,190,065 USDC
  • ETH Locked 1d -56,106.97 USDC
  • 07 Sep 2020
  • TVL USD $33,715,919
  • TVL Change $-1,250,975.00
  • Total ETH Locked 23,246,172 USDC
  • ETH Locked 1d -54,823.24 USDC
  • 06 Sep 2020
  • TVL USD $34,966,894
  • TVL Change $-449,931.00
  • Total ETH Locked 23,300,996 USDC
  • ETH Locked 1d -3,399,016.29 USDC
  • 05 Sep 2020
  • TVL USD $35,416,825
  • TVL Change $-4,539,442.00
  • Total ETH Locked 26,700,012 USDC
  • ETH Locked 1d -1,202,264.59 USDC
  • 04 Sep 2020
  • TVL USD $39,956,267
  • TVL Change $-3,043,324.00
  • Total ETH Locked 27,902,277 USDC
  • ETH Locked 1d -4,050,494.69 USDC
  • 03 Sep 2020
  • TVL USD $42,999,591
  • TVL Change $-1,034,873.00
  • Total ETH Locked 31,952,771 USDC
  • ETH Locked 1d -310,233.11 USDC
  • 02 Sep 2020
  • TVL USD $44,034,464
  • TVL Change $-10,785,876.00
  • Total ETH Locked 32,263,004 USDC
  • ETH Locked 1d 634,268.69 USDC
  • 01 Sep 2020
  • TVL USD $54,820,340
  • TVL Change $-1,008,280.00
  • Total ETH Locked 31,628,736 USDC
  • ETH Locked 1d 32,476.67 USDC
  • 31 Aug 2020
  • TVL USD $55,828,620
  • TVL Change $-244,215.00
  • Total ETH Locked 31,596,259 USDC
  • ETH Locked 1d -447,249.16 USDC
  • 30 Aug 2020
  • TVL USD $56,072,835
  • TVL Change $1,783,299.00
  • Total ETH Locked 32,043,508 USDC
  • ETH Locked 1d 1,353,338.39 USDC