dForce Price

dForce (DF) is a DeFi cryptocurrency launched in August 2019 that operates primarily on the Ethereum platform. Currently ranked 804 with a price of $0.02962, it has seen a +2.61% change in the last 24 hours. dForce powers a comprehensive DeFi protocol that offers various financial services including lending, borrowing, and asset management across multiple blockchain ecosystems. The token has a current market cap of $29.61M with a 24-hour trading volume of $168.88K. dForce has a circulating supply of 999.92M DF, which is equal to its total supply of 999.92M DF, with no additional tokens to be created. dForce supports cross-chain functionality and is available on multiple networks including Ethereum, BNB Chain, Polygon, Arbitrum, and Optimism, making it a versatile DeFi token in the Web3 ecosystem. The project aims to build an integrated, open financial platform for decentralized finance applications.

dForce (DF) was created on August 8, 2019. It was officially launched as a decentralized finance (DeFi) protocol on the Ethereum blockchain. The token was later listed on cryptocurrency exchanges on June 22, 2020. Currently ranked #804 with a price of $0.02962, dForce has established itself as a multi-chain DeFi protocol operating across Ethereum, Polygon, Arbitrum, BNB Chain, and Optimism ecosystems. The project aims to build an integrated DeFi protocol matrix covering assets, lending, and trading services.

dForce was founded by Mindao Yang, who serves as the CEO of the project. He established the dForce Foundation in 2019, launching the protocol as an integrated DeFi platform. Yang has a background in finance and blockchain technology, having previously worked in the financial sector before founding dForce. The project was designed to create an inclusive financial infrastructure for the Web3 ecosystem, offering various DeFi services across multiple blockchains including Ethereum, BNB Chain, Polygon, Arbitrum, and Optimism. Since its launch on August 8, 2019, the dForce team has been focused on developing decentralized financial protocols that enable lending, borrowing, and asset management services.

dForce (DF) operates as a DeFi protocol on multiple blockchains including Ethereum, Polygon, Arbitrum, BNB Chain, and Optimism. The token functions as the governance and utility token of the dForce ecosystem. The dForce protocol works through several key components: 1. Lending and borrowing: Users can supply assets to earn interest or borrow against their collateral 2. Stablecoin issuance: The protocol mints algorithmic stablecoins backed by crypto assets 3. Yield aggregation: Automatically optimizes yields across DeFi protocols 4. Governance: DF holders can vote on protocol parameters and upgrades DF tokens have a maximum supply of 999.92M DF, with 999.92M DF currently in circulation. The token's value is derived from its utility within the ecosystem, including fee discounts, governance rights, and staking rewards. The protocol uses smart contracts to automate financial services, eliminating traditional intermediaries while maintaining security through code-based rules and community governance.

dForce operates on a multi-chain architecture deployed across Ethereum, BNB Chain, Polygon, Arbitrum, and Optimism ecosystems. Built as an ERC-20 token (address: 0x431ad2ff6a9c365805ebad47ee021148d6f7dbe0) on Ethereum, DF serves as the governance token for the dForce DeFi protocol. The technical infrastructure includes smart contracts for lending, staking, and yield aggregation functions, with cross-chain interoperability enabled through bridges. The protocol implements a DAO governance model where DF holders can vote on protocol parameters and upgrades. With a fixed maximum supply of 999.92M DF, the token utilizes a deflationary mechanism through buybacks and burns from protocol fees. The architecture prioritizes security with multiple audits and implements risk management systems to maintain protocol stability across its supported chains.

dForce has outlined an ambitious roadmap focusing on expanding its DeFi ecosystem across multiple blockchains. By 2025, the team aims to enhance their lending protocol, optimize yield strategies, and integrate more real-world assets (RWAs) into their platform. For 2026, dForce plans to launch improved governance mechanisms giving DF token holders more decision-making power and introduce cross-chain interoperability upgrades. The 2027 roadmap includes developing advanced risk management tools and expanding into emerging DeFi sectors. Long-term goals through 2030 involve building a comprehensive financial services ecosystem with institutional-grade solutions. With current market cap at $29.61M and growing partnerships across Ethereum, Polygon, Arbitrum, BNB Chain, and Optimism ecosystems, dForce is positioning itself as a multi-chain DeFi infrastructure. The team regularly updates their progress through their forum and community channels, with quarterly development milestones tracked transparently.