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    Hifi Finance

    Hifi Finance priceHIFI

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    HIFI
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    1 HIFI = 0.4766 USD
    Last updated 2024-11-01 00:14:41(UTC-0)
    Buy HIFI

    Hifi Finance price live data summary

    The live price of Hifi Finance is $0.4766 per (HIFI / USD) today with a current market cap of $66.39M USD. The 24-hour trading volume is $10.99M USD. HIFI to USD price is updated in real time. Hifi Finance is -5.00% in the last 24 hours. It has a circulating supply of 139,299,570 .

    What is the highest price of HIFI?

    HIFI has an all-time high (ATH) of $2.61, recorded on 2023-09-16.

    What is the lowest price of HIFI?

    HIFI has an all-time low (ATL) of $0.2499, recorded on 2023-06-15.
    Calculate Hifi Finance profit

    Hifi Finance price prediction

    What will the price of HIFI be in 2025?

    Based on HIFI's historical price performance prediction model, the price of HIFI is projected to reach $0.8314 in 2025.

    What will the price of HIFI be in 2030?

    In 2030, the HIFI price is expected to change by -20.00%. By the end of 2030, the HIFI price is projected to reach $0.6476, with a cumulative ROI of +29.35%.

    Hifi Finance ratings

    Average ratings from the community
    4.4
    100 ratings
    This content is for informational purposes only.

    About Hifi Finance (HIFI)

    What is Hifi (HIFI)?

    Hifi is a decentralized finance protocol that enables people to lend and borrow crypto at a fixed interest rate. Hifi comprises decentralized interest rate markets that mature on specific dates. The markets use an Automated Market Maker model, which means users supply tokens to "liquidity pools," and an algorithm sets the interest rate based on supply and demand. Users can supply liquidity, borrow, or lend into any of the active markets. Borrowers pay a fixed interest rate to lenders without needing to negotiate terms like maturity, interest rate, or collateral. By supplying tokens to liquidity pools, users can earn rewards while enabling peer-to-peer lending and borrowing. Hifi was initially called Mainframe when it launched in Nov. 2017, functioning as a decentralized communications layer for Web3. However, in early 2020, the platform pivoted to Decentralized Finance and rebranded to Hifi.

    Who are the Founders of Hifi (HIFI)?

    Hifi has a new leader in Doug Leonard, who took over from founder Mick Hagen in early 2020. Leonard is known for his passion for NFTs and even used early crypto protocols to finance the purchase of his family's mini-van. Under Leonard's guidance, Hifi has undergone a rebrand and pivot towards decentralized finance.

    How does Hifi (HIFI) Work?

    When compared to other protocols, Hifi offers a higher level of predictability. This predictability is provided by Hifi's fixed interest rate markets, which allow borrowers to know exactly how much they will pay to borrow and lenders to know exactly how much they will earn before lending any funds. As a result, users can expect more predictable outcomes in decentralized finance, when compared to similar variable interest rate protocols.

    What is the HIFI Token?

    The management of the Lending Protocol is done through Hifi Governance, which is a community-led process. HIFI, an ERC-20 token, allows owners to delegate voting rights to any address, including their own. The voting rights of the delegate are automatically adjusted as the owner's token balance changes. The administrative functions of the Hifi Protocol enable the community to propose, vote on and implement changes through Hifi Governance. Proposals can modify system parameters, support new markets, add new collateral types or allocate resources to specific causes.

    How is the Hifi network secured?

    Hifi is a smart contract protocol that enables users to deposit collateral and mint hTokens, which are similar to bonds and represent an on-chain obligation that settles on a specific future date. Lenders can buy hTokens at a discount and redeem them for their full face value at the specified maturity date. The protocol enforces a collateralization factor to ensure that all debt is overcollateralized at all times. If the collateral falls below the maintenance threshold, it will be sold to liquidators at a discount, paying down some of the loan and returning the remainder to an acceptable collateralization factor. This smart contract arrangement guarantees that borrowers maintain their collateral levels, provides a safety net for lenders, and creates an opportunity for liquidators to earn.

    Conclusion

    In general, Hifi Finance is a unique and inclusive way of dealing with decentralized finance. By utilizing blockchain technology, its goal is to make financial services more accessible, increase safety, and provide ways to generate passive income. As the cryptocurrency industry progresses, following the Hifi Finance project would be beneficial for anyone interested in exploring the possibilities of decentralized finance.

    Hifi Finance price performance in USD

    24h7 days30 days90 days1 yearAll-time
    -5.00%-11.41%+4.65%+2.23%-22.87%+32.27%

    Hifi Finance price history in USD

    The price of Hifi Finance is -22.87% over the last year. The highest price of HIFI in USD in the last year was $1.65 and the lowest price of HIFI in USD in the last year was $0.3206.
    TimeLowHigh
    24h$0.4727$0.5128
    7d$0.4614$0.5144
    30d$0.4245$0.6145
    90d$0.3206$0.6145
    1y$0.3206$1.65
    All-time$0.2499(2023-06-15, 1 years ago )$2.61(2023-09-16, 1 years ago )

    Hifi Finance market information

    Market cap
    $66,394,319.45
    -5.00%
    Fully diluted market cap
    $67,387,305.05
    -5.00%
    Volume (24h)
    $10,991,617.67
    +59.54%
    Market rankings
    Circulation rate
    +98.00%
    24h volume / market cap
    0.1655
    Circulating supply
    139,299,570 HIFI
    Total supply / Max supply
    141,382,923.75 HIFI
    -- HIFI
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    Hifi Finance Social Data

    In the last 24 hours, the social media sentiment score for Hifi Finance was 3, and the social media sentiment towards Hifi Finance price trend was Bullish. The overall Hifi Finance social media score was 0, which ranks 1073 among all cryptocurrencies.

    According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Hifi Finance being mentioned with a frequency ratio of 0%, ranking 844 among all cryptocurrencies.

    In the last 24 hours, there were a total of 207 unique users discussing Hifi Finance, with a total of Hifi Finance mentions of 15. However, compared to the previous 24-hour period, the number of unique users increase by 5%, and the total number of mentions has decrease by 50%.

    On Twitter, there were a total of 0 tweets mentioning Hifi Finance in the last 24 hours. Among them, 0% are bullish on Hifi Finance, 0% are bearish on Hifi Finance, and 100% are neutral on Hifi Finance.

    On Reddit, there were 0 posts mentioning Hifi Finance in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% .

    All social overview

    Average sentiment (24h)
    3
    Social media score (24h)
    0(#1073)
    Social contributors (24h)
    207
    +5%
    Social media mentions (24h)
    15(#844)
    -50%
    Social media dominance (24h)
    0%
    X
    X posts (24h)
    0
    0%
    X sentiment (24h)
    Bullish
    0%
    Neutral
    100%
    Bearish
    0%
    Reddit
    Reddit score (24h)
    0
    Reddit posts (24h)
    0
    0%
    Reddit comments (24h)
    0
    0%

    How to buy Hifi Finance(HIFI)

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    Buy Hifi Finance (HIFI)

    Buy Hifi Finance (HIFI)

    Use a variety of payment options to buy Hifi Finance on Bitget. We'll show you how.

    Trade HIFI perpetual futures

    After having successfully signed up on Bitget and purchased USDT or HIFI tokens, you can start trading derivatives, including HIFI futures and margin trading to increase your income.

    The current price of HIFI is $0.4766, with a 24h price change of -5.00%. Traders can profit by either going long or short onHIFI futures.

    Join HIFI copy trading by following elite traders.

    After signing up on Bitget and successfully buying USDT or HIFI tokens, you can also start copy trading by following elite traders.

    Hifi Finance news

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    FAQ

    What is the current price of Hifi Finance?

    The live price of Hifi Finance is $0.48 per (HIFI/USD) with a current market cap of $66,394,319.45 USD. Hifi Finance's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Hifi Finance's current price in real-time and its historical data is available on Bitget.

    What is the 24 hour trading volume of Hifi Finance?

    Over the last 24 hours, the trading volume of Hifi Finance is $10.99M.

    What is the all-time high of Hifi Finance?

    The all-time high of Hifi Finance is $2.61. This all-time high is highest price for Hifi Finance since it was launched.

    Can I buy Hifi Finance on Bitget?

    Yes, Hifi Finance is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Hifi Finance guide.

    Can I get a steady income from investing in Hifi Finance?

    Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

    Where can I buy Hifi Finance with the lowest fee?

    We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.

    Where can I buy Hifi Finance (HIFI)?

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