Currencies
16218
Market Cap
$ 958.68B
+5.13%
24h Spot Volume
$ 24.28B
+4.63%
BTC Dominance
40.30%
+0.96%
ETH Gas
12 Gwei

Beefy.Finance

[BIFI]
Beefy.Finance is a cross-chain yield optimizer.

Beefy.Finance Price

$ 4204.61

0.0208-1.35

High / Low

High:$ 436.95

Low:$ 401.83

Contracts

Beefy.Finance Market Cap

$ 32.79M 
Ƀ 1.62K
FDMC: $ 33.63M 
ATH: $ 348.28M 

24h Trade Volume

$ 1.53M 
Ƀ 75.41
BIFI 3.63K

Supply

Circulating:
BIFI 78.00K(97.5%)
Total:
BIFI 80.00K
Max:
BIFI 80.00K

All-Time-High (ATH) Price

$ 4.47K (16 Mar 2021)
Ƀ 0.0797 (16 Mar 2021)
ETH 2.47 (16 Mar 2021)
From ATH: -90.6%
To ATH: +962.3%

Beefy.Finance Live Chart

Beefy.Finance price Index provides the latest BIFI price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

The Beefy.Finance to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

BIFI to USD Converter

BIFI

Beefy.Finance Quarterly Returns (USD)

YearQ1Q2Q3Q4
2022+46.6%-78%+6.84%-
2021+47%-48.7%-5.43%+19.7%

Beefy.Finance Closing Price (USD) - Quarterly

YearQ1Q2Q3Q4
2022$ 1,764$ 388--
2021$ 2,063$ 1,058$ 1,002$ 1,202

Beefy.Finance Monthly Returns (USD)

YearJanFebMarAprMayJuneJulyAugSeptOctNovDec
2022+70.2%+2.8%-16.2%-33.9%-45.6%-38.7%+6.84%-----
2021--+47%-14.2%-46.6%+10.8%-6%+3.11%-2.14%+33.9%+3.36%-11.9%
Average--+15.4%-24.1%-46.1%-14%+0.42%-----
Median--+15.4%-24.1%-46.1%-14%+0.42%-----

BIFI - USD Price Change

PeriodChangeChange (%)HighLow
24H$ 18.52+4.61%$ 437$ 402
7D-$ 13.17-3.04%$ 464$ 375
14D-$ 11.36-2.63%$ 520$ 356
1M-$ 285-40.4%$ 848$ 272
3M-$ 1,047-71.3%$ 1,716$ 272
6M-$ 807-65.8%$ 2,703$ 272
YTD-$ 782-65%$ 2,703$ 272
1Y-$ 618-59.5%$ 2,703$ 272

Beefy.Finance Annual Price (USD)

YearUSDHighLow
2022-65.1%$ 2,703$ 272
2021-14.3%$ 4,465$ 418

Beefy.Finance Live Info Today

Beefy.Finance's current price is $ 420, it has increased +4.61% over the past 24 hours.

Beefy.Finance's All Time High (ATH) of $ 4,465 was reached on 16 Mar 2021, and is currently -90.6% down.

The current circulating supply of Beefy.Finance is 78.00 Thousands tokens, and the maximum supply of Beefy.Finance is 80.00 Thousands.

Beefy.Finance’s 24 hour trading volume is $ 1.53 Million.

Beefy.Finance's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 32.79 Million.

You can find more details about Beefy.Finance on its official website and on the block explorer.

What is Beefy.Finance

Beefy Finance is a blockchain-based decentralized finance platform. More specifically it operates as a Decentralized Multichain Yield Optimizer. Its users can earn compound interest on their crypto assets with Beefy’s high APYs. Beefy investment strategies are implemented via smart contracts which ensure security and aim to maximize user rewards.

The team’s long-term goal is to help grow DeFi overall and to provide access to opportunities previously only larger investors have had by offering interesting products on its platform. For example, hackathons and helping with auditing. This also includes Beefy Finance’s main product: Vaults, on which users can stake their tokens. Each vault has a different investment strategy that aims to provide the highest APY. 

BIFI is the native token of Beefy Finance. It is used for network governance and is distributed as a reward to platform participants. It has a total supply of 80,000

What are Beefy Finance’s key features and how does it work?

As mentioned, Vaults are Beefy Finance’s primary product. Smart contracts work to automatically maximize user rewards from protocols across the DeFi landscape, for example, liquidity pools, AMM projects, yield farming projects, and more. Any asset can be used as liquidity, mooTokens are issued to depositors as proof of the deposit. For example, if a user deposits BIFI, mooBIFI is given in return.

Vaults are either a pair of tokens invested in liquidity pools, single tokens invested in lending platforms, or single stake pools. The complete range of vaults can be found on the website along with information detailing APY, APR, daily interest percentages, and more.

In essence, vaults allow participants to compound their interest by automating investing and reinvesting funds that have been deposited through executing yield farming strategies. Any liquidity deposited from the vaults can be redeemed at any time.

BIFI Maxi vault plays an important role on the platform. Users can stake BIFI and earn rewards in BIFI (across staking pools on the platform, rewards are distributed in other coins).

Vault strategies are hardcoded and cannot be changed once they are released. Smart contracts are programmed to determine which assets should be farmed and where they should be sold. Beefy community members can post and discuss strategies in the platform’s discord channel.

The Beefy ecosystem also consists of the Beefy Launchpool. It works by promoting projects on various chains with the aim of helping to provide projects with liquidity and offer higher APY to stakers.

What can BIFI be used for?

BIFI tokens essentially function as revenue shares in Beefy Finance. Users can stake BIFI in any of the available pools and earn BIFI rewards in return. Any user who stakes or holds BIFI is entitled to take part in the governance process, this does not depend on which chain BIFI is held.

Where can you buy BIFI?

BIFI is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are Binance, Pancake Swap, and Hoo. The price of BIFI will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for BIFI market price, please view the price charts on this page.

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