BeyondFi Price Today (Official) | Live BYN Price Chart in USD | CryptoRank.io
Currencies
11659
Market Cap
$ 2.70T
+4.11%
24h Spot Volume
$ 68.29B
+7.09%
BTC Dominance
40.03%
+0.42%
ETH Gas
118 Gwei

BeyondFi [BYN]

 
On 22 watchlists
Rank: 961
Token:
EthereumPolygon
USD 2.35
-14.81
BTC 0.0000411
-18.47
ETH 0.000549
-18.60

Beyond is a decentralized platform for creating and trading synthetic financial products designed to suit the needs of the synthetic creator

BeyondFi Market Cap

$ 20,440,482 
Ƀ 358
FDMC: $ 234,948,067 
ATH: $ 761,115,755 

24h Trade Volume

$ 1,566,677 
Ƀ 27.41
BYN 666,819

Supply

Circulating:
BYN 8,700,000(8.7%)
Total:
BYN 100,000,000
Max:
BYN 100,000,000

All-Time-High (ATH) Price

$ 87.48 (13 Apr 2021)
Ƀ 0.00138 (13 Apr 2021)
ETH 0.0382 (13 Apr 2021)
From ATH: -97.3%
To ATH: +3,623.6%

BeyondFi's current price is $ 2.35, it has dropped -14.8% over the past 24 hours.

BeyondFi's All Time High (ATH) of $ 87.48 was reached on 13 Apr 2021, and is currently -97.3% down.

The maximum supply of BeyondFi that will ever be issued is 100.00 Millions tokens, and the current supply of BYN in circulation is 8.70 Millions tokens.

BeyondFi’s 24 hour trading volume is $ 1.57 Million.

BeyondFi's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 20.44 Millions.

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

BeyondFi Price

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

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

BYN to USD Converter

BYN

BeyondFi Quarterly Returns ($)

YearQ1Q2Q3Q4
2021-99.1%-15.8%+270.9%

BeyondFi Closing Price (USD) - Quarterly

YearQ1Q2Q3Q4
2021$ 0.750$ 0.632

BeyondFi Monthly Returns ($)

YearJanFebMarAprMayJuneJulyAugSeptOctNovDec
2021-98.3%-59.8%+27.9%-30.4%+111.2%-42.8%+15.3%+218.9%

BeyondFi USD (BYN - USD) Price Change

PeriodChangeChange (%)HighLow
24H-$ 0.409-14.8%$ 2.77$ 2.23
7D$ 0.351+17.6%$ 2.98$ 1.87
14D$ 0.901+62.2%$ 2.98$ 1.08
1M$ 1.61+217.9%$ 2.98$ 0.708
3M$ 1.50+176.1%$ 2.98$ 0.612
6M$ 1.72+274.8%$ 2.98$ 0.441

BeyondFi Annual Price

YearUSDHighLow
2021-97.3%$ 87.48$ 0.400

What is BeyondFi

Beyond Token (BYN)

BYN is the core token on the Beyond protocol and serves as a collateral, governance, and fee payment token within the Beyond ecosystem.

There are several attempts in the market that has tried to create synthetic products through similar mechanism, but these have critical flaws which erodes trust within the synthetic products. These includes:

  • • Low liquidity resulting in high slippage and large spreads
  • • Poor price tracking of synthetic products relative to actual underlying products
  • • High trading costs due to Ethereum network congestion
  • • Poor UI/UX when using exchange
  • • Limited number of assets available for synthetic trade
  • • Lack of expertise in underlying financial products

LIQUIDITY Through Beyond Exchange

Beyond takes an innovative approach of combining the usual Bid/Ask order bookmechanisms with automated market makers to protect users from exploitation.

Stake

Staked BYN tokens earn aportion of fees from Beyondprotocol as a reward

Invest / Redeem

Intuitive frontend interface for users to directly interact with the smart contract with ease to invest or redeem synthetics

Trade

Allows users to have exposure to existing traditional assets by buying/selling synthetic assets in the Beyond DEX.

Loan

Another way of having access to synthetic assets is by locking ETH and Borrow ETHb or USDb.