Details about Unit Protocol cryptocurrency
€375,536 ( 5.09466%)
€13,882
1,018,892,666
408,924,715
31.162
Unknown
https://unit.xyz/
@unitprotocol
3139110x
€2887.23
Unit Protocol price charts
DUCK exchanges
Unit Protocol, the crypto
Unit Protocol (DUCK) is a decentralized finance (DeFi) platform and protocol with a focus on creating a stablecoin ecosystem. It operates on the Ethereum blockchain and allows users to mint, trade, and lend stablecoins with various cryptocurrencies as collateral.
The point
The main goal of Unit Protocol (DUCK) is to provide a stablecoin ecosystem that is accessible and open to everyone, regardless of their level of expertise or financial background. The platform allows users to mint their own stablecoin that is pegged to the value of any underlying asset, and then use it for trading, lending, and other activities in the DeFi space.
The problem
Unit Protocol (DUCK) aims to solve the problem of price volatility in the cryptocurrency space by creating stablecoins that are pegged to the value of real-world assets. This allows users to avoid the risk of sudden price fluctuations and makes it easier to transact with digital assets in a more stable environment. Additionally, the platform makes it easier for users to access the benefits of decentralized finance by providing a simple and user-friendly interface that can be used by anyone.
Compare DUCK and BTC performance
| Timeframe | DUCK | BTC |
|---|---|---|
| 1h change | 0.290077 % | -0.234911 % |
| 24h change | 2.38 % | 1.25967 % |
| 7 day change | 1.27 % | -1.44157 % |
| 14 day change | -6.14 % | -9.47799 % |
| 30 day change | -33.14 % | -7.33786 % |
| 200 day change | -17.63 % | 129.168 % |
| Year change | -85.49 % | 129.33 % |