What is ToxicDeer Finance (DEER)?

ToxicDeer Finance is a groundbreaking project that aims to redefine the world of decentralized finance (DeFi) by introducing an innovative algorithmic stablecoin pegged to the United States Dollar Coin (USDC). Inspired by the success of Tomb Finance on the Fantom network and the prominence of ToxicDeer on the Cronos chain, ToxicDeer Finance has set out to create a unique ecosystem that combines the stability of USDC with the flexibility of an algorithmic token. At the heart of ToxicDeer Finance lies the DEER token, which serves as the foundation for the project's algorithmic stablecoin. The protocol is designed to expand and contract the supply of DEER in a manner similar to how central banks manage fiscal debt to stabilize purchasing power.

ToxicDeer Finance (DEER) price statistics

As of February 5, 2025, the current price of the DEER token on DEX markets is $0.03011, with a total DEX liquidity TVL of $8,872.69. The DEER token trades on 1 blockchains and 15 DEX (decentralized exchanges). The total DEX trading history for the last 24 hours includes 4 trades (TXNS) with a trading volume of $10.23.

Frequently Asked Questions

What is the DEX daily trading volume of ToxicDeer Finance (DEER)?

The total 24-hours trading volume on all DEX exchanges for DEER token is $10.23.

What is the DEX TVL (Total Value Locked) of ToxicDeer Finance (DEER)?

The total DEX TVL of ToxicDeer Finance (DEER) is $12,965.76 in the last 24 hours.

What blockchain is the token DEER launched on?

The ToxicDeer Finance DEER token is launched on the Cronos.

What is the exchange rate of 1 USD to DEER?

DEX exchange rate of 1 DEER to USD is $0.03008 as of 7:51 AM UTC.

How much DEER can I purchase with 1 USD?

Based on DEX current exchange rate, you can buy 33.23964186280271 DEER for 1 USD.