Bitget App
Trade smarter
Buy cryptoMarketsTradeCopyBotsEarnWeb3
Beta Finance

Beta Finance priceBETA

focusIcon
subscribe
Quote currency:
USD

Beta Finance price calculator

More cryptocurrencies calculator >
BETA
VectorImg
USD
1 BETA = 0.06548 USD
Last updated 2024-05-19 17:24:49(UTC-0)

Beta Finance price live data summary

The live price of Beta Finance is $0.06548 per (BETA / USD) today with a current market cap of $52.29M USD. The 24-hour trading volume is $4.76M USD. BETA to USD price is updated in real time. Beta Finance is -5.74% in the last 24 hours. It has a circulating supply of 798,484,860 .

What is the highest price of BETA?

BETA has an all-time high (ATH) of $4.63, recorded on 2021-10-08.

What is the lowest price of BETA?

BETA has an all-time low (ATL) of $0.05608, recorded on 2023-10-09.

Beta Finance price prediction

Set your prediction

What will the price of BETA be in 2025?

Based on BETA's historical price performance prediction model, the price of BETA is projected to reach $0.09734 in 2025.

What will the price of BETA be in 2030?

In 2030, the BETA price is expected to rise by -1.00%. By the end of 2030, the BETA price is projected to reach $0.1292, with a cumulative ROI of +97.31%.
icon_ad

Trade smarter on Bitget

A welcome pack worth 1000 USDT for new Bitgeters!

Beta Finance price performance in USD

24h7d30d90d1yAll-time
-5.74%+1.71%-9.16%-15.61%-32.68%--

Beta Finance price history in USD

TimeLowHigh
24h$0.06509$0.07155
7d$0.06016$0.07189
30d$0.06016$0.08312
90d$0.06007$0.1353
1y$0.05608$0.1353
All-time$0.05608(2023-10-09, 224 days ago )$4.63(2021-10-08, 2 years ago )

Beta Finance market information

Market cap
$52,286,526.39
-5.74%
Fully diluted market cap
$65,482,177.3
-5.74%
Volume (24h)
$4,755,119.48
+25.08%
Market rankings
Circulation rate
+79.00%
24h volume / market cap
0.0909
Circulating supply
798,484,860 BETA
Total supply / Max supply
1,000,000,000 BETA
1,000,000,000 BETA

Beta Finance ratings

Average ratings from the community
4.6
100 ratings
This content is for informational purposes only.

About Beta Finance(BETA)

What Is Beta Finance?

Beta Finance is a decentralized protocol for lending and borrowing cryptocurrency. The platform stands out through its unique approach to asset management and risk. Unlike traditional DeFi platforms that often rely on cross-collateralization, Beta Finance adopts an isolated collateral system. This means that each asset or position a user holds is treated independently. For instance, if a user has multiple positions and one becomes at risk of liquidation due to market fluctuations, only the collateral tied to that specific position is affected. This system significantly reduces the overall risk for users who diversify their investments across various assets. The project was launched in 2021 and had a successful token sale on Binance Launchpad.

Resources

Official Documents: https://betafinance.gitbook.io/betafinance/

Official Website: https://www.betafinance.org/

How Does Beta Finance Work?

Beta Finance operates through a series of interconnected financial services, primarily focusing on lending, borrowing, and short selling. Lenders on the platform can deposit their assets into any money market available on Beta Finance, earning yield from the interest paid by borrowers and short sellers. This single pool system for each token ensures that lenders always receive the maximum possible yield for their deposits.

Borrowing on Beta Finance is designed with user protection in mind. The platform requires that the initial borrowing position is maintained below a certain loan-to-value (LTV) threshold to prevent immediate liquidations. Borrowers have a clear understanding of their debt share value, which includes the principal borrowed plus accrued interest, and the collateral size, which is the amount of collateral posted for the position.

Short selling is another critical feature of Beta Finance. The platform simplifies the process by automatically borrowing the underlying token from its money market, swapping it through supported decentralized exchanges (DEXs) like Sushiswap and Uniswap, and then staking the swapped collateral token with the principal collateral in the short position. This process is integral to providing a counterbalance to price volatility in the DeFi space.

Additionally, Beta Finance offers unique features for managing and repaying loans. Users can repay their debts using either the collateral or the borrowed/shorted token. The platform facilitates this by allowing the automatic deduction of the full debt from the collateral, executing a swap on a DEX to obtain the borrowed/shorted asset for repayment. This flexibility is a significant departure from traditional DeFi platforms, which often require repayment in the underlying asset.

What Is BETA Token?

BETA is the native token of the Beta Finance platform. It plays a crucial role in the governance of the platform, allowing token holders to participate in and vote on various aspects of the platform's operation and development. Through this governance mechanism, BETA token holders can influence and modify product features and key parameters of Beta Finance. This level of involvement ensures that the platform evolves in a direction that aligns with the interests and needs of its community. BETA has 1,000,000,000 tokens in total and 737,878,788 of them are in circulation.

What Determines Beta Finance’s Price?

The price of Beta Finance (BETA) is influenced by a multitude of factors, typical of digital assets within the cryptocurrency market. Like other cryptocurrencies, its value is subject to market supply and demand dynamics. A key aspect influencing BETA's price is its total and circulating supply. With a total supply of 1,000,000,000 tokens and 737,878,788 in circulation, the scarcity or abundance of BETA tokens can significantly impact their price. Furthermore, as Beta Finance allows token holders to participate in governance decisions, the perceived effectiveness and appeal of these decisions can also affect investor sentiment and, consequently, the token's value. The platform's unique features, such as its isolated collateral system for lending and borrowing, and its facilities for short selling, contribute to its utility and attractiveness to users, thereby potentially affecting its market value.

Additionally, the broader cryptocurrency market trends play a crucial role in shaping Beta Finance's price. Given the interconnected nature of the crypto ecosystem, shifts in the valuation of major cryptocurrencies like Bitcoin and Ethereum can ripple through to altcoins like BETA. Market sentiment, driven by news, regulatory developments, and technological advancements in the blockchain and DeFi sectors, also significantly impacts its price. The success and adoption rate of Beta Finance's platform itself, considering its innovative approach to decentralized finance, will further influence its token's valuation. As the platform evolves and potentially adds new features or partnerships, these developments can either bolster confidence in its future prospects or lead to skepticism, thus influencing the demand and pricing of BETA tokens in the ever-volatile cryptocurrency market.

For those interested in investing or trading Beta Finance, one might wonder: Where to buy BETA? You can purchase BETA on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.

How to buy Beta Finance (BETA)

Buying Beta Finance on Bitget is fast and simple.
You just have to create an account, complete identity verification, deposit funds, and your trading journey is all set!
For more information, refer to How to buy Beta Finance (BETA) .

Trade BETA perpetual futures

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

The current price of BETA is $0.06548, with a 24h price change of -5.74%. Traders can profit by either going long or short onBETA futures.

Join BETA copy trading by following elite traders.

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

Beta Finance news

See more
profileImg

BlackRock Revises Spot Bitcoin ETF Proposal Ahead of Rumored SEC Approvals

Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds.

Coindesk2023/12/18 21:31
profileImg

Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain

The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.

Coindesk2023/11/16 08:00
profileImg

Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally

“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”

Coindesk2023/07/25 12:47
profileImg

Bitcoin Inscriptions Not a Fading Trend | Crypto Daily Digest Sep. 8

While Bitcoin NFT sales have declined, Ordinals inscriptions continue rising.

TokenInsight2023/09/08 13:49
profileImg

Friend.tech Gaining Momentum | Crypto Daily Digest Aug. 22

The latest update you need to know about Friend.tech

TokenInsight2023/08/22 15:31

People are also inquiring about the price of Beta Finance.

What is the current price of Beta Finance?

We update our Beta Finance to USD price in real time. Get the live Price of Beta Finance on Bitget.

What is the 24 hour trading volume of Beta Finance?

Over the last 24 hours, the trading volume of Beta Finance is $4.76M.

What is the all-time high of Beta Finance?

The all-time high of Beta Finance is $4.63. This all-time high is highest price for Beta Finance since it was launched.

Can I buy Beta Finance on Bitget?

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

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

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

Where can I buy Beta 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.
Cryptocurrency investments, including buying Beta Finance online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Beta Finance, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Beta Finance purchase. This page and any information included are not an endorsement of any particular cryptocurrency.

Trade

Earn

BETA is available for trading on the Bitget Exchange, and can be held in custody on Bitget Wallet. Bitget Exchange is also one of the first CEX platforms to support BETA trades.
You can trade BETA on Bitget.

BTC/USDT

Spot

BTC/USDT

Margin

BTC/USDT

USDT-M Futures

BTC/USD

Coin-M Futures

Copy trading

BountyHunter-Q
BountyHunter-Q
insight1300/1300
13422.55%
ROI
Total profit $109,231.53
Rich-Bugatti
Rich-Bugatti
insight1083/1100
1909.55%
ROI
Total profit $5,944.06
Contracts
MoreMore
https://img.bitgetimg.com/multiLang/develop/web/BNB.png
BNB Smart Chain (BEP20)
0xbe1a...cc09d28
BNB Smart Chain (BEP20)
BNB Smart Chain (BEP20)
Links
Beta FinanceBeta FinanceBeta FinanceBeta Finance

Related assets

People also view
People who viewed BETA also show interest in the following cryptocurrencies.
Trending assets
Assets with the biggest change in unique page views on Bitget.com over the past 24 hours
Popular cryptocurrencies
A selection of the top 12 cryptocurrencies by market cap.