What is DeFi Mall – Connecting CEX and DEX Through DeFi (DFM)

DeFi Mall is an all-encompassing aggregated trading platform facilitating cross-chain transactions and multi-asset interoperability. It serves not only as a trading hub but also as a comprehensive blockchain development platform.

Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (DFM/USDT – Trade it here) on the Innovation Zone! Check it out now!

What is The Aim of DeFi Mall?

DeFi Mall is connecting Decentralized Exchanges (DEX) and Centralized Exchanges (CEX) through DeFi. It is also addressing the “value islands” between different chains with cross-chain technology and interfaces. Simultaneously, it aims to tackle the “information islands” in the digital asset flow process through DeFi data visualization. The ultimate goal is to make DEX as convenient as CEX and CEX as secure, free, and accessible as DEX.

DeFi Mall’s primary objective is to establish an autonomous management system with multi-asset interoperability. This is achieved through comprehensive basic functionalities such as trade aggregation, news dissemination, auditing, promotion, and the implementation of cross-chain bridges. A diversified economic model, encompassing aspects like Initial DEX Offerings (IDO), staking, burning, airdrops, and buybacks, further contribute to achieving this objective.

The overarching aim is to create a robust DeFi ecosystem, offering a complete decentralized financial infrastructure and positioning DeFi Mall as the preeminent entity in aggregated trading within the DeFi domain. This initiative is designed to open up new possibilities for the value circulation of existing cryptographic digital currencies, allowing more individuals to partake in the benefits of blockchain technology development.

How Does DeFi Mall Work?

In terms of technicality, DeFi Mall integrates modules like comprehensive cross-chain trading aggregation and DEX data visualization. It also has ecosystem news, project auditing, asset management, contract insurance, liquidity pools, and NFT trusts. It ensures the security and privacy of user data, assets, transactions, and identity verification. Defimall aggregates value-added services such as asset management, data analysis, and asset trading in its applications, breaking the traditional platform limitations.

Economically, DeFi Mall capitalizes on market gaps to create a one-stop DeFi aggregation space. It offers innovative models based on the platform token DFM for services like information, auditing, DEX data visualization, IDO staking for voting, new project dividends, profit buybacks, liquidity pools, and contract insurance. The platform supports coin auditing, multi-model trading, and new asset integration in a decentralized manner. All transaction records are stored on a public ledger, ensuring openness, transparency, traceability, and immutability. By absorbing the advantages of traditional models, Defimall aims to revolutionize traditional securities exchanges and centralized digital currency exchanges.

Built on a DeFi distributed financial model, DeFi Mall’s underlying infrastructure seamlessly integrates various digital assets for trading through the latest cross-chain and side-chain fusion techniques. Concurrently, DEX and CEX develop in tandem. It eliminates the drawbacks of traditional centralized and decentralized models. This will maintain true fairness, justice, and openness on an aggregated basis.

What is the DeFi Mall Wallet?

To ensure user-friendly access for ordinary users, the DeFi Mall wallet adopts the SPV (Simplified Payment Verification) method, accessible through a web interface. The wallet employs the SSL protocol and supports Symantec CA certificates. Moreover, it accommodates both cold and hot wallets.

In the case of hot wallets, the key information transmitted over the network and stored in the cloud comprises the user’s encrypted data. Only the wallet user can access the original content of the private key. When users need to sign a transaction, they retrieve the custodial private key from the wallet’s cloud server. Subsequently, the user decrypts it locally on their computer using the payment password. Once decrypted, the local wallet program signs the transaction information with the private key and submits it to the DeFi Mall network for processing.

DeFi Mall wallets house two types of assets: native assets and registered assets, akin to the RMB and various cards in a physical wallet. Native assets can be utilized without requiring trust, while gateway-registered assets necessitate trust in the respective asset for value exchange.

Where to buy DFM Token

You can find DFM Tokens here at MEXC! We are listing DFM/USDT in our Innovation Zone!

What is the Price of DFM Tokens?

The DFM Token is currently trading at MEXC with a live price of $0.000004389. You can check the live price of their token right here!

How to buy DFM Tokens on MEXC

You can buy DFM Tokens on MEXC by following the steps:

  1. Log in to your MEXC account. Click on [Spot].
  2. Search “DFM” using the search bar to see the available trading pairs. Take DFM/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of DFM you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy DFM] to confirm your order. You will find the purchased DFM in your Spot Wallet.

You can find a detailed guide on how to buy DFM Tokens here.

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Meanwhile, check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

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