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DeHive

DeHive is a decentralized protocol that enables users to become holders of the top DeFi tokens packed into one index. This index represents noticeable and important DeFi assets, which analysts often use to evaluate the economic health of the cryptocurrency market. According to the DeHive team, making a single operation on their platform can bring users all the benefits of the full basket of crypto assets.

The DeHive platform implements a mechanism for purchasing the underlying crypto assets to support the index. The protocol uses an in-built system of oracles to ensure the purchase of the selected tokens at the best price.

It provides users with the opportunity to own a single token that ensures a profitable portfolio for the holder – DeHive Index. The price of the selected tokens serves as an indicator of the general direction of DeFimarket development, and the index is composed of it. 

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