Camelot Token

GRAIL Price

About Camelot Token (GRAIL)

Camelot Token is the native utility asset of Camelot, a decentralized and community-driven exchange specifically designed to support the Arbitrum ecosystem.

• It serves as the leading native decentralized exchange on Arbitrum One, offering highly efficient spot liquidity infrastructure.
• The protocol utilizes a dual-token system consisting of GRAIL and xGRAIL to align long-term community interests with sustainable protocol growth.
• Camelot is expanding into the Orbital Liquidity Network, a vision aimed at unifying liquidity across various Arbitrum Orbit chains.

What Is Camelot Token

Camelot Token (GRAIL) functions as the primary utility token for the Camelot exchange, which acts as a central liquidity hub for the Arbitrum network. The protocol facilitates the movement of value by connecting traders with liquidity providers through a capital-efficient automated market maker (AMM) model.

Users put the token to work by converting GRAIL into xGRAIL, a non-transferable escrowed governance token. This mechanism allows holders to earn protocol dividends, often referred to as "real yield," sourced from a portion of the protocol service fees. Additionally, xGRAIL provides utility through staking, governance participation, and exclusive access to the protocol's launchpad events.

As the ecosystem grows, Camelot scales by integrating with multiple Layer 2 and Layer 3 scaling networks. By aggregating liquidity from diverse chains into a single hub, the protocol reduces market fragmentation and increases the overall utility of the GRAIL token.

What Makes Camelot Token Unique

• Orbital Liquidity Network: Camelot is the first protocol to deploy its infrastructure across multiple Orbit chains, creating a cohesive network of aligned rollups.
• Customizable Liquidity: The protocol features a flexible AMM that supports both volatile and stable asset pairs with dynamic, customizable fee structures for project partners.
• Community-First Launch: Entirely bootstrapped by the community since its inception in 2022, Camelot operates without venture capital backing to maintain deep alignment with native Arbitrum users.
• Nitro Pools: Specialized liquidity pools that allow projects to provide additional incentives and customized rewards to their supporters.

What Can You Use Camelot Token for?

• Staking and Dividends: Holders can stake GRAIL to receive xGRAIL, which grants a share of the protocol service fees collected from trading activity.
• Yield Enhancement: Users can allocate xGRAIL to various "plugins" to boost their yield farming rewards in Nitro Pools.
• Launchpad Participation: The token is used to gain priority access to new project launches hosted on Camelot’s native Arbitrum launchpad.
• Governance: xGRAIL holders can participate in the protocol's decentralized decision-making process, influencing future development and ecosystem initiatives.

How Does Camelot Token Work?

Camelot is built on the Arbitrum network, which is a Layer 2 scaling solution for Ethereum that uses optimistic rollups to provide faster and cheaper transactions. The protocol utilizes a dual-token model to manage liquidity and incentives effectively.

When a trade occurs on the platform, protocol service fees are collected. These fees are then redistributed to the ecosystem and xGRAIL stakers. The conversion from GRAIL to xGRAIL is immediate, but converting xGRAIL back to GRAIL requires a vesting period, which discourages short-term speculation and encourages long-term protocol health. This structural design ensures that the interests of the token holders are directly tied to the volume and success of the exchange.

Team Info and Investors

Camelot was launched in late 2022 by a community-centric team focused on the Arbitrum ecosystem. The project was entirely bootstrapped, meaning it did not rely on early venture capital funding or private seed rounds. This approach was intended to ensure that the protocol remains decentralized and permissionless, with governance and value capture prioritized for the community. While the core team remains focused on technical development, the protocol's direction is heavily influenced by its partner network of over 75 projects within the Arbitrum landscape.

Where can you buy Camelot Token?

GRAIL tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Camelot Token is Camelot V3, where the most active trading pair GRAIL/USDC.E has a trading volume of $252.52 in the last 24 hours.

What is the daily trading volume of Camelot Token (GRAIL)?

The trading volume of Camelot Token (GRAIL) is $542.35 in the last 24 hours, representing a -51.90% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Camelot Token (GRAIL)?

Camelot Token (GRAIL) reached an all-time high of $4,643.22 and an all-time low of $43.71. It’s now trading -99.00% below that peak and 1.20% above its lowest price.

What is the market cap of Camelot Token (GRAIL)?

Market capitalization of Camelot Token (GRAIL) is $1,131,188 and is ranked #2775 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of GRAIL tokens (26 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of Camelot Token (GRAIL)?

The fully diluted valuation (FDV) of Camelot Token (GRAIL) is $4,018,973. This is a statistical representation of the maximum market cap, assuming the maximum number of 100 Thousand GRAIL tokens are in circulation today. Depending on how the emission schedule of GRAIL tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Camelot Token compare against its peers?

With a price decline of -9.90% in the last 7 days, Camelot Token (GRAIL) is underperforming the global cryptocurrency market which is down -1.30%, while underperforming when compared to similar Arbitrum Ecosystem cryptocurrencies which are up 1.70%.