Karura

KAR Price

What is Karura?

Karura is the scalable, all-in-one DeFi hub of Kusama. It is the canary release for the Acala Network that will be launched on Polkadot. The platform offers a suite of financial applications including: a trustless staking derivative (liquid KSM), a multi-collateralized stablecoin backed by cross-chain assets (kUSD), and an AMM DEX – all with micro gas fees that can be paid in any token.

What is the Karura (KAR) token used for?

The KAR token is integral to the network and is used for paying transaction fees, node incentives, governance, and smart contract deployments.

How is KAR token distributed?

At launch, 60.87% of the KAR token is held by the community, 18.33% is held by early backers, 10.08% by later investors, and 10% by the founding team.

Among the community breakdown, 34% will be allocated for liquidity mining and auction reward.

Where can you buy Karura?

KAR tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Karura is Karura Swap, where the most active trading pair KAR/ASEED has a trading volume of $108.76 in the last 24 hours.

What is the daily trading volume of Karura (KAR)?

The trading volume of Karura (KAR) is $527.74 in the last 24 hours, representing a -93.10% 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 Karura (KAR)?

Karura (KAR) reached an all-time high of $13.20 and an all-time low of $0.0006616. It’s now trading -100.00% below that peak and 56.90% above its lowest price.

What is the market cap of Karura (KAR)?

Market capitalization of Karura (KAR) is $121,105 and is ranked #5794 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of KAR tokens (120 Million tokens are tradable on the market today).

What is the fully diluted valuation of Karura (KAR)?

The fully diluted valuation (FDV) of Karura (KAR) is $166,087. This is a statistical representation of the maximum market cap, assuming the maximum number of 160 Million KAR tokens are in circulation today. Depending on how the emission schedule of KAR tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Karura compare against its peers?

With a price increase of 0.00% in the last 7 days, Karura (KAR) is underperforming the global cryptocurrency market which is up 4.20%, while underperforming when compared to similar Decentralized Finance (DeFi) cryptocurrencies which are up 7.10%.