Rave

KRAV Price

What is Rave about?

Krav is a decentralized perpetual crypto quanto exchange.

What makes Rave unique?

Krav is the first decentralized perpetual quanto exchange, enabling traders to leverage BTC trades using any altcoin as collateral, with gains and losses settled in altcoins. Key innovations include:

• Catering to both traders and liquidity providers (LPs), allowing traders to open long or short positions on Bitcoin (BTC) using altcoins as collateral, while LPs earn transaction fees when traders adjust positions.
• Limit orders that provide enhanced control over trading strategies and allow for additional execution fees to optimize profits.
• Risk mitigation measures, including a funding fee mechanism to balance long and short positions, and forced liquidation at 90% of pledged collateral to protect the liquidity pool.

What's the history of Rave?

The cryptocurrency market, valued at over $1 trillion with 10,000 unique coins, highlights a disparity between established coins with clear utility and the majority of altcoins lacking substantial use cases. Many altcoins remain dormant, limiting their value and versatility. Krav addresses this by introducing volatility from Bitcoin and Ethereum into lower-volume altcoins, transforming them into underlying assets for quanto derivatives. This increases trading volume and utility, creating a dynamic market for previously underutilized altcoins.

What's next for Rave?

Future developments include introducing RWAs as trading pairs, expanding altcoin pairs with BTC/ETH, and implementing multi-chain support.

What can Rave be used for?

Staking KRAV tokens offers three types of rewards: Escrowed KRAV, Multiplier Points, and KRAV Rewards. 30% of fees from swaps and leverage trading are converted to KRAV and distributed to staked tokens, after deducting referral rewards and network costs. Staking ensures early backers' interests are protected, preventing dilution by whales and ensuring equal opportunities for all participants. To stake KRAV tokens, visit: https://krav.trade/dashboard/stake

Where can you buy Rave?

KRAV tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Rave is SushiSwap V3 (Base), where the most active trading pair KRAV/WETH has a trading volume of $1.02 in the last 24 hours.

What is the daily trading volume of Rave (KRAV)?

The trading volume of Rave (KRAV) is $2.00 in the last 24 hours, representing a 0.00% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Rave (KRAV)?

Rave (KRAV) reached an all-time high of $0.07471 and an all-time low of $0.0004318. It’s now trading -97.00% below that peak and 413.70% above its lowest price.

What is the market cap of Rave (KRAV)?

Market capitalization of Rave (KRAV) is $1,894,988 and is ranked #2460 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of KRAV tokens (850 Million tokens are tradable on the market today).

What is the fully diluted valuation of Rave (KRAV)?

The fully diluted valuation (FDV) of Rave (KRAV) is $1,894,988. This is a statistical representation of the maximum market cap, assuming the maximum number of 10 Billion KRAV tokens are in circulation today. Depending on how the emission schedule of KRAV tokens are designed, it might take multiple years before FDV is realized.

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

With a price decline of -0.30% in the last 7 days, Rave (KRAV) is underperforming the global cryptocurrency market which is up 0.40%, while underperforming when compared to similar Base Ecosystem cryptocurrencies which are up 0.00%.