- #1563
Grai GRAI
GRAI Price
Market Cap
$4.20 MRank #1563FDV
$4.20 MRank #1770Investors
Twitter Followers
Twitter Performance
558Rank by Twitter #2471- 0
- 100
- 1000
- 4000
Detailed Performance
GRAI shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods
GRAI to USD Converter
Price History
- All-Time High
- $1.751.77x to ATH
- All-Time Low
- $0.73951.33x to ATL
- Trade Launch Date
- 19 May, 2023
351 days ago
Exchanges
Exchanges type
About GRAI
GRAI is the native token of the Gravita protocol. It can be borrowed using ETH liquid staking tokens (LSTs) as collateral. The token has a value of $1 and can be used for swapping, spending, or depositing in the Stability Pool to purchase WETH and LSTs at a discount.
What makes Grai unique?
Grai, which is associated with Gravita Protocol, offers several unique features compared to other cryptocurrencies. Firstly, Gravita provides users with interest-free loans, distinguishing it from traditional lending services. Additionally, Gravita supports multiple Liquid Staking Tokens (LSTs) as collateral, allowing users to borrow against a variety of assets while maintaining separate positions for each. This promotes diversity in the crypto ecosystem and supports the growth of high-quality minority LSTs.
Furthermore, Gravita is non-custodial, programmatic, and transparent, aligning with the principles of decentralized finance. These characteristics ensure that users have control over their funds, the protocol operates autonomously, and all actions are visible on the blockchain.
Lastly, Gravita utilizes a hard peg mechanism called Redemptions, which ensures stability, security, and efficiency for GRAI users. This feature plays a crucial role in maintaining the value of the GRAI token.
Overall, the combination of interest-free loans, support for multiple LSTs, non-custodial nature, programmatic transparency, and the implementation of the Redemptions mechanism sets Grai apart from other cryptocurrencies.
Live Grai Price Data
The current price of Grai (GRAI) is approximately $0.987, reflecting a increase of 0.26% in the last 24 hours. The GRAI trading volume in the last 24 hours stands at $108,529.68. Grai's market cap is currently $4.20 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of GRAI is 4.25 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Grai's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on GRAI, check out our crypto insights page.
Tags
Official Links
GRAI to USD Converter
Price History
- All-Time High
- $1.751.77x to ATH
- All-Time Low
- $0.73951.33x to ATL
- Trade Launch Date
- 19 May, 2023
351 days ago