- #6244
Orca AVAI AVAI
AVAI Price
Market Cap
--Rank #6244FDV
$1.56 MRank #5163Detailed Performance
AVAI shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
AVAI to USD Converter
Price History
- All-Time High
- $1.211.72x to ATH
- All-Time Low
- $0.25982.74x to ATL
- Trade Launch Date
- 7 Oct, 2021
1125 days ago
About AVAI
Orca AVAI is a stablecoin that is part of the OrcaDAO protocol, which is built on the Avalanche blockchain. AVAI is designed to maintain a stable value pegged to the USD. It achieves this by being backed by collateral and insurance at a ratio of 150%. If the price of AVAI falls below the USD, it incentivizes holders to pay back AVAI, resulting in the burning of tokens, reducing the supply, and increasing the price of AVAI back to stability. The protocol also includes the ORCA governance token, which is held by owners of the protocol and allows them to participate in the governance of the DAO. Holders of ORCA tokens receive the majority of the revenues collected by the protocol. OrcaDAO places a strong emphasis on sustainability, particularly in Ocean/Marine restoration.
What makes Orca AVAI unique?
Orca AVAI is unique compared to other cryptocurrencies because it is a fully collateral-backed stablecoin. This means that every token of AVAI in existence is backed by collateral funds, ensuring that there is always full backing for each token. Additionally, AVAI is pegged to the US dollar, providing stability and confidence for users. The protocol also offers lending using crypto collateral at 0% interest, allowing users to borrow against their collateral. The combination of these features makes Orca AVAI a reliable and versatile stablecoin within the DeFi community.
Live Orca AVAI Price Data
The current price of Orca AVAI (AVAI) is approximately $0.7107, reflecting a decrease of -2.47% in the last 24 hours. The AVAI trading volume in the last 24 hours stands at $14.23.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Orca AVAI's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on AVAI, check out our crypto insights page.
Official Links
AVAI to USD Converter
Price History
- All-Time High
- $1.211.72x to ATH
- All-Time Low
- $0.25982.74x to ATL
- Trade Launch Date
- 7 Oct, 2021
1125 days ago