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M. Cap: $3.37 T 0.42%24h Vol: $182.90 B -54.17%BTC: $97,386.01 0.99%ETH: $3,373.65 -0.15%S&P 500: $5,934.95 -0.58%Gold: $2,623.17 -0.08%BTC Dominance: 57.06%
  • #2555

Rai Reflex Index RAI

RAI Price

$2.93-2.72%
Price Range--
--

Market Cap 

$3.51 MRank #2555

FDV 

$3.51 MRank #2457

Investors

X Followers

X Performance

1208StrongRank by X #746
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Data from TweetScout 

Detailed Performance

SentimentBearish

RAI shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods

Trading Pair1h24h7d1m3m1y
RAI/USD
-0.50%-2.71%-2.47%-4.25%-3.04%3.76%
RAI/BTC
-0.33%-3.37%1.91%-4.34%-36.98%-53.42%
RAI/ETH
0.04%-2.35%12.67%-5.41%-26.28%-31.43%
RAI/DeFi
1.27%-4.86%15.30%-22.72%-39.38%-21.96%
RAI/Backed Tokens
-0.35%-2.63%0.12%-2.57%-5.86%-15.57%

RAI to USD Converter

RAI

Price History

All-Time High
$4.19
1.43x to ATH
All-Time Low
$2.37
1.24x to ATL
Trade Launch Date
17 Feb, 2021
1402 days ago

Fundraising

See more
--USD ROI
--BTC ROI
--ETH ROI
ICO Price
--
Funds Raised
$5.84 M
Tokens Sold
--

Exchanges

Exchanges type

Uniswap V2 (Ethereum)
RAI/WETH
$2.88$20,768.9828.017%Recently
Uniswap (v3)
RAI/WETH
$2.98$18,693.1525.217%Recently
Uniswap V3 (Polygon)
RAI/WETH
$2.95$16,116.1321.741%Recently
Uniswap (v3)
RAI/DAI
$2.88$11,676.4215.752%Recently
Uniswap V3 (Polygon)
RAI/USDC.E
$2.93$5,385.077.264%Recently
See All Markets

About RAI

Rai Reflex Index (RAI) is a non-pegged stablecoin that is backed by ETH. It is created on the Reflexer platform, where users can use their crypto collateral to mint RAI. RAI is designed to be decentralized and not tied to any specific fiat currency. It operates on a unique mechanism called the PI controller, which aims to maintain the stability of RAI's price. RAI has its own price feed and is governed by a decentralized governance system.

What makes Rai Reflex Index unique?

Reflexer (RAI) is unique compared to other cryptocurrencies because it is a decentralized and non-pegged stablecoin backed by ETH. Unlike traditional stablecoins that aim to maintain a fixed value against a specific fiat currency, RAI's value is not pegged to any external asset or currency. Instead, it utilizes a novel mechanism called the Reflex Bonding Curve to maintain stability.
The Reflex Bonding Curve adjusts the supply of RAI based on market demand, ensuring that the token's value remains stable over time. This mechanism allows RAI to be more resistant to volatility and maintain its purchasing power, making it an attractive option for users who want stability without relying on centralized entities or external collateral.
Furthermore, RAI operates on a governance system where users can participate in decision-making processes regarding the protocol's development and management. This gives RAI holders a voice in shaping the future of the platform and adds a layer of decentralization to the project.
Overall, RAI's unique features, such as its non-pegged stability and decentralized governance, set it apart from other cryptocurrencies in the market.

Live Rai Reflex Index Price Data

The current price of Rai Reflex Index (RAI) is approximately $2.93, reflecting a decrease of -2.72% in the last 24 hours. The RAI trading volume in the last 24 hours stands at $79,443.43. Rai Reflex Index's market cap is currently $3.51 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of RAI is 1.20 million.

For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Rai Reflex Index's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on RAI, check out our crypto insights page.

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