Trading Pair	1h	24h	7d	1m	3m	1y
RAI/USD	0.04%	0.39%	4.43%	2.36%	1.90%	12.27%
RAI/BTC	0.23%	3.19%	14.95%	21.67%	28.20%	1.70%
RAI/ETH	0.05%	1.71%	24.66%	46.23%	115.95%	142.50%
RAI/DeFi	1.08%	3.17%	28.19%	53.20%	129.49%	159.03%
RAI/Backed Tokens	0.03%	-0.05%	3.83%	9.69%	5.11%	-68.14%

RAI to USD Converter

RAI

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Price History

All-Time High: 18 Feb, 2021
$4.19
1.37x to ATH
All-Time Low: 8 Oct, 2023
$2.37
1.29x to ATL

Trade Launch Date: 17 Feb, 2021
1484 days ago

Fundraising

--USD ROI

--BTC ROI

--ETH ROI

ICO Price: --

Funds Raised: $5.84 M
Tokens Sold: --

Exchanges


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Uniswap (v3)	RAI/DAI	$3.05	$20,584.82	35.186%	Recently
Uniswap V2 (Ethereum)	RAI/WETH	$3.05	$19,173.76	32.774%	Recently
Uniswap (v3)	RAI/WETH	$3.06	$12,924.70	22.092%	Recently
Bilaxy	RAI/ETH	$3.22	$2,907.40	0.000%	Recently
Uniswap (v3)	RAI/WETH	$3.06	$1,183.82	2.024%	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 $3.06, reflecting a increase of 0.39% in the last 24 hours. The RAI trading volume in the last 24 hours stands at $62,619.42. Rai Reflex Index's market cap is currently $2.58 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of RAI is 844,094.71.

If you're wondering how to buy Rai Reflex Index, top cryptocurrency exchanges such as Uniswap (v3), Uniswap V2 (Ethereum), Uniswap (v3), Uniswap (v3) and Uniswap (v3) offer trading options. 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.

Main Category

Backed Tokens

Official Links