CoinDesk • Mar 27, 25
VARA Is Focused on Consumer Protection for Tokenization Efforts in Dubai, Senior Official Says
VARA is closely watching real-world tokenization in the city and making sure consumers are protected.
Read more
Vara Price (VARA)
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Market stats
Vara is on the rise this week. ↗
The price of Vara has decreased by 1.54% in the last hour and increased by 5.55% in the past 24 hours. Vara’s price has also risen by 27.30% in the past week. The current price is A$0.0095 per VARA with a 24-hour trading volume of A$622.78K. Currently, Vara is valued at 98.16% below its all time high of A$0.52. This all-time high was the highest price paid for Vara since its launch.
The current circulating supply of Vara is 2,770,079,003.667 VARA which means that Vara has as total market cap of A$26,503,305.51.
Overall
Market cap
A$26,503,305.51
Popularity
#872
Circulating
A$2,770,079,003.67
Max Supply
Not enough data
Hold time
Not enough data
Price & Volume changes
Volume (24h)
A$622,781.88
↗ 21.41%
Volume (30D)
A$9,959,739.39
Volume (7D)
A$3,744,205.14
Benchmarks
All time high
A$0.52
Performance (1Y)
↘ 93.57%
Vs. Market (1Y)
↘ 94.99%
Vs. BTC (1Y)
↘ 95.68%
Vs. ETH (1Y)
↘ 88.79%
About Vara
VARA is the native token of the Vara Network, a blockchain network built on Gear Protocol. The Vara Network allows developers to seamlessly build and deploy decentralized applications. VARA tokens can be staked to secure the network. VARA tokens can also be used to pay network gas fees and participate in governance.
Vara launched on Coinbase on September 20, 2023 at 7:03 PM
Additional info about Vara
Networks and tags
Vara:No contract address available;
FAQ
Vara Network (VARA) is a standalone layer-1 decentralized network that forms part of the Gear Protocol. Launched in 2021, Gear Protocol is a new cloud infrastructure platform that aims to provide an environment for web2 and web3 developers to build infrastructure solutions and decentralized applications (dApps) for any ecosystem. Vara Network is built upon three core concepts: the actor model, persistent memory, and Wasm, a WebAssembly-based virtual machine. The network aims to serve as a wasm-native hub for protocols that utilize parallel execution and asynchronous programming to deliver decentralized products in any segment.
Vara Network operates using the actor model and persistent memory, two widely adopted primitives from massive computation and microservices architecture spaces. It also utilizes Wasm, a WebAssembly-based virtual machine that runs on all modern browsers. This combination allows for parallel execution and asynchronous programming, enabling the network to handle complex computations and deliver decentralized applications. Vara Network also aims to provide a library for building dApps using pre-built constructs, including arbitrary async/await syntax for any programs built on Rust. This allows developers to write, compile, test, and upload their contracts directly onto Vara Network from their browser.
Vara Network aims to support a wide range of use cases. It can be used to build gaming projects, aiming to enhance the gaming experience. It can also be used for financial applications, aiming to provide transaction throughput and responses for payment and financial applications. Other potential use cases include tokenizing real-world assets and managing supply chains. Vara Network also aims to provide solutions for games, addressing challenges. Furthermore, it aims to offer solutions for finance applications, addressing issues.
Vara Network was launched as a standalone network in the Gear Protocol in 2021. Gear Protocol is a new cloud infrastructure platform that aims to provide an environment for web2 and web3 developers to build infrastructure solutions and applications for any ecosystem. Since its inception, Vara Network aims to serve as a wasm-native hub for protocols that leverage parallel execution and asynchronous programming to deliver decentralized products in any segment. The network's mainnet went live on September 19, 2023, marking a milestone in its development.
We update our Vara to AUD currency in real-time. Get the live price of Vara on Coinbase.
The current market cap of Vara is A$26.50M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Vara is A$0.52. This all-time high is highest price paid for Vara since it was launched.
Over the last 24 hours, the trading volume of Vara is A$622.78K.
Assets that have a similar market cap to Vara include michi (SOL), Aragon, RETARDIO, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Vara is 2.8 billion.
Vara ranks 145 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Yes, Vara is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Vara guide.
Vara Price History
Date | Price | Change |
|---|---|---|
Today (April 25, 2025) | A$0.0095 | +5.55% |
24 hours ago (April 24, 2025) | A$0.0090 | +5.55% |
1 week ago (April 18, 2025) | A$0.0075 | +27.30% |
1 month ago (March 25, 2025) | A$0.0134 | -27.95% |
1 year ago | A$0.14 | -93.57% |
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Vara Calculator
How much is 1 VARA?
Conversion Table
1 Vara (VARA) to Real (BRL)
R$0.0345
1 Vara (VARA) to Euro (EUR)
€0.0053
Social
Some highlights about Vara on social media
12 unique individuals are talking about Vara and it is ranked #1,842 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Vara has an average sentiment score of 62 out of 5. Finally, Vara is becoming less newsworthy, with 0 news articles published about Vara.
On Twitter, people are mostly bullish about Vara. There were 95.83% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Vara. 4.17% of tweets were neutral about Vara. These sentiments are based on 8 tweets.
On Reddit, Vara was mentioned in 0 Reddit posts and there were 0 comments about Vara. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Overview
Contributors
12 people
Posts
127 posts
Dominance
0.02%
Volume rank
#1,842
Average Sentiment
62 out of 5
Tweet Count
8 people
Sentiment
95.83%
Bullish
4.17%
Neutral
0%
Bearish
Reading List
The Defiant • Feb 19, 25
MANTRA Chain Secures First VARA DeFi License from Dubai's VARA for Global Expansion, Including Broker-Dealer and Investment Services
@MANTRA_Chain has secured a Virtual Asset Service Provider (VASP) license from Dubai's Virtual Assets Regulatory Authority (VARA), facilitating its global expansion
Read more
CoinDesk • Oct 16, 24
Dubai's VARA Has Struck Correct Balance in Licensing Time Frame, Says Senior Official
Dubai’s Virtual Assets Regulatory Authority believes it has struck the correct balance in terms of time taken to award licenses to crypto-related applicants, its senior official Sean McHugh told CoinDesk in an interview on Tuesday, disputing any perception of being a friendlier-than-usual crypto ...
Read more
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