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Ardana is on the decline this week.

The price of Ardana has fallen by 52.21% in the past 7 days. The price declined by 6.16% in the last 24 hours. In just the past hour, the price grew by 0.03%. The current price is $0.0013 per DANA. Ardana is 99.99% below the all time high of $10.84.

The current circulating supply is 0 DANA.


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What Is Ardana (DANA)?

Ardana is a DeFi (decentralized finance) hub built on the Cardano blockchain. The hub's mission is to provide Cardano users with tested and tried decentralized finance (DeFi) primitives that aim to catalyze and help sustain the financial ecosystem of the Ardana hub. According to the whitepaper of the asset, in order to achieve this mission, Ardana has developed two particular products for the ecosystem. They are the following:

  • StablecoinPlatform:This platform aims to enable users to leverage Cardano's native assets by generating stablecoins against them.

  • Danaswap: A decentralized exchange (DEX) that seeks to enable high-efficiency swaps between stable asset sets while facilitating a venue for liquidity providers to earn DANA rewards and trading fees for their liquidity provisioning. The term DANA reflects the native token of the Ardana ecosystem.

    These two products have allowed the Ardana ecosystem to function independently beside, operating symbiotically with decentralized finance protocol on Cardano. The term symbiotically represents an interdependent relationship between two commodities, utility, etc. Further to support this overall structure of the ecosystem, Ardana hub launched its cryptocurrency Ardana token represented by its ticker DANA.

The Ardana token is the governance and native utility token of the Ardana ecosystem. The token aims to provide stakers on the hub with access to a share of the fees from Ardana. Further, the token seeks to provide token holders with voting power to add changes to the project's parameters. In order to exercise this utility and governance of DANA, token holders have to time-lock their DANA in the Ardana Reward Enhancement Module (AREM), where, in exchange, they will receive exDANA. The term exDANA represents the secondary token of the Ardana ecosystem. AREM is responsible for rewarding token holders with a portion of the platform fees of Danaswap and Stablecoins. Thus, reflecting the vital role DANA plays in the ecosystem of Ardana.

History of Ardana (DANA)

Ardana hub was founded by Ryan Matovu in the 1st quarter of 2021. The hub is headed by Isaac Shapira, chief technology officer (CTO), and Derek Evans, chief operating officer (COO). The token of the Ardana ecosystem has a maximum total supply of 125,000,000 DANA coins.

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What is the current price of Ardana?

We update our Ardana to USD currency in real-time. Get the live price of Ardana on Coinbase.

What is the market cap of Ardana?

The current market cap of Ardana is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Ardana?

The all-time high of Ardana is $10.84. This all-time high is highest price paid for Ardana since it was launched.

What is the 24 hour trading volume of Ardana?

Over the last 24 hours, the trading volume of Ardana is $9.90K.

What other assets are similar to Ardana?

Assets that have a similar market cap to Ardana include Bankless BED Index, The Underground, NFT11, and many others. To see a full list, see our comparable market cap assets.

How many Ardana are there?

The current circulating supply of Ardana is 0.

Can I buy Ardana on Coinbase?

No, Ardana is not currently available on Coinbase, but you can sign up to get the latest news on Ardana and be notified when it gets added to our exchange.