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Calamari Network

KMA

Price
$0.0017
11/30/2022, 7:33:50 PM
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Market

Market stats

Market cap

$2.7M

Volume (24h)

$18,660.37

Circulating supply

1.6B KMA

All time high

$0.0700

Price change (1h)

-0.31%

Price change (24h)

-0.95%

Price change (7d)

-4.46%

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Calamari Network is on the decline this week.

The price of Calamari Network has fallen by 4.46% in the past 7 days. The price declined by 0.95% in the last 24 hours. In just the past hour, the price shrunk by 0.31%. The current price is $0.0017 per KMA. Calamari Network is 97.56% below the all time high of $0.0700.

The current circulating supply is 1,589,055,318.3 KMA.

About

What Is Calamari Network (KMA)?

Calamari Network (KMA), Manta Network's canary-net, is a plug-and-play, privacy-preservation parachain created to use the DeFi on Kusama blockchain. Kusama is a scalable blockchain platform created on the same codebase as Polkadot, while Parachain is a layer-1 sidechain that forms the backbone of the Polkadot network. The Calamari network is the official Canary Net for Manta Network. The platform seeks to enable privacy for any parachain asset.

As per the website, the Manta network is an interoperable private protocol that helps with the problems related to blockchain privacy, usability, and interoperability through the privacy-preserving decentralized exchange. The platform aims to fuse the zkSNARKs and Kusama that fetches on-chain privacy to swaps and transactions. ZkSNARK is a proof of construction mechanism that seeks to prove possession over certain information. Also, the network is compatible with other projects and parachain assets that include wrapped crypto assets.

Calamari Network offers two products, MariPay and MariSwap. MariPay aims to help with the private transfer of Kusama and the parachain assets. Here, users can make transactions of common assets like wrapped BTC and stablecoins while eventually receiving the benefits of on-chain privacy via ZKP. Meanwhile, MariSwap seeks to allow users to swap between parachain assets while maintaining the confidentiality of the user's address.

KMA is the official cryptocurrencyof the platform. Also, KMA is a community-driven, deflationary tokenwhere rewards related to rebate, redemption, and token burns are generated through a privacy-preserving network of the platform. The utility token rewards holders on the usage fee of MariPay and MariSwap. Further, the platform is working on various ways to participate in PLO, which awards the user with KMA token. The platform also seeks to perfect the initial product by porting the KMA token to other parachains, implementing permanent private addresses, and rolling out some new features.

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FAQ

What is the current price of Calamari Network?

The price of 1 Calamari Network currently costs $0.0017.

What is the market cap of Calamari Network?

The current market cap of Calamari Network is $2.71M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Calamari Network?

The all-time high of Calamari Network is $0.0700. This all-time high is highest price paid for Calamari Network since it was launched.

What is the 24 hour trading volume of Calamari Network?

Over the last 24 hours, the trading volume of Calamari Network is $18.66K.

What other assets are similar to Calamari Network?

Assets that have a similar market cap to Calamari Network include O3 Swap, GMCoin, Reflexer Ungovernance Token, and many others. To see a full list, see our comparable market cap assets.

How many Calamari Network are there?

The current circulating supply of Calamari Network is 1.6 billion.