Keep an eye on Elk Finance

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Market

Market stats

Market cap

$1.6M

Volume (24h)

$59,778.56

Circulating supply

12.8M ELK

All time high

$5.61

Price change (1h)

+0.35%

Price change (24h)

-2.5%

Price change (7d)

+5.51%

About Elk Finance

Elk Finance is a decentralized network that enables cross-chain value transfers and interoperability between blockchains. The network aims to improve blockchain interoperability while minimizing diversity. ElkNet is recognized as Elk Network's effective cross-chain engine. ElkNet enables safe and reliable value and information exchanges amongst blockchains by eliminating complexity and asset segmentation. Elk Finance's goal is to offer people an easy and inexpensive solution to move value across chains.

According to the litepaper, Elk Finance intends to support cross-chain exchanges of arbitrary tokens at sub-second speeds. The platform seeks to accomplish quick, trustless, and inexpensive exchanges between chains by combining a unique liquidity pooling technology with a decentralized peer-to-peer network. Elk focuses on offering Impermanent Loss Protection (ILP), which protects users from being penalized for providing liquidity

The Elk Finance system aims at offering specific functions, such as calling smart contracts across chains and enabling smart contracts on multiple chains to communicate. The platform aims to leverage liquidity on one chain to obtain stablecoin finance. In addition, the network supports cross- or multi-chain synthetic assets (proxy tokens), including the use of an SDK that allows developers to create on top of ElkNet and facilitates cross-chain trading. Elk Finance looks forward to releasing a stablecoin called CHFT to make cross-chain value transfers and payments as safe as possible. CHFT is classified as a cross-chain stablecoin with a gyroscopic construction.

ELK is the governance token of the Elk Finance network. The ELK token is an ERC-20-compliant utility token that serves as the foundation of the Elk Finance ecosystem. ELK is exchangeable and utterly interoperable with EVM wallets and wallets on supported chains. 

News about Elk Finance

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Elk Finance is on the rise this week.

The price of Elk Finance has increased by 0.35% in the last hour and decreased by 2.50% in the past 24 hours. Elk Finance’s price has also risen by 5.51% in the past week. The current price is $0.12 per ELK with a 24-hour trading volume of $59.78K. Currently, Elk Finance is valued at 97.78% below its all time high of $5.61. This all-time high was the highest price paid for Elk Finance since its launch.

The current circulating supply of Elk Finance is 12,760,206 ELK which means that Elk Finance has as total market cap of 12,760,206.

FAQ

What is the current price of Elk Finance?

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

What is the market cap of Elk Finance?

The current market cap of Elk Finance is $1.59M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Elk Finance?

The all-time high of Elk Finance is $5.61. This all-time high is highest price paid for Elk Finance since it was launched.

What is the 24 hour trading volume of Elk Finance?

Over the last 24 hours, the trading volume of Elk Finance is $59.78K.

What other assets are similar to Elk Finance?

Assets that have a similar market cap to Elk Finance include BigTycoon, Snap Token, Wojak, and many others. To see a full list, see our comparable market cap assets.

How many Elk Finance are there?

The current circulating supply of Elk Finance is 13 million.

Can I buy Elk Finance on Coinbase?

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

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