About Elk Finance
Elk Finance is a decentralized network for cross-chain liquidity. The Elk ecosystem makes it seamless for anyone to move value and exchange cryptocurrencies across blockchains more quickly and securely, all at a low cost. Elk’s robust and intuitive architecture also allows developers to build and integrate smart contracts and DeFi applications on top of the Elk platform in order to leverage its cross-chain functionality. Our mission is to enable cheap, fast, safe cross-chain value exchange across all blockchains. We hope to see a future where the crypto community becomes even more inclusive and where walls between chains are a thing of the past. Elk Finance has already launched on the Avalanche, Polygon, Fantom Opera and Huobi Eco networks. The ElkNet bridge that allows cross-chain transfers is live & provides the functionality to move $ELK between all chains in about 7 seconds with no fee.
Get up to $200 for getting started
Sign me up
Market Stats
Market Cap
$601,026.46
-2.72%
FDV
$1,580,373.78
Circulating Supply
16,134,216 ELK
Max Supply
42,424,242 ELK
Total Supply
42,424,242 ELK
Diluted Valuation
$1,580,649.00
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$3,808.52
1.66%
Volume (7D)
$29,655.64
Volume (30D)
$93,279.16
All time high
$5.61
Overall Price Change (1Y)
-0.66%
Additional info about Elk Finance
Recent trends
The latest ELK price is $0.0373. Compared to Elk Finance's value of $0.04 from 24 hours ago, there's been a -2% decrease, while the current price is 4% up from $0.04 which was recorded one week ago. Elk Finance's all time high is $5.61, which was reached on January 20, 2022. This is a -99% change from its price today.
Market details
ELK vs markets
↘ 76.91%
ELK vs BTC
↘ 79.52%
ELK vs ETH
↘ 59.86%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Polygon | 0xE1C110E1B1b4A1deD0cAf3E42BfBdbB7b5d7cE1C | |
Avalanche C-Chain | 0xE1C110E1B1b4A1deD0cAf3E42BfBdbB7b5d7cE1C | |
BNB Smart Chain | 0xeEeEEb57642040bE42185f49C52F7E9B38f8eeeE | |
Optimism | 0xeEeEEb57642040bE42185f49C52F7E9B38f8eeeE |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0373 | ↘ 2.29% |
1 Day | $0.0380 | ↘ 2.29% |
1 Week | $0.0359 | ↗ 3.84% |
1 Month | $0.0378 | ↘ 1.48% |
1 Year | $0.11 | ↘ 65.84% |
FAQ
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.
Ba'al launched the Elk finance network in 2021. Ba'al, a systems engineer and early blockchain astronaut, founded Elk Finance. The total supply of Elk finance tokens is 42424242 Elk coins.
We update our Elk Finance to USD currency in real-time. Get the live price of Elk Finance on Coinbase.
The current market cap of Elk Finance is $601.03K. A high market cap implies that the asset is highly valued by the market.
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.
Over the last 24 hours, the trading volume of Elk Finance is $3.81K.
Assets that have a similar market cap to Elk Finance include Baked, Tortuga Finance Aptos, xRealm.ai (new), and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Elk Finance is 16 million.
Get up to $200 for getting started
Earn free crypto after making your first purchase.
Terms apply. 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.
Social stats
Popularity in posts
#2999
Contributors
22
Posts
59
% About Elk Finance
0.007%
Hold times
0 days
X (Twitter)
4.87% bullish
Sentiment
5.0 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
22 unique individuals are talking about Elk Finance and it is ranked #2,999 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Elk Finance has an average sentiment score of 100 out of 5. Finally, Elk Finance is becoming less newsworthy, with 0 news articles published about Elk Finance.
On Twitter, people are mostly neutral about Elk Finance. There were 4.87% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Elk Finance. 95.13% of tweets were neutral about Elk Finance. These sentiments are based on 41 tweets.
On Reddit, Elk Finance was mentioned in 16 Reddit posts and there were 4 comments about Elk Finance. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
Powered by LunarCrush
Elk Finance calculator
Related assets
Discover conversions
Popular cryptocurrencies
Comparable market cap
Discover more assets
Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.