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Market

Market stats

Market cap

$19.8M

Volume (24h)

$207,164.25

Circulating supply

105.2M KAR

All time high

$11.94

Price change (1h)

-0.02%

Price change (24h)

+1.57%

Price change (7d)

-7.24%

About Karura

Karura (KAR) is an all-in-one decentralized finance (DeFi) platform that allows users to swap, borrow, lend, earn, and more with minimal transaction fees. The Karura platform is scalable and allows developers to create decentralized applications (DApp). Karura protocol is designed to operate as a DeFi hub on the Kusama—a multi-chain network for radical innovation.

As per the whitepaper, the Karura protocol is a parachain on the Kusama network serving as the experimental network for sister network Acala. Parachains are the individual blockchains running parallel within the Polkadot and Kusama ecosystems on their network. The Karura platform seeks to evolve as the proving ground for protocol upgrades and a place to experiment with new DeFi protocols and on-chain governance. The Karura platform aims to push the boundaries of what’s possible by launching on Kusama, offering the Acala foundation team a platform to launch new financial ideas.

Additionally, the Karura platform seeks to access Kusama’s plug-and-play security while also benefiting from high-capacity processing speeds, gas prices, and interoperability across numerous networks that are eventually connected to the Polkadot network. The Karura network aims to deliver decentralized financial products and stable assets to Kusama’s networks.

The Karura platform has KAR as the native utility token powering the DeFi hub of Kusama. The KAR token is used to pay for micro gas expenses and execute smart contracts. KAR is also used as a governance token that empowers the community to vote, elect council members, and drive the Karura development. 

News about Karura

Decrypt • Feb 23, 24

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The company that wants to scan your eyeballs for some cash is flying high, along with other projects connected with artificial intelligence.

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Unchained • Feb 22, 24

Reddit Reveals It Invested in Bitcoin and Ether in SEC Filing To Go Public

Social media giant Reddit revealed Thursday it had invested in BTC and ETH in a preliminary prospectus filed to the United States Securities and Exchange Commission, as the San Francisco-based firm moves one step closer to its debut on the stock market.  “We invested some of our excess cash reser...

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The Block • Feb 22, 24

Reddit holds ‘immaterial’ amounts of bitcoin and ether on its books

Reddit filed to go public Thursday and it turns out the company has a small amount of cryptocurrencies on its balance sheets.

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BeInCrypto • Feb 22, 24

Reddit Discloses Bitcoin, Ethereum, Polygon Purchase

Reddit has ventured into the cryptocurrency market, investing in Bitcoin, Ethereum, and Polygon as part of its strategy to embrace digital assets and blockchain technology, despite potential risks and challenges.The post Reddit Discloses Bitcoin, Ethereum, Polygon Purchase appeared first on BeInC...

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DL News • Feb 22, 24

DeFi investors punt nearly $1m into new Ethereum hybrid staking protocol offering 10% yield

Asymmetry Finance's afETH offers a 10.2% yield amid the $4 billion liquid staking surge, navigating risks linked to CVX price volatility and lockup terms.

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BeInCrypto • Feb 22, 24

BlackRock Went from 0 to 122,600 Bitcoin (BTC) in Six Weeks

In just six weeks, BlackRock has amassed 122,600 Bitcoin, worth $6.31 billion, becoming the 11th largest holder and showcasing the growing acceptance of Bitcoin as a legitimate asset class among traditional investment firms.The post BlackRock Went from 0 to 122,600 Bitcoin (BTC) in Six Weeks appe...

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Karura is on the decline this week.

The price of Karura has decreased by 0.02% in the last hour and increased by 1.57% in the past 24 hours. Karura’s price has also fallen by 7.24% in the past week. The current price is $0.19 per KAR with a 24-hour trading volume of $207.16K. Currently, Karura is valued at 98.42% below its all time high of $11.94. This all-time high was the highest price paid for Karura since its launch.

The current circulating supply of Karura is 105,249,997 KAR which means that Karura has as total market cap of 105,249,997.

FAQ

What is the current price of Karura?

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

What is the market cap of Karura?

The current market cap of Karura is $19.83M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Karura?

The all-time high of Karura is $11.94. This all-time high is highest price paid for Karura since it was launched.

What is the 24 hour trading volume of Karura?

Over the last 24 hours, the trading volume of Karura is $207.16K.

What other assets are similar to Karura?

Assets that have a similar market cap to Karura include YooShi, Aurory, MATH, and many others. To see a full list, see our comparable market cap assets.

How many Karura are there?

The current circulating supply of Karura is 105 million.

Can I buy Karura on Coinbase?

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

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