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Market

Market stats

Market cap

$22.6M

Volume (24h)

$487,115.07

Circulating supply

105.2M KAR

All time high

$11.94

Price change (1h)

-2.24%

Price change (24h)

-21.14%

Price change (7d)

-18.58%

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

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The Block • Mar 18, 24

Figure launches new blockchain-focused entity after raising $60 million in Series A

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BeInCrypto • Mar 18, 24

Solana Skyrockets Past $200: Unveiling 3 Key Growth Drivers

Solana breaks the $200 mark, driven by its expanding DeFi ecosystem, record DEX volumes, and robust staking growth, signaling a strong market position and future potential.The post Solana Skyrockets Past $200: Unveiling 3 Key Growth Drivers appeared first on BeInCrypto.

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The Block • Mar 18, 24

Spot bitcoin ETFs reach record highs for weekly inflows and trading volume

Weekly net inflows into U.S. spot bitcoin ETFs reached a record $2.57 billion last week. Trading volume also hit a record $35.1 billion.

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Karura is on the decline this week.

The price of Karura has decreased by 2.24% in the last hour and decreased by 21.14% in the past 24 hours. Karura’s price has also fallen by 18.58% in the past week. The current price is $0.22 per KAR with a 24-hour trading volume of $487.12K. Currently, Karura is valued at 98.20% 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 $22.62M. 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 $487.12K.

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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