Kava logo

Kava

KAVA

4.9

Price
$1.56
10/6/2022, 1:24:32 AM
diamondHands

Keep an eye on Kava

Get instant alerts for major price changes.

Market

Market stats

Market cap

$437.8M

Volume (24h)

$22.1M

Circulating supply

280.4M KAVA

All time high

$9.19

Price change (1h)

+0.22%

Price change (24h)

-1.69%

Price change (7d)

-0.7%

Sign up now to get up to $400 in rewards

Coinbase users can earn up to $400 on average just by taking advantage of our rewards. Get started now.

congratulationsOnEarningCrypto

Kava is on the decline this week.

The price of Kava has fallen by 0.70% in the past 7 days. The price declined by 1.69% in the last 24 hours. In just the past hour, the price grew by 0.22%. The current price is $1.562042 per KAVA. Kava is 83.00% below the all time high of $9.19.

The current circulating supply is 280,385,904 KAVA.

About

What Is Kava Lend (KAVA)?

The Kava Lend protocol is an application built on Kava’s blockchain with lending and borrowing functionalities. Using the Kava Lend platform, users can participate in three major activities: the safe supply of digital assets, borrowing cryptocurrency as collateral from others, and earning KAVA tokens in the form of interest. The protocol aims to become an autonomous market-making (AMM) service and add new functionality on the Kava Ecosystem.

Kava Lend (KAVA) is a cross-chain money market protocol where users can lend, borrow, and earn with assets like BTC, XRP, BNB, KAVA, and many other cryptocurrencies. The protocol seeks to be one of the first applications that utilize Kava’s blockchain security and decentralized finance (DeFi) services. According to the whitepaper, the Kava Lend protocol leverages Kava’s validators for security, bridging cross-chain asset transfer gap and partner’s Chainlink oracle service for price feed module. Oracle service is a signed price feed provided by a trusted blockchain network/trading application for DeFi ecosystems.

KAVA is the native token of the Kava platform. The token is given as rewards for borrowing and supplying on Kava Lend application. The token is also used as a governance token that enables its users to cast votes on the rules of the protocol. Collectively, KAVA token holders are gradually responsible for managing the key parameters such as what assets are offered, rewards distribution, platform fees, etc. Furthermore, the KAVA token is also utilized as a reward for early adopters, allowing them to contribute towards the evolution and management of the Kava Lend platform.

History of Kava Lend (KAVA)

Brian Kerr is the Co-founder of KAVA. On October 15, 2020, the protocol began the distribution of KAVA tokens, supply-side deposits, and KAVA incentives for digital assets like BTC, XRP, BNB, KAVA, and USDX. Thus, to achieve a fair distribution, the company decided no private sale of KAVA tokens and issued a maximum supply of 200 million KAVA tokens.

Related Assets

Trending assets

Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Recently added

A selection of the most recently added cryptocurrencies.

Comparable market cap

Of all the assets on Coinbase, these 8 are the closest to Kava in market cap.

FAQ

What is the current price of Kava?

The price of 1 Kava currently costs $1.56.

What is the market cap of Kava?

The current market cap of Kava is $437.78M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Kava?

The all-time high of Kava is $9.19. This all-time high is highest price paid for Kava since it was launched.

What is the 24 hour trading volume of Kava?

Over the last 24 hours, the trading volume of Kava is $22.07M.

What other assets are similar to Kava?

Assets that have a similar market cap to Kava include GateToken, Dash, Basic Attention Token, and many others. To see a full list, see our comparable market cap assets.

How many Kava are there?

The current circulating supply of Kava is 280 million.

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Coinbase Bytes article