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Kylin

KYL

Kylin is not available for trading on the Coinbase Exchange, but is supported on Coinbase Wallet

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Investment Risk

About Kylin

Kylin network describes itself as a cross-chain platform supporting the data economy of Polkadot. Kylin network is considered a connective tissue between the blockchain or Web3 world and the 'real world,' offering insights and informing each in synergy.

According to the whitepaper, there are various problems associated with the existing blockchain networks including need of accessible data querying and data analytics, and high costs of Legacy oracles and difficulties in feeding off-chain data. The Kylin Network is based on the Polkadot network, and its cross-chain interoperability is considered a resolution for these issues that plague the blockchain ecosystem. The Kylin network aims to be the data infrastructure for decentralized finance (DeFi) and Web3.0 backed by Polkadot.

The platform powers the infrastructure of the main adoption layers of blockchain, such as NFTs, Defi, and DAOs, via reforming data awareness and access. Kylin also assists GameFi in creating an economic ecology by enabling access to off and on-chain data, varying data streams, guaranteeing their accuracy and authenticity.

The native token of the Kylin network platform is KYL. The KYL token plays a significant role in securing and supporting the decentralized data network.

The users need to stake the tokens with a high stake to accomplish the data requests. Users can use KYL tokens to pay transaction fees and query fees. Also, the token holders are eligible to vote for the upgrades related to the protocol and changes in the parameters on Kylin Network.

The Kylin Network team comprises twenty-one members from technical, financial, and marketing backgrounds. Kylin Network's skilled team hails from some of the most prestigious blockchain initiatives and companies, including Wharton, Columbia University, Harmony, Credit Suisse, and many others. Dylan Dewdney, a crypto enthusiast, is the project lead and the co-founder of Harbour DAO. The platform's launch took place in 2020, with the official whitepaper published in the same year.

The total supply of KYL tokens is one billion.

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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.

Market

Market stats

Market cap

$3.0M

Volume (24h)

-

Circulating supply

270.3M KYL

All time high

$0.0140

Market performance

Price change (1h)

-0.06%

Price change (1d)

-2.27%

Price change (1w)

-3.82%

Price change (2w)

-4.03%

Price change (1m)

-12.08%

Price change (1y)

-0.5%

News about Kylin

The Block • May 10, 24

Mark Cuban slams SEC’s Gary Gensler, says ‘crypto voters will be heard’ in the 2024 election

"Crypto is a mainstay with younger and independent voters," Mark Cuban wrote in a Friday social media post.

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BeInCrypto • May 10, 24

Layer3 Foundation to Launch L3 Token This Summer

Layer3 Foundation introduces its L3 token, enhancing Web3 governance across 545 ecosystems. This initiative promises significant community empowerment and progressive decentralized governance.The post Layer3 Foundation to Launch L3 Token This Summer appeared first on BeInCrypto.

Read more

News Article Image

BeInCrypto • May 10, 24

VELO Token Skyrockets 358%, Dubbed ‘XRP of Southeast Asia’

VELO, recognized as the "XRP of Southeast Asia," has seen a significant surge, with a 358% increase in value and enhancements in cross-border payments through smart contracts.The post VELO Token Skyrockets 358%, Dubbed ‘XRP of Southeast Asia’ appeared first on BeInCrypto.

Read more

News Article Image

BeInCrypto • May 10, 24

Ondo Finance to Launch RWA Payment Network

Ondo Finance and Zebec Network have partnered to innovate real-time payroll solutions using blockchain technology, enhancing efficiency and financial stability for businesses globally.The post Ondo Finance to Launch RWA Payment Network appeared first on BeInCrypto.

Read more

News Article Image

BeInCrypto • May 10, 24

Alan Scott Explains Why Vitalik Buterin Endorsed Railgun

Vitalik Buterin's endorsement of Railgun highlights its privacy-focused innovations in DeFi, leveraging zk-SNARKs and upcoming updates to ensure secure, private transactions.The post Alan Scott Explains Why Vitalik Buterin Endorsed Railgun appeared first on BeInCrypto.

Read more

News Article Image

Bitcoin Magazine • May 10, 24

America's Largest Bank JPMorgan Chase Discloses Spot Bitcoin ETF Holdings: SEC Filing

Hours after the third largest bank in America reveals its Bitcoin ETF holdings, the country's largest bank follows.

Read more

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Kylin is on the decline this week.

The price of Kylin has decreased by 0.06% in the last hour and decreased by 2.27% in the past 24 hours. Kylin’s price has also fallen by 3.82% in the past week. The current price is $0.0113 per KYL with a 24-hour trading volume of $0.00. Currently, Kylin is valued at 19.67% below its all time high of $0.0140. This all-time high was the highest price paid for Kylin since its launch.

The current circulating supply of Kylin is 270,259,840 KYL which means that Kylin has as total market cap of 270,259,840.

FAQ

What is the current price of Kylin?

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

What is the market cap of Kylin?

The current market cap of Kylin is $3.05M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Kylin?

The all-time high of Kylin is $0.0140. This all-time high is highest price paid for Kylin since it was launched.

What is the 24 hour trading volume of Kylin?

Over the last 24 hours, the trading volume of Kylin is $0.00.

What other assets are similar to Kylin?

Assets that have a similar market cap to Kylin include Venus Reward Token, DOSE, BaaSid, and many others. To see a full list, see our comparable market cap assets.

How many Kylin are there?

The current circulating supply of Kylin is 270 million.

Can I buy Kylin on Coinbase?

Yes, Kylin is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Kylin guide.

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.