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Rai Reflex Index


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Market stats

Market cap


Volume (24h)


Circulating supply

1.8M RAI

Typical hold time

7 days



All time high


Price change (1h)


Price change (24h)


Price change (7d)


About Rai Reflex Index

Please note: Whilst this token may be described as a ‘stable’ asset its value is not designed to be pegged to any fiat currency (e.g. Pounds Sterling or US dollars) and its price may therefore fluctuate. This token relies on complex algorithmic arrangements and is collateralised by Ether (ETH), meaning its value could decline or become volatile. Please visit https://www.coinbase.com/asset-risks for more information on asset risks. RAI is an Ethereum token. The RAI-USD exchange rate is determined by supply and demand while the protocol that issues RAI tries to stabilize its price by constantly de- or re-valuing it. The supply and demand mechanic plays out between two parties: SAFE users (those who generate RAI with their ETH) and RAI holders (those who hold, speculate on or use RAI in other protocols and apps).

What Is Rai Reflex Index (RAI)?

RAI is an Ethereum-based token designed for price stability. Its value in relation to the US dollar fluctuates based on supply and demand. The protocol governing RAI continuously adjusts its value to stabilize its price. This supply and demand dynamic involves two main parties: SAFE users, who generate RAI with their ETH, and RAI holders, who either hold RAI, or use it in various protocols and applications. RAI's primary goal is to mitigate Ethereum's price volatility and serve as a more dependable form of collateral in DeFi applications.

Reflexer is a platform where users can use their crypto assets as collateral to create reflex indexes, which are non-pegged stable assets.

Rai Reflex Index (RAI) is the first ‘stablecoin’ on the Reflexer platform, inspired by Maker. RAI is unique because it's not pegged to any specific value but is solely backed by ETH collateral. Similar to RAI's overarching goal, it seeks to provide a more ‘stable’ alternative to Ether as collateral in the DeFi space. Reflexer aims to establish a governance-minimized and non-pegged ‘stable’ asset ecosystem that operates independently of traditional currencies. To achieve this, Reflexer has developed the GEB protocol, which utilizes a smart contract framework incorporating a PID controller for autonomous stabilization. The PID controller is a type of control system that influences future values in a time series. It adapts continuously, even without predictions, with "P" referring to the current measurement, "I" to past values, and "D" to expected future changes. The RAI platform intends to employ this PID controller to maintain price stability in the market.

RAI's monetary policy is governed by an on-chain, autonomous controller, offering flexibility. This means that the protocol can devalue or revalue RAI in response to market price changes.

RAI has several intended use cases, including portfolio diversification to provide less exposure to ETH's price fluctuations, a source of yield for traders when RAI's market price aligns with the redemption price, acting as alternative DeFi collateral or complementing ETH in DeFi protocols due to its ability to dampen Ether's price movements, and serving as a reserve asset for DAOs seeking exposure to ETH without being overly impacted by market swings.

History of Rai Reflex Index (RAI)

Reflexer Labs are the creators of RAI . The Reflexer Labs team includes Ameen Soleimani and Stefan Ionescu. Ameen Soleimani is the cofounder of SpankChain, an Ethereum -based micropayment processor, and Stefan Ionescu worked previously at Binance X in research and development.

How to Buy Rai Reflex Index (RAI) Token

The RAI token can be traded at an exchange, including Coinbase.


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Some highlights about Rai Reflex Index on social media

6 unique individuals are talking about Rai Reflex Index and it is ranked #3,905 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Rai Reflex Index has an average sentiment score of 0.4 out of 5. Finally, Rai Reflex Index is becoming more newsworthy, with 0 news articles published about Rai Reflex Index. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly bullish about Rai Reflex Index. There were 50% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Rai Reflex Index. 50% of tweets were neutral about Rai Reflex Index. These sentiments are based on 4 tweets.

On Reddit, Rai Reflex Index was mentioned in 0 Reddit posts and there were 0 comments about Rai Reflex Index. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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6 people


3 posts



Volume rank


Average Sentiment

0.4 out of 5


Coinbase Bytes

Coinbase Bytes

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Rai Reflex Index is on the rise this week.

The price of Rai Reflex Index has risen by 0.77% in the past 7 days. The price increased by 2.06% in the last 24 hours. In just the past hour, the price shrunk by 0.00%. The current price is $2.78 per RAI. Rai Reflex Index is 33.65% below the all time high of $4.19.

The current circulating supply is 1,805,217.079 RAI.


What is the current price of Rai Reflex Index?

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

What is the market cap of Rai Reflex Index?

The current market cap of Rai Reflex Index is $5.02M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Rai Reflex Index?

The all-time high of Rai Reflex Index is $4.19. This all-time high is highest price paid for Rai Reflex Index since it was launched.

What is the 24 hour trading volume of Rai Reflex Index?

Over the last 24 hours, the trading volume of Rai Reflex Index is $127.11K.

What other assets are similar to Rai Reflex Index?

Assets that have a similar market cap to Rai Reflex Index include SwftCoin, $REKT, Everton Fan Token, and many others. To see a full list, see our comparable market cap assets.

How many Rai Reflex Index are there?

The current circulating supply of Rai Reflex Index is 1.8 million.

What is the typical holding time of Rai Reflex Index?

The median time that Coinbase customers hold Rai Reflex Index before selling it or sending it to another account or address is 7 days.

What is the relative popularity of Rai Reflex Index?

Rai Reflex Index ranks 241 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Rai Reflex Index?

Currently, 67% of Coinbase users are buying Rai Reflex Index. In other words, 67% of Coinbase customers have increased their net position in Rai Reflex Index over the past 24 hours through trading.

Can I buy Rai Reflex Index on Coinbase?

Yes, Rai Reflex Index is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Rai Reflex Index guide.

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