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Vai (VAI) is not tradable on Coinbase.

Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more

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Vai

VAI

About Vai

Vai (VAI) is a decentralized stablecoin that operates on the Venus Protocol, which is built on a certain blockchain. Vai is a decentralized stablecoin on this blockchain that is backed by a basket of stablecoins and other crypto assets without centralized control. The Venus Protocol, which powers Vai, was launched in 2019 and is governed by the XVS token. The XVS token was designed to be a fair launch cryptocurrency with no preliminary allocation to the project’s founders or its team. Vai, being powered by this blockchain, strives to provide its users with a high-speed, low-fee market.

Vai operates on the Venus Protocol, which introduces a user-friendly crypto-asset lending and borrowing solution to the decentralized finance (DeFi) ecosystem. The protocol allows users to directly borrow against collateral at higher speed and lower transaction fees. Users can mint the VAI stablecoin on demand by providing at least 200% collateral onto the Venus smart contract. The loans are provided from a pool contributed by Venus users, who may be compensated with an annual percentage yield (APY) for their contributions. The Venus Protocol also utilizes price feed oracles that provide accurate pricing data. The Vai network operates on this blockchain, which uses the proof-of-staked authority (POSA) consensus mechanism.

Vai strives to provide a platform for users to borrow against collateral at higher speed and lower transaction fees. Users can mint the VAI stablecoin on demand by providing at least 200% collateral onto the Venus smart contract. This eliminates the need for credit checks and allows users to take out a loan by interacting with the Venus decentralized application (DApp). As it is not governed by a central authority, Venus users are not subjected to arbitrary restrictions and can always source desired liquidity by posting sufficient collateral. This makes Vai a potential tool for individuals who want to leverage their crypto assets without selling them.

Vai was launched as part of the Venus Protocol in 2019. The Venus Protocol was designed to be a fair launch cryptocurrency with no preliminary allocation to the project’s founders or its team. The protocol is governed by the XVS token, which can be mined by liquidity suppliers, protocol borrowers, and stablecoin miners. The Vai network operates on this blockchain, which uses the proof-of-staked authority (POSA) consensus mechanism. Vai (VAI) has a circulating supply of tokens and a total supply.

Market

Market stats

Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more

Market cap

$4.1M

Volume (24h)

$119,939.50

Circulating supply

4.1M VAI

All time high

$4.76

Market performance

Price change (1h)

-0.01%

Price change (1d)

-0.07%

Price change (1w)

-0.21%

Price change (2w)

-0.26%

Price change (1m)

-0.27%

Price change (1y)

+1.49%

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Vai is on the decline this week.

The price of Vai has decreased by 0.01% in the last hour and decreased by 0.07% in the past 24 hours. Vai’s price has also fallen by 0.21% in the past week. The current price is $1.00 per VAI with a 24-hour trading volume of $119.94K. Currently, Vai is valued at 79.06% below its all time high of $4.76. This all-time high was the highest price paid for Vai since its launch.

The current circulating supply of Vai is 4,071,819.634 VAI which means that Vai has as total market cap of 4,071,819.634.

FAQ

What is the current price of Vai?

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

What is the market cap of Vai?

The current market cap of Vai is $4.06M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Vai?

The all-time high of Vai is $4.76. This all-time high is highest price paid for Vai since it was launched.

What is the 24 hour trading volume of Vai?

Over the last 24 hours, the trading volume of Vai is $119.94K.

What other assets are similar to Vai?

Assets that have a similar market cap to Vai include Gracy, IQ Protocol, MetaBeat, and many others. To see a full list, see our comparable market cap assets.

How many Vai are there?

The current circulating supply of Vai is 4.1 million.

Can I buy Vai on Coinbase?

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