coin icon

KAVA Price

(KAVA)

$0.04477
0.00%(5m)

1m5m15m1h8h1d1W
KAVA (KAVA) Live Price Chart

    KAVA Live Price Data

    The live price of KAVA is 0.04477, with a total trading volume of -- in the last 24 hours. The price of KAVA changed by 0% in the past day, and its value has increased by +1.03% over the last week. With a circulating supply of 1.08B KAVA, the market cap of KAVA is currently 0 , marking a 0% increase today. KAVA currently ranks #391 in market cap.

    How do you feel about KAVA today?

    Note: This data is for reference only.
    pk

    KAVA(KAVA) Profile

    altRank391
    rateBBB
    Expand
    $0.04447
    $0.04521

    ATH
    $9.19263002
    Price Change (1h)
    -0.28%
    Price Change (24h)
    0.00%
    Price Change (7d)
    +1.03%
    Market Cap
    24h Volume
    Circulating Supply
    1.08B
    Max Supply
    1.08B

    About KAVA

    • What Is Kava (KAVA) Crypto?

      Kava Chain is a decentralized, open-source, permissionless, censorship-resistant public blockchain built using the Cosmos SDK. In addition to the interoperability feature like other blockchains within the Cosmos ecosystem, the Kava Chain also includes Kava EVM for Ethereum compatibility, letting developers deploy their Ethereum-based dApps on its infrastructure conveniently.

      The Kava blockchain offers a high throughput and low transaction fees and is a promising blockchain to develop and power the Web3 revolution. The Kava Protocol - a set of rules programmed into the blockchain, also supports advanced DeFi functionality on Kava, making it an attractive platform for decentralized finance.

      Kava supports smart contracts by using modules known as CDP hardcoded into its protocol. CDP, short for Collateralised Debt Position, is a new automated loan contract that lets users use crypto assets as collateral to mint stablecoins on the blockchain.

      $KAVA is one of two native crypto assets of the Kava Chain, the other being $HARD. KAVA serves as the governance token of the network and can also be staked on the Proof of Stake (PoS) blockchain to contribute to its consensus mechanism and security.

    • How Does Kava Work?

      Kava is a secure and scalable Layer-1 blockchain developed with Cosmos SDK and has EVM (Ethereum Virtual Machine) compatibility. This feature lets Kava connect with other blockchains within the Cosmos network using the IBC (Inter Blockchain Communication) protocol.

      Its EVM compatibility lets developers code and build dApps for the blockchain using Solidity - the leading program for Ethereum-based decentralized applications (dApps). However, using Cosmos SDK and Tendermint consensus gives Ethereum developers a platform with higher throughput and efficiency to deploy scalable and cost-effective projects.

      Kava features a native stablecoin, USDX, loosely pegged to the US dollar and minted by opening a Kava CDP. Kava Chain also lets users issue other tokens, including non-native tokens in a wrapped or tokenized form representing other assets within its ecosystem.

      DeFi users can mint USDX using their existing crypto assets for staking as collateral. The overcollateralized stablecoin lets lenders borrow two-thirds of the collateral amount and use it for various purposes.

    • When Was Kava Coin Launched?

      Kava Labs is the firm responsible for developing the Kava blockchain and was co-founded by Brian Kerr, Ruaridh O’Donnell, and Scott Stuart. The blockchain’s mainnet was launched by the company in November 2019.

      The Kava Lending Platform went live in June 2020, while “Gateway” with support for HARD Protocol was launched in October 2020. Kava’s mainnet upgrade in January 2022 enabled the IBC protocol, bringing interoperability features to the blockchain.

      After its development began in December 2021, the Ethereum Co-Chain with Kava EVM went live in May 2022. Kava’s DeFi offering, Kava Earn, was introduced in June 2022, letting users put their crypto assets to work and earn interest on them.

      The next significant update in the Kava roadmap was the launch of Curve Finance on the network in September 2022. This critical development encouraged more DeFi activity on the network by bringing one of the largest DeFi protocols to its ecosystem.

    FAQ

    • How much is 1 KAVA (KAVA) worth?

    • Is Kava (KAVA) a Good Investment?

    • What Is the KAVA Price Prediction?

    • How to Stake KAVA on Kava Chain

    • Who Are the Competitors of Kava?

    • What is the all-time high price of KAVA (KAVA)?

    • What is the all-time low price of KAVA (KAVA)?

    • How much KAVA (KAVA) is there in circulation?

    • How do I store KAVA (KAVA)?