KAR

KaruraKarura price 
KAR

$0.1042  

1.45% (1d)

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Karura statistics
Market cap
 

1.45%

$10,241,501
#875
Volume (24h)
 

10.43%

$176,142
#1748
Volume/Market cap (24h)
 
1.72%
Circulating supply
 
98,270,832 KAR
61.42%
Total supply
 
100,000,000 KAR
Max. supply
 
160,000,000 KAR
Fully diluted market cap
 
$16,674,736
KAR to USD Converter
KAR
USD
Price performance
24h 
Low
$0.1032
High
$0.1086
All-time high
Sep 16, 2021 (2 years ago)
$13.18
-99.21%
All-time low
Jul 20, 2021 (2 years ago)
 
No Data
See historical data
Popularity
In watchlists35,247x
859th / 8.8K
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About Karura

What Is Karura (KAR)?

Karura is an all-in-one decentralized finance (DeFi) hub and stablecoin platform built on Kusama (KSM) and integrated into Polkadot (DOT). Karura was created by the Acala Network, which has won four Web3 Foundation grants and founded the Substrate Developer Academy.

To learn more about this project, check out our deep dive of Karura.

Both Karura and Acala are backed by multiple funds, including Coinbase Ventures, Pantera Capital, Polychain Capital and Hypersphere. Karura and Acala operate in parallel. Specifically, Karura is implementing DeFi on Kusama in the same way that Acala is offering DeFi on Polkadot. The network is built with almost the same codebase as Acala: the two platforms provide scalable, convenient and fast DeFi cross-chain ecosystems for Kusama and Polkadot.

Parachain Karura is a platform that allows users to create effective, low-cost and complex financial applications, saving time and increasing trading efficiency.

The platform itself provides a multi-collateralized stablecoin backed by cross-chain assets (kUSD), a trustless staking derivative (liquid KSM), and an automated market maker (AMM) decentralized exchange (DEX) for unlocking liquidity and supporting financial innovation.

Karura is the decentralized financial hub of Kusama, a scalable multi-chain network for radical innovation and early-stage Polkadot deployments. Karura is the sister network to Acala. It hosts multichain liquid staking token (LST) protocols (such as liquid KSM - LKSM), an AMM decentralized exchange, and an app platform that is EVM-compatible and highly customizable (based on Substrate). Karura is secured by Kusama, and is the liquidity gateway of Kusama parachains, Acala and L1/L2 blockchains

Who Are the Founders of Karura?

What Makes Karura (KAR) Unique?

How Many Karura (KAR) Coins Are There in Circulation?

How Is the Karura Network Secured?

Where Can You Buy Karura (KAR)?

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