REEF

Reef price
REEF
#841

$0.001465  

12.18% (1d)

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Reef statistics

Market cap
$33.42M

12.18%

Volume (24h)
$8.25M

62.09%

FDV
$33.42M
Vol/Mkt Cap (24h)
24.69%
Total supply
22.82B REEF
Max. supply
--
Circulating supply
22.82B REEF
REEF to USD converter
REEF
USD
Price performance
24h 
Low
$0.001313
High
$0.001466
All-time high
Mar 15, 2021 (4 years ago)
$0.05841
-97.49%
All-time low
Aug 30, 2024 (3 months ago)
$0.000589
+148.7%
See historical data


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About Reef

What Is Reef (REEF)?

Reef is a Reliable Extensible Efficient Fast Layer-1 Blockchain for DeFi, NFT & Gaming. Built using Substrate Framework, it provides high scalability, enabling almost instant low-cost transactions, and supports Solidity and EVM, allowing developers to seamlessly migrate their DApps from Ethereum without any change in the codebase.

Reef Chain is the most advanced EVM-compatible blockchain. It's self-upgradable and has on-chain governance. Its infrastructure also allows for EVM extensions which allows for native token bridge, scheduled calls (ie. recurring payments), and smart contract in-place code upgrades. In the near future, it will support additional VMs which will allow developers to write code in multiple programming languages. The network runs on a Nominated Proof-of-Stake (NPoS) consensus mechanism, which offers scalability and low fees.

REEF is the native token that is used for:

  • Fees for processing transactions and storing data.
  • Running validator nodes by staking REEF tokens.
  • Nominating which validator nodes should be part of the network.

Reef is backed by multiple leading funds and venture capitalists including NGC, QCP, Bitcoin.com, Kenetic Capital, LD Capital, TRG Capital, Krypital Group, Genesis Block, Woodstock Fund and others.

Reef Chain development tools include:

  • Remix and EVM integrated development environments for uploading and deploying smart contracts.
  • Reefscan blockchain explorer to assist with deploying validators, bonding and nominating validators, debugging contracts, and understanding network performance.
  • Reef command line tools that allow developers deploy applications from local environments.
  • Reef wallet for accessing and interacting with the blockchain

How Many REEF Coins Are There in Circulation?

Who Are the Founders of Reef?

Where Can I Buy Reef (REEF)?

What Makes Reef Chain Unique?

How Is the Reef Chain Network Secured?

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