Acala
ACA Price
Acala (ACA) offers a cross-chain DeFi hub with stablecoin, DEX, and liquidity protocol. More
| Fully Diluted Valuation | $39.96M |
|---|---|
| 24H Trading Volume | $4.88M |
| 24H Low / High | $0.02 / $ 0.02 |
| Circulating Supply | 1.17 B |
| Total Supply | 1.60 B |
| Max Supply | 1.60 B |
| Categories | Coinbase Ventures Portfolio 5 more |
|---|---|
| Founder | Ruitao Su 1 more |
| Website | acala.network |
| Socials | 3 more |
| Chains | Acala Ecosystem |
| Explorer | Subscan |
| Name | Pair | OG Score |
|---|
Acala (ACA): Building a Decentralized Finance Hub on Polkadot
Acala (ACA) is a decentralized finance (DeFi) platform founded in 2019 by Ruitao Su and Bryan Chen. The platform is built on Substrate, the framework for building blockchain networks on Polkadot, with the aim of creating a cross-chain open financial hub.
Features and Services
Acala offers a range of financial applications, including a stablecoin, decentralized exchange (DEX), and liquidity protocol. The stablecoin, aUSD, is designed to be stable and decentralized, backed by a basket of diversified assets. The DEX allows for decentralized trading of cryptocurrencies, while the liquidity protocol enables users to earn rewards by providing liquidity to the platform.
Interoperability and Ecosystem
Acala is built on Polkadot, which enables cross-chain interoperability with other chains in the Polkadot ecosystem. This interoperability allows Acala to leverage the security and scalability of the Polkadot network while also connecting to other chains to expand its ecosystem.
Partnerships and Backers
Acala has received backing from several prominent investors and partners, including Polychain Capital, Coinbase Ventures, and Pantera Capital. These partnerships provide Acala with the resources and support needed to further develop its platform and expand its reach.
Acala (ACA) is a promising project in the DeFi space, offering a range of financial applications and services on the Polkadot network. With its focus on interoperability, stability, and decentralization, Acala is well-positioned to become a key player in the evolving DeFi ecosystem.
Acala offers a cross-chain DeFi hub on Polkadot with a stablecoin, DEX, and liquidity protocol, providing comprehensive financial services.
Acala was founded by Ruitao Su and Bryan Chen in 2019.
Acala has received backing from prominent investors and partners, including Polychain Capital, Coinbase Ventures, and Pantera Capital.
You can buy Acala (ACA) on Binance, Bitget, OKX, KrakenMEXC cryptocurrency exchanges.
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There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of Acala (ACA) is ($1,166,666,660), max supply of Acala ACA is ($1,600,000,000) and the market cap of Acala ACA is ($29,137,013).
What is the Acala (ACA) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of Acala (ACA) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
It is important to do comprehensive research before deciding whether Acala (ACA) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:
Is this type of digital asset considered legal in your country?
Does Coin (Acala ACA) solve a good problem or offer the best solution?
Do products and services work effectively, and solutions are scalable?
Does the team have a realistic roadmap and can catch up with it?
Does Acala (ACA) have reasonable and sustainable revenue income models?
Can the team market their products and services well?
How decentralized is the governance and how strong is the community?
Has it reached its fair market value yet?
Does the coin/token have enough trading pairs and liquidity?
As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether Acala (ACA) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.
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