The Anchor Token (ANC) is Anchor Protocol's governance token. ANC tokens can be deposited to create new governance polls, which can be voted on by users that have staked ANC.
ANC is designed to capture a portion of Anchor's yield, allowing its value to scale linearly with Anchor's assets under management (AUM). Anchor distributes protocol fees to ANC stakers pro-rata to their stake, benefitting stakers as adoption of Anchor increases — stakers of ANC are incentivized to propose, discuss, and vote for proposals that further merit the protocol.
ANC is also used as incentives to bootstrap borrow demand and initial deposit rate stability. The protocol distributes ANC tokens every block to stablecoin borrowers, proportional to the amount borrowed.
As of Apr 6, 2026, Anchor Protocol trades at $0.00295.
Anchor Protocol has a market capitalization of $1,034,742.50.
Anchor Protocol has a 24-hour trading volume of $55,589.98.
Anchor Protocol has increased by 1.70% over the last hour.
Anchor Protocol has increased by 1.70% over the last 24 hours.
Anchor Protocol has increased by 0.28% over the last 7 days.
Anchor Protocol is currently —.
Anchor Protocol is currently —.
Anchor Protocol has a circulating supply of 350,381,852.32.
Anchor Protocol has a total supply of 1,000,000,000.
Anchor Protocol has a fully diluted valuation of $2,953,185.20.
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