About Orca AVAI
AVAI is an asset that is pegged to the US Dollar; in other words, a coin intended to float as close to $1.00 USD as possible. It will be backed by locking tokens as collateral in a personal Vault in a Orca Bank as well as via other mechanisms described in the technical overview. The entire process is decentralized and does not use a middleman such as a financial institution, meaning simply that the user is in full control of their funds at all times. An Orca Bank is the contract that allows a user to deposit a specific ERC20 as collateral, granting AVAI in return. Using the USDC token as an example, if a user deposits $150 USD worth of collateral funds into a Vault, they will have the ability to borrow up to 100 AVAI, worth $100 USD. This grants them the opportunity to invest a total of $250 USD, while owing a stable $100 USD.
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Trading Insights
Market Stats
Market Cap
Not enough data
FDV
Not enough data
Circ. Supply
Not enough data
Max Supply
Not enough data
Total Supply
2.2M AVAI
Diluted Valuation
$1.49M
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
$3.37
33.42%
Volume (7D)
Not enough data
Volume (30D)
$33.78
All time high
$0.7749
Price Change (1Y)
Not enough data
26.45%
Additional details
Market details
AVAI vs markets
↗ 44.81%
AVAI vs BTC
↗ 57.63%
AVAI vs ETH
↗ 11.17%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Avalanche C-Chain | 0x346A59146b9b4a77100D369a3d18E8007A9F46a6 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.6768 | |
1 Day | $0.677 | |
1 Week | $0.6751 | |
1 Month | $0.4857 | |
1 Year | $0.5352 |
FAQ
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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