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Kava (KAVA) price, chart, coin profile and news

Find the latest Kava (KAVA) price, coin profile, news and history to get you started with Kava trading and investing.

Kava
KAVA- USD
$0.90
+ $0.04 ( + 4.61%)
LENDING-BOROWING

What is Kava?

Kava is a DeFi lending platform designed to allow you to earn high returns on your cryptocurrency by lending it out and using it as collateral for stablecoin loans. Kava’s native stablecoin is USDX, while KAVA is the native utility token of the network.

Kava allows you to lock up cryptocurrency as collateral, similar to other Ethereum-based DeFi projects. However, one of its key differentiators is that it leverages the interoperability features of the Cosmos network to allow a wide range of cryptocurrencies to be more easily used as collateral.

The cryptocurrency deposited into Kava collectively becomes the collateral for USDX stablecoins, which are pegged to the US dollar. The network is over-collateralised, giving people assurance that the USDX stablecoin can always be safely redeemed for US$1 of value.

There are 2 key use-cases for the Kava platform: lock crypto collateral in a smart contract to withdraw USDX or stake USDX to earn interest.

Kava (KAVA) is the 109th largest cryptocurrency in the world by market cap, valued at $286,924,967. The current price of Kava is $0.862348, which is -0.937% lower than yesterday. Prices have ranged between $0.96148 and $0.806437 over the past 24 hours. All prices are listed in US dollars and accurate as of November 28, 2022 04:11 UTC.


Kava (KAVA) price

Use our graph to track the performance of (KAVA) over time.

Kava at a glance

Information last updated November 28, 2022 04:11 UTC.
Coin symbol KAVA
Coin Marketcap US$286,924,967
Total KAVA supply 334,052,593
Circulating KAVA 334,082,135
Current price US$0.862348
All time high US$9.12
Notable team members Brian Kerr
Partnerships Celer Network, Hummingbot
Industry Stablecoins
Token uses Governance, staking rewards
Network Cosmos

Kava price performance over time

Historical prices compared with the price of US$0.862348.

1 hour 0.68%
24 hours -0.94%
7 days 4.82%
14 days -7.26%
30 days -42.11%
60 days -45.75%
200 days -55.33%
1 year -82.62%

Disclaimer: Cryptocurrencies, including Kava, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of KAVA is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Kava or any other cryptocurrency discussed.

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