Today's Kava price is $4.3086, which is up 8% over the last 24 hours. Kava's market cap is $117.16M. 24 hour KAVA volume is $64.83M. It has a market cap rank of 92 with a circulating supply of 27,190,672. Kava is traded on exchanges. Kava had an all-time high of $4.6454 4 days ago. Over the last day, Kava has had 55% transparent volume.
Kava is a DeFi platform that offers collaterized loans and stablecoins built with the Cosmos SDK. It aims to be cross-chain enabled bringing stablecoins to major crypto ecosystems such as BTC, BNB, ATOM and more.
KAVA token will act as a governance and staking token to secure the network and vote on key upgrades. USDX token will be issued as a stablecoin backed by crypto asset collateral.
Some calls it the <a href="https://www.coingecko.com/en/coins/maker">MakerDAO</a> on <a href="https://www.coingecko.com/en/coins/cosmos">Cosmos</a>. While USDX will be have similar to DAI, the USD stablecoin on Ethereum.Read More