Today's Kava price is $2.6336, which is down 10% over the last 7 days. Kava's market cap is $77.54M. 1 week KAVA volume is $102.72M. It has a market cap rank of 110 with a circulating supply of 29,442,227 and max supply of 29,442,227. Kava is traded on exchanges. Kava had an all-time high of $5.0775 about 1 month ago. Over the last week, Kava has had 41% 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