Kava Price (KAVA)

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Crypto asset prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks.
KAVA to CZK:
1 Kava equals Kč 13.92 CZK-0.77%1D
Page last updated: 2024-12-13 11:39 (UTC+0)
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Price of KAVA today

The live price of Kava is Kč 13.92 per (KAVA / CZK) with a current market cap of Kč 15.08B CZK. 24-hour trading volume is Kč 726.35M CZK. KAVA to CZK price is updated in real-time. Kava is -0.77% in the last 24 hours with a circulating supply of 1.08B.
KAVA Price History CZK
Date ComparisonAmount Change% Change
TodayKč -0.1082-0.77%
30 DaysKč 4.613084+49.55%
60 DaysKč 5.591327+67.12%
90 DaysKč 6.466244+86.73%

KAVA Market Information

24h Low & High
Low: Kč 13.62
High: Kč 14.46
The highest and lowest price paid for this asset in 24 hours.
All Time High
Kč 219.24
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
+1.6%
The percentage change in price for this asset compared to 1 hour ago.
Price Change (24h)
-0.77%
The percentage change in price for this asset compared to 24 hours ago.
Price Change (7d)
-18.40%
The percentage change in price for this asset compared to 7 days ago.

KAVA Market Information

Popularity
#145
Popularity is based on the relative market cap of assets.
Market Cap
Kč 15.08B
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
Kč 726.35M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
1.08B
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
--
The total number of coins that will ever be created for the crypto asset, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
Kč 15.08B
The total number of coins that will ever be created for the crypto asset, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Issue Date
2019-10-25

What Can You Do With Kava (KAVA)?

Explore how to use your crypto assets with Binance.

About Kava (KAVA)

Kava is a decentralized blockchain built using the Cosmos SDK protocol and implemented through both Cosmos and Ethereum blockchains - making Kava a co-chain platform. Kava exists to make crypto borrowing and lending easy and permissionless through its efficient, co-chain network design. Due to its interoperability achieved through the Cosmos network, the Kava protocol can be bridged with other chains like the BNB Smart Chain.

Kava,incorporated under Kava Labs, was founded in 2018 by entrepreneurs Brian Kerr, Ruaridh O’Donnel and Scott Stuart. The company is based in tech-centered San Francisco, CA. The initial token sale was conducted in 2019 on the Binance Launchpad and the decentralized platform was later released in 2020.

Kava strives to make crypto borrowing simple by making loans available to individuals by locking from a choice of different cryptocurrencies into a secured smart contract. Once locked, users canreceive the agreed loan amount in a native Kava-created stablecoin, USDX. The USDX stablecoin is said to be overcollateralized as it is designed to remain tightly pegged to the US Dollar value.

The protocol operates as a Layer-1, making the ecosystem independent in nature, but compatible with other blockchains to easily integrate assets into the lending and borrowing scheme and Kava swap pools.

KAVA Cryptocurrency Token

The KAVA token serves as the platform's governance token, allowing holders to vote on protocol changes and upgrades. It also acts as a collateral asset for loans on the platform and is used for paying fees and participating in yield farming. Kava price is updated and available in real-time on Binance.

People Also Ask: Other Questions About Kava

  1. What is KAVA Used For?

    KAVA tokens are primarily used to reward Kava platform users who mint the native ecosystem stablecoin USDX. The stability of USDX is maintained through a system of collateralized loans, where KAVA tokens are used as collateral to back the stablecoin. If the value of the underlying KAVA collateral decreases, additional KAVA tokens must be added to maintain the stability of the USDX stablecoin. KAVA is also used in network governance functions to give users the ability to vote on ecosystem rules and policies that affect its direction.

  2. How Does Network Consensus and Validation Work on Kava?

    Kava uses an optimized co-chain Layer-1 blockchain design that combines the architecture of Cosmos and Ethereum in its fundamental network make-up. The Kava protocol uses the Cosmos Tendermint Proof-of-Stake (PoS) consensus mechanism to achieve settlement and finality within its network.

    The Tendermint scheme supports the co-chain environment of Cosmos and Ethereum, which gives Kava platform users access to swap dozens of assets for others, and engage in crypto lending and borrowing.

  3. Who Is The Founder of Kava?

    Kava Labs was co-founded by Brian Kerr, Ruaridh O’Donnel and Scott Stuart in 2018. The KAVA token was not launched until 2019, followed by the release of the Kava platform in 2020. Each of the Kava co-founders have documented backgrounds in business leadership positions.

  4. What is the Maximum Token Supply of KAVA?

    KAVA is an inflationary token, so the maximum supply is not established. At the time of writing, the current circulating supply of KAVA tokens stands at 405,613,992. It is reported that 100 million KAVA tokens were initially issued through three private sale rounds done on the Binance Launchpad at the launch of the KAVA token.

  5. What Makes Kava Different From Others?

    The Kava protocol is capable of bridging assets not only on Ethereum and Cosmos, but also related networks like the BNB Smart Chain and others, built from the same underlying EVM network infrastructure. Kava makes crypto borrowing and lending simple through its network design and reportedly fast transaction settlement.

    The co-chain architecture implemented in the Kava network design makes it compatible to add over 30 assets within the platform for crypto swapping, borrowing and lending

  6. How To Buy KAVA Token?

    KAVA can be purchased directly from Binance by using a debit or credit card. KAVA can also be traded for other cryptocurrencies on the Binance exchange. Live KAVA price is updated in real-time on Binance. Additionally, KAVA price and purchase information is available  on our How to Buy Kava (KAVA) Guide.

  7. How Much Will KAVA Token Be Worth in the Future?

    Check out our KAVA Token Price Prediction page — when deciding on your own price targets. Data displayed are based on user input and not Binance's opinion.

KAVA to Local Currency

FiatPriceOperation
1 KAVA to USD$ 0.58374
1 KAVA to TRY$ 0.58374
1 KAVA to RUB$ 0.58374
1 KAVA to EUR$ 0.58374
1 KAVA to AED$ 0.58374
1 KAVA to AUD$ 0.58374
1 KAVA to BRL$ 0.58374
1 KAVA to VND$ 0.58374
1 KAVA to IDR$ 0.58374
Last updated 2024/12/13 11:39 (UTC)

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