About Elk Finance
Elk Finance is a decentralized network for cross-chain liquidity. The Elk ecosystem makes it seamless for anyone to move value and exchange cryptocurrencies across blockchains more quickly and securely, all at a low cost. Elk’s robust and intuitive architecture also allows developers to build and integrate smart contracts and DeFi applications on top of the Elk platform in order to leverage its cross-chain functionality. Our mission is to enable cheap, fast, safe cross-chain value exchange across all blockchains. We hope to see a future where the crypto community becomes even more inclusive and where walls between chains are a thing of the past. Elk Finance has already launched on the Avalanche, Polygon, Fantom Opera and Huobi Eco networks. The ElkNet bridge that allows cross-chain transfers is live & provides the functionality to move $ELK between all chains in about 7 seconds with no fee.
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Trading Insights
Traders
8
Market Stats
Market Cap
ARS 592.53M
-6.01%
FDV
ARS 1.56B
Circ. Supply
16M ELK
Max Supply
42M ELK
Total Supply
42M ELK
Diluted Valuation
ARS 1.55B
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
ARS 1.73M
51.47%
Volume (7D)
ARS 5.21M
Volume (30D)
ARS 16.23M
All time high
ARS 6.62K
Price Change (1Y)
-70.5%
Additional info about Elk Finance
Recent trends
The latest ELK price is ARS 36.70. Compared to Elk Finance's value of ARS 38.90 from 24 hours ago, there's been a -6% decrease, while the current price is -4% down from ARS 37.86 which was recorded one week ago. Elk Finance's all time high is ARS 6,618.69, which was reached on January 20, 2022. This is a -99% change from its price today.
The current circulating supply of Elk Finance is 16,134,216. This is 38% of its max supply of 42,424,242 ELK and 38% of its total supply of 42,424,242. The market cap is currently ARS 592.53M, which is a result of multiplying the current price of Elk Finance(ARS 36.70) by the total supply(42,424,242 ELK). The fully diluted valuation of Elk Finance is ARS 1.56B. The diluted valuation of Elk Finance is ARS 1.56B.
Market details
ELK vs markets
↘ 77.79%
ELK vs BTC
↘ 81.28%
ELK vs ETH
↘ 59.25%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Polygon | 0xE1C110E1B1b4A1deD0cAf3E42BfBdbB7b5d7cE1C | |
Avalanche C-Chain | 0xE1C110E1B1b4A1deD0cAf3E42BfBdbB7b5d7cE1C | |
BNB Smart Chain | 0xeEeEEb57642040bE42185f49C52F7E9B38f8eeeE | |
Optimism | 0xeEeEEb57642040bE42185f49C52F7E9B38f8eeeE |
Price history
Time | Price | Change |
|---|---|---|
Today | ARS 36.70 | ↘ 5.75% |
1 Day | ARS 38.90 | ↘ 5.75% |
1 Week | ARS 37.86 | ↘ 4.38% |
1 Month | ARS 43.59 | ↘ 17.32% |
1 Year | ARS 92.75 | ↘ 70.50% |
FAQ
Elk Finance is a decentralized network that enables cross-chain value transfers and interoperability between blockchains. The network aims to improve blockchain interoperability while minimizing diversity. ElkNet is recognized as Elk Network's effective cross-chain engine. ElkNet enables safe and reliable value and information exchanges amongst blockchains by eliminating complexity and asset segmentation. Elk Finance's goal is to offer people an easy and inexpensive solution to move value across chains.
According to the litepaper, Elk Finance intends to support cross-chain exchanges of arbitrary tokens at sub-second speeds. The platform seeks to accomplish quick, trustless, and inexpensive exchanges between chains by combining a unique liquidity pooling technology with a decentralized peer-to-peer network. Elk focuses on offering Impermanent Loss Protection (ILP), which protects users from being penalized for providing liquidity.
The Elk Finance system aims at offering specific functions, such as calling smart contracts across chains and enabling smart contracts on multiple chains to communicate. The platform aims to leverage liquidity on one chain to obtain stablecoin finance. In addition, the network supports cross- or multi-chain synthetic assets (proxy tokens), including the use of an SDK that allows developers to create on top of ElkNet and facilitates cross-chain trading. Elk Finance looks forward to releasing a stablecoin called CHFT to make cross-chain value transfers and payments as safe as possible. CHFT is classified as a cross-chain stablecoin with a gyroscopic construction.
ELK is the governance token of the Elk Finance network. The ELK token is an ERC-20-compliant utility token that serves as the foundation of the Elk Finance ecosystem. ELK is exchangeable and utterly interoperable with EVM wallets and wallets on supported chains.
Ba'al launched the Elk finance network in 2021. Ba'al, a systems engineer and early blockchain astronaut, founded Elk Finance. The total supply of Elk finance tokens is 42424242 Elk coins.
We update our Elk Finance to ARS currency in real-time. Get the live price of Elk Finance on Coinbase.
The current market cap of Elk Finance is ARS 592.53M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Elk Finance is ARS 6,618.69. This all-time high is highest price paid for Elk Finance since it was launched.
Over the last 24 hours, the trading volume of Elk Finance is ARS 1.73M.
Assets that have a similar market cap to Elk Finance include rexwifhat, Chinese Elon Musk, Swappi, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Elk Finance is 16 million.
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