About Vai
VAI is Venus Protocol’s native decentralized stablecoin. It is minted and redeemed directly on the Venus platform.
Earn $50 when you buy $50 in crypto
Sign me upTrading Insights
Searched
1
Market Stats
Market Cap
ARS 3.15B
0.05%
FDV
ARS 10.01B
Circ. Supply
2.7M VAI
Max Supply
8.5M VAI
Total Supply
2.7M VAI
Diluted Valuation
ARS 5.38B
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
ARS 6.43M
-84.06%
Volume (7D)
ARS 45.13M
Volume (30D)
ARS 205.25M
All time high
ARS 5.62K
Price Change (1Y)
0.1%
Additional info about Vai
Recent trends
The latest VAI price is ARS 1,179.23. Compared to Vai's value of ARS 1,176.88 from 24 hours ago, there's been a 0% increase, while the current price is -0% down from ARS 1,155.83 which was recorded one week ago. Vai's all time high is ARS 5,620.05, which was reached on December 19, 2023. This is a -79% change from its price today.
The current circulating supply of Vai is 2,670,259. This is 31% of its max supply of 8,484,461 VAI and 100% of its total supply of 2,670,259. The market cap is currently ARS 3.15B, which is a result of multiplying the current price of Vai(ARS 1,179.23) by the total supply(2,670,259 VAI). The fully diluted valuation of Vai is ARS 10.01B. The diluted valuation of Vai is ARS 10.01B.
Market details
VAI vs markets
↘ 27.32%
VAI vs BTC
↘ 36.93%
VAI vs ETH
↗ 40.97%
Tags
defi
stablecoin
asset-backed-stablecoin
usd-stablecoin
Network & Addresses
Network | Address | |
---|---|---|
BNB Smart Chain | 0x4BD17003473389A42DAF6a0a729f6Fdb328BbBd7 |
Price history
Time | Price | Change |
---|---|---|
Today | ARS 1,179.23 | ↗ 0.08% |
1 Day | ARS 1,176.88 | ↗ 0.08% |
1 Week | ARS 1,155.83 | ↘ 0.13% |
1 Month | ARS 1,150.63 | ↘ 0.12% |
1 Year | ARS 1,124.80 | ↗ 0.10% |
FAQ
Vai (VAI) is a decentralized stablecoin that operates on the Venus Protocol, which is built on a certain blockchain. Vai is a decentralized stablecoin on this blockchain that is backed by a basket of stablecoins and other crypto assets without centralized control. The Venus Protocol, which powers Vai, was launched in 2019 and is governed by the XVS token. The XVS token was designed to be a fair launch cryptocurrency with no preliminary allocation to the project’s founders or its team. Vai, being powered by this blockchain, strives to provide its users with a high-speed, low-fee market.
Vai operates on the Venus Protocol, which introduces a user-friendly crypto-asset lending and borrowing solution to the decentralized finance (DeFi) ecosystem. The protocol allows users to directly borrow against collateral at higher speed and lower transaction fees. Users can mint the VAI stablecoin on demand by providing at least 200% collateral onto the Venus smart contract. The loans are provided from a pool contributed by Venus users, who may be compensated with an annual percentage yield (APY) for their contributions. The Venus Protocol also utilizes price feed oracles that provide accurate pricing data. The Vai network operates on this blockchain, which uses the proof-of-staked authority (POSA) consensus mechanism.
Vai strives to provide a platform for users to borrow against collateral at higher speed and lower transaction fees. Users can mint the VAI stablecoin on demand by providing at least 200% collateral onto the Venus smart contract. This eliminates the need for credit checks and allows users to take out a loan by interacting with the Venus decentralized application (DApp). As it is not governed by a central authority, Venus users are not subjected to arbitrary restrictions and can always source desired liquidity by posting sufficient collateral. This makes Vai a potential tool for individuals who want to leverage their crypto assets without selling them.
Vai was launched as part of the Venus Protocol in 2019. The Venus Protocol was designed to be a fair launch cryptocurrency with no preliminary allocation to the project’s founders or its team. The protocol is governed by the XVS token, which can be mined by liquidity suppliers, protocol borrowers, and stablecoin miners. The Vai network operates on this blockchain, which uses the proof-of-staked authority (POSA) consensus mechanism. Vai (VAI) has a circulating supply of tokens and a total supply.
We update our Vai to ARS currency in real-time. Get the live price of Vai on Coinbase.
The current market cap of Vai is ARS 3.15B. A high market cap implies that the asset is highly valued by the market.
The all-time high of Vai is ARS 5,620.05. This all-time high is highest price paid for Vai since it was launched.
Over the last 24 hours, the trading volume of Vai is ARS 6.43M.
Assets that have a similar market cap to Vai include CENNZnet, Sylo, TERMINUS, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Vai is 2.7 million.
Earn $50 when you buy $50 in crypto
Restrictions apply. Promo code expires June 20th, 2025.
Social stats
Popularity in posts
#566
Contributors
7,444
Posts
9,786
% About Vai
0.073%
Hold times
0 days
X (Twitter)
0.18% bullish
Sentiment
3.8 ★
Highlights
7,444 unique individuals are talking about Vai and it is ranked #566 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Vai has an average sentiment score of 76 out of 5. Finally, Vai is becoming less newsworthy, with 0 news articles published about Vai.
On Twitter, people are mostly neutral about Vai. There were 0.18% of tweets with bullish sentiment compared to 0.14% of tweets with a bearish sentiment about Vai. 99.82% of tweets were neutral about Vai. These sentiments are based on 1527 tweets.
On Reddit, Vai was mentioned in 432 Reddit posts and there were 6828 comments about Vai. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
Powered by LunarCrush
Vai calculator
Related assets
Discover conversions
Popular cryptocurrencies
Comparable market cap
Discover more assets
Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.