About Rabbit Finance
Rabbit Finance is a cross-chain excess lending protocol, which can help deposit users obtain more interest and help liquidity farmers obtain higher income through high as 9x leverage and optimized reinvestment strategy.
Market Stats
Market Cap
£32.73K
1.52%
FDV
£62.42K
Circ. Supply
106M RABBIT
Max Supply
203M RABBIT
Total Supply
179M RABBIT
Diluted Valuation
£54.53K
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£425.45
398.76%
Volume (7D)
£2.39K
Volume (30D)
£9.55K
All time high
£2.23
Price Change (1Y)
52%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Rabbit Finance has increased by 1.41% in the last hour and increased by 2.08% in the past 24 hours. Rabbit Finance’s price has also risen by 5.04% in the past week. The current price is £0.000306 per RABBIT with a 24-hour trading volume of £425.45. Currently, Rabbit Finance is valued at 99.99% below its all time high of £2.23. This all-time high was the highest price paid for Rabbit Finance since its launch.
The current circulating supply of Rabbit Finance is 106,449,488.172 RABBIT which means that Rabbit Finance has as total market cap of £32,732.19.
Market details
RABBIT vs markets
↘ 7.4%
RABBIT vs BTC
↘ 18.72%
RABBIT vs ETH
↗ 51.67%
Tags
defi
yield-farming
lending-borowing
Network & Addresses
Network | Address | |
|---|---|---|
BNB Smart Chain | 0x95a1199EBA84ac5f19546519e287d43D2F0E1b41 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.000306 | ↗ 2.08% |
1 Day | £0.000300 | ↗ 2.08% |
1 Week | £0.000288 | ↗ 5.04% |
1 Month | £0.000334 | ↘ 8.45% |
1 Year | £0.000209 | ↗ 52.00% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Rabbit Finance (RABBIT) is a trading protocol based on the principles of lending and borrowing. The protocol is created on the Binance Smart Chain (BSC) to facilitate easy swapping of cryptocurrency across blockchains. Rabbit Finance seeks to focus on leveraging cryptocurrency to maximize returns. The protocol aims to support users eager to yield farm via over-lending and added leverage to generate better revenues. A user might have insufficient funds to practice liquidity farming in a decentralized finance (DeFi) space. Rabbit Finance aims to provide additional leverage or funds to the users to continue liquidity farming for higher revenues. Rabbit Finance also seeks to assist users with increased liquidity.
Powering the Rabbit ecosystem is the “Bank of Rabbit Finance”. The platform encourages users to participate either as a lender, farmer, or trader. The crypto currencies that are lent to the bank are made available to the farmers as leverage to win higher yields.
Rabbit Finance also features margin trading, which enables users to borrow funds from the “Bank of Rabbit Finance” to trade crypto assets. Users must provide the “Bank of Rabbit Finance” with collateral to cover the credit risks. Rabbit Finance allows users to trade Bitcoin (BTC), Ethereum (ETH), Binance coins (BNB), and a few others. The organization seeks to support the trading of various other crypto assets in the future.
According to the gitbook of assets, RABBIT seeks to be an yield-bearing token of Rabbit Finance. Yield-bearing tokens are cryptocurrencies that accumulate and increase in value when users hold the tokens long-term. Rabbit Finance encourages users to continue staking the Rabbit tokens to maximize earnings and win token rewards. Users can also put the tokens in liquidity pools to seek better returns.
Rabbit Finance protocol features the RabbitDAO (decentralized autonomous organization). The governance platform envisions providing users the voting rights to contribute to the organization's development. The primary governance token of the platform is the Rabbit Share Coin (RS). RabbitDAO enables users to mint RS coins and add them to the reserved treasury of the platform. Users can stake the RS tokens to earn reserved assets and token rewards. Rabbit Finance plans to launch NFT-driven gameplay called “Rabbit vs. Zombies” and the token holders can utilize the RS coins to purchase the game characters.
Rabbit Finance Lab launched Rabbit Finance on January 6, 2022. The total supply of the token is 203,000,000 RABBIT.
We update our Rabbit Finance to GBP currency in real-time. Get the live price of Rabbit Finance on Coinbase.
The current market cap of Rabbit Finance is £32.73K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Rabbit Finance is £2.23. This all-time high is highest price paid for Rabbit Finance since it was launched.
Over the last 24 hours, the trading volume of Rabbit Finance is £425.45.
Assets that have a similar market cap to Rabbit Finance include SpaceGrime, Manifold Finance, Vanity, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Rabbit Finance is 106 million.
Rabbit Finance calculator
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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