About Vara
VARA is the native token of the Vara Network, a blockchain network built on Gear Protocol. The Vara Network allows developers to seamlessly build and deploy decentralized applications. VARA tokens can be staked to secure the network. VARA tokens can also be used to pay network gas fees and participate in governance.
Trading Insights
Buyer Ratio
Traders
381
36.07%
Buyers
186
82.35%
Sellers
210
12.9%
Searched
299
Market Stats
Market Cap
£8.97M
FDV
£20.51M
Circ. Supply
4.4B VARA
Max Supply
Not enough data
Total Supply
10B VARA
Performance
Popularity
#1,090
Dominance
0%
Volume (24H)
£232.04K
7.38%
Volume (7D)
£1.61M
Volume (30D)
£2.92M
All time high
£0.24
Price Change (1Y)
-87.29%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Additional details
Recent trends
The price of Vara has increased by 1.09% in the last hour and decreased by 9.61% in the past 24 hours. Vara’s price has also fallen by 16.04% in the past week. The current price is £0.0021 per VARA with a 24-hour trading volume of £232.04K. Currently, Vara is valued at 99.16% below its all time high of £0.24. This all-time high was the highest price paid for Vara since its launch.
The current circulating supply of Vara is 4,374,563,240 VARA which means that Vara has as total market cap of £8,972,269.17.
Market details
VARA vs markets
↘ 92.83%
VARA vs BTC
↘ 92.83%
VARA vs ETH
↘ 92.17%
Tags
polkadot
layer-1
Network & Addresses
Network | Address | |
|---|---|---|
Vara | NA |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0021 | ↘ 9.61% |
1 Day | £0.0023 | ↘ 9.61% |
1 Week | £0.0024 | ↘ 16.04% |
1 Month | £0.0031 | ↘ 33.13% |
1 Year | £0.0164 | ↘ 87.29% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Vara Network (VARA) is a standalone layer-1 decentralized network that forms part of the Gear Protocol. Launched in 2021, Gear Protocol is a new cloud infrastructure platform that aims to provide an environment for web2 and web3 developers to build infrastructure solutions and decentralized applications (dApps) for any ecosystem. Vara Network is built upon three core concepts: the actor model, persistent memory, and Wasm, a WebAssembly-based virtual machine. The network aims to serve as a wasm-native hub for protocols that utilize parallel execution and asynchronous programming to deliver decentralized products in any segment.
Vara Network operates using the actor model and persistent memory, two widely adopted primitives from massive computation and microservices architecture spaces. It also utilizes Wasm, a WebAssembly-based virtual machine that runs on all modern browsers. This combination allows for parallel execution and asynchronous programming, enabling the network to handle complex computations and deliver decentralized applications. Vara Network also aims to provide a library for building dApps using pre-built constructs, including arbitrary async/await syntax for any programs built on Rust. This allows developers to write, compile, test, and upload their contracts directly onto Vara Network from their browser.
Vara Network aims to support a wide range of use cases. It can be used to build gaming projects, aiming to enhance the gaming experience. It can also be used for financial applications, aiming to provide transaction throughput and responses for payment and financial applications. Other potential use cases include tokenizing real-world assets and managing supply chains. Vara Network also aims to provide solutions for games, addressing challenges. Furthermore, it aims to offer solutions for finance applications, addressing issues.
Vara Network was launched as a standalone network in the Gear Protocol in 2021. Gear Protocol is a new cloud infrastructure platform that aims to provide an environment for web2 and web3 developers to build infrastructure solutions and applications for any ecosystem. Since its inception, Vara Network aims to serve as a wasm-native hub for protocols that leverage parallel execution and asynchronous programming to deliver decentralized products in any segment. The network's mainnet went live on September 19, 2023, marking a milestone in its development.
We update our Vara to GBP currency in real-time. Get the live price of Vara on Coinbase.
The current market cap of Vara is £8.97M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Vara is £0.24. This all-time high is highest price paid for Vara since it was launched.
Over the last 24 hours, the trading volume of Vara is £232.04K.
Assets that have a similar market cap to Vara include Alkimi, Boson Protocol, Artrade, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Vara is 4.4 billion.
Vara ranks 172 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Vara news
Trending articles
Social stats
Popularity in posts
#1868
Contributors
68
Posts
197
% About Vara
0.015%
Hold times
0 days
X (Twitter)
9.05% bullish
Sentiment
1.6 ★
Highlights
68 unique individuals are talking about Vara and it is ranked #1,868 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Vara has an average sentiment score of 31 out of 5. Finally, Vara is becoming less newsworthy, with 0 news articles published about Vara.
On Twitter, people are mostly neutral about Vara. There were 10.66% of tweets with bullish sentiment compared to 17.73% of tweets with a bearish sentiment about Vara. 89.34% of tweets were neutral about Vara. These sentiments are based on 197 tweets.
On Reddit, Vara was mentioned in 0 Reddit posts and there were 0 comments about Vara. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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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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