About Karura
Karura (KAR) is a cryptocurrency launched in 2021. Karura has a current supply of 160,000,000 with 116,666,660 in circulation. The last known price of Karura is 0.02084397 USD and is up 9.88 over the last 24 hours. It is currently trading on 22 active market(s) with $84,338.21 traded over the last 24 hours.
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Market Stats
Market Cap
$2.13M
FDV
$2.92M
Circ. Supply
117M KAR
Max Supply
Not enough data
Total Supply
160M KAR
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$75.41K
-0.25%
Volume (7D)
$469.38K
Volume (30D)
$2.07M
All time high
$11.94
Price Change (1Y)
-73.74%
Additional details
Market details
KAR vs markets
↘ 80.19%
KAR vs BTC
↘ 78.09%
KAR vs ETH
↘ 75.31%
Tags
polkadot
spartan-group
Network & Addresses
Network | Address |
|---|
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0182 | ↘ 4.67% |
1 Day | $0.0192 | ↘ 4.66% |
1 Week | $0.0172 | ↗ 6.36% |
1 Month | $0.0217 | ↘ 15.82% |
1 Year | $0.0695 | ↘ 73.74% |
FAQ
Karura (KAR) is an all-in-one decentralized finance (DeFi) platform that allows users to swap, borrow, lend, earn, and more with minimal transaction fees. The Karura platform is scalable and allows developers to create decentralized applications (DApp). Karura protocol is designed to operate as a DeFi hub on the Kusama—a multi-chain network for radical innovation.
As per the whitepaper, the Karura protocol is a parachain on the Kusama network serving as the experimental network for sister network Acala. Parachains are the individual blockchains running parallel within the Polkadot and Kusama ecosystems on their network. The Karura platform seeks to evolve as the proving ground for protocol upgrades and a place to experiment with new DeFi protocols and on-chain governance. The Karura platform aims to push the boundaries of what’s possible by launching on Kusama, offering the Acala foundation team a platform to launch new financial ideas.
Additionally, the Karura platform seeks to access Kusama’s plug-and-play security while also benefiting from high-capacity processing speeds, gas prices, and interoperability across numerous networks that are eventually connected to the Polkadot network. The Karura network aims to deliver decentralized financial products and stable assets to Kusama’s networks.
The Karura platform has KAR as the native utility token powering the DeFi hub of Kusama. The KAR token is used to pay for micro gas expenses and execute smart contracts. KAR is also used as a governance token that empowers the community to vote, elect council members, and drive the Karura development.
Acala Foundation launched the Karura network in 2019. As mentioned on the platform’s website, Bette Chen, Bryan Chen, and 0xThreeBody are the founders of the Karura platform.
KAR has a maximum total supply of 100,000,000 tokens.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#2307
Contributors
57
Posts
57
% About Karura
0.009%
Hold times
0 days
X (Twitter)
44.33% bullish
Sentiment
3.5 ★
Highlights
57 unique individuals are talking about Karura and it is ranked #2,307 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Karura has an average sentiment score of 3.5 out of 5. Finally, Karura is becoming less newsworthy, with 0 news articles published about Karura.
On Twitter, people are mostly bullish about Karura. There were 59.72% of tweets with bullish sentiment compared to 34.72% of tweets with a bearish sentiment about Karura. 40.28% of tweets were neutral about Karura. These sentiments are based on 97 tweets.
On Reddit, Karura was mentioned in 4 Reddit posts and there were 5 comments about Karura. 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
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.