Ramp (RAMP)is a multi-chain lending decentralized finance (DeFi) platform that seeks to maximize capital efficiency on users' assets. On the platform, users can borrow against their collateral assets. Collateral are the assets pledged for security. The project also allows users to earn yields on their deposited assets while borrowing rUSD stable coin.

Running on Binance Smart Chain (BSC), Ramp aims to empower users to access a global blockchainliquidity network. Users can mint stable coins against their deposited assets and pursue new investment opportunities.  They can transfer rUSD stable coin liquidity across multiple blockchain networks.

The platform aims to offer unique features:

RAMP is a native token of the project that serves as a utility function to incentivize community involvement, align user behaviours with protocol objectives, or bootstrap the growth of liquidity pools. RAMP is a collateral asset that can unlock additional liquidity by minting an rUSD stable coin. Further, RAMP is also used as a governing token for community governance to participate in the project's strategic growth and planning by voting.

The RAMP collateralized token was launched in April 2021. The project is supported by the BSC, Polygon, Solana, and Polkadot blockchains. The project has received backing from many venture capitalists like Alameda research, Parafi capital, MW partners, Blockwater capital, and more.

The token RAMP has a total supply of two hundred million. This supply cannot be minted further, i.e., any RAMP burned is removed from circulation forever. Cryptocurrency burning is when a fraction of tokens are sent to a crypto wallet with no private key. Tokens are usually burnt to reduce availability and increase market value. The platform accrues positive value back to the RAMP token through these token burns.

We update our RAMP to USD currency in real-time. Get the live price of RAMP on Coinbase.

The current market cap of RAMP is $8.87M. A high market cap implies that the asset is highly valued by the market.

The all-time high of RAMP is $1.03. This all-time high is highest price paid for RAMP since it was launched.

Over the last 24 hours, the trading volume of RAMP is $557.79.

Assets that have a similar market cap to RAMP include Haedal Protocol, Atletico De Madrid Fan Token, inSure DeFi, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of RAMP is 478 million.