The current real-time price of KAVA is $0.0703. In the past 24 hours, KAVA has traded between $0.0697 and $0.0778, showing strong market activity. The all-time high of KAVA is $9.12, and the all-time low is $0.0700.
From a short-term perspective, the price change of KAVA over the past 1 hour is , over the past 24 hours is -0.11%, and over the past 7 days is -8.83%. These figures provide a quick overview of the latest price trends and market dynamics of KAVA on LBank.-11.55%
The live price of KAVA today is $0.0703, with a current market cap of $76.167M. The 24-hour trading volume is 3M. The price of KAVA to USD is updated in real time.
Before deciding whether to buy or sell KAVA, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s KAVA technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for KAVA.
How much will KAVA be worth tomorrow, next week, or next month in ? What about your KAVA assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! KAVA Price Prediction
To learn more about KAVA, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
binance-smart-chain | 0x5ca3...f1e7a0  | 5.000M | 37.56% |
binance-smart-chain | 0x99e1...61b48d | 3.749M | 28.16% |
binance-smart-chain | 0xf977...41acec | 3.365M | 25.28% |
binance-smart-chain | 0x8894...e2d4e3 | 641.126K | 4.82% |
binance-smart-chain | 0xe2fc...a93ae1 | 210.940K | 1.58% |
Other | 346.730K | 2.6% |
Kava is a decentralized finance (DeFi) lending platform and a Layer-1 blockchain. It enables users to borrow and lend various cryptocurrencies without traditional financial intermediaries. Its core purpose is to function as a cross-chain settlement layer, facilitating seamless asset transfers between diverse networks like Ethereum and Cosmos. Kava aims to combine Cosmos's speed and interoperability with Ethereum's extensive developer ecosystem.
Kava's lending and borrowing system operates through Collateralized Debt Positions (CDPs). Users deposit their cryptocurrency as collateral into smart contracts. In return, they can borrow USDX, Kava's stablecoin, which is pegged to the US dollar. Smart contracts manage the entire process. To retrieve their collateral, users must repay the borrowed USDX along with any accrued fees. This decentralized mechanism ensures secure and transparent lending.
The KAVA token is the native cryptocurrency of the Kava blockchain, serving multiple crucial functions. It is essential for network security, as validators stake KAVA to secure the network and validate blocks, earning rewards but risking slashing. KAVA holders also participate in governance, proposing and voting on critical network parameters like supported assets and fees. Furthermore, KAVA is used for incentives to drive TVL growth and reward developers, and to provide rewards for users who mint USDX or provide liquidity.
Yes, Kava is designed for extensive interoperability. Built on the Cosmos SDK, it connects with other Cosmos-based blockchains via the Inter-Blockchain Communication (IBC) protocol. Kava also features an Ethereum-compatible (EVM) co-chain. This allows Solidity developers to easily port their decentralized applications (dApps) and connect them to Ethereum's ecosystem. This dual compatibility allows Kava to bridge different blockchain environments seamlessly.
The Kava network is secured using a Proof-of-Stake (PoS) consensus mechanism, specifically Tendermint Core, adopted from the Cosmos ecosystem. Security relies on a set of up to 100 validators who stake KAVA tokens. These validators verify transactions and maintain network integrity. They are rewarded for their active participation but face penalties, such as slashing, for malicious actions or network downtime. Kava also enhances security through regular smart contract audits.
KAVA tokens cannot be mined because the network operates on a Proof-of-Stake (PoS) consensus mechanism, not Proof-of-Work. However, users can indeed stake their KAVA tokens. Staking allows participants to earn rewards and actively engage in network governance by voting on proposals. While there's generally no minimum staking amount, it's important to note an unstaking period of 21 days during which staked tokens are temporarily locked and cannot be transferred.
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