Kava's price today is $0.62 USD, with a 24-hour trading volume of $4,513,521 USD. KAVA
is down -1.42% in the last 24 hours. Kava is currently ranked #72 with a
market capitalization of $489,539,371 USD.
Co-founded in 2018 by Brian Kerr, Ruaridh O'Donnell, and Scott Stuart, Kava is a software protocol that accepts several cryptocurrencies allowing users to borrow and lend assets without needing a financial intermediary.
Kava Labs, a for-profit company aiming to develop and drive the creation of the Kava platform, held a token sale on the cryptocurrency exchange Binance in 2019. Of the total Kava supply, Kava Labs sold 6.5% of its tokens, raising $3 million at the time.
Kava officially went live in June 2020. Kava is a pioneer in the DeFi sector. Kava developers aim to lead the decentralized lending sector by integrating proprietary technologies. Kava labs developed the system to provide stablecoins and decentralized lending against major crypto assets more transparently and simplistically.
We've created an in-depth guide to the Kava blockchain and its functionality, which you should read if you want to learn more about Kava (KAVA)!
What is Kava All-Time High price (ATH)?
On August 30th, 2021 11:10:02 AM, Kava hit a historic high of $9.12 USD.
It has been about 2 years ago since Kava reached its peak.
What is Kava All-Time Low price (ATL)?
On March 13th, 2020 02:24:16 AM, Kava reached a bottoming price of $0.2871370000 USD.
About 3 years ago has passed Kava has seen such a low price.