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Acala Overview
24h High
$0.00
24h Low
$0.00
24h Change
-1.41%
7d Change
+47.89%
30d Change
-16.09%
Volume 24h
$8.51K
Market Cap
$1M
Circulating Supply
1.17B ACA
Acala News
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About Acala
Acala (ACA) is the native token of the Acala Network, a DeFi hub and stablecoin platform on Polkadot. ACA is used for governance, staking, network fees, and as collateral for the platform’s stablecoin, aUSD. The Acala Network aims to facilitate cross-chain liquidity and offers financial applications like a multi-collateralized stablecoin and a decentralized exchange. Acala was founded by Ruitao Su and Bette Chen.
Acala (ACA) is multifaceted in its use-cases within the Acala Network:
- Governance: ACA holders can participate in the network's governance by voting on proposals, updates, or changes to the network's parameters.
- Staking: Users can stake ACA to contribute to the network's security and in return, earn rewards.
- Network Fees: ACA is used to pay for transaction and smart contract execution fees within the Acala Network.
- Collateral: It serves as one of the collateral options for minting the platform's stablecoin, aUSD.
Acala was founded by Ruitao Su and Bette Chen, who brought together their collective expertise in blockchain, finance, and engineering to develop a DeFi-centric platform in the Polkadot ecosystem.
Acala Markets
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Acala Platforms
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Acala Market Data
The live Acala price today is $0.00 USD with a 24-hour trading volume of $8,511.15 USD. We update our ACA to USD price in real-time. Acala is down 1.41% in the last 24 hours.
The current market cap is $1,004,706.98 USD, ranking #1069 by market capitalization. The circulating supply is 1,166,666,660 ACA out of a max supply of 1,000,000,000 ACA.