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Alpaca Finance Overview
24h High
$0.00
24h Low
$0.00
24h Change
+0.42%
7d Change
-26.64%
30d Change
-13.88%
Volume 24h
$70.02K
Market Cap
$223.96K
Circulating Supply
151.67M ALPACA
Alpaca Finance News
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About Alpaca Finance
The ALPACA token is integral to the Alpaca Finance platform, a decentralized finance (DeFi) service offering leveraged yield farming and lending. As an ERC-20 token, it’s compatible with numerous Ethereum-based entities. It’s used for governance, allowing token holders to vote on platform development. Users can stake ALPACA tokens to earn rewards, typically additional ALPACA tokens or tokens from partnered projects. The tokens also incentivize actions like providing liquidity or participating in specific farming pools. Some features may require ALPACA tokens as collateral.
The ALPACA token serves multiple purposes within the Alpaca Finance ecosystem:
- Governance: Token holders have a say in the future development of the platform, voting on proposals and suggesting improvements.
- Staking: Users can stake their ALPACA tokens to earn rewards. The rewards typically come in the form of additional ALPACA tokens or other partnered project tokens.
- Platform Incentives: ALPACA tokens can be used to incentivize certain behaviors or actions within the platform, such as providing liquidity or participating in specific farming pools.
- Collateral: Some features within Alpaca Finance may require ALPACA tokens to be used as collateral, ensuring the integrity and stability of particular financial products.
Alpaca was co-founded and is currently led by Yoshi Yokokawa, who serves as the CEO, and Hitoshi Harada, who holds the positions of CTO and CPO.
Alpaca Finance Markets
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Alpaca Finance Platforms
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Alpaca Finance Market Data
The live Alpaca Finance price today is $0.00 USD with a 24-hour trading volume of $70,018.73 USD. We update our ALPACA to USD price in real-time. Alpaca Finance is up 0.42% in the last 24 hours.
The current market cap is $223,958.60 USD, ranking #1214 by market capitalization. The circulating supply is 151,668,642 ALPACA.