Coins: 10053 Exchanges: 946 Market Cap: $1,225,562,243,650 1.25% 24h Vol: $48,208,812,807.548 Dominance: BTC 46.65%, ETH 18.33%
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Acala price

Acala Price (ACA)

$0.065709

0.90%
Rank #225

Acala Price Chart (ACA/USD)

Last updated 02 Aug 2023, 14:15PM UTC. Currency in USD.

Markets
# Exchange Pair Price Spread Volume(24h) Trust
1 Binance ACA / TRY $0.07739600 0.14% $12,554,343
2 Binance ACA / USDT $0.06608900 0.15% $6,941,658
3 Huobi Global ACA / USDT $0.06754700 0.88% $1,147,202
4 Binance ACA / BUSD $0.12295700 0.08% $426,415
5 LBank ACA / USDT $0.06785700 0.44% $190,550
6 Bitget ACA / USDT $0.06579600 0.26% $169,800
7 BigONE ACA / USDT $0.06586800 1.06% $154,882
8 CoinW ACA / USDT $0.06574000 0.30% $150,203
9 Gate.io ACA / USDT $0.10572600 0.26% $140,390
10 OKX ACA / USDT $0.06710400 0.10% $119,265
11 Binance ACA / BTC $0.19211300 0.20% $111,661
12 BitMart ACA / USDT $0.06724700 0.74% $85,137
13 BingX ACA / USDT $0.06724000 0.49% $46,227
14 BKEX ACA / USDT $0.10292800 0.96% $43,148
15 MEXC Global ACA / USDT $0.06583700 0.30% $24,562
16 Bybit (Spot) ACA / USDT $0.06719000 0.30% $15,713
17 CoinEx ACA / BTC $0.03924219 0.57% $9,277
18 KuCoin ACA / USDT $0.13121700 1.14% $6,427
19 CoinEx ACA / USDT $0.06570400 0.53% $6,084
20 Kraken ACA / USD $0.06700000 1.49% $4,710
21 Crypto.com Exchange ACA / USD $0.06741000 0.70% $4,467
22 Crypto.com Exchange ACA / USDT $0.06700000 0.40% $3,028
23 Crypto.com Exchange ACA / BTC $0.15959100 2.07% $2,620
24 Kraken ACA / EUR $0.06597900 1.64% $1,941
25 TokoCrypto ACA / USDT $0.11693000 0.17% $1,735
26 TokoCrypto ACA / BUSD $0.11885300 0.25% $1,676
27 TokoCrypto ACA / BTC $0.11713700 0.65% $1,302
28 KuCoin ACA / BTC $0.13198000 1.40% $800
29 XT.COM ACA / BTC $0.14103300 2.83% $500,838,397
30 XT.COM ACA / USDT $0.12282300 1.94% $201,502
31 AEX ACA / USDT $0.26383900 0.87% $144,625
32 FinexBox ACA / USDT $0.00000001 33.33% $0

ACA Price Statistics

$0
24H Range
$0
  • Acala Price Now $0
  • 24h Low / 24h High $0 / $0
  • Trading Volume $3,809,180
  • Market Cap Rank #398
  • Market Cap $50,600,878
  • Volume / Market Cap 0.0753
  • All-Time High $3 -97.65%
    Jan 25, 2022
  • All-Time Low $0 111.61%
    Jun 12, 2023
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Acala Cryptocurrency: Empowering the Future of DeFi

Introduction

The world of finance is undergoing a significant transformation with the advent of decentralized finance (DeFi). Among the multitude of projects in the DeFi space, Acala stands out as an innovative and promising cryptocurrency platform. Built on the robust foundation of the Polkadot network, Acala aims to revolutionize financial applications by offering a secure, scalable, and interoperable ecosystem. In this article, we delve into the fundamental aspects of Acala and explain why it has garnered considerable attention from both users and investors.

The Power of Acala

Acala provides a decentralized platform where users can access a wide array of financial services such as lending, borrowing, and stablecoins. Its goal is to democratize finance and create an inclusive financial system that is open to everyone, regardless of their geographical location or socioeconomic background.

A Unique Approach

One of the significant advantages of Acala is its integration with the Polkadot network. As a parachain on Polkadot, Acala leverages the network's security and scalability while maintaining its autonomy and unique features. This interoperability enables Acala to communicate and share data seamlessly with other parachains, facilitating a more efficient and connected DeFi ecosystem.

Stability through Stablecoins

Acala's native stablecoin, aUSD, aims to tackle the volatility issues commonly associated with cryptocurrencies. Pegged to a basket of real-world assets, aUSD provides stability and predictability to users in a decentralized manner. With aUSD, users can effectively hedge against market volatility and utilize stablecoins for various financial activities.

Governance and Staking

Acala's governance system allows token holders to actively participate in the decision-making process of the platform. By staking ACA tokens, users gain voting rights and the ability to propose and vote on system-wide changes. This democratic approach ensures that the platform evolves with the input and consensus of its community.

Conclusion

Acala's vision of empowering the future of DeFi is both commendable and promising. By offering a secure and scalable infrastructure on Polkadot, Acala aims to provide a holistic financial ecosystem accessible to all. With its stablecoin solution, integration capabilities, and community-driven governance, Acala stands poised to be a leading force in shaping the future of decentralized finance. As more users flock to the platform and recognize its potential, Acala's influence in the cryptocurrency market is set to grow exponentially.