marumaruNFT (MARU)
Gnosis (GNO)
aelf (ELF)
dogwifhat (WIF)
Starknet (STRK)
cDAI (CDAI)
Huobi BTC (HBTC)
Kylin Network Price (KYL)
$0.01745659
6.15%
Kylin Network Price Chart (KYL/USD)
Last updated 22 Jun 2022, 09:10AM UTC. Currency in USD.
Markets
| # | Exchange | Pair | Price | Spread | Volume(24h) | Trust |
|---|---|---|---|---|---|---|
| 1 |
 Hotbit |
KYL / USDT | $0.01130666 | 0.88% | $42,868 | |
| 2 |
 Gate.io |
KYL / USDT | $0.01237343 | 0.44% | $15,984 | |
| 3 |
Gate.io |
KYL / ETH | $0.02312639 | 1.72% | $10,641 | |
| 4 |
 KuCoin |
KYL / USDT | $0.01235049 | 0.08% | $4,571 | |
| 5 |
 LATOKEN |
KYL / USDT | $0.01756389 | 0.50% | $33 |
KYL Price Statistics
- Kylin Network Price Now $0
- 24h Low / 24h High $0 / $0
- Trading Volume $352,662
- Market Cap Rank #1078
- Market Cap $4,751,847
- Volume / Market Cap 0.0742
-
All-Time High
$3 -99.38%
Mar 03, 2021 -
All-Time Low
$0 37.88%
Jun 13, 2022
Kylin Network: Revolutionizing the Crypto Landscape
Introduction
In recent years, cryptocurrencies have gained immense popularity and have opened up countless possibilities for individuals and businesses. Blockchain technology, which forms the foundation of these digital currencies, has proven to be a game-changer in various industries. However, cryptocurrency ecosystems still face some significant challenges, such as the lack of reliable data feeds and decentralized oracle networks. This is where Kylin Network comes into play.
What is Kylin Network?
Kylin Network is a decentralized data infrastructure platform built on Polkadot for on-chain data utilization. It aims to address the challenges that arise from accessing reliable, high-quality data in the decentralized finance (DeFi) and Web 3.0 ecosystems. By providing a trustless and reliable connection between real-world data and blockchain applications, Kylin Network has the potential to transform the crypto landscape.
The Power of Decentralized Oracles
Decentralized oracles play a crucial role in bridging the gap between the blockchain world and real-world data. They act as a source of truth by securely and transparently providing data from external sources to smart contracts. Kylin Network's decentralized oracle solution enhances the security, scalability, and affordability of data feeds by utilizing the Polkadot parachain structure.
The Kylin Network Token: KYL
The native cryptocurrency of Kylin Network is KYL. It serves as the utility token within the ecosystem and allows participants to access the platform's services, such as premium data feeds and oracle services. Through the KYL token, users can also participate in governance, vote on proposals, and shape the future direction of Kylin Network.
The Benefits of Kylin Network
Kylin Network offers several key benefits:
- Data Reliability: By harnessing decentralized oracles, Kylin Network ensures the reliability and integrity of data feeds, minimizing the risk of incorrect or manipulated information.
- Scalability: The Polkadot infrastructure enables Kylin Network to scale efficiently by connecting multiple blockchains and utilizing their functionalities.
- Cost-effectiveness: With Kylin Network, users can access high-quality data at affordable prices, eliminating the need for expensive centralized data providers.
- Diverse Use Cases: Kylin Network has applications across various industries, including DeFi, insurance, gaming, supply chain, and more. Its versatility makes it a valuable asset for developers and businesses.
Conclusion
Kylin Network is at the forefront of revolutionizing the crypto landscape by bridging the gap between blockchain technology and reliable, real-world data. By providing a decentralized data infrastructure platform, Kylin Network empowers developers and businesses to leverage accurate and trustworthy data feeds. As the crypto industry continues to grow, Kylin Network's role in enhancing the efficiency and security of decentralized applications becomes increasingly vital.