Acala is a Polkadot-based DeFi hub offering cross-chain assets, stablecoins, staking, trading, and governance through a secure, decentralized platform.
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What is Acala? Acala is the comprehensive DeFi platform of Polkadot. It is an Ethereum-compatible platform designed for financial applications to utilize smart contracts and built-in protocols, featuring seamless cross-chain functionality and strong security. The platform provides various financial tools including a trustless staking derivative (liquid DOT), a multi-collateralized stablecoin backed by cross-chain assets (aUSD), and an Automated Market Maker decentralized exchange— all with low micro gas fees payable in any token. The stable currency, aUSD, is a digital asset-backed stablecoin with no volatility, enabling borderless and inexpensive global value transfers across all connected blockchains. Staking liquidity features allow users to release staked DOTs as fungible liquid assets...
As of now, Acala Network is trading at 0.03353 USD, with a 24-hour trading volume of approximately 665.95K USD. The ACA to USD price is updated in real time. Over the past 24 hours, Acala Network has increased by 7.19%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 39.12M USD. Currently, there are 1 166 666 660 ACA in circulation out of a maximum supply of 1 600 000 000 ACA.
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
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