Kava Ecosystem
Kava is a Layer-1 blockchain combining Cosmos's speed with Ethereum's flexibility. Read more
Market Cap
Projects
Ecosystem Backers
Projects
Axelar
Axelar is a decentralized interoperability platform aiming to connect different blockchain networks.
Curve DAO
Curve is an AMM DEX on Ethereum Virtual Machine with focus on stablecoin swaps.
Kava
Kava is an EVM-compatible layer1 blockchain built on Cosmos.
Supra
SupraOracles is bridging real-world data to automate, simplify, and secure the smart contracts of financial markets.
Sushi
Sushi is a multi-chain AMM DEX with cross-chain functionality.
Stargate Finance
Stargate is a composable omnichain native asset bridge powered by LayerZero Protocol.
Ethena USDe
USDe is a delta-neutral synthetic dollar issued by Ethena Labs.
RedStone
RedStone is a modular oracles for DeFi.
Abracadabra.Money
Abracadabra.money is a stablecoin lending platform that uses interest-bearing tokens as collateral.
RocketX Exchange
RocketX is a hybrid CEX and DEX aggregator.
Beefy
Beefy.Finance is a cross-chain yield optimizer.
HARD.fun
HARD.fun is a memepad on the Kava network.
dForce
dForce is an integrated and interoperable platform of open finance protocols.
Squid
Squid provides an API and front end dev-tools to build cross-chain swaps, bridges and generic transactions.
Metamask
MetaMask is the most popular non-custodial crypto wallet for EVM chains.
Rubic
Rubic is a cross-chain tech aggregator.
Gamma Strategies
Gamma is a protocol for active liquidity management and market making strategies.
Wagmi
Wagmi is a platform for trading, liquidity provision, swapping, and yield strategy generation.
Rabby Wallet
Rabby is an open source non-custodial crypto wallet for EVM chains built by the DeBank team.
Meson Finance
Meson Finance is a cross-chain swaps protocol.
Kinetix
Kinetix is AI-Powered DeFi Hub on Kava EVM.
Leap Wallet
Leap Wallet is a non-custodial wallet for Cosmos Ecosystem.
Keplr
Keplr is a non-custodial blockchain wallet for Cosmos Interchain.
Tarot v2
Tarot is a multi-chain, decentralized lending protocol.
Blockscout
Blockscout is a full-featured open-source tool for exploring, confirming, and inspecting transactions on more than 600 blockchain networks.
Steer Protocol
Steer is an automated liquidity management protocol.
Elk Finance
Elk Finance is a decentralized network for cross-chain liquidity.
Equilibre
Équilibre is a DeFi ecosystem on Kava blockchain
1 - 28 from 28
Show
30
What is Kava Ecosystem?
Kava is a multipurpose decentralized platform that offers a range of products for crypto traders. The platform is built on the Cosmos blockchain. Kava offers multi-collateral debt positions and the ability to self-issue loans. This allows users to instantly borrow and lend digital assets whilst avoiding the use of traditional financial institutions. It also has its own stablecoin, USDX, as part of its ecosystem, which is pegged 1:1 to the value of the U.S. dollar.
KAVA is the platform’s native cryptocurrency. It has a total supply of 253,378,733.
What are Kava’s key features and how does it work?
The platform facilitates lending and borrowing by allowing users to deposit, or lock, crypto into Cosmos smart contracts. These smart contracts are called CDPs (collateralized debt positions). In return for the digital asset deposited, USDX is issued. Additionally, users receive rewards distributed in KAVA for minting USDX. Once a debt in USDX is repaid, the CDP is closed and the USDX is burned.
The amount of USDX a user can receive depends on the collateralization ratio. This tends to be high in order to protect against potential volatility in the market. The ratio is also used to determine the liquidation price, if the value of the crypto locked in a CDP falls too low then it is liquidated and burned. This mechanism also helps to protect against market volatility.
What can KAVA be used for?
The KAVA token plays a vital role in the overall operation of the platform. In more detail, it is used for network governance and staking and validation. KAVA holders are entitled to vote on proposals related to blockchain changes. This includes the types of collateral accepted, the amount of USDX that can be issued, as well as other upgrades and parameter changes.
KAVA is also used for ensuring network security. Holders can delegate their KAVA to validators who operate the blockchain and earn a proportion of rewards in return.
Where can you buy KAVA?
KAVA is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are Binance, MEXC Global, AscendEX, Gate.io, and KuCoin. The price of KAVA will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for KAVA market prices, please view the price charts on this page.