Currencies
8340
Market Cap
$ 1.62T
-2.11%
24h Spot Volume
$ 40.12B
-0.75%
BTC Dominance
44.80%
-0.61%
ETH Gas
23 Gwei

Anchor Protocol [ANC]

 
Rank: 208
Token:
USD 1.83
2.17
BTC 0.0000474
4.84
ETH 0.000729
5.51

Anchor is a savings protocol offering low-volatile yields on Terra stablecoin deposits.

Anchor Protocol Market Cap

$ 170,424,140 
Ƀ 4,403
FDMC: $ 1,833,037,110 
ATH: $ 772,653,075 

24h Trade Volume

$ 2,855,078 
Ƀ 73.76
ANC 1,557,567

Supply

Circulating:
ANC 92,973,644(9.30%)
Total:
ANC 1,000,000,000
Max:
ANC 1,000,000,000

All-Time-High (ATH) Price

$ 8.31 (19 Mar 2021)
Ƀ 0.000143 (19 Mar 2021)
ETH 0.00459 (19 Mar 2021)
From ATH: -77.9%

Anchor Protocol (ANC) operates on its own blockchain.

The max. supply of Anchor Protocol that will ever be issued is 1.00 Billion coins, and the current supply of ANC in circulation is 92.97 Millions coins.

Current Anchor Protocol price is $ 1.83 moved up to +2.17% for the last 24 hours.

All time high (ATH) price of Anchor Protocol reached $ 8.31 on 19 Mar 2021 and fallen -77.9% from it.

Anchor Protocol's share of the entire cryptocurrency market is 0.01% with the market capitalization of $ 170.42 Millions.

Anchor Protocol’s 24 trading volume is $ 2.86 Millions. It is trading on 12 markets and 10 Exchanges the most active of them is BitMart.

Anchor Protocol Price

Anchor Protocol price Index provides the latest ANC price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

The Anchor Protocol to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

ANC to USD Converter

ANC

Anchor Protocol Quarterly Returns (%)

YearQ1Q2Q3Q4
2021+61.1%-49.9%-21.5%-

Anchor Protocol Closing Price (USD) - Quarterly

YearQ1Q2Q3Q4
2021$ 4.65$ 2.33--

Anchor Protocol Price (ANC - USD)

PeriodChangeChange (%)HighLow
24H$ 0.039+2.17%$ 1.86$ 1.79
7D$ 0.115+6.71%$ 1.86$ 1.71
14D$ 0.00681+0.37%$ 1.86$ 1.71
1M-$ 0.375-17%$ 2.26$ 1.71
3M-$ 4.09-69.1%$ 6.12$ 1.71

Anchor Protocol Annual Price

YearUSDHighLow
2021-60.6%$ 8.08$ 1.71

What is Anchor Protocol

Anchor is a savings protocol offering low-volatile yields on Terra stablecoin deposits. The Anchor rate is powered by a diversified stream of staking rewards from major proof-of-stake blockchains, and therefore can be expected to be much more stable than money market interest rates. We believe that a stable, reliable source of yield in Anchor has the opportunity to become the reference interest rate in crypto.

The Anchor protocol defines a money market between a lender, looking to earn stable yields on their stablecoins, and a borrower, looking to borrow stablecoins on stakeable assets. To borrow stablecoins, the borrower locks up Bonded Assets (bAssets) as collateral, and borrows stablecoins below the protocol-defined LTV ratio. The diversified stream of staking rewards accruing to the global pool of collateral then gets converted to stablecoin, and then conferred to the lender in the form of a stable yield.

Deposited stablecoins are represented by Anchor Terra (aTerra). aTerra tokens are redeemable for the initial deposit along with accrued interest, allowing interest collection to be done just by holding on to them. Anchor is structured to provide depositors with:

  • High, stable deposit yields powered by rewards of bAsset collaterals
  • Instant withdrawals through pooled lending of stablecoin deposits
  • Principal protection via liquidation of loans in risk of undercollateralization