Anchor Protocol Price Today (Official) | Live ANC Price Chart in USD | CryptoRank.io
Currencies
11872
Market Cap
$ 2.74T
-0.97%
24h Spot Volume
$ 78.61B
-1.56%
BTC Dominance
38.88%
-0.14%
ETH Gas
131 Gwei

Anchor Protocol [ANC]

 
On 51 watchlists
Rank: 163
Token:
USD 3.74
3.22
BTC 0.0000664
4.42
ETH 0.000824
6.54

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

Anchor Protocol Market Cap

$ 670,735,612 
Ƀ 11,900
FDMC: $ 3,740,756,590 
ATH: $ 1,490,104,068 

24h Trade Volume

$ 9,451,142 
Ƀ 168
ANC 2,526,532

Supply

Circulating:
ANC 179,304,800(17.93%)
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: -55%
To ATH: +122.2%

Anchor Protocol's current price is $ 3.74, it has increased +3.22% over the past 24 hours.

Anchor Protocol's All Time High (ATH) of $ 8.31 was reached on 19 Mar 2021, and is currently -55% down.

The maximum supply of Anchor Protocol that will ever be issued is 1.00 Billion coins, and the current supply of ANC in circulation is 179.30 Millions coins.

Anchor Protocol’s 24 hour trading volume is $ 9.45 Millions.

Anchor Protocol (ANC) operates on its own blockchain.

Anchor Protocol's current share of the entire cryptocurrency market is 0.02%, with a market capitalization of $ 670.74 Millions.

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+5.75%-49.8%+30.7%+22.2%

Anchor Protocol Closing Price (USD) - Quarterly

YearQ1Q2Q3Q4
2021$ 4.65$ 2.33$ 3.05

Anchor Protocol Monthly Returns ($)

YearJanFebMarAprMayJuneJulyAugSeptOctNovDec
2021+5.75%+28.5%-54.4%-14.5%-21.8%+68.7%-0.86%+0.6%+21.2%+0.18%

Anchor Protocol USD (ANC - USD) Price Change

PeriodChangeChange (%)HighLow
24H$ 0.117+3.22%$ 3.77$ 3.60
7D$ 0.747+24.9%$ 3.83$ 2.97
14D$ 0.486+14.9%$ 3.83$ 2.91
1M$ 0.538+16.8%$ 3.97$ 2.91
3M$ 0.415+12.5%$ 4.46$ 2.53
6M$ 1.01+36.7%$ 4.46$ 1.71

Anchor Protocol Annual Price

YearUSDHighLow
2021-15%$ 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