Acala is Polkadots decentralized finance network and liquidity hub. It is a layer-1 smart contract platform that is scalable, Ethereum-compatible, and optimized for DeFi with built-in liquidity and native financial Dapps. With Acala Swap decentralized exchange, Acala Dollar decentralized stablecoin (aUSD), DOT staking liquidity solution (LDOT), and Acala EVM+, Acala enables developers to utilize the core of Ethereum and full functionality of Substrate.
ACA is the utility token powering Polkadots DeFi center.