R Price usd_r Price today

R r

Go trade

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＄0

Glob. Mkt Cap Rank： Unranked

2024-08-07:09:33:38update

24H High

6.222

24H Turnover

0.00

Max Supply

0.0

24H TR

0.0%

24H Low

24H Vol

531.8

Curr. Issued

0.0

24H High-Low

ATH

7.17

Highest Mkt Cap

0.00

Circulating Supply

0.0

Dominance

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ATL

0.15

Mkt Cap (Float)

0.00

Circulating Supply

Issue Date

Introduction

Latest News

News Flash

Basic information

Currency Introduction

Raft generates the leading decentralized US dollar stablecoin, R, through the creation of CDPs (Collateral Debt Positions) or by depositing stablecoins into Raft Protocol reserves.
R is the most capital-efficient US dollar stablecoin, backed by premium collateral assets such as stETH (Lido Staked Ether) and rETH (Rocket Pool Ether), as well as reserve assets like CHAI (a yield-bearing version of the DAI stablecoin). The goal for R is to become the stablecoin of choice in the decentralized ecosystem, offering deep liquidity, high yields, and a stable peg across many trading pairs. To maintain a tight and stable peg, R utilizes a "Peg Stability Module" which stabilizes the price of R and allows users to trade with reserve assets like DAI at a fixed rate.

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Development History

What Are Bitcoin Runes?

Bitcoin Runes is a protocol that enables the creation of fungible tokens on the Bitcoin blockchain. Unlike BRC-20 and SRC-20 tokens that also operate

2024-07-23 17:25

2024-07-23
【Grayscale Ethereum Trust Reports Negative Premium Rate】

According to BlockBeats, as of July 22, data from Ycharts indicates that the Grayscale Ethereum Trust (ETHE) is currently showing a negative premium rate of 0.13%.
2024-07-23
【Grayscale Opens Decentralized AI Fund To Qualified Investors】

According to PANews, Grayscale has announced on the X platform that its newly launched Grayscale Decentralized AI Fund is now open to qualified investors. This fund offers diversified investments in the intersection of AI and cryptocurrency. As of July 22, the Grayscale Decentralized AI Fund has an asset management scale of $562,664.08, with 55,300 shares in circulation. The fund's basket includes decentralized AI projects such as Near (NEAR, current weight 30.10%), Filecoin (FIL, current weight 30.87%), Render (RNDR, current weight 25.05%), Livepeer (LPT, current weight 8.85%), and Bittensor (TAO, current weight 3.13%).
2024-07-23
【Binance Trending Tokens Daily Update (July 23)】

The 10 Most Searched Tokens on Binance.com Today.1. $WLD: -7.63%2. $BTC: -1.24%3. $XRP: +1.58%
2024-07-23
【Taiko Announces Key Protocol Enhancements and Upcoming Upgrades】

According to Odaily, Taiko has announced significant progress in optimizing its protocol since the mainnet launch. The team has successfully reduced L1 gas costs by over 30% while maintaining contract upgradability. As they continue to refine gas optimization strategies, the focus is now shifting to new features and improvements. Key development areas identified include enhancing L2 EIP-1559, introducing transaction preconfirmation, implementing new transaction types such as Sponsored Transactions, supporting Cancun EVM, enabling contract use of calldata as DA, and improving minimum tier selection. Additionally, the Ontake upgrade will incorporate these features and improvements, with testing on the Hekla testnet planned before October and a mainnet upgrade scheduled for Q4 this year.
2024-07-23
【Bitcoin Deposit Addresses on Exchanges Reach New Low】

According to Odaily, CryptoQuant analyst AxelAdlerJr has reported a significant decrease in the number of Bitcoin deposit addresses on exchanges, reaching a low of 25,000. This development is seen as a crucial indicator that may suggest a shift in investor strategy regarding Bitcoin holdings. The analysis indicates that the reduction in addresses prepared to sell Bitcoin suggests that most holders prefer to retain their assets, anticipating further price increases. From a behavioral economics perspective, this trend may reflect growing confidence among Bitcoin investors. This change in behavior could be driven by factors such as increased institutional investment in cryptocurrencies. Additionally, the decreased willingness to sell assets may lead to a reduced supply of Bitcoin in the market. With stable or increasing demand, this could result in a price rise, signaling a bullish outlook for the market.
2024-07-23
【Ethereum Foundation Converts 100 ETH to 345,000 DAI】

According to Odaily, the Ethereum Foundation has recently executed a transaction through CoWSwap, converting 100 ETH into 345,000 DAI. This move was detected by Scopescan, a monitoring service that tracks blockchain transactions. The conversion highlights the foundation's ongoing financial activities and strategic asset management within the cryptocurrency space.
2024-07-23
【Marathon Digital Fined $138 Million For Breach Of Agreement】

According to Odaily, leading Bitcoin mining company Marathon Digital has been fined $138 million for violating confidentiality or non-circumvention agreements. Michael Ho, the former co-founder of US Bitcoin Corp and current Chief Strategy Officer of mining company Hut 8, won a unanimous jury verdict in a breach of contract lawsuit against Marathon Digital Holdings.
2024-07-23
【Pencils Protocol TVL Surpasses $300 Million in Scroll Ecosystem】

According to BlockBeats, on July 23, the total value locked (TVL) in the Pencils Protocol within the Scroll ecosystem exceeded $300 million, making it the highest TVL DeFi protocol in the Scroll ecosystem. Additionally, Pencils Protocol leads in weekly and monthly TVL growth rates and incremental data within the Scroll ecosystem. Pencils Protocol is currently the largest native DeFi project in the Scroll ecosystem. It serves as a one-stop yield aggregator and auction platform based on Scroll, integrating functions such as Launchpad, unified asset aggregation and distribution, and leveraged yield. The protocol aims to maximize users' asset utilization.
2024-07-23
【Ethereum(ETH) Surpasses 3,500 USDT with a 0.75% Increase in 24 Hours】

On Jul 23, 2024, 08:32 AM(UTC). According to Binance Market Data, Ethereum has crossed the 3,500 USDT benchmark and is now trading at 3,510.219971 USDT, with a narrowed 0.75% increase in 24 hours.
2024-07-23
【Matrixport: Ethereum and Bitcoin's Actual Volatility Are on Par】

According to Matrixport's latest chart released today, the realized volatility spread between Ethereum and Bitcoin is currently at a low level, indicating that both cryptocurrencies are experiencing similar levels of market fluctuation.Historically, Ethereum has been considered to have greater upside potential, which usually results in its volatility being approximately 50% higher than that of Bitcoin. However, the current data shows that the realized volatility of both Ethereum and Bitcoin is on par, with a ratio of 1.0.This unusual alignment in volatility comes at a time of heightened speculation and anticipation in the market, especially ahead of the launch of significant financial products. Analysts and traders often observe volatility metrics to gauge market sentiment and potential price movements, and this parity suggests a unique period of market dynamics. 4o