Karura Price

Karura (KAR) is a cryptocurrency launched in 2021 on the Polkadot ecosystem. It serves as the native token of the Karura Network, a decentralized finance (DeFi) platform that aims to provide a comprehensive suite of financial services. As of 2026-02-02, Karura is ranked #3489 with a price of $0.002783 and a 24-hour trading volume of $12.22K. The token has a circulating supply of 116.66M KAR and a total supply of 160M KAR. Karura offers various DeFi features, including a decentralized exchange, lending and borrowing protocols, and staking opportunities. The project is designed to be interoperable with other Polkadot-based networks, enhancing its utility and potential for cross-chain functionality. With its focus on scalability and low transaction costs, Karura aims to make DeFi services more accessible to a wider audience.

Karura (KAR) was created on May 24, 2021. It was launched as a decentralized finance (DeFi) platform on the Polkadot ecosystem, aiming to provide a comprehensive suite of financial applications including a multi-collateralized stablecoin, a decentralized exchange, and cross-chain asset transfers. The project's goal was to offer scalable, efficient, and interoperable DeFi services to users within the Polkadot network. Since its inception, Karura has been working towards becoming a key player in the Polkadot ecosystem, focusing on delivering innovative financial solutions and fostering the growth of decentralized finance across multiple blockchain networks.

The founders of Karura are not explicitly mentioned in the available information. However, Karura was launched on 2026-02-02 as part of the Acala Network ecosystem. It operates on the Polkadot platform and is associated with the Polkadot ecosystem. The project is supported by the Acala Network team, which is responsible for developing and maintaining the Karura network. While specific individuals are not named, the Karura project is overseen by the team behind Acala Network, who are likely the key figures in its creation and ongoing development. For more detailed information about the founding team, you may want to check the official Karura website or the Acala Network's official communications channels.

Karura (KAR) is a decentralized cryptocurrency that operates on the Polkadot ecosystem. It functions as the native token of the Karura network, a decentralized finance (DeFi) platform. Karura utilizes a proof-of-stake consensus mechanism and supports various DeFi applications, including lending, borrowing, and yield farming. Key features of Karura: 1. Governance: KAR holders can participate in network decisions through voting. 2. Staking: Users can stake KAR to earn rewards and secure the network. 3. Liquidity provision: KAR can be used to provide liquidity in decentralized exchanges. 4. Cross-chain interoperability: Karura leverages Polkadot's technology for seamless asset transfers between different blockchains. As of 2026-02-02, Karura has a market cap of $324.68K and is ranked #3489 among cryptocurrencies. The current price is $0.002783, with a 24-hour trading volume of $12.22K. The circulating supply is 116.66M KAR, with a total supply of 160M KAR. Karura's innovative approach to DeFi and its integration with the Polkadot ecosystem position it as a promising project in the evolving blockchain landscape.

Karura (KAR) is built on the Kusama network, utilizing a parachain architecture. It employs a multi-collateral stablecoin system and an automated market maker (AMM) decentralized exchange. The platform uses a Nominated Proof-of-Stake (NPoS) consensus mechanism for security and scalability. Karura's technical stack includes a WebAssembly runtime, allowing for efficient smart contract execution. The network supports cross-chain interoperability through Kusama's relay chain, enabling seamless asset transfers and communication with other parachains. Karura also features a governance module for decentralized decision-making and protocol upgrades. The platform's design prioritizes high throughput, low transaction costs, and robust security measures. As of 2026-02-02, Karura continues to evolve its architecture to meet the growing demands of the DeFi ecosystem within the Kusama network.

Karura's future and roadmap are promising. As a key player in the Polkadot ecosystem, Karura aims to enhance DeFi accessibility and interoperability. By 2026, the project plans to expand its cross-chain capabilities, enabling seamless asset transfers across multiple blockchains. In 2027, Karura will focus on improving scalability and transaction speeds. The team is also working on introducing new financial products and services to attract more users and increase adoption. By 2028, Karura aims to become a leading DeFi platform within the Polkadot network, offering advanced lending, borrowing, and yield farming options. Long-term goals include further decentralization of governance and expansion into emerging markets. With its current price at $0.002783 and a market cap of $324.68K, Karura has significant room for growth. The project's commitment to innovation and its strong community support suggest a positive outlook for the coming years, potentially reaching new all-time highs beyond its current $13.2 record.