Rai Reflex Index
RAI
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Rai Reflex Index Intro
Reflexer is a platform where anyone can use their crypto collateral to issue reflex indexes. Reflex indexes are stable assets that are not pegged to anything, very similar to how the US Dollar is not pegged and it is still considered stable. RAI is a non pegged, ETH backed stable asset. It is useful as more "stable" collateral for other DeFi protocols (compared to ETH or BTC) or as a stable asset with an embedded interest rate.
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Rai Reflex Index Price Live DataReport a Data Error
The live Rai Reflex Index price today is $2.758 USD with a 24-hour trading volume of 139563 USD. We update our Rai Reflex Index to USD price in real-time. Rai Reflex Index is 0.00% in the last 24 hours. The current SoSoValue marketcap ranking is # 99999, with a live market cap of $ 3,302,473.33 USD. It has a circulating supply of 1,197,416 RAI coins and a max supply of ∞ RAI coins.
Rai Reflex Index
RAI
#1384$0
0%
Total dollar volume24H
$139,563
High24H
2.758 USDT
Low24H
2.758 USDT
Market Cap
#1384$3,302,473
FDV
$3,302,473
Turnover rate
4.23%
Circulating supply
1,197,416
Total supply
1,197,416
Max supply
∞
All time high
16.82 USDT
All time high date
Sep 05, 2021
Down from All time high
-83.60%
Cycle low
1.023 USDT
Cycle low date
May 13, 2022
Up from cycle low
169.60%
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Introduction
Reflexer is a platform where anyone can use their crypto collateral to issue reflex indexes. Reflex indexes are stable assets that are not pegged to anything, very similar to how the US Dollar is not pegged and it is still considered stable. RAI is a non pegged, ETH backed stable asset. It is useful as more "stable" collateral for other DeFi protocols (compared to ETH or BTC) or as a stable asset with an embedded interest rate.