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 $3.009 USD with a 24-hour trading volume of 99912 USD. We update our Rai Reflex Index to USD price in real-time. Rai Reflex Index is +0.64% in the last 24 hours. The current SoSoValue marketcap ranking is # 99999, with a live market cap of $ 3,529,860.91 USD. It has a circulating supply of 1,173,101 RAI coins and a max supply of ∞ RAI coins.
Rai Reflex Index
RAI
#1307$0
+0.64%
Total dollar volume24H
$99,912
High24H
3.009 USDT
Low24H
2.99 USDT
Market Cap
#1307$3,529,861
FDV
$3,529,861
Turnover rate
2.83%
Circulating supply
1,173,101
Total supply
1,173,101
Max supply
∞
All time high
16.82 USDT
All time high date
Sep 05, 2021
Down from All time high
-82.11%
Cycle low
1.023 USDT
Cycle low date
May 13, 2022
Up from cycle low
194.13%
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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.