Total dollar volume24H $26,307
High24H 3.065 USDT
Low24H 3.029 USDT
Market Cap #1288$3,562,366
FDV $3,562,366
Turnover rate 0.74%
Circulating supply 1,170,291
Total supply 1,170,291
Max supply ∞
All time high date
Sep 05, 2021
Down from All time high -81.90%
Cycle low 1.023 USDT
Cycle low date
May 13, 2022
Up from cycle low 197.56%
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.