CryptoCurrencies
16995
Exchanges
500
Total Market Cap
2,836,556,335,157
Volume 24h
70,335,958,325
Dominance
BTC 59.58%   ETH 6.87%   USDT 5.10%   XRP 4.29%

Restaked sAVAX
RSAVAX

24.07
$
4.50 %
Change 24h
Market Cap
$ 2,240,399
Volume 24h
$ 100.25
Circulating Supply
93,053
Total Supply
24,012
RSAVAX
$
# Exchange Pair Price Volume 24h

Description

rsAVAX is restaked sAVAX, allowing users to benefit from native sAVAX yield as well as rewards for providing crypto-economic security to Avalanche L1s. Users deposit sAVAX and receive rsAVAX at a 1:1 ratio. Yield Yak then acts as a curator on Suzaku's restaking marketplace, deploing sAVAX as collateral to Avalanche Operators and Avalanche L1s, in exchange for rewards. These rewards are compounded into the value of rsAVAX.