CryptoCurrencies
19366
Exchanges
500
Total Market Cap
3,364,348,423,149
Volume 24h
262,250,125,125
Dominance
BTC 54.14%   ETH 10.87%   USDT 5.49%   XRP 3.96%

Restaked sAVAX
RSAVAX

18.26
$
5.18 %
Change 24h
Market Cap
$ 2,268,448
Volume 24h
$ 11.26
Circulating Supply
124,197
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.