CryptoCurrencies
18882
Exchanges
500
Total Market Cap
4,156,226,587,981
Volume 24h
269,625,098,609
Dominance
BTC 53.66%   ETH 12.11%   USDT 4.16%   XRP 4.10%

Restaked sAVAX
RSAVAX

41.72
$
7.56 %
Change 24h
Market Cap
$ 4,930,547
Volume 24h
$ 1561.2
Circulating Supply
118,418
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.