CryptoCurrencies
17158
Exchanges
500
Total Market Cap
3,486,092,717,688
Volume 24h
166,465,900,474
Dominance
BTC 60.37%   ETH 8.84%   USDT 4.46%   XRP 3.73%

Restaked sAVAX
RSAVAX

22.93
$
2.98 %
Change 24h
Market Cap
$ 2,703,948
Volume 24h
$ 372.28
Circulating Supply
117,928
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.