CryptoCurrencies
18557
Exchanges
500
Total Market Cap
4,147,087,407,177
Volume 24h
221,939,281,046
Dominance
BTC 53.65%   ETH 12.97%   XRP 4.10%   USDT 4.06%

Restaked sAVAX
RSAVAX

30.90
$
6.60 %
Change 24h
Market Cap
$ 3,811,549
Volume 24h
$ 52.25
Circulating Supply
123,420
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.