CryptoCurrencies
17160
Exchanges
500
Total Market Cap
2,940,131,241,288
Volume 24h
76,831,124,905
Dominance
BTC 57.27%   ETH 8.24%   USDT 4.88%   XRP 4.77%

Restaked sAVAX
RSAVAX

23.39
$
1.27 %
Change 24h
Market Cap
$ 2,437,688
Volume 24h
$ 18.93
Circulating Supply
104,231
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.