Rai Reflex Index(RAI)
Market Cap$982,212
Price$1.78
Total Circulating550,496
Stablecoin Information
RAI is a collateralized, non-pegged asset with low volatility compared to its ETH collateral.
Category:crypto-backed
Minting and RedemptionUsers mint RAI by depositing ETH as collateral into Rai safes. When the loan is repaid to retrieve the collateral, the paid back RAI is burned.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | < 0.0001% | 0% | -5.33% | 507,832 | ||
| Optimism Bridge | 100% | 0% | 0% | +136% | 14,723 | |
| Loopring | 100% | 0% | 0% | 0% | 12,591 | |
| Polygon PoS Bridge | 100% | -0.01% | +0.24% | +253% | 9,734 | |
| Arbitrum L1 Custom Gateway | 100% | 0% | 0% | +687% | 4,780 | |
| Gnosis Chain OmniBridge | 100% | +0.05% | +0.05% | +0.05% | 782.42 | |
| Avalanche Bridge | 100% | +0.89% | +0.89% | +0.89% | 54.48 |