About Elk Finance
Market Stats
Market Cap
$691,665.76
FDV
$1,818,706.00
Circulating Supply
16,134,216 ELK
Max Supply
42,424,242 ELK
Total Supply
42,424,242 ELK
Hold Time
No data
Performance
Popularity
No data
Dominance
0%
Volume (24H)
$1,179.92
-0.53%
All time high
$5.61
Additional info about Elk Finance
Networks and details
The price of Elk Finance has increased by 0.13% in the last hour and decreased by 0.27% in the past 24 hours. Elk Finance’s price has also fallen by 6.01% in the past week. The current price is $0.0429 per ELK with a 24-hour trading volume of $1.18K. Currently, Elk Finance is valued at 99.23% below its all time high of $5.61. This all-time high was the highest price paid for Elk Finance since its launch.
The current circulating supply of Elk Finance is 16,134,216 ELK which means that Elk Finance has as total market cap of $691,665.76.
Price history
Today | $0.0429 | ↘ 0.27% |
1 Day | $0.0431 | ↘ 0.27% |
1 Week | $0.0457 | ↘ 6.01% |
1 Month | $0.0549 | ↘ 21.84% |
1 Year | $0.16 | ↘ 73.81% |
Market details
Performance against other markets | ↘ 74.15% |
Performance against BTC | ↘ 78.18% |
Performance against ETH | ↘ 48.53% |
Performance in the past year | ↘ 73.81% |
FAQ
Elk Finance is a decentralized network that enables cross-chain value transfers and interoperability between blockchains. The network aims to improve blockchain interoperability while minimizing diversity. ElkNet is recognized as Elk Network's effective cross-chain engine. ElkNet enables safe and reliable value and information exchanges amongst blockchains by eliminating complexity and asset segmentation. Elk Finance's goal is to offer people an easy and inexpensive solution to move value across chains.
According to the litepaper, Elk Finance intends to support cross-chain exchanges of arbitrary tokens at sub-second speeds. The platform seeks to accomplish quick, trustless, and inexpensive exchanges between chains by combining a unique liquidity pooling technology with a decentralized peer-to-peer network. Elk focuses on offering Impermanent Loss Protection (ILP), which protects users from being penalized for providing liquidity.
The Elk Finance system aims at offering specific functions, such as calling smart contracts across chains and enabling smart contracts on multiple chains to communicate. The platform aims to leverage liquidity on one chain to obtain stablecoin finance. In addition, the network supports cross- or multi-chain synthetic assets (proxy tokens), including the use of an SDK that allows developers to create on top of ElkNet and facilitates cross-chain trading. Elk Finance looks forward to releasing a stablecoin called CHFT to make cross-chain value transfers and payments as safe as possible. CHFT is classified as a cross-chain stablecoin with a gyroscopic construction.
ELK is the governance token of the Elk Finance network. The ELK token is an ERC-20-compliant utility token that serves as the foundation of the Elk Finance ecosystem. ELK is exchangeable and utterly interoperable with EVM wallets and wallets on supported chains.
Ba'al launched the Elk finance network in 2021. Ba'al, a systems engineer and early blockchain astronaut, founded Elk Finance. The total supply of Elk finance tokens is 42424242 Elk coins.
We update our Elk Finance to USD currency in real-time. Get the live price of Elk Finance on Coinbase.
The current market cap of Elk Finance is $691.67K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Elk Finance is $5.61. This all-time high is highest price paid for Elk Finance since it was launched.
Over the last 24 hours, the trading volume of Elk Finance is $1.18K.
Assets that have a similar market cap to Elk Finance include Bounty Temple, TBCC, Earthlings.land, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Elk Finance is 16 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#2335
Contributors
39
Posts
606,344
% About Elk Finance
0.012%
Hold times
0 days
X (Twitter)
36.67% bullish
Sentiment
4.5 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
39 unique individuals are talking about Elk Finance and it is ranked #2,335 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Elk Finance has an average sentiment score of 4.5 out of 5. Finally, Elk Finance is becoming more newsworthy, with 0 news articles published about Elk Finance. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly neutral about Elk Finance. There were 36.67% of tweets with bullish sentiment compared to 3.33% of tweets with a bearish sentiment about Elk Finance. 60% of tweets were neutral about Elk Finance. These sentiments are based on 61 tweets.
On Reddit, Elk Finance was mentioned in 9 Reddit posts and there were 25 comments about Elk Finance. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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