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Klaytn Price (KLAY)
Klaytn (KLAY) Chart
Klaytn (KLAY) Return On Investment(ROI)
Klaytn (KLAY) Price Now
Klaytn price today is $0.2968 with a 24-hour trading volume of $38,065,257. KLAY price is up 0.68% in the last 24 hours. It has a circulating supply of 2.98Bil KLAY coins and a max supply of 10.78Bil. In order to explore addresses and transactions, you may use block explorers such as
What Is Klaytn(KLAY)?
Kakao's global public blockchain project Klaytn is an enterprise-grade, service-centric platform that brings user-friendly blockchain experience to millions. It combines the best features of both public blockchains (decentralized data & control, distributed governance) and private blockchains (low latency, high scalability) via an efficient 'hybrid' design. Klaytn is secured by participation from numerous highly-reputable brands around the globe, working together to create a reliable business platform atop a robust system of decentralized trust. Klaytn enables businesses and entrepreneurs today to capture value using blockchain technology.
Klaytn aims to be a platform for NFTs and Decentralized Finance (DeFi) in Asia. Klaytn is also working with leading global institutions to develop the underlying software platform for Central Bank Digital Currencies (CBDC).
KLAY is the native utility token of the Klaytn network with the following existing and planned use cases:
- Network usage: Users will need KLAY tokens to trade on the Klaytn network, similar to ETH.
- Mining: Users can provide liquidity through various DeFi protocols (KLAYswap, Klaystation) to grow tokens of other projects, or stake KLAY tokens to obtain KLAY staking rewards. Staking KLAY tokens (sKLAY) can also be used for liquidity mining.
- Minting NFTs: Users can mint NFTs on the Klaytn network, which has partnered with OpenSea to launch NFTs minted through the Klatyn network.
What are the Main Features of Klaytn?
- Klaytn is a public chain developed by Ground X, which is the blockchain department of South Korean internet giant Kakao, with 50 million users worldwide. Due to the performance limitations of existing blockchain technology, Kakao built a proprietary blockchain platform to avoid any problem that online and mobile-first services may face.
- The Klaytn protocol is governed by a governance committee consisting of ecosystem builders and service providers who will contribute to the long-term development of the protocol. The Governance Council is one of the largest blockchain consortia, consisting of global enterprises such as Kakao, Binance, MakerDao, Hashkey, Worldpay, LG Electronics, etc.
- Klaytn Mainnet Cypress can provide a high throughput of 4,000 transactions per second, block generation interval is one second, and transactions are completed immediately. Klaytn uses an optimized version of Istanbul BFT, which implements PBFT with modifications to handle the characteristics of blockchain networks.
- At mainnet launch, 9.6 KLAY will be minted per block. This means that the annual inflation rate is 3% (about 300 million KLAY) relative to the 10 billion KLAY issued at genesis (the annual inflation rate may change through the Klaytn governance process).
Where Can You Buy Klaytn(KLAY)?
Investing in Klaytn can seem complicated, but it is much easier when you buy Klaytn through cryptocurrency exchange. Signing up for a cryptocurrency exchange will allow you to buy, sell, and hold Klaytn — both for fiat money and other cryptocurrencies. Some of the most popular Klaytn cryptocurrency exchange are:
Klaytn (KLAY) Community
KLAY Price Statistics
- Klaytn Price Today
24h Low / 24h High
$0.2939 / $0.3054
Trading Volume 24h
Volume / Market Cap(%)
- Klaytn Market Cap
Fully Diluted Market Cap
- Klaytn Price History
7d Low / 7d High
$0.2795 / $0.3054
30d Low / 30d High
$0.2111 / $0.3304
90d Low / 90d High
$0.2111 / $0.5121
52 Week Low / 52 Week High
$0.2111 / $3.33
All Time High
All Time Low
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