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Klaytn

Klaytn KLAY

coin
Klaytn Price (KLAY)
$0.3076
0.61% Buy KLAY Now

0.0000858 ETH

0.00000461 BTC

Low: $0.2983
High: $0.3231
24h
Market Cap
$1,075,345,327
0.61%
Fully Diluted Market Cap
$1,817,524,826
0.61%
Volume
24h
$44,300,164
29.19%
Volume / Market Cap
0.0412
Circulating Supply
3,495,515,220 KLAY
Max Supply
--
Total Supply
5,908,042,311

Klaytn (KLAY) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.30%

Joined at Jul 11, 2018

Following

304

0.00%

Tweet count

3,169

0.76%

Klaytn reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official Klaytn (KLAY) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆

Klaytn telegram
Telegram Stats
Visit Telegram

Members

0.85%

Title

Official Global Klaytn Community

Klaytn traffic
Website Traffic
Visit Website

Website Rating (DR)

65 / 100

0.00%

Ahrefs Rank

185,244

5.09%

Organic Traffic (mo.)

0

Klaytn github
GitHub Organization
Visit GitHub

Public repos

Created at Jul 12, 2018

Type

Organization

Klaytn github
GitHub Public Repository
Visit GitHub

Stars

0.27%

Watchers

34

0.00%

Forks

185

3.65%

Language

Go

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers: 164,891

Members: 17,388


Live KLAY Price Analysis

The current real time Klaytn price is $0.3076, and its trading volume is $44,300,164 in the last 24 hours. KLAY price has grew by 0.61% in the last day, and increased by 33.65% in the last 7 days. It’s important to note that current Klaytn market capitalization is $1,075,345,327, Talking about circulating supply, KLAY has 3,495,515,220 coins. Currently, Klaytn rank on the market is #88.

Klaytn price today is 92.98% below all time high, and it is 1,196.74% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling KLAY are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What is Klaytn (KLAY)?

KLAY is the native coin of Klaytn, which is a leading public blockchain in South Korea. If you're interested in the current Klaytn price, you can find the KLAY price chart above.

The main focus of the blockchain is to provide a network for the mass adoption of the metaverse and the GameFi technologies. To accomplish this, the blockchain provides users with an end-to-end metaverse package that comes with everything you might need for the creation of a metaverse.

Talking about the creation of a metaverse, Klaytn supports the Ethereum Virtual Machine (EVM) as one of the developing standards for that. Thus, Klaytn makes its technological architecture similar to Ethereum's in terms of interface and execution.

Furthermore, to keep up with Ethereum's open-source codebase updates, Klaytn uses the existing Ethereum clients and interface libraries as a foundation. Lastly, it enables the contribution of Klaytn Improvement Proposals (KIPs) and Ethereum Improvement Proposals (EIPs).

Moving further, Klaytn employs the hub-and-spoke architecture, which is regarded as one of the best scalability solutions. It divides Klaytn into spokes, also known as service chains. Since the spokes can be stacked, they offer the scalability required for widespread adoption of the metaverse. Besides, the spokes can be modified to meet particular dApp requirements. This includes high throughput, unique node configurations, or personalized security settings.

Lastly, it should be noted that, with the help of the consensus algorithm known as Istanbul Byzantine Fault Tolerance (IBFT), transactions on the Klaytn network can be finished in less than one second. Additionally, this IBFT consensus algorithm provides the dependability and data consistency required for large-scale applications. It manages to do that by ensuring that data stored on the blockchain is accurate and cannot be reversed.

The Founder of Klaytn

Klaytn crypto project was launched by GroundX in 2019. GroundX is the blockchain subsidiary of leading South Korea's mobile platform, Kakao. While the asset was mildly volatile at first, its market activity became more intense in 2021. That year, the Klaytn price exceeded $1 for the first time and peaked at $3.31 in October.

The founder of GroundX is Jaesun Han. He has a degree in electrical engineering and computer sciences. Prior to founding GroundX, Han founded NexR, which was the first big data and cloud computing tech startup in Korea. Later, he was appointed board chairman of the Consortium of Cloud Computing Research and became the CTO of KT Clodware.

Besides that, he launched the Klaytn Foundation. It's a non-profit organization developed specifically for the growth of the Klaytn network. It works with Krust, a subsidiary of Kakao Corp., which invests in initiatives created on Klaytn and runs the Klaytn Growth Fund.

The Purpose of KLAY Coins

KLAY is the native coin of the Klaytn blockchain. The most up-to-date Klaytn price is available in the chart above. Essentially, Klaytn coins have three main functions, including network utilization, yield farming, and NFT minting.

Firstly, talking about network utilization, KLAY is used as a payment method for any transaction that occurs on the Klaytn Network. Besides, users can provide liquidity on the KLAYswap (the native DEX of Klaytn) by utilizing KLAY coins. This also allows them to earn other Klaytn-compatible tokens.

Secondly, in terms of yield farming, KLAY holders can also stake their tokens on KlayFi. It's a yield optimizer that provides a yield farming experience on KLAYswap.

Lastly, considering the process of NFT minting, any KLAY holder is given the opportunity to use their tokens to mint NFTs and sell them on secondary marketplaces which have partnered with Klaytn (e.g., OpenSea).

Tokenomics of KLAY

KLAY token is inflationary, which means that it doesn't have a limited supply and that more KLAY tokens can be issued whenever there is a demand. The inflationary structure may make the KLAY price more difficult to predict. The initial KLAY supply issued with the genesis block was 10 billion coins.

9.6 KLAY coins are created with each new block. 66% of the newly minted KLAY coins are re-invested. By employing such a technique, Klaytn set aside a total of $1 billion to encourage ecosystem growth. The funds are allocated across numerous incentive programs, including:

  • The Klaytn Improvement Reserve (KIR) — a fund for facilities, equipment, and services aimed at enhancing the Klaytn network's performance.
  • The Klaytn Growth Fund (KGF) — it deals with early-stage projects with a strong potential to have a beneficial influence on Klaytn.
  • The Proof of Contribution (PoC) initiative — it rewards creators of smart contracts who help to increase Klaytn's on-chain activity.

If you intend to purchase Klaytn tokens, be aware that the KLAY price is subject to fluctuation. This occurs as a result of the volatility of the entire crypto market.

What's Klaytn trading volume in the last 24 hours?

KLAY has a trading volume of $44,300,164 in the last 24 hours.

What's Klaytn highest price ever?

KLAY has a highest price of $4.38, which was reached on Apr 02, 2021 (2 years 11 months ago).

What's Klaytn lowest price ever?

KLAY has a lowest price of $0.0237, which was reached on Dec 11, 2022 (1 year 2 months ago).

What are the best exchanges for buying and selling KLAY?

Currently, the most active and dominating exchanges for buying and selling Klaytn are Binance, Kraken & Kucoin. The most popular Klaytn trading pairs are KLAY/USDT (on Binance ), KLAY/USDT (on Bitget ), KLAY/USDT (on Deepcoin ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping KLAY?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Klaytn. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

Pages Related to Klaytn

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

Klaytn project's Circulating Supply has been verified and is equal to:

Circulating Supply

3,495,515,220 KLAY

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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Current price of Klaytn is $0.3076

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