Rai Reflex Index Logo

Rai Reflex Index RAI

Rai Reflex Index header image

1. Summary

Ranks

Liquidity
74
Developer
47
Social
67
Momentum (beta)
82
Stack Rankā„¢
46
Price
52W High price $2.94
52W High date 11th Jan 2024 (6 months ago)
All Time High (ATH) Date 18th Feb 2021 (3 years ago)
ATH Price $4.19
% From ATH -31.7%
All Time Low (ATL) Date 8th Oct 2023 (9 months ago)
ATL Price $2.44
% From ATL 17.49%
Supply & Trading Volume
Trading Volume (24h) $66,806.00
Total Supply 1.71M
Circulating Supply 1.71M
Description

Overview

Overview

Rai Reflex Index (RAI) is a non-pegged, ETH-backed stable asset. It serves as a more stable form of collateral for various DeFi protocols compared to ETH or BTC or as a stable asset with an embedded interest rate. RAI is an experimental decentralized stablecoin with a floating price and is not pegged to a fiat currency. The protocol is forked from MakerDAO's DAI and uses positive and negative interest rates to influence its market price. RAI is solely backed by ETH collateral.

Market Information

RAI is listed on several cryptocurrency exchanges and can be tracked through services like Etherscan and Coinmarketcap. The token's current circulating supply can also be found through these resources.

Technology

The protocol uses complex mechanisms to maintain the stability of its price, including the use of both positive and negative interest rates. RAI is created through an Ethereum-based smart contract and is contained within the general DeFi landscape.

2. Price

RAI

2.1. Market Performance

How does Rai Reflex Index's (RAI) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

1.3%

RAI

7.4%

Similar Market Cap

60 Day Return

0.5%

RAI

8.4%

Similar Market Cap

1 Year Return

1.6%

RAI

129.2%

Similar Market Cap

3. Developer Activity

We're monitoring 141 Rai Reflex Index GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Rai Reflex Index Repos)

Commits vs. The Market

  • Past 4 weeks: 4 commits vs. an average of 1
  • Past 12 weeks: 15 commits vs. an average of 8
  • Past year: 75 commits vs. an average of 117

Most Active Repos

Past week 0
Past 12 weeks 0
Past year 377
Past week 0
Past 12 weeks 57
Past year 349
Past week 8
Past 12 weeks 10
Past year 259
Past week 2
Past 12 weeks 10
Past year 210
Past week 4
Past 12 weeks 15
Past year 190
Past week 0
Past 12 weeks 11
Past year 183

Top Developers 2024

In total, 304 developers have contributed to Rai Reflex Index over the past year. Who are the most active Rai Reflex Index developers, by commits, over the past year?

Related Projects

Developers working on Rai Reflex Index also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 33
Active Reddit Users (past 24h) 1
Discord users
Active Discord Users
Telegram Users
Twitter followers 21,371
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website http://reflexer.finance/
Explorer https://etherscan.io/token/0x03ab458634910aad20ef5...
Twitter @reflexerfinance
reddit /r/reflexer
Whitepaper https://docs.reflexer.finance/

What is the correct contract address for Rai Reflex Index?

Ethereum 0x03ab458634910aad20ef5f1c8ee96f1d6ac54919
Avalanche 0x97cd1cfe2ed5712660bb6c14053c0ecb031bff7d
Polygon-pos 0x00e5646f60ac6fb446f621d146b6e1886f002905
Optimistic-ethereum 0x7fb688ccf682d58f86d7e38e03f9d22e7705448b

Has Rai Reflex Index been audited for security?

No security audits found for this project.

Are you the owner of Rai Reflex Index? Edit it here

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