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Klaytn Price
Klaytn price

Klaytn Price(KLAY)

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KLAY
1 KLAY =
USD $0.1858068
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Last updated 2023/06/03 05:22 (UTC)
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Coinbase
1.99%
Kraken
0.26%
Binance
0.1%
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$ 0.1858068
+0.39%
(1D)

KLAY Price Live Data

The live price of Klaytn is $ 0.1858068 per (KLAY / USD) today with a current market cap of $ 575.69M USD. 24-hour trading volume is $ 7.98M USD. KLAY to USD price is updated in real-time. Klaytn is +0.39% in the last 24 hours. It has a circulating supply of 3.10B USD.
KLAY Price Performance USD
ChangeAmount%
Today$ 0.0007249+0.39%
30 Days$ -0.0322867-17.38%
60 Days$ -0.0281393-15.14%
90 Days$ -0.0382788-20.60%

KLAY Price Information

24h Low & High
The highest and lowest price paid for this asset in 24 hours.
Low: $ 0.1850178
High: $ 0.187032
The highest and lowest price paid for this asset in 24 hours.
All Time High
The highest price paid for this asset since it was launched or listed.
$ 4.3824546
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
The percent change in trading volume for this asset compared to 1 hour ago.
-0.16%
The percent change in trading volume for this asset compared to 1 hour ago.
Price Change (24h)
The percent change in trading volume for this asset compared to 24 hours ago.
+0.39%
The percent change in trading volume for this asset compared to 24 hours ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
+0.32%
The percent change in trading volume for this asset compared to 7 days ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
+0.32%
The percent change in trading volume for this asset compared to 7 days ago.

KLAY Market Information

The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading.
Popularity
Popularity is based on the relative market cap of assets.
#70
Popularity is based on the relative market cap of assets.
Market Cap
Market cap is calculated by multiplying the asset's circulating supply with its current price.
$ 575.69M
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
The total dollar value of all transactions for this asset over the past 24 hours.
$ 7.98M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
Circulating supply shows the number of coins or tokens that have been issued so far.
3.10B
Circulating supply shows the number of coins or tokens that have been issued so far.
Circulation Supply
Circulating supply shows the number of coins or tokens that have been issued so far.
3.10B
Circulating supply shows the number of coins or tokens that have been issued so far.

About Klaytn (KLAY)

Klaytn is a public blockchain focused on the metaverse, gamefi, and the creator economy.

Officially launched in June 2019, it is one of the largest blockchain platforms in South Korea and is now undergoing global business expansion from its international base in Singapore. 

These business expansion activities are supported by the Klaytn Growth Fund, which aims to grow the ecosystem built on Klaytn. The fund is managed and disbursed by Klaytn Foundation, a Singapore-based non-profit organization established in August 2021.

KLAY is the native digital asset of the Klaytn protocol. Klaytn was launched with 10 billion KLAY , and there are currently 2.6 billion KLAY coins in circulation. With every new block, 9.6 KLAY will be minted and the newly issued KLAY and the sum of transaction fees used in the block (collectively called the “block reward”) will be aggregated and distributed to the following three destination accounts in accordance with the predetermined ratio:

  • Klaytn Governance Council Reward: 34%

  • Klaytn Growth Fund (KGF): 54%

  • Klaytn Improvement Reserve (KIR): 12%

What are Klaytn’s differentiating points?

An end-to-end metaverse developer package: 

To simplify building for the metaverse, Klaytn offers an end-to-end metaverse package that includes customized L2 solutions, SDKs and smart contract libraries, IPFS solutions, wallets, chain explorers, oracles and bridges, as well as an ecosystem of supporting services such as stablecoin integration, NFT marketplaces, tradfi interfaces, and more.

1-second deterministic finality: 

Klaytn utilizes an optimized version of Istanbul BFT that enables transactions to achieve absolute finality within a second, allowing for responsive user experiences and enabling use cases where near-instant and irreversible finality is necessary—such as the real-time minting of in-game item drops.

Klaytn’s data guarantee: 

Proof-of-Work and Proof-of-Stake blockchains exhibit probabilistic finality, which means there is a tiny chance that a transaction recorded on the chain can get reversed. This makes these blockchains unsuitable for mission-critical applications, especially if used at scale.

Klaytn’s IBFT consensus algorithm guarantees that data recorded on the blockchain is correct and will never be reversed, in order to deliver the reliability and data consistency needed for large-scale applications.

Support for Ethereum equivalence: 

Klaytn supports EVM as one of the emerging standards for the metaverse and Web3, and will be adopting the EVM specification by:

  • Making Klaytn’s technical stack equivalent to the Ethereum stack from an interfacing and execution perspective

  • Building on top of existing Ethereum clients and interfacing libraries to inherit any improvements made to their open-source codebases

  • Enabling Ethereum Improvement Proposals (EIPs) and Klaytn Improvement Proposals (KIPs) to contribute to both ecosystems

Built-in scalability via service chains:

Klaytn utilizes the hub-and-spoke model,widely considered to be among the best scalability solutions.

Klaytn’s spokes, or service chains, can be customized for specific DApp requirements such as high throughput, special node configurations, or custom security levels. In addition, support for nested service chains will provide the exponential scalability needed for metaverse-scale adoption.

$1 billion protocol-level ecosystem fund:

Through a combination of the initially issued reserve KLAY and on-chain tokenomics that re-invest 66% of newly-minted KLAY, Klaytn has set aside a total of $1 billion to support ecosystem growth. The funds are distributed across a range of grant and reward programs such as:

  • The Klaytn Improvement Reserve (KIR) for infrastructure, tools and services that improve the quality of the Klaytn network

  • The Klaytn Growth Fund (KGF) for early-stage projects with high potential for creating positive impact on Klaytn

  • The Proof of Contribution (PoC) program to reward builders of smart contracts that contribute to the growth on on-chain activities on Klaytn

Enterprise-level adoption:

Klaytn counts industry leaders such as Japan’s GMO Internet Group, Indonesia’s Salim Group, and mobile gaming giants Netmarble and WeMade as partners.

Klaytn is also the official blockchain partner for Bank of Korea’s CBDC project, which is running off a private, modified version of Klaytn.

People Also Ask: Other Questions About Klaytn (KLAY)

  1. Can I Buy KLAY on Binance?

    Yes. The following trading pairs are available on Binance: KLAY/BTC, KLAY/USDT, KLAY/BUSD, and KLAY/BNB. To buy KLAY on Binance, register for an account now. 

  2. Where is Klaytn From?

    The Klaytn blockchain was developed and launched in June 2019 by GroundX, the blockchain subsidiary of Korea’s largest mobile platform, Kakao. After two years of success in Korea, the Klaytn Foundation—a non-profit entity devoted to the Klaytn network and its ecosystem—was established to begin Klaytn’s global expansion.

    Klaytn Foundation is a non-profit organization that was established to accelerate global adoption and ecosystem maturity on Klaytn. The foundation manages the Klaytn Growth Fund and operates alongside Krust, a subsidiary of internet giant Kakao Corp that invests in projects built on Klaytn.

  3. Is Klaytn Decentralized?

    Klaytn’s Governance Council structure brings a different take on decentralization. Comprising leading global enterprises and DAOs across geographies and industries, these GC members form a compact validator network that is designed to deliver the benefits of a decentralized public blockchain while maintaining the performance of a permissioned blockchain. Moving forward, Klaytn aims to further increase decentralization by increasing the number of GC members, and by onboarding more DAOs to their GC to create a “DAO of DAOs”.

     


KLAY to Local Currency

1 KLAY to TRY$ 0.1858068Klaytn to TRY
1 KLAY to RUB$ 0.1858068Klaytn to RUB
1 KLAY to EUR in Italy$ 0.1858068Klaytn to EUR
1 KLAY to EUR in France$ 0.1858068Klaytn to EUR
1 KLAY to EUR in Spain$ 0.1858068Klaytn to EUR
1 KLAY to AED$ 0.1858068Klaytn to AED
1 KLAY to AUD$ 0.1858068Klaytn to AUD
1 KLAY to BRL$ 0.1858068Klaytn to BRL
1 KLAY to VND$ 0.1858068Klaytn to VND
1 KLAY to INR$ 0.1858068Klaytn to INR
Last updated 2023/06/03 05:22 (UTC)

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