Ajna Protocol

AJNA Price

The Ajna protocol facilitates peer-to-pool secured loans without governance and without external
price feeds. Current lending and borrowing protocols which utilize smart contracts require active
governance (e.g. to set rates and to update contracts) and/or rely on external price feeds (such as oracles like Chainlink). Because the pricing of collateral and parameterization of loans are left
to subjective decision making through governance rather than market forces, these protocols
carry both solvency and liquidity risk. Governance and maintenance overhead create barriers to
entry in the market for lending and borrowing of on-chain assets. Ajna solves these problems
with its unique design, which is defined by the following features:

Permissionless pool creation: Much like the popular DeFi primitive, the “automated market
maker,” AMM, Ajna pools exist in unique pairs: quote token, provided by lenders and collateral
token, provided by borrowers. Pools allow lenders to assess borrower demand for their quote
token and for borrowers to assess lender demand for loans backed by their collateral. Pools are
created permissionlessly, meaning anyone can create a pool to borrow arbitrary fungible tokens
using arbitrary fungible or non-fungible tokens as collateral. Therefore, no governance process is
needed to whitelist approved tokens.

Price specified lending: Ajna replaces external price feeds (oracles) by allowing lenders to input
the price at which they’re willing to lend. This price is the amount of quote token (i.e. the token
they are lending) they are willing to lend per unit of collateral pledged by the borrower. For
example, if a lender deposits at price 100, they are willing to lend 100 units of quote token per
one unit of collateral. Ajna pools separate prices into predefined buckets to reduce the
complexity of the protocol, prices are therefore hereon referred to as “buckets”. Borrowers are
then able to borrow from the aggregated liquidity of these various buckets.

Where can you buy Ajna Protocol?

AJNA tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Ajna Protocol is Uniswap V2 (Ethereum), where the most active trading pair AJNA/WETH has a trading volume of $35.57 in the last 24 hours. Other popular options include Uniswap V3 (Base) and Uniswap V3 (Ethereum).

What is the daily trading volume of Ajna Protocol (AJNA)?

The trading volume of Ajna Protocol (AJNA) is $8.27 in the last 24 hours, representing a -82.80% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Ajna Protocol (AJNA)?

Ajna Protocol (AJNA) reached an all-time high of $0.4387 and an all-time low of $0.0002351. It’s now trading -99.60% below that peak and 690.30% above its lowest price.

What is the market cap of Ajna Protocol (AJNA)?

Market capitalization of Ajna Protocol (AJNA) is $1,467,755 and is ranked #2687 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of AJNA tokens (790 Million tokens are tradable on the market today).

What is the fully diluted valuation of Ajna Protocol (AJNA)?

The fully diluted valuation (FDV) of Ajna Protocol (AJNA) is $1,818,736. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion AJNA tokens are in circulation today. Depending on how the emission schedule of AJNA tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Ajna Protocol compare against its peers?

With a price increase of 0.00% in the last 7 days, Ajna Protocol (AJNA) is outperforming the global cryptocurrency market which is down -0.10%, while outperforming when compared to similar Decentralized Finance (DeFi) cryptocurrencies which are down -0.60%.

How to add Ajna Protocol (AJNA) to MetaMask?

Adding Ajna Protocol (AJNA) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import AJNA as a token. You can copy AJNA’s contract address (0x9a96ec9b57fb64fbc60b423d1f4da7691bd35079) and import it manually, or if you've installed MetaMask's chrome extension, add AJNA to MetaMask with one click on CoinGecko.

Add AJNA to MetaMask.