Ajna Protocol Price (AJNA)

Unlisted

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.

What is the live price of Ajna Protocol?

The current valuation sits at $0.00427638, showing a price movement of -0.17% over the last 24 hours.

How does market sentiment affect AJNA?

Sentiment is shaped by macroeconomic conditions, industry news, and developments across the -- ecosystem. Positive sentiment often correlates with rising volume and short-term price increases.

What is Ajna Protocol's market cap and global rank?

With a market capitalization of $3346627, Ajna Protocol stands at rank #2422, highlighting its influence and scale within the broader market.

What is the recent trading activity like?

AJNA recorded $-- in 24-hour trading volume, demonstrating the level of active participation from global traders.

How volatile is AJNA today?

The token's volatility is measured at --%, helping traders assess whether the market is experiencing stability or rapid fluctuations.

What is today's 24h trading range?

It moved between $0.00425807 and $0.00429802, indicating the intraday price strength.

What long-term factors influence Ajna Protocol?

Factors include circulating supply (784483711.2845541 tokens), adoption trends within Decentralized Finance (DeFi),Ethereum Ecosystem,Base Ecosystem, and overall traction of the -- network.