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Lava Network
More Detail
$0
+3.66%
Total dollar volume24H
$210,073
High24H
0.07028 USDT
Low24H
0.06531 USDT
Market Cap
#601$25,534,012
FDV
$67,900,000
Market Cap / FDV Ratio
0.38
Turnover rate
0.82%
Circulating supply
376,053,193
Total supply
1,000,000,000
Max supply
1,000,000,000
All time high
0.92 USDT
All time high date
Apr 08, 2021
Down from All time high
-92.62%
Cycle low
0.0005333 USDT
Cycle low date
Jun 09, 2023
Up from cycle low
12632.05%
Contracts
Arbiscan:0x11...61af
Official links
Website
White paper
Socials
Twitter
Telegram
Discord
Introduction

Lava Network is a modular data network designed to provide decentralized and scalable access to blockchain data through a network of providers and consumers. Built using the Cosmos SDK, it facilitates Remote Procedure Calls (RPC) and API access for blockchain infrastructure, enabling seamless integration of blockchains, oracles, and indexers. This setup offers developers simple and reliable access to various blockchain data services.

The network operates as a permissionless marketplace, allowing anyone to add their blockchain or data service without gatekeeping. By aggregating RPC and data providers, Lava ensures high availability and reliability, automatically load balancing to maintain 99.999% uptime for both established and emerging chains. This approach abstracts the complexities of multi-chain development, providing developers with unified endpoints for supported chains.

In February 2024, Lava Network secured $15 million in seed funding, led by HashKey Capital, Jump Capital, and Tribe Capital, with participation from other notable investors. This funding supports Lava's mission to decentralize access to blockchain data, enhancing scalability, privacy, and censorship resistance. The protocol's roadmap includes further development of governance, conflict resolution, privacy, and quality of service, as well as support for additional API specifications, aiming to serve as a public good that enables decentralized access to the Web3 ecosystem.

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