Skip to main content
Login | Sign up
  • Tokens
  • Acala (ACA)

    7/11/2025 01:00 UTC

    $0.027

    0.83%

    Price Chart

    1D
    7D
    30D
    90D
    ALL

    Acala News

    Loading...

    Frequently Asked Questions

    • Decentralized Finance (DeFi)

      Acala is a DeFi platform built on Polkadot that lets users stake, swap, borrow, lend, and earn with low transaction fees. It supports a stablecoin called aUSD, which is pegged to the US dollar and backed by multiple types of crypto assets.

      Cross-Chain Compatibility

      Acala works across different blockchains, allowing assets like DOT, ETH, and BTC to be used as collateral. This makes it easier for users to move and use tokens between Polkadot and other networks.

      Smart Contracts and Development

      Acala is Ethereum-compatible and built on Substrate, enabling developers to create customizable decentralized apps (DApps) with fast transaction speeds and low fees.

      Liquidity and Trading

      The platform includes an automated market maker (AMM) decentralized exchange for seamless asset trading within its ecosystem.

      Governance and Network Upgrades

      Acala’s native token, ACA, is used for paying fees, voting on network changes, and managing risk within the platform.

      Use in Real-World Finance

      Acala aims to bridge decentralized finance with traditional finance by enabling hybrid financial services and supporting new financial products on blockchain.

      Last Updated: 6/14/2025 02:03 UTC
    • Pros of Acala

      • Cross-chain DeFi Hub: Acala is built on Polkadot and supports multiple blockchains, allowing users to trade and interact with assets across different networks.
      • Ethereum Compatibility: It supports Ethereum smart contracts, making it easier for developers familiar with Ethereum to build on Acala.
      • Built-in DeFi Products: Includes a stablecoin (aUSD), decentralized exchange (AcalaSwap), and liquid staking tokens like liquid DOT (LDOT).
      • Low Fees and Scalability: Uses Polkadot’s nominated proof-of-stake consensus, which offers lower gas fees and better scalability compared to some other blockchains.
      • Governance and Utility Token: ACA token is used for staking, paying fees, and voting on network decisions, giving holders influence over the platform’s future.
      • Strong Ecosystem Support: Backed by Polkadot parachain technology and partnerships with projects like Polkawallet and Laminar.

      Cons of Acala

      • Competition: Faces strong competition from established DeFi platforms like Ethereum, which has a larger user base and developer community.
      • Market Volatility: ACA token price can be volatile, reflecting broader crypto market trends.
      • Complexity for New Users: Cross-chain and DeFi concepts may be challenging for beginners to fully understand and use.
      • Still Growing: While promising, Acala is still developing its ecosystem and user base compared to more mature platforms.

      For more details, visit the official site: acala.network

      Last Updated: 6/14/2025 02:03 UTC
    • Founders of Acala

      The founders of Acala are Bette Chen, Ruitao Su, Fuyao Jiang, Antonia Chen, and Bryan Chen. They come from backgrounds in blockchain technology, finance, and software engineering, and together they created Acala as a decentralized finance hub on the Polkadot network.

      Last Updated: 6/14/2025 02:03 UTC
    • Major Investors in Acala

      • Venture Capital Firms: Polychain Capital and Pantera Capital led early funding rounds including Seed and Series A.
      • Crypto Investment Funds: 1confirmation, Arrington XRP Capital, ParaFi Capital, Coinfund, Spartan Capital, and Andromeda Capital have invested in Acala.
      • Blockchain Venture Capital: Blockchain Ventures (CVC) and Block Infinity are among the investors.
      • Crowdloan Contributors: Acala raised over 32 million DOT (worth about $1.28 billion) from nearly 25,000 contributors during the Polkadot parachain auction.
      • Other Investors: KR1 PLC invested in Acala during seed rounds, and Altonomy is also listed among investors.

      These investors include a mix of institutional venture capital, crypto-focused funds, and community supporters through crowdloans.

      Last Updated: 6/14/2025 02:03 UTC
    • Halal Status of Acala

      • Yes, Acala is generally considered halal by some Islamic finance screening platforms because it operates as a decentralized finance (DeFi) platform focused on asset exchange, staking, and liquidity without inherently involving interest (riba) or prohibited activities.
      • However, no official Sharia certification currently exists for Acala, and opinions may vary among scholars due to the complexity of DeFi and lending features.
      • The platform’s core functions like decentralized stablecoins, staking, and governance align with permissible activities, but some caution is advised as lending and borrowing in DeFi can involve interest, which is not halal.
      • Ultimately, it is recommended for Muslim investors to consult with a qualified Sharia expert for personal guidance.

      For more details, you can visit Acala’s official website: https://acala.network/

      Last Updated: 6/14/2025 02:04 UTC

    Description

    #944

    Acala is a cross-chain platform for financial applications on Polkadot. It supports smart contracts and built-in protocols that enable users to trade, lend, borrow, and stake across different blockchains. Acala also has its own stablecoin and DEX for efficient liquidity.

    Sector: Lending
    Blockchain: Polkadot

    Market Data

    Rank: 944
    Volume: 8.9M
    Marketcap: 32M
    Fully Diluted Value: 44M
    Circulating Supply: 73%
    2.4M 476/1.1K
    1.6M 41K/114K
    1.3M 57K/53K
    401K 13K/16K
    389K 31K/36K
    321K 24K/34K
    70K 7K/10K