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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| ACA | -93.6% | N/A | N/A | -100% |
| S&P | +13.95% | +78.35% | +12.25% | +57% |
Acala (ACA) is the native token of the Acala Network, a DeFi hub and stablecoin platform on Polkadot. ACA is used for governance, staking, network fees, and as collateral for the platform’s stablecoin, aUSD. The Acala Network aims to facilitate cross-chain liquidity and offers financial applications like a multi-collateralized stablecoin and a decentralized exchange. Acala was founded by Ruitao Su and Bette Chen.
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