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1 Year | 5 Year | 5 Year Annualized | Since IPO | |
---|---|---|---|---|
KAVA | -60.89% | -92.66% | -40.69% | -89% |
S&P | +14.5% | +93.32% | +14.09% | +122% |
Kava is a decentralized finance (DeFi) platform built on the Cosmos blockchain. Its aim is to provide a range of DeFi services to users, including yield farming, borrowing and lending, and governance, all while ensuring security, transparency, and decentralization. Kava uses the Tendermint consensus algorithm and has a feature called "Hard Protocol" that enables users to borrow and lend cryptocurrencies.
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