NAVI ProtocolPrice(NAVX)
Details NAVI Protocol (NAVX) Price information (USD)
The current real-time price of NAVX is $0.0090. In the past 24 hours, NAVX has traded between $0.0078 and $0.0092, showing strong market activity. The all-time high of NAVX is $0.4171, and the all-time low is $0.0079.
From a short-term perspective, the price change of NAVX over the past 1 hour is
NAVI Protocol (NAVX) Market Information
NAVI Protocol (NAVX) Today's Price
The live price of NAVX today is $0.0090, with a current market cap of $7.361M. The 24-hour trading volume is 488K. The price of NAVX to USD is updated in real time.
NAVI Protocol (NAVX) Price History (USD)
What is NAVI PROTOCOL (NAVX)?
When is the right time to buy NAVX? Should I buy or sell NAVX now?
Before deciding whether to buy or sell NAVX, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s NAVX technical analysis can provide you with trading references.
Future price trend of NAVX
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for NAVX.
How much will NAVX be worth tomorrow, next week, or next month in ? What about your NAVX assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! NAVX Price Prediction
How to buy NAVI PROTOCOL (NAVX)
Convert NAVX to local currency
NAVX Resources
To learn more about NAVX, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
sui | 0x39c7...c3d9ba  | 490.542M | 49.05% |
sui | 0xc9dc...90b87c | 36.532M | 3.65% |
sui | 0x60dd...b0984d | 26.341M | 2.63% |
sui | 0x18d3...72daf2 | 21.436M | 2.14% |
sui | 0xcf6e...13e1ee | 20.140M | 2.01% |
Other | 405.006M | 40.5% |
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NAVI PROTOCOL (NAVX) FAQ
What is NAVI Protocol?
NAVI Protocol is the premier native liquidity protocol on the Sui blockchain. It operates as a decentralized lending and borrowing platform where users can supply assets to earn passive income or borrow cryptocurrencies by providing collateral. This 'one-stop' solution aims to streamline DeFi operations within the Sui ecosystem, offering comprehensive financial services.
How does NAVI Protocol facilitate decentralized lending and borrowing?
NAVI Protocol functions through shared liquidity pools. Users deposit assets into these pools, becoming liquidity providers and earning interest. These deposited assets can then serve as collateral for borrowing other cryptocurrencies. The protocol utilizes a modular design incorporating features like a dynamic interest calculator, liquid staking capabilities, and flash loans to optimize its operations and enhance user experience.
What is the utility and purpose of the NAVX token within the protocol?
The NAVX token is the native governance token for NAVI Protocol. Holders gain the right to vote on critical protocol decisions, including adjusting interest rates, approving new asset listings, and defining risk management parameters. Additionally, NAVX serves as an incentive for liquidity providers and offers rewards for staking, aligning user participation with protocol growth and decentralization of the platform's future.
What core challenges does NAVI Protocol aim to address in the DeFi space?
NAVI Protocol aims to democratize decentralized finance by offering a user-friendly platform for managing and exchanging digital assets. It strives to improve capital efficiency, ensure robust security through advanced risk management, and promote decentralized governance. Furthermore, a key focus is integrating Bitcoin liquidity into the Sui ecosystem, enhancing interoperability and expanding financial opportunities within Web3 for its users.
Who are the founders and key backers supporting NAVI Protocol's development?
NAVI Protocol was founded by Charles and Elliscope, both bringing extensive experience from prominent technology companies such as Apple and LinkedIn. The project has also secured support and investment from notable entities in the blockchain space, including investment firms focused on Web3 projects. This backing helps solidify the project's foundation, provides strategic guidance, and supports its ongoing development and expansion.
What are the primary security and operational risks associated with using NAVI Protocol?
Users of NAVI Protocol, like any DeFi platform, face risks such as smart contract vulnerabilities, potential oracle manipulation, and broader security issues related to the underlying blockchain. While the team prioritizes security through audits, reviews, and continuous testing, they advise users to consider the protocol in its developmental phase. Participants should exercise caution and only invest amounts they are prepared to lose.
