Reef

Reef PriceREEF

Rank #1564

$0.0001701

-2.96%

About Reef (REEF)

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Website

reef.io

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Reef is a Layer 1 blockchain built using Parity’s Substrate technology. Initially launched in 2019, it has evolved from a DeFi-focused platform into a fully functional, Ethereum Virtual Machine (EVM)-compatible blockchain. The network operates using a Nominated Proof of Stake (NPoS) consensus mechanism to validate transactions and produce blocks. Nominators stake REEF tokens behind Validators in hopes of being selected for the active validator set. When a Validator successfully produces a block, rewards are distributed between the validator and up to 64 nominators. Network upgrades are proposed by a Technical Council selected through a Proof of Commitment (PoC) consensus mechanism. These upgrades are executed in-place on-chain, eliminating the need for hard forks, maintaining uninterrupted network uptime, and preventing consensus splits. The native cryptocurrency of the blockchain, REEF, is used for governance participation, securing and operating the network, and paying transaction fees.

Reef (REEF) Price Trends

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24H High$0.0001766
24H Low$0.0001655
24H Volume$87.35K
Market Cap
$5.99M
All-Time High(ATH)$0.05746
Circulating Supply
22.82B REEF
All-Time Low(ATL)$0.000297
Total Supply
48.98B REEF
Market Cap/FDV
100%
Max Supply
22.82B REEF
Fully Diluted Valuation
$5.99M
Market SentimentPositive

Live Reef (REEF) Price Update

Reef price today is $0.0001701 with a 24-hour trading volume of $87.35K, and as such Reef has a market cap of $5.99M, giving it a market dominance of 0.00039%. The Reef price moved -2.96% in the last 24 hours.

Time period
Change amount
% Change
1H+$0.00000006801+0.04%
24H-$0.000005188-2.96%
7D-$0.00001877-9.94%
30D+$0.00004763+38.90%
1Y-$0.0007609-81.73%

Popular REEF Exchanges

Team Members

Denko Mancheski
Denko MancheskiFounder CEO

Investors

Binance LabsBinance Labs
NGC VenturesNGC Ventures
Kenetic CapitalKenetic Capital
AU21 CapitalAU21 Capital
Woodstock FundWoodstock Fund
QCP CapitalQCP Capital
Gains AssociatesGains Associates
Alameda ResearchAlameda Research

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FAQ

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