Kava
ClaimKava is a decentralized blockchain that combines the Cosmos SDK with an Ethereum-compatible execution environment.
Key numbers · TVL $21M · per DefiLlama · updated Oct 18
Overview
Kava provides a blockchain network that connects to the Cosmos ecosystem via the IBC protocol while also supporting Ethereum Solidity developers through an EVM-compatible layer. It hosts decentralized finance applications and enables stablecoin settlement, with natively issued USDT on-chain. Developers building decentralized applications can use Kava as a base layer offering low transaction fees and single-block finality.
Recent activity
Reports $124.44 million stablecoin market cap and 88.21% USDT dominance
Supports natively issued USDT running on an EVM environment
Supports 125+ dApps on Kava ecosystem
88% of stablecoins on Kava are natively issued USDT, minted directly by Tether at the protocol level.
Holds 88.21% USDT dominance in its stablecoin market cap
Earlier
Supports 100+ Kava Rise Protocols and 100+ Infrastructure & Security Partners
1 more from this post
Onboarded 70+ protocols to Kava ecosystem via Kava Rise in 2022
Committed early to native USDT integration and settlement infrastructure
Building native USDT integration, EVM-based financial product infrastructure, and partner distribution through Binance
Supports native USDT integration and partner distribution through Binance on its EVM network
Offers native USDT settlement layer for programmable payment logic.
Connects to 30 chains and $60B+ of the Cosmos ecosystem via IBC
