Kava

Kava is a Layer 1 blockchain designed to function as a cross-chain DeFi hub, providing decentralized financial services such as stablecoins, loans, and interest-bearing accounts to users of digital assets. It aims to bridge multiple blockchain ecosystems so that people can access bank-like services without relying on a traditional financial institution. The intended audience is anyone who wants to put digital assets to work through lending or earning mechanisms in a non-custodial environment.

Kava operates as its own Layer 1 blockchain and hosts decentralized applications that deliver financial products directly on-chain. The KAVA token functions within this ecosystem — commonly used for governance, staking, and as collateral within the protocol's lending and stablecoin mechanisms. The data stored here does not specify the consensus algorithm or block time, so a detailed description of block production cannot be provided beyond what is stated.

The data does not record a specific fee stream for Kava, so fee-origin, fee-recipient, and protocol-retained-revenue figures are not available on this page. What the data does show is a total value locked of approximately 20,717,892 USD and a stablecoin supply hosted on the network of approximately 66,645,661 USD, both measured at a point in time. The market-cap-to-TVL ratio stands at roughly 3.68 at the same point in time, meaning the network's circulating market capitalisation is about 3.68 times the value of assets actively locked in its protocols. Without a measurable fee stream in the stored data, standard fee-based yield or revenue metrics cannot be calculated for this asset on this site.