Vara Network
VARA Price
How is the price of Vara Network (VARA) calculated?
The price of Vara Network (VARA) is calculated in real-time by aggregating the latest data across 4 exchanges and 4 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
Vara Network Price Chart (VARA)
| 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|
| 1.2% | 12.6% | 35.5% | 42.0% | 45.9% | 95.0% |
VARA Converter
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Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
$13,366,387 |
|---|---|
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Market Cap / FDV
The proportion of current market capitalization compares to market capitalization when meeting max supply.
The closer the Mkt Cap/FDV to 1, the closer the current market capitalization to its fully diluted valuation and vice versa. Learn more about Mkt Cap/FDV here. |
0.25 |
|
Fully Diluted Valuation
Fully Diluted Valuation (FDV) = Current Price x Total Supply
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation. Learn more about FDV here. |
$53,823,752 |
|
24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
$262,845 |
|
Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
2,483,362,203
|
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Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market.
Total Supply = Onchain supply - burned tokens |
10,000,000,000 |
|
Max Supply
The maximum number of coins coded to exist in the lifetime of the cryptocurrency. It is comparable to the maximum number of issuable shares in the stock market.
Max Supply = Theoretical maximum as coded |
∞ |
VARA Historical Price
| 24h Range | $0.005391 – $0.006524 |
|---|---|
| 7d Range | $0.005400 – $0.008276 |
| All-Time High |
$0.2701
98.0%
Sep 21, 2023 (over 1 year)
|
| All-Time Low |
$0.005391
0.0%
Apr 03, 2025 (10 minutes)
|
How do you feel about VARA today?
What is Vara Network about?
Vara Network is a substrate-based, future-proof smart contract platform that is fast, scalable, and simplifies the creation and deployment of next-generation Web3.0 dApps. It is the first standalone network in the Gear Protocol, a next-gen cloud infrastructure platform that provides an intuitive and frictionless environment for web2 and web3 developers to build complex infrastructure solutions and disruptive dApps for any ecosystem.
What makes Vara Network unique?
Vara is built upon three core concepts: the actor model, persistent memory, and Wasm, a WebAssembly-based virtual machine that runs on all modern browsers. This combination enables faster execution than alternative web2 virtual machines, making Vara a wasm-native hub for innovative protocols that leverage parallel execution and asynchronous programming to deliver leading decentralized products in any segment.
What's the history of Vara Network?
Gear Protocol and the Vara Network were originally created by Nikolay Volf, one of the core developers of Polkadot. In 2021, he began building an advanced layer 1 smart contract platform using Substrate, Polkadot's custom framework. The vision was to create a platform that enables fast and efficient execution of robust, feature-rich dApps in a seamless development environment similar to Web 2.0 development. This was achieved by harnessing the power of innovative technologies like Wasm, the Actor Model, and Persistent Memory. Key milestones include: Q2 2021 - Pre-Seed Round, Q4 2021 - $12 Million Seed Round, 2022 - Intensive Scaling and Development, Q4 2022 - Testnet Launch, and Q1 2023 - PoA Launch, which is a chain candidate for mainnet.
What's next for Vara Network?
The community is currently researching and developing several projects, including intensive testing and improvement of the actor model features in the blockchain space, launching a key stack of dApps in the parallel and asynchronous environment, and developing innovative infrastructure solutions, such as offchain zk actors, including machine learning, independently and with segment leaders.
What can Vara Network be used for?
VARA tokens have core utility features required for the network to operate, including transaction fees, staking, network security, governance, and gas pools for gas reservation. Additionally, contributors to the Gear protocol are exploring the mechanics of distributing a portion of block rewards directly to dApp developers.
Where can you buy Vara Network?
VARA tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Vara Network is Coinbase Exchange, where the most active trading pair VARA/USD has a trading volume of $220,288.05 in the last 24 hours. Other popular options include Gate.io and Hibt.
What is the daily trading volume of Vara Network (VARA)?
The trading volume of Vara Network (VARA) is $262,844.55 in the last 24 hours, representing a 66.20% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.
What is the highest and lowest price for Vara Network (VARA)?
Vara Network (VARA) reached an all-time high of BTC0.059979 and an all-time low of BTC0.076603. It’s now trading -98.00% below that peak and 0.00% above its lowest price.
What is the market cap of Vara Network (VARA)?
Market capitalization of Vara Network (VARA) is BTC163.4503 and is ranked #1242 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of VARA tokens (2.5 Billion tokens are tradable on the market today).
What is the fully diluted valuation of Vara Network (VARA)?
The fully diluted valuation (FDV) of Vara Network (VARA) is BTC658.1817. This is a statistical representation of the maximum market cap, assuming total number of 10 Billion ETH tokens are in circulation today.
How does the price performance of Vara Network compare against its peers?
With a price decline of -35.50% in the last 7 days, Vara Network (VARA) is underperforming the global cryptocurrency market which is down -8.60%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are down -7.80%.
Vara Network Markets
| # | Exchange | Pair | Price | Spread | +2% Depth | -2% Depth | 24h Volume | Volume % | Last Updated | Trust Score | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 |
CEX
|
$0.0053700000000000000000000000000000000000000000000000 | 0.37% | $6,742 | $12,982 | $220,288 | 83.85% |
Recently
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| 2 |
CEX
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$0.005407882847744000000000000000000000 | 0.18% | $4,122 | $1,995 | $35,602.00 | 13.55% |
Recently
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| 3 |
CEX
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$0.00540493091423241100000000000000000 | 0.74% | $576 | $943 | $2,779.00 | 1.06% |
Recently
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| 4 |
CEX
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$0.0055350000000000000000000000000000000000000000000000 | 0.48% | $105 | $31 | $4,057.00 | 1.54% |
Recently
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