The live price of Anvil is $0.00069780 per ANVL/USD, -2.97% in the last 24 hours. It has a market cap of $70.64M and $46.32K in trading volume over the same period. Prices are averaged across every exchange we track and update continuously. ANVL has a circulating supply of 100B.
Anvil is a protocol built on Ethereum that uses smart contracts to manage collateral and issue fully backed credit instruments. Its primary application is the creation of letters of credit (LOCs), which function like digital bank checks, providing a verified economic guarantee of payment. The system aims to offer transparency and trustless verification of assets, which helps reduce counterparty risk in financial transactions.
The protocol is designed to be efficient and extensible, allowing for the integration of various asset types across both decentralized and traditional finance sectors. It serves as a unified platform for asset provision, emphasizing safety, simplicity, and composability as a foundational tool for other applications.
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Anvil's letters of credit can be used in several contexts. They can secure digital payments for online and in-store transactions, provide collateral for instant deposits on centralized exchanges to facilitate trading or liquidity provision, and enable cross-platform asset transfers. Additionally, LOCs can secure deposits and withdrawals on layer 2 solutions, allowing for immediate and safe on-demand asset transfers when integrated by a platform.
Where to buy Anvil
Anvil is available on 1 exchanges. Prices shown are live.
BTC$76,594-2.93%
ETH$2,427-4.15%
USDT$0.9994-0.04%
BNB$722-0.64%
XRP$1.39-3.89%
USDC$1.00+0.04%
SOL$99.53-3.46%
TRX$0.3327-2.26%
HYPE$77.34-4.96%
ZEC$1,127-3.34%
DOGE$0.0817-3.56%
RAIN$0.0145+1.05%
XMR$503-1.45%
LINK$11.26-3.07%
LEO$8.88-1.30%
ADA$0.2015-4.80%
XLM$0.1892-2.64%
BCH$222-1.99%
DAI$1.0000+0.00%
CC$0.0927-4.33%
USDE$0.9995-0.04%
USD1$1.00-0.00%
LTC$51.79-4.09%
UNI$6.43-0.74%
GRAM$1.33-2.13%
HBAR$0.0776-0.66%
BEAM$0.0652+3.16%
AVAX$7.46-1.62%