Acala Network is a decentralized finance (DeFi) platform built on the Polkadot ecosystem, focusing on cross-chain capabilities and stablecoin functionality. Acala has established itself as a trusted backend infrastructure for traditional finance, with partnerships and support from institutions like Coinbase and Figment. This credibility positions Acala as a significant player in the evolving landscape of decentralized finance.
ACA is Acala's native token used for governance voting, transaction fees, and economic capital in liquidation scenarios.
Ruitao Su, Bette Chen, and Fuyao Jiang
2019
February-2025
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