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Altair

Altair

AIR
$0.001104Up 0.00 percent($0.00)

Key Stats

Market Cap$463.55KUp 0.00 percent
Fully Diluted Value$521.91K
Total Supply472.38M AIR
Max Supply∞
Circulating Supply419.56M AIR
Launch Date2021-09-29

Altair Information

Websites
centrifuge.io
Block Explorers
altair.subscan.io

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Altair Markets

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InstrumentExchangeBenchmark DataPrice24h Change
AltairUSD logo
AIR-USD
AIRUSD
kraken logokraken
AA
0.001384USD
0.00%
AltairEUR logo
AIR-EUR
AIREUR
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AA
0.001228EUR
0.00%

About Altair

Altair (AIR) is a cryptocurrency that bridges real-world assets with decentralized finance, acting as a testing ground for innovative features of the Centrifuge network. It allows users to tokenize assets and access liquidity via decentralized borrowing and lending markets.

Frequently Asked Questions

Altair (AIR) is the native token of the Altair network, a blockchain platform developed as part of the Kusama ecosystem. Altair acts as a "canary" network for Centrifuge, meaning it serves as a testbed for experimental features that may later be deployed on the main Centrifuge network. The primary focus of Altair is to bridge real-world assets (RWAs)—such as invoices, real estate, and revenue streams—with decentralized finance (DeFi), allowing these assets to be tokenized and utilised within the DeFi ecosystem.

Altair (AIR) is designed for facilitating the tokenization and financing of real-world assets on the blockchain, making it easier for users to borrow against their assets in a decentralized manner. This system enables businesses and individuals to access liquidity through collateralized loans using tokenized RWAs, which can be anything from real estate to company revenues. The Altair network supports these transactions by providing a transparent and decentralised marketplace for borrowers and lenders. Altair also integrates with Centrifuge’s Tinlake platform, which allows for structured credit products.

Additionally, Altair's experimental environment allows developers to test new blockchain features, such as asset-backed lending, in a secure yet flexible space provided by Kusama’s parachain structure.

Altair was created by the same team behind Centrifuge, a DeFi platform focused on integrating real-world assets with blockchain technology.