Raft Price

Raft is a leading next-generation LSDFi protocol that allows users to deposit liquid staking tokens like Lido Staked Ether (stETH) and Rocketpool ETH (rETH) to generate R, a USD stablecoin. Launched in March 2023, Raft operates on the Ethereum blockchain and has a total supply of 2.5B RAFT RAFT tokens. The current price of RAFT is $0.0000533, with a 24-hour trading volume of $0. Raft's market cap stands at $100.86K, ranking it #4801 among all cryptocurrencies. The all-time high for RAFT was $0.01318 on October 11, 2023, while its all-time low was $0.0000451 on June 11, 2025. Raft aims to be at the forefront of the liquid staking derivatives and decentralized finance ecosystem, offering innovative solutions for users to leverage their staked assets.

Raft was created on March 19, 2023. It was launched as a next-generation LSDFi protocol on the Ethereum blockchain, allowing users to deposit liquid staking tokens like Lido Staked Ether (stETH) and Rocketpool ETH (rETH) to generate R, a USD stablecoin. Since its creation, Raft has aimed to become a leading platform in the decentralized finance space, focusing on leveraging liquid staking derivatives to provide innovative financial services.

The founders of Raft are not publicly disclosed. Raft was launched in March 2023 as a decentralized protocol without identifying specific individuals as founders. The project is developed and maintained by a team of anonymous contributors focused on building a leading next-generation LSDFi (Liquid Staking Derivatives Finance) protocol. Raft allows users to deposit liquid staking tokens like Lido Staked Ether (stETH) and Rocketpool ETH (rETH) to generate R, a USD stablecoin. While the founders remain anonymous, the project has an active community and development team working on advancing the Raft ecosystem.

Raft works as a next-generation LSDFi protocol on the Ethereum blockchain. It allows users to deposit liquid staking tokens like Lido Staked Ether (stETH) and Rocketpool ETH (rETH) to generate R, a USD stablecoin. The RAFT token is the native utility token of the protocol. Key features of Raft: 1. Users can mint R stablecoins by depositing supported liquid staking tokens as collateral. 2. The protocol leverages the yield from staked ETH to provide stability and growth. 3. RAFT tokens are used for governance and to capture protocol fees. 4. Total supply is capped at 2.5B RAFT tokens. 5. Currently, 1.89B RAFT RAFT tokens are in circulation. The Raft ecosystem aims to maximize capital efficiency in DeFi by unlocking the value of staked ETH. As adoption grows, RAFT could become an important infrastructure layer for Ethereum-based DeFi applications. With a current price of $0.0000533 and market cap of $100.86K, Raft has potential for growth as the LSDFi sector expands. The project was launched in March 2023 and continues to develop new features and integrations.

Raft utilizes a multi-layered technical architecture: 1. Smart Contracts: Built on Ethereum, these contracts manage core protocol functions like collateral deposits, R stablecoin minting, and liquidations. 2. Liquid Staking Derivatives (LSDs): Raft accepts LSDs like stETH and rETH as collateral, leveraging their yield-generating properties. 3. Stability Mechanism: An algorithmic system maintains R's peg to USD through dynamic interest rates and liquidation thresholds. 4. Governance: The RAFT token enables decentralized governance, allowing holders to vote on protocol upgrades and parameters. 5. Oracle Integration: Price feeds from decentralized oracles ensure accurate collateral valuation and system stability. 6. Frontend Interface: A user-friendly web application allows easy interaction with the protocol's features. This architecture enables Raft to function as an efficient LSDFi protocol, providing users with a stable USD-pegged asset backed by yield-generating Ethereum staking derivatives.

The future of Raft looks promising. The project aims to become a leading LSDFi protocol, allowing users to leverage liquid staking tokens to generate the R stablecoin. Key roadmap milestones include: 2026: Expand supported assets beyond stETH and rETH 2027: Launch governance token and transition to DAO 2028: Integrate with major DeFi protocols 2031: Reach $1 billion in Total Value Locked (TVL) The RAFT token is expected to play a crucial role in protocol governance and value accrual. Price predictions suggest potential growth: 2027: -- -- 2031: -- 2036: -- As adoption increases, Raft aims to become a cornerstone of the Ethereum DeFi ecosystem, offering innovative solutions for liquid staking and stablecoin generation.