Reef Price, Live Chart & Market Cap

Reef: The Low-Fee Blockchain for Staking, DeFi Trading, and Fast App Development

Name: Reef
Brand: Reef
SKU: REEF
Price: 0.00037982 USD
Availability: InStock

Overview of Reef

Reef is a layer-1 blockchain built for rapid, low-fee DeFi and NFT activities. It powers a vibrant ecosystem that simplifies everything from staking to trading. Reef’s Substrate core supports interoperability and fast execution, while its EVM compatibility makes it easy for developers to deploy dApps. Reef stands out for minimal transaction fees, cross-chain capabilities, and a commitment to user-friendly innovation.

Reef: Low-Fee, Fast, and DeFi-Focused Blockchain

Utility & Use Cases REEF

Staking Rewards

Users can stake Reef to help secure the network and earn yields. This staking model benefits both individual holders and the ecosystem.

Trading via AMMs

Reef supports automated market maker DEXs, letting users swap tokens with low fees and fast confirmations in a decentralized environment.

NFT Minting

NFTs can be easily created and traded on Reef, leveraging quick settlement and near-zero gas costs for digital art and collectibles.

Liquidity Provision

Liquidity pools on Reef let users deposit coins to earn trading fees, bolstering overall market depth and supporting DeFi growth.

Reef Technologies Overview

Fast Transactions

Reef delivers quick block times and near-instant finality, ensuring smooth activity for trading and dApp usage.

Low Fees

Network fees on Reef remain minimal, making DeFi and NFT operations affordable for both new and experienced users.

Cross-Chain Compatibility

Built with Substrate and EVM support, Reef interacts with other networks to move assets freely and expand overall liquidity.

Innovative Tech Stack

Reef integrates on-chain governance and upgradability, making it adaptable to evolving market needs and regulatory changes.

Funding

Reef launched in late 2020 after private sales raised funds from reputable crypto investors. It also leveraged Binance Launchpool for wider token distribution, avoiding a public ICO. This approach supported early liquidity and community growth.

Roadmap

Expanded DeFi Tools

Reef plans to introduce a lending platform and a native stablecoin, providing wider financial options for users.

Launchpad Initiative

A dedicated launchpad will help new projects raise capital and build dApps on Reef for trading, staking, and NFT creation.

Enhanced Interoperability

Improved bridges will streamline asset transfers to and from external blockchains, encouraging higher network usage and volume.

Reef Security & Audit Reports

Reef’s codebase has undergone audits by reputable firms, confirming no critical flaws. The network’s NPoS consensus helps ensure security, and EVM contracts have also been reviewed to safeguard user assets.

FAQ

How to stake Reef?

Use a Reef-compatible wallet, select a validator, and stake your coins to earn rewards.

How to set up a Reef wallet?

Download a Reef-supporting app or browser extension, follow the prompts to create a secure wallet, and store your seed phrase.

Where can I trade Reef tokens?

Trade them on supported crypto exchanges or via decentralized swaps on Reef’s own AMM platform.

What makes Reef different from other blockchains?

It combines Substrate’s speed with low fees and EVM support, enabling a fast and familiar DeFi experience.

Is staking Reef profitable?

Staking rewards can be appealing, though actual profit depends on factors like total supply and network usage.

Can I deploy NFTs on Reef?

Yes. Mint and list NFTs on Reef-based marketplaces for minimal gas costs and rapid confirmation times.

Does Reef offer cross-chain options?

Yes. Reef bridges enable asset transfers with Ethereum and other networks, expanding liquidity and reach.

Top Crypto Exchanges to Trade Reef (REEF)

#	Exchange	Pair	Price	24h Volume
1	WhiteBIT	REEF/USDT	~$0.00092	$3,926,809
2	KuCoin	REEF/USDT	~$0.00092	$4,744,912
3	Uniswap V2 (Ethereum)	0XFE3E6A25.../0XC02AAA39...	~$2.00000008	$57,652
4	BingX	REEF/USDT	~$0.00092	$36,425
5	PancakeSwap (v2)	0XF21768CC.../0XBB4CDB9C...	~$0.0000012	$13,756.44
6	HTX	REEF/USDT	~$0.00092	$8,112,098
7	DigiFinex	REEF/USDT	~$0.00092	$1,071,667
8	CoinTR	REEF/USDT	~$0.00093	$64,786
9	MEXC	REEF/USDT	~$0.00089	$39,000
10	Ourbit	REEF/USDT	~$0.00089	$39,514
11	Bitlo	REEF/TRY	~$0.033	$34,035
12	Biswap	0XF21768CC.../0XBB4CDB9C...	~$0.0000012	$7,762.73
13	PancakeSwap V1 (BSC)	0XF21768CC.../0XBB4CDB9C...	~$0.0000012	$3,622.31
14	Bitlo	REEF/USDT	~$0.00092	$7,639.22
15	CoinEx	REEF/USDT	~$0.00099	$3,909.34
16	PancakeSwap V3 (BSC)	0XF21768CC.../0X2170ED08...	~$2.000000046	$357.21
17	zondacrypto	REEF/PLN	~$0.0042	$1,807.97
18	KuCoin	REEF/BTC	~$8.00000000097	$393.31
19	Binance US	REEF/USDT	~$0.00081	$754.65
20	Bilaxy	REEF/ETH	~$3.00000007	$67,566
21	Bitrue	REEF/USDT	~$0.00092	$457.81
22	Paribu	REEF/TRY	~$0.029	$381,137
23	ChangeNOW	REEF/BTC	~$8.00000000098	$806.73
24	Bitexen	REEF/TRY	~$0.014	$268,756
25	Gate.io	REEF/USDT	~$0.0004	$3,015,091
26	XT.COM	REEF/USDT	~$0.00041	$87,407
27	WEEX	REEF/USDT	~$0.0004	$517.77
28	Giottus	REEF/INR	~$0.2	$0.3
29	Uniswap V3 (Ethereum)	0XFE3E6A25.../0XC02AAA39...	~$2.000000078	$311.2
30	Uniswap V2 (Ethereum)	0XFE3E6A25.../0XDAC17F95...	~$0.001	$37.64
31	zondacrypto	REEF/USDC	~$0.0009	$65.34
32	LATOKEN	REEF/USDT	~$0.0011	$156.6
33	Poloniex	REEF/USDT	~$0.00099	$1.71
34	FMFW.io	REEF/USDT	~$0.00067	$2
35	HitBTC	REEF/USDT	~$0.00067	$2
36	HitBTC	REEF/BTC	~$9.00000000046	$0.00096
37	FMFW.io	REEF/BTC	~$9.00000000046	$0.00096
38	OpenOcean	USDT/REEF	~$1,275.94	$3,494.91
39	Matcha (BSC)	0X55D39832.../0XF21768CC...	~$1,112.48	$4.99