# AVAI (AVAI) > AVAI is an asset that is pegged to the US Dollar; in other words, a coin intended to float as close to $1.00 USD as possible. It will be backed by locking tokens as collateral in a personal Vault in a Orca Bank as well as via other mechanisms described in the technical overview. The entire process is decentralized and does not use a middleman such as a financial institution, meaning simply that the user is in full control of their funds at all times. An Orca Bank is the contract that allows a user to deposit a specific ERC20 as collateral, granting AVAI in return. Using the USDC token as an example, if a user deposits $150 USD worth of collateral funds into a Vault, they will have the ability to borrow up to 100 AVAI, worth $100 USD. This grants them the opportunity to invest a total of $250 USD, while owing a stable $100 USD. ## Price Data - **Current Price**: $0.68 - **Market Cap**: N/A - **Fully Diluted Valuation**: $1.49M - **Circulating Supply**: N/A - **Total Supply**: 2.20M AVAI ## Price Changes - **24h**: +0.01% - **30d**: +0.00% - **90d**: +0.30% - **365d**: +0.27% ## Chain Availability Available on: avalanche ## Resources - [Website](https://www.avai.finance/) - [Discord](https://discord.com/invite/7Q5x7pcsdg) - [Coingecko](https://www.coingecko.com/en/coins/orca-avai) - [Dex.guru](https://dex.guru/token/avalanche/0x346a59146b9b4a77100d369a3d18e8007a9f46a6) ## Links - [View on Zerion](https://app.zerion.io/tokens/AVAI-bb76eb21-18bb-40e8-8f89-844a43a07115) - [Trade on Zerion](https://app.zerion.io/tokens/AVAI-bb76eb21-18bb-40e8-8f89-844a43a07115) ## Data Source This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically. - API Documentation: https://developers.zerion.io - Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id - Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset