# R Stablecoin (R)

> Raft is an immutable, decentralized borrowing protocol that allows people to take out stablecoin loans against capital-efficient collateral. Raft's USD stablecoin is called R. 

R is the first USD stablecoin solely backed by stETH (Lido Staked Ether). R provides the most capital-efficient way to borrow using your stETH. R aims to be the stablecoin of choice within the decentralized ecosystem, with deep liquidity across many trading pairs and a stable peg.

Each R is designed to retain a value of 1 USD.


## Price Data

- **Current Price**: N/A
- **Market Cap**: N/A
- **Fully Diluted Valuation**: N/A
- **Circulating Supply**: 11.02M R
- **Total Supply**: 16.02M R

## Price Changes

- **24h**: N/A
- **30d**: N/A
- **90d**: N/A
- **365d**: N/A

## Chain Availability

Available on: base, ethereum

## Resources

- [Website](https://www.raft.fi/)
- [Discord](https://discord.com/invite/KpUqFfM3AY)
- [Coingecko](https://www.coingecko.com/en/coins/r)

## Links

- [View on Zerion](https://app.zerion.io/tokens/R-0x183015a9ba6ff60230fdeadc3f43b3d788b13e21)
- [Trade on Zerion](https://app.zerion.io/tokens/R-0x183015a9ba6ff60230fdeadc3f43b3d788b13e21)

## 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