Nectar (NECT) is an over-collateralised, Berachain native stablecoin issued through the Beraborrow protocol. At any time NECT can be redeemed against the underlying collateral at face value. To borrow, you must open a Den and deposit an approved Berachain asset as collateral.
Beraborrow is a leading Berachain native CDP protocol. Unlike traditional CDP platforms, the Beraborrow protocol is powered by Proof-of-Liquidty (PoL), aligning incentives with borrowers and the Berachain ecosystem.
Where is Nectar available for purchase?
You can exchange NECT tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Nectar is Burrbear, notably the NECT/HONEY pair, which saw a trading volume of $ 147,327 in the past day. Additionally, Kodiak V3 is popular alternative for trading tokens.
What is the highest value Nectar (NECT) has ever reached?
Nectar (NECT) reached its peak price at 1.035 $ on 07 February 2025, approximately 6 months ago ago. Presently, the current price is -3.38% lower than this all-time high.
What is the historical minimum price for Nectar (NECT)?
The minimum price reached for Nectar (NECT) was 0.938 $, documented on 04 August 2025, more than 14 days ago. In comparison, the current price is 6.6%, it above this historical low.
What is the fully diluted valuation of Nectar (NECT)?
The fully diluted valuation (FDV) of Nectar (NECT) stands at $ 4,70 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of NECT tokens. The realization of this FDV might take several years depending on the emission schedule of NECT tokens.