Anvil

ANVL Price

About Anvil (ANVL)

Anvil is a decentralized protocol on Ethereum designed to manage collateral and issue fully secured credit through digital Letters of Credit (LOCs).

• It provides a trustless system for asset provision, reducing counterparty risk in both decentralized and traditional finance.
• The protocol features a modular architecture including Secure Vaults, Collateral Pools, and programmable credit instruments.
• Anvil is used by industry leaders like Flexa and Bullish to secure on-chain payments and instant trading deposits.

What Is Anvil

Anvil is a system of Ethereum-based smart contracts that facilitates the issuance of secured credit. At its core, it introduces the digital Letter of Credit (LOC), which acts as a verifiable economic guarantee of payment, analogous to a paper bank cheque drawing from verified funds.

Value moves through the system by locking assets in collateral pools, which then back the issuance of credit instruments. This allows users to prove creditworthiness to anyone, anywhere, without relying on centralized intermediaries. The protocol is designed for maximum efficiency and extensibility to incorporate collateral throughout the broader financial landscape.

The ANVL token is put to work through protocol governance, where holders participate in decentralized risk mitigation and decision-making for the ecosystem. This governance mechanism ensures that the protocol's parameters remain stable and secure as adoption grows.

As the ecosystem expands, Anvil scales by providing primitive building blocks that other decentralized applications can integrate. This enables a wide range of use cases, from online and in-store digital payments to immediate cross-platform asset transfers and institutional credit provision.

What Makes Anvil Unique

• Digital Letters of Credit: Unlike standard overcollateralized loans, Anvil’s LOCs function like digital guarantees, providing a formal economic commitment that can be accepted across various platforms for instant liquidity.
• Modular Financial Primitives: The protocol offers a suite of components—Secure Vaults and Collateral Pools—that are designed for maximum extensibility and composability within the DeFi ecosystem.
• Institutional Adoption: Anvil is already integrated with or utilized by prominent entities such as Flexa and Bullish, bridging the gap between traditional financial guarantees and on-chain transparency.

What Can You Use Anvil for?

• Digital Payments: LOCs provide security for online and in-store transactions, ensuring funds are available and guaranteed for merchants.
• Counterparty Credit: Traders can use LOCs on centralized exchanges to secure instant deposits, enabling immediate trading without waiting for traditional settlement times.
• Asset Bridging: Anvil facilitates immediate cross-platform transactions and can secure deposit or withdrawal transactions on Layer 2 scaling solutions.
• Governance Participation: Holders of ANVL can vote on protocol updates and risk management parameters to ensure the stability of the credit system.

How Does Anvil Work?

Anvil operates through a set of smart contracts on the Ethereum network. The process begins when users deposit assets into a Secure Vault, which manages the collateral safely without requiring external transfers or contracts. These vaults ensure that the underlying assets remain secure and verifiable at all times.

These assets can then be added to Collateral Pools, enabling multi-party credit that is predictable and efficient. When a Letter of Credit is issued, it is fully backed by the underlying collateral in the pool. This crypto-loan mechanism allows for the creation of on-demand credit that is both trustless and transparent.

The protocol uses an application utility token for governance and risk mitigation. Unlike native network assets, ANVL is not used as gas; users pay standard Ethereum gas fees to interact with the protocol's smart contracts. The ANVL token's role is strictly tied to protocol service fees and governance within the Anvil ecosystem.

Team Info and Investors

Anvil is developed by the Acronym Foundation. The project has received backing and recognition from major industry players, including Flexa, Bullish, and CoinDesk. The governance of the protocol is decentralized, allowing the community of ANVL holders to participate in its long-term development and risk management strategies. No specific individual founders or early-stage venture capital rounds are detailed in the available official documentation.

Where can you buy Anvil?

ANVL tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade Anvil is MEXC, where the most active trading pair ANVL/USDT has a trading volume of $95,308.22 in the last 24 hours. Other popular options include Uniswap V4 (Ethereum) and WEEX.

What is the daily trading volume of Anvil (ANVL)?

The trading volume of Anvil (ANVL) is $140,838.48 in the last 24 hours, representing a 99.60% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Anvil (ANVL)?

Anvil (ANVL) reached an all-time high of $0.009290 and an all-time low of $0.00002512. It’s now trading -95.20% below that peak and 1,664.80% above its lowest price.

What is the market cap of Anvil (ANVL)?

Market capitalization of Anvil (ANVL) is $36,636,178 and is ranked #545 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of ANVL tokens (81 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Anvil (ANVL)?

The fully diluted valuation (FDV) of Anvil (ANVL) is $45,085,443. This is a statistical representation of the maximum market cap, assuming the maximum number of 100 Billion ANVL tokens are in circulation today. Depending on how the emission schedule of ANVL tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Anvil compare against its peers?

With a price increase of 2.20% in the last 7 days, Anvil (ANVL) is outperforming the global cryptocurrency market which is down -5.40%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

How to add Anvil (ANVL) to MetaMask?

Adding Anvil (ANVL) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import ANVL as a token. You can copy ANVL’s contract address (0xaeeaa594e7dc112d67b8547fe9767a02c15b5597) and import it manually, or if you've installed MetaMask's chrome extension, add ANVL to MetaMask with one click on CoinGecko.

Add ANVL to MetaMask.