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RAI is a non pegged, ETH backed stable asset. It is useful as more "stable" collateral for other DeFi protocols (compared to ETH or BTC) or as a stable asset with an embedded interest rate.
The recent Rai Reflex Index (RAI) price today is $2.83 USD. We update our RAI to USD on frequent basis. The current Rai Reflex Index situation is up 0.60975% in last 24 hours. The current grepget rank is #1488. Rai Reflex Index has a circulating supply of 1,702,459.82524643 RAI.