Anvil
ANVL Rank #431Price chart
What is Anvil?
Collateral and guarantees
Anvil separates collateral management from the applications that use it. Deposited assets are held in its Secure Vault infrastructure. Letters of credit commit collateral to a specific financial obligation. These guarantees let a counterparty rely on reserved assets rather than an unsecured promise. Collateral pools support arrangements involving multiple participants. Applications integrate the protocol's contracts to create and manage these commitments.
Governance design
ANVL holders delegate voting power to themselves or another address. The current token uses the ERC20Votes standard to track delegated voting balances. Governance proposals can change supported collateral and upgrade protocol contracts. The governance system controls changes to its recognized voting token. Token ownership alone does not activate delegated voting power.
Supply and token migration
The current ANVL contract has a fixed supply of 100 billion tokens. Its constructor mints that entire amount to the designated distribution address. The contract contains no continuing minting schedule. A replacement token introduced standard voting mechanics in place of the legacy token's custom airdrop logic. Only the replacement token is recognized for governance. Holders must delegate the new tokens again because earlier delegation does not carry across the contract migration.
Where to trade ANVL
3 exchanges · top 10
Live spot quotes from connected exchanges
ANVL funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.