# Raft

> Track Raft's TVL and market cap with daily on-chain data. Compare Raft with other stablecoin issuers. See charts and datasets in one place. Updated daily.

Source: [Raft on Token Terminal](https://tokenterminal.com/explorer/projects/raft). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Token: RAFT
- Sectors: Stablecoin issuers
- Chains: ethereum

## About

### What it is

Raft is a non-custodial stablecoin protocol built on Ethereum. Raft was founded by David Garai and Dorde Mijovic and launched in 2023.

### Who uses it

The governance structure of the Raft protocol will consist of a 3/5 multisig controlled by a combination of Raft and outside members.

### How it works

Borrowers deposit funds into Raft and receive R stablecoin.

## Metrics

Token Terminal tracks these metrics for Raft daily. Each page has a chart with the full history.

- [Price](https://tokenterminal.com/explorer/projects/raft/metrics/price)
- [Fully diluted market cap](https://tokenterminal.com/explorer/projects/raft/metrics/market-cap-fully-diluted)
- [Circulating market cap](https://tokenterminal.com/explorer/projects/raft/metrics/market-cap-circulating)
- [Token trading volume](https://tokenterminal.com/explorer/projects/raft/metrics/token-trading-volume)
- [Token turnover (fully diluted)](https://tokenterminal.com/explorer/projects/raft/metrics/token-turnover-fully-diluted)
- [Token turnover (circulating)](https://tokenterminal.com/explorer/projects/raft/metrics/token-turnover-circulating)
- [Token holders](https://tokenterminal.com/explorer/projects/raft/metrics/tokenholders)
- [Circulating supply](https://tokenterminal.com/explorer/projects/raft/metrics/token-supply-circulating)
- [Maximum token supply](https://tokenterminal.com/explorer/projects/raft/metrics/token-supply-maximum)
- [Total value locked](https://tokenterminal.com/explorer/projects/raft/metrics/tvl)
- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/raft/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/raft/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/raft/metrics/active-addresses-monthly)
- [Core developers](https://tokenterminal.com/explorer/projects/raft/metrics/active-developers)
- [Code commits](https://tokenterminal.com/explorer/projects/raft/metrics/code-commits)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/raft/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/raft/metrics/gas-used)

## Links

- [github](https://github.com/raft-fi)
- [twitter](https://twitter.com/raft_fi)
- [discord](https://discord.com/invite/raft-fi)
- [website](https://www.raft.fi/)