Anvil

Anvil (ANVL) ranks #4247 by market capitalization, at $60.45M. It belongs to the DeFi sector (Decentralized Lending). It has traded since Jun 17, 2024, with $195.57K of volume in the last 24 hours. Its all-time high of $0.00944209 was reached on Jan 4, 2025; the current price is 79.1% below that peak. Its cycle low of $0.000100408 came on Oct 8, 2025.

88.1% of the maximum supply of 100.00B ANVL is in circulation. 9 investors are recorded as backers, including Pantera Capital, Founders Fund, Robert Leshner. On Ethereum, 5,019 addresses hold ANVL.

Anvil is a DeFi protocol built on Ethereum that facilitates the issuance of fully secured credit. The protocol allows users to deposit collateral into vaults, issue collateral-backed letters of credit, and make vault-based tokens available to collateral pools. Anvil's protocol encompasses several key components: • Collateral Vault: A Collateral Vault is a smart contract that holds collateral assets deposited by users. It serves as the foundation for issuing credit within the Anvil protocol. • Time-Based Collateral Pool: Time-Based Collateral Pools are designed to manage collateral over specific time periods. They offer: fixed-term lending and borrowing, automatic interest accrual, liquidation mechanisms to protect lenders. These pools allow users to participate in time-bound financial activities with predefined terms and conditions. • Letter of Credit: Letters of Credit in the Anvil protocol are digital representations of traditional financial instruments. They function as promises to pay backed by collateral in vaults, transferable assets within the Anvil ecosystem, tools for facilitating various financial transactions.