Ark

Ark PriceARK

C$0.341611
C$0.071891+26.65%

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Ark Price Today

Current ARK/CAD real-time price is C$0.341611, with a 24-hour change rate of +26.65% and a 7-day change rate of +73.03%. ARK currently ranks #475 globally by market cap, with a total market cap of C$54.934653M, a fully diluted valuation (FDV) of C$54.934653M, and a 24-hour trading volume of C02.7209M. In terms of supply, ARK has a maximum supply of ∞, a current circulating supply of 199.34M, with 100.00% already in circulation and 0.00% remaining to be unlocked.

About Ark

What is Ark (ARK)?

Ark (ARK) is a cryptocurrency and blockchain-based development platform that enables anyone to create fully customizable and interoperable blockchains. Launched in 2017, ARK operates on its own Modular Layer 1 blockchain built with JavaScript and TypeScript, utilizing a Delegated-Proof-of-Stake (DPoS) consensus mechanism. The platform aims to reduce the industry's reliance on Smart Contracts by offering custom transactions, logic, and support for multiple programming languages. The native ARK token has a total supply of approximately 199.19 million and is used to power network operations, delegate voting, and transaction fees. ARK positions itself as "A Blockchain Ecosystem Built For Everyone," targeting blockchain enthusiasts, startups, and enterprise-level users alike.

Key Specifications & Tokenomics

  • Name: Ark
  • Ticker/Symbol: ARK
  • Consensus Mechanism: Delegated-Proof-of-Stake (DPoS)
  • Blockchain Type: Modular Layer 1, built with JavaScript and TypeScript
  • Launch Date: March 21, 2017
  • Total Supply: Approximately 199.19M ARK
  • Circulating Supply: Approximately 199.19M ARK
  • Max Supply: Not defined
  • Block Reward: 2 ARK per forged block
  • Block Time: 8 seconds
  • Forging Delegates: 51 slots
  • Voting Power: 1 ARK = 1 Vote
  • Official Website: https://ark.io/
  • Block Explorer: arkscan.io
  • Category: Marketplace, DPoS, Layer 1
  • CertiK Rating: 4.0

Who created Ark (ARK)?

ARK was founded in mid-2016, with the ARK Public Network going live on March 21, 2017. The project is managed by ARK Ecosystem SCIC, an international software development company headquartered in Paris, France. François Thoorens serves as the president of ARK Ecosystem SCIC. The business entity was formed shortly after the network launch and is commonly referred to as "ARK.io," which is part of the team's branding and website identity. The project ran a Token Exchange Campaign in 2016, raising $800,000 in bitcoin and other cryptocurrencies, which helped establish the team as a well-funded entity from its inception. Detailed public information about individual core team members beyond the presidency is currently limited.

How does Ark (ARK) work?

ARK operates on a custom-designed Delegated-Proof-of-Stake blockchain with 51 forging delegate slots and eight-second block times. Delegates are elected by ARK token holders, and each forged block creates 2 ARK sent to the validating delegate as a reward. The ARK Core Framework serves as the backbone of any ARK-based network, handling peer-to-peer operations, ledger database management, API access, and custom business logic. A key innovation is the Generic Transaction Interface (GTI), which allows developers to create custom transaction types that run on a customized blockchain without learning a complex new language, as the GTI functions in TypeScript. The ARK Public Network supports special transaction types including multi-payment, multisignature, various registration transactions, and IPFS hash transactions. The ARK Launcher (also called Deployer) enables fully customizable interoperable blockchain creation through a graphical user interface, allowing developers to utilize ARK's consensus model, technology stack, and custom transactions in a plug-and-play manner. Decentralized ARK-based applications and related crypto assets run on sovereign interoperable blockchains to address scaling concerns.

What makes Ark (ARK) unique and valuable?

ARK distinguishes itself through its focus on accessibility and interoperability. Unlike many blockchain platforms that require developers to learn complex new programming languages such as Solidity, ARK leverages TypeScript, a widely known language, through its Generic Transaction Interface. This lowers the barrier to entry for developers seeking to build customized blockchains. The ARK Launcher provides a graphical user interface for deploying interoperable blockchains, making blockchain creation accessible even to those without deep technical expertise. The platform's DPoS consensus is described as eco-friendly and energy-efficient compared to Proof-of-Work systems. ARK's voting mechanism locks voting power at 1 ARK = 1 Vote, preventing users from voting for multiple delegates with a single wallet address, which addresses centralization concerns that have affected other DPoS networks. Additionally, ARK tokens used in voting are not locked and can freely enter and exit the voting wallet address, providing flexibility for token holders. The network has produced over 37 million blocks, processed over 5 million transactions, and created over 206,000 unique wallets.

What is Ark (ARK) used for?

The ARK token serves multiple functions within the ecosystem. Primarily, it is used for staking and voting, where token holders assign vote weight to forging delegates who secure the network. Each ARK equals one vote, and voting power cannot be split across multiple delegates from a single wallet address. ARK is also used to pay transaction fees on the network and serves as the reward for delegates who successfully forge blocks. Beyond the native network, ARK powers the creation and operation of sovereign interoperable blockchains built using ARK's technology stack. Developers and businesses can use ARK to deploy their own customized blockchains for various use cases, including decentralized applications, token creation, and enterprise solutions. The token is also used within ARKVault for desktop and mobile asset management and ARKConnect, a Web3 browser extension for managing ARK addresses and connecting to apps and services.

How Is the Ark (ARK) ecosystem developing?

The ARK ecosystem encompasses several interconnected components. The ARK Public Network serves as the live implementation of ARK technology, hosting the native ARK crypto asset and operating as a fully decentralized network run by 51 validators. Standalone blockchains built on ARK technology operate with independent node operators, expanding the ecosystem's reach. The business entity develops products powered by ARK and assists in maintaining the code base, while an enterprise division drives adoption among larger organizations. The community comprises users, developers, and service providers who contribute to the ecosystem's growth. Key products include ARKVault for desktop and mobile asset management, ARKConnect as a Web3 browser extension described as "Your Web3 Identity," and the ARK Desktop and Mobile Wallets for executing vote transactions. The project has maintained an active presence at industry events, including a presentation at Bitcoin 2023 on the Open Source Stage. ARK states it is at the forefront of the Web3 revolution, powering the ARK Token since 2017.

How to mine Ark (ARK)?

ARK cannot be mined through Proof-of-Work. Instead, ARK is forged by elected delegates who run the network. Delegates are elected by ARK token holders through a voting process. Potential forging delegates can run instances of the ARK Core and campaign for forging status by gathering vote weight from token holders. Users who wish to place their delegate into one of the top 51 slots execute a special vote transaction using the ARK Desktop or ARK Mobile wallets, assigning vote weight to the delegate. Each forged block creates 2 ARK, which is sent to the validating or forging delegate for its work. This DPoS model is designed to be eco-friendly and energy-efficient, as it does not require the computational power associated with traditional mining. Token holders participate in network security indirectly by voting for delegates they trust to maintain the network honestly and efficiently.

How to keep your Ark (ARK) Coin safe?

Securing ARK tokens begins with using official wallets such as ARKVault, available on both desktop and mobile platforms, which allows users to manage their ARK and control their assets directly. ARKConnect, a Web3 browser extension, provides a secure way to manage ARK addresses and connect to apps and services. The ARK Desktop Wallet and ARK Mobile Wallet are used to execute special vote transactions and should be downloaded only from official sources. Users should always verify they are interacting with the legitimate ARK project, as unrelated entities share the "ARK" name, including ARK Invest, ARK Innovation ETF, and ARK: Survival Ascended. Best practices include storing private keys securely offline, using hardware wallets for large holdings, enabling two-factor authentication where available, and being cautious of phishing attempts that mimic official ARK communications. Regularly updating wallet software ensures protection against known vulnerabilities. Before executing any transaction, users should double-check addresses and confirm they are interacting with the correct ARK network.

How to Buy and Use Ark

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsArk is instantly credited to your BTCC account, ready for trading at any time.

Related Trading

Choose Ark products that suit your trading style

Thank you for your interest in BTCC. Currently, spot and futures trading services for ARK are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.

Ark FAQs

What is the live price, market cap, and 24h volume of Ark (ARK)?

As of right now, the live price of Ark (ARK) is C$0.341611. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated ARK to USD rate at the top of BTCC’s price page. In terms of market scope, Ark records a 24h trading volume of C_24h02.7209M (reflecting total buying and selling activity over the last 24 hours), with a total market cap of C$54.934653M. Its current circulating supply stands at 199.34M out of a maximum supply cap of ∞.

Why does the price of Ark (ARK) fluctuate, and what drives its volatility?

The price volatility of Ark (ARK) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Bank of Canada or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (199.34M) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.

What are the all-time high (ATH) and all-time low (ATL) for Ark (ARK)?

Looking at its historical price performance, Ark (ARK) hit an all-time high (ATH) of C$15.438176 on 2018-01-09 15:40, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at C$0.042635 on 2017-03-22 15:00. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.

How to read the Ark (ARK) price chart for futures trading?

When trading ARK futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (C_24h02.7209M), as price breakouts accompanied by strong volume offer higher reliability.

How to profit from Ark (ARK) price drops? (Short Selling Guide)

Unlike spot trading where you can only profit from rising prices, BTCC’s ARKUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Ark, simply log into your BTCC account with USDT margin available, navigate to the ARKUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.

Can I trade Ark (ARK) perpetual futures with high leverage on BTCC?

Yes. BTCC offers flexible, high-tier leverage options for ARKUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.

How to practise Ark (ARK) futures trading with a free demo account?

Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: C$0.341611), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for ARKUSDT with zero financial risk.

Step-by-step guide: How to buy and trade Ark (ARK) on BTCC?

Trading Ark (ARK) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for ARKUSDT, and review its live price (C$0.341611) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.