Acala (ACA): Uses, Supply and Risks

Acala (ACA) is the utility and governance token associated with Acala, a decentralized finance network built as a parachain in the Polkadot ecosystem. Acala has offered DeFi services, including tools related to aUSD, its dollar-pegged stablecoin, and liquid staking. These describe the network’s broader scope; they do not guarantee that every product is currently active or available. ACA is issued on Polkadot. The token facts available here do not identify ACA as the native token of any separate chain, so check the network and token contract details carefully before sending it. ACA’s role is distinct from the applications and assets built on Acala: holding ACA does not automatically give you a claim on the network’s products or their revenue.

ACA’s stated uses include paying transaction fees on Acala and fees associated with network stability or penalties. It is also used for governance, giving token holders a way to participate in decisions about the network, subject to the governance rules in effect. The exact features available can change through software updates and governance proposals, so verify current network documentation before relying on a particular use. ACA is not the same as a stablecoin: its market price can fluctuate, and it should not be treated as having a fixed value. Acala has also been associated with aUSD and other DeFi services, but ACA ownership alone does not mean you hold those assets or receive a return from using the network.

As of 2026-11-05, the reported circulating supply was about 1.17 billion ACA. The total supply and maximum supply were both reported as 1.6 billion ACA. Supply figures can be revised as tokens enter circulation or as reporting methods change, so treat them as estimates rather than a guarantee of what is immediately available to trade. On the same date, ACA’s reported market capitalization was about $291,000 and its 24-hour trading volume was about $3,500. Those figures can move quickly and indicate that available trading activity may be limited; a quoted price may not be achievable for a large order. This page does not forecast ACA’s price or recommend buying or selling it.

ACA is issued on Polkadot and is associated with Acala, a Polkadot parachain. When sending ACA or connecting a wallet, make sure the wallet and destination support the correct Polkadot network and asset. Do not assume that an identically named token on another chain is the same asset: tokens with matching names or symbols can be unrelated, and moving assets between networks may require supported infrastructure. Before a transfer, confirm the network, address format, and any deposit requirements shown by the receiving wallet or service. A small test transfer can help catch address or network mistakes, though it does not remove the risk of using an unsupported destination.

ACA carries the usual risks of crypto assets, including sharp price changes, limited liquidity, software vulnerabilities, governance decisions, and changes to the availability of network services. Low trading volume can make it harder to trade at a displayed price. Check whether an exchange or wallet currently supports ACA deposits and withdrawals before relying on it. For self-custody, use a wallet that explicitly supports ACA on Polkadot, and keep the recovery phrase offline and private. Never share it with a person or site claiming to restore, verify, or upgrade your wallet. A mistaken transfer or exposed recovery phrase can result in permanent loss. Consider your own circumstances and do not treat past prices or stated token uses as a promise of future value or performance.