Anvil Price

Anvil (ANVL) is a protocol that enables locked on-chain assets to be used as collateral for multiple financial operations without moving them from their original location. In traditional systems, an asset pledged on one platform cannot simultaneously secure a loan elsewhere. Anvil solves this by generating an on-chain proof for each locked asset, making the same collateral recognizable across different credit and payment applications. This approach prevents capital from sitting idle and creates a more efficient collateral infrastructure. The ANVL governance token is used to determine protocol parameters and incentivize security.