Anvil remains a mid-pack, evidence-light market read
Not rated. Not rated: no numeric rating is currently published for this asset.
| Status | Rated rank | Price | Market cap |
|---|---|---|---|
| Not rated | Not included in rated rankings | $0.002 | $174.7M |
Data as of Nov 3, 2026 — scores are re-evaluated daily. This page refreshes automatically from the published record.
Anvil is a protocol of Ethereum-based smart contracts for managing collateral and issuing fully secured credit. It is designed to provide transparent, trustless verification of assets and reduce counterparty risk. A central application is the letter of credit (LOC), which is described as analogous to a paper bank cheque that draws on verified funds and provides an economic guarantee of payment. Anvil presents a unified protocol for asset provision, emphasizing safety, simplicity, efficiency, extensibility, and composability as a building block for other applications. LOCs can support payment transactions in online and in-store settings, provide counterparty credit for deposits and liquidity provision, and facilitate asset bridging across platforms. They can also secure deposit or withdrawal transactions for layer two implementations, enabling on-demand asset transfers where platforms integrate Anvil LOCs. The project is categorized within decentralized finance and the Ethereum ecosystem.
The asset introduction is background information, not an assessment of current usage or evidence availability. The rating status shown above is separate from that introduction. Sign in to read the latest published assessment and its supporting research.
Anvil remains tracked and discoverable while no numeric rating is currently published. Grade thresholds and hard exclusion gates apply to published ratings.
CryptoGrade publishes transparent, rules-based crypto ratings — identical for every visitor. Educational research only; not financial advice. Crypto assets are volatile and you can lose your entire investment.