Avici
AVICICrypto-collateralized smart contract banking
Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.21% | 2.41% | 1.66% | 7.86% | 48.16% | -- |
Comparison
Fundraising
| Round | Amount | Valuation | Date | Source | Investor |
|---|---|---|---|---|---|
| Public Sale | $ 3.5M | -- | Nov 12, 2025 | -- | -- |
Tokenomics
Unlock Progress
Open Markets
| # | Exchange | Pair | Price | +2% depth | -2% depth | Volume (24h) | volume % |
|---|---|---|---|---|---|---|---|
| 1 | BBingXCEX | AVICI/USDT | $3.05 | $0 | $0 | $288 | 0.35% |
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People
About Avici
Avici is a crypto-native neobank offering self-custodial Visa cards and virtual bank accounts. Users deposit crypto (USDC, SOL, ETH) as collateral to spend in fiat, with card issuance and account opening requiring no credit check. The core value proposition is self-custody: users retain private keys, and Avici uses account abstraction to subsidize gas fees. It addresses pain points of traditional banking (high barriers, opaque fees) and crypto cards (forced custody, hidden costs). In the past six months (2026-03-04 to 2026-09-04), Avici launched its Earn lending product and expanded card tiers. However, in late August 2026, a smart contract vulnerability in its collateral pool was exploited, causing ~$1.1M in losses and a 49% token price drop. Avici confirmed the issue, upgraded the affected contracts, and committed to full user compensation. The incident highlighted risks in self-custody implementations where third-party contracts still hold funds.
Co-founders:
Sitaram Kakarlamudi - Co-Founder of Avici. Previously founded Librty (blockchain games) and Higin. Focused on building stablecoin infrastructure.
Abhishek Tiwari - CTO & Co-Founder of Avici. Former Senior Solidity Developer at Librty Network and Solidity Developer at Pentonium. Expert in blockchain and full-stack development.
Core executives:
Naveen Kumar - Product & Partnerships at Avici. Previously at ZKX and Web3Auth. Handles product strategy and business development.
Abin Anjalise - Product Lead at Avici. Previously Head of Customer Support at Via Protocol. Manages product operations and customer experience.
Recent team change at Avici: Blockchain Developer Arpit Singh Bhatia (Twitter: @Arpitx35) joined in November 2025 and departed in September 2026, serving about 10 months. This is the only notable recent change.