$ACA is the native token of the Acala Network, designed to power its DeFi ecosystem on Polkadot. It plays a central role by serving multiple functions: it’s used to pay transaction fees across both Substrate and EVM environments, ensuring smooth user interactions.

It also gives holders governance rights, allowing them to vote on proposals and influence key network decisions. Additionally, $ACA supports network security through staking and incentivizes liquidity providers and DeFi participants. In essence, $ACA fuels Acala’s vision of a unified, interoperable DeFi hub within the Polkadot ecosystem.