Waves (WAVES)

Rank #540

Market snapshot

Price
$0.196938
Market cap
$26.7M
24h volume
$3.2M
Circulating supply
135,467,740
Total supply
135,467,740
Max supply
N/A

What is Waves?

Waves is designed to leverage blockchain technology effectively, focusing on sustainability with a minimal carbon footprint. It provides a platform for developers to create decentralized applications (dApps) and smart contracts, facilitating various use cases in the decentralized finance (DeFi) space.

How Waves works

Waves operates on a decentralized network where users can create and manage their own tokens and smart contracts. The platform features a decentralized exchange (DEX) and automated market maker that integrates multiple liquidity pools for both volatile assets and stablecoins. This allows for efficient trading and liquidity management within the ecosystem.

Key information

Symbol
WAVES
CMC rank
#540
Network / platforms

Waves, BNB Chain, Ethereum, Solana

Categories
N/A
Date added
Jun 2, 2016

Contract address

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

  • Waves

    WAVES

Token contracts on other networks

  • BNB Chain

    0xcbc86b26e0BD751683ecF2581B21f7cE4a224042
  • Ethereum

    0x7296eaA225804451a91616b29D040cAB05435f0d
  • Solana

    4XEjo9GZkKom3E26NQiidJLawwM9kbt76gUMDdGe1meQ

Key characteristics

Waves is open-source, enabling anyone to participate in its development and improvement. It supports various ecosystems, such as Ethereum and Solana, and is categorized under multiple tags including DeFi, smart contracts, and platform. The platform's documentation provides insights into its main features and applications.

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is Waves (WAVES)?
Waves is a blockchain platform that aims to optimize blockchain technology while maintaining a minimal carbon footprint, supporting decentralized applications and services.
How does the Waves network operate?
Waves operates on a decentralized network allowing users to create and manage tokens and smart contracts, featuring a decentralized exchange and automated market maker.
What are the technical characteristics of Waves?
Waves is open-source and supports multiple ecosystems including Ethereum and Solana, facilitating various decentralized finance applications.
What are the risks associated with transferring Waves?
Digital asset prices can be volatile. Users should verify contract addresses and networks before transfers, and understand custody methods and transfer irreversibility.
How can I verify the acquisition of Waves?
Verify the asset name, network, and contract details before transferring. Ensure the destination address is correct and review custody methods.
Where can I find official resources for Waves?
Official resources for Waves can be found on their website at https://waves.tech/ and in their technical documentation at https://docs.waves.tech/en/.

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