Waves Logo

Waves WAVES

Waves header image

1. Summary

Ranks

Liquidity
98
Developer
52
Social
98
Momentum (beta)
93
Stack Rank™
89
Price
52W High price $4.56
52W High date 14th Mar 2024 (8 months ago)
All Time High (ATH) Date 31st Mar 2022 (2 years ago)
ATH Price $61.30
% From ATH -97.48%
All Time Low (ATL) Date 2nd Aug 2016 (8 years ago)
ATL Price $0.13
% From ATL 1080.92%
Supply & Trading Volume
Trading Volume (24h) $49.26M
Total Supply 100.00M
Circulating Supply 100.00M
Description

Waves is a blockchain that is designed to enable users to create as well as launch custom crypto tokens.

Waves is a blockchain that is designed to enable users to create as well as launch custom crypto tokens.

It essentially allows for the creation, as well as the trading of crypto tokens without a need for extensive smart contract programming. Tokens can be created through scripts, which run in user accounts within the Waves blockchain itself.

These assets are then designed to trade within the entire Waves ecosystem, which has its own decentralized exchange known as the Waves.Exchange.

This exchange was made to facilitate the trade between tokens that are created on the Waves blockchain with other WAVES tokens.

The mainnet was equipped with smart contract functionality in 2018, and this enabled third parties to build decentralized applications (dApps).

The WAVES DEX is one of the world’s fastest decentralized cryptocurrency exchanges where you can create your own newly created coin in a trading pair with any other WAVES token within a matter of seconds, and the platform integrates an automated matcher to pair buy as well as sell others and exchange the tokens when all of the orders are fulfilled.

In the Ethereum network, developers need to pay fees in the form of GAS, which is its internal cryptocurrency. This fee was intended to ensure no subpar enters the blockchain and reduce the functionality, however, Waves eliminates gas fees and replaces them with a flat fee. This means that developers can create robust dApps.

The WAVES Token Explained

The WAVES token is the main cryptocurrency that is used on the network. WAVES tokens are tokens that you can put up in order to create new tokens or stake for rewards. This way, the coin is a versatile cryptocurrency.

Features of Waves

Waves differentiate itself by allowing two types of node to run its software, and these are full nodes and lightweight nodes. Discussing full nodes, they keep a complete history of all of the transactions. Discussing lightweight nodes, they depend on the full nodes for transaction confirmations and interactions within the network.

Waves use a variation of the proof-of-stake (PoS) consensus mechanism seen in many blockchains, however, this one is called leased proof-of-stake (LPoS). Any node that decides to lock up tokens can be eligible to add blocks onto the blockchain. This depends on the number of coins that a node has locked in their special contracts. Nodes also have the option to lease their balance to full nodes, which means that when a full node is selected to produce the net block, and is compensated, the nodes which lease the tokens earn a certain percentage.

However, there is a protocol that determines which node gets this right to produce the next block, and this is known as the Waves-NG.

Waves-NG breaks up the Waves blockchain into two types of blocks, and these are the key blocks as well as the micro blocks.

The key blocks are created through a randomly chosen proof-of-stake miner, where a public key is used by other nodes to create micro blocks which include the transactions.

Founders of Waves (WAVES)

Waves was founded by Alexander Ivanov, which is also known as Sasha Ivanov. Before he created Waves, he released an exchange known as Coinomat, as well as an indexing site known as Coolieindex.

2. Price

WAVES

2.1. Market Performance

How does Waves's (WAVES) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

39.7%

WAVES

-2.0%

Similar Market Cap

60 Day Return

36.2%

WAVES

-13.1%

Similar Market Cap

1 Year Return

-28.4%

WAVES

27.5%

Similar Market Cap

3. Developer Activity

We're monitoring 129 Waves GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Waves Repos)

Commits vs. The Market

  • Past 4 weeks: 3 commits vs. an average of 1
  • Past 12 weeks: 4 commits vs. an average of 8
  • Past year: 114 commits vs. an average of 113

Most Active Repos

Past week 48
Past 12 weeks 214
Past year 1230
Past week 0
Past 12 weeks 63
Past year 262
Past week 4
Past 12 weeks 36
Past year 228
Past week 7
Past 12 weeks 39
Past year 132
Past week 2
Past 12 weeks 8
Past year 49
Past week 2
Past 12 weeks 19
Past year 48

Top Developers 2024

In total, 183 developers have contributed to Waves over the past year. Who are the most active Waves developers, by commits, over the past year?

Related Projects

Developers working on Waves also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 60,701
Active Reddit Users (past 24h) 19
Discord users
Active Discord Users
Telegram Users 2M
Twitter followers 241,670
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://waves.tech/
Explorer http://wavesexplorer.com/
Twitter @wavesprotocol
reddit /r/Wavesplatform
Whitepaper https://medium.com/wavesprotocol/waves-whitepaper-164dd6ca6a23

What is the correct contract address for Waves?

Ethereum 0x1cf4592ebffd730c7dc92c1bdffdfc3b9efcf29a

Has Waves been audited for security?

No security audits found for this project.

Are you the owner of Waves? Edit it here

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