WAX
WAXP
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Show Coin Info
Price
0.04259867 USD
% Change
5.00%
Market Cap
149M USD
Volume
14.9M USD
Circulating Supply
3.5B
WAX (WAXP) Feed: Events, News & Roadmap
WAX Events on the Chart
What is WAX?
WAX is a purpose-built blockchain and protocol token designed to make e-commerce transactions faster, easier, and safer for all participants. The WAX Blockchain uses Delegated Proof of Stake (DPoS) to ensure the efficiency of its blockchain network.
WAX has created a suite of blockchain-based tools upon which dApps, marketplaces, and native non-fungible tokens (NFTs) are built. These tools include services to support e-commerce operations such as the WAX Cloud Wallet, SSO and OAUTH, a native RNG service, and a developer portal.
The WAX token (WAXP) is used as the internal currency within the WAX ecosystem. It is utilized for conducting transactions, paying fees, and participating in platform governance.