Waves

Waves PriceWAVES

A$0.432892
A$0.012345+2.94%

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Waves Price Today

Current WAVES/AUD real-time price is A$0.432892, with a 24-hour change rate of +2.94% and a 7-day change rate of +0.08%. WAVES currently ranks #450 globally by market cap, with a total market cap of A$59.92829M, a fully diluted valuation (FDV) of A$59.92829M, and a 24-hour trading volume of A$9.746998M. In terms of supply, WAVES has a maximum supply of ∞, a current circulating supply of 138.31M, with 100.00% already in circulation and 0.00% remaining to be unlocked.

About Waves

Waves is a versatile blockchain platform designed to make it easy for users to create custom tokens and build decentralised applications (dApps), positioning itself as a foundational layer for the Web3 economy.

Key Takeaways

Waves is a multi-purpose blockchain platform enabling easy creation of custom tokens and decentralised applications. It utilises a unique Leased Proof-of-Stake (LPoS) consensus mechanism, allowing users to lease their tokens to nodes to earn rewards. The platform features a built-in decentralised exchange (DEX) for seamless trading of its native and custom tokens. Its architecture is designed for high scalability, supporting fast transactions and low fees. The WAVES token is used for paying network fees, participating in governance, and securing the network through staking or leasing.

What Is Waves? Key Specifications & Tokenomics

Waves is an open-source blockchain platform that simplifies the process of issuing custom blockchain tokens and developing dApps, aiming to bridge the gap between traditional finance and decentralised technology.

ItemDetails
Name (Ticker)Waves (WAVES)
Alternative NamesWaves Platform
Consensus MechanismLeased Proof-of-Stake (LPoS)
Smart ContractsYes, via Ride programming language
CategoryLayer 1, Web3 Platform
Hash AlgorithmBlake2b
Block RewardDynamic, based on network activity and leasing
Max SupplyNo hard cap
TPSUp to 100+
Scaling SolutionSidechains, Waves-NG protocol
BlockchainWaves Mainnet

Who Created Waves (WAVES)?

Ukrainian physicist and entrepreneur Alexander Ivanov (also known as Sasha Ivanov) founded the Waves platform. He announced the project in early 2016, and it launched its mainnet in June of the same year following a successful initial coin offering (ICO). Ivanov's vision was to create a user-friendly platform that would lower the technical barriers for token creation and dApp development. Prior to Waves, he was involved in the early cryptocurrency space, including work on the now-defunct Coinomat instant exchange service. The development is primarily steered by the Waves Association, a non-profit organisation based in Switzerland, which supports the ecosystem's growth and decentralisation.

How Does Waves (WAVES) Work?

The Waves blockchain operates on its custom Leased Proof-of-Stake (LPoS) consensus model. Unlike traditional Proof-of-Stake, LPoS allows token holders who do not wish to run a full node to "lease" their WAVES balance to a full node. This leasing process does not transfer ownership of the tokens; it merely grants the chosen node the right to use that stake weight to forge new blocks. The block rewards are then shared between the node operator and the leasers proportionally. This design aims to make network participation and earning rewards more accessible to all users. The platform uses the Ride programming language for writing smart contracts and dApps, which is designed to be secure and developer-friendly. Its architecture also includes a built-in decentralised exchange (DEX) that facilitates the trading of any token issued on the Waves platform directly from user wallets.

What Makes Waves (WAVES) Unique and Valuable?

Waves stands out for its focus on accessibility and practical utility in tokenisation. Its core value propositions include:

  • Ease of Token Creation: One of its flagship features is the ability for any user to create a custom token in minutes with minimal technical knowledge and cost, fostering a vibrant ecosystem of user-generated assets.
  • Leased Proof-of-Stake (LPoS): This consensus model democratises network security participation. Users can earn staking rewards by leasing tokens without the technical overhead or minimum stake required to run a node, promoting wider decentralisation.
  • Integrated Decentralised Exchange (DEX): The native DEX provides immediate liquidity for newly created tokens, solving the "chicken-and-egg" problem of launching an asset without a ready market. It allows for trustless trading directly from the Waves wallet.
  • Scalability Focus: With protocols like Waves-NG, the network is designed for high throughput and low latency, aiming to support mass adoption of dApps and micro-transactions.

What Is Waves (WAVES) Used For?

The WAVES token serves multiple essential functions within its ecosystem:

  • Network Fees: WAVES is used to pay transaction fees for transferring assets, creating tokens, and executing smart contracts on the Waves blockchain.
  • Staking and Leasing: Users stake WAVES directly or lease them to full nodes to participate in securing the network and earn block rewards.
  • Governance: WAVES holders can participate in the decision-making process for protocol upgrades and ecosystem initiatives through decentralised governance proposals.
  • Base Trading Pair: On the native Waves DEX, WAVES acts as a primary trading pair for all other tokens issued on the platform, functioning as a base currency and liquidity anchor.
  • Collateral: Within various DeFi applications built on Waves, WAVES can be used as collateral for borrowing other assets or minting stablecoins.

How Is the Waves (WAVES) Ecosystem Developing?

The Waves ecosystem has expanded significantly beyond simple token issuance. Its development is focused on creating a comprehensive decentralised finance (DeFi) and Web3 stack.

  • DeFi Suite: The ecosystem supports a range of DeFi protocols, including lending platforms, automated market makers (AMMs), and yield farming opportunities, often centred around its stablecoin, Neutrino USD (USDN).
  • Enterprise Solutions: Waves Enterprise offers a private blockchain solution tailored for businesses and governments, focusing on data security and customisable smart contracts.
  • Interoperability: Efforts like the Gravity Bridge protocol aim to connect the Waves ecosystem with other major blockchains like Ethereum, Binance Smart Chain, and others, enabling cross-chain asset transfers and communication.
  • Gaming and NFTs: The platform is also home to numerous NFT marketplaces and blockchain-based gaming projects, leveraging its low fees and fast transactions.

How to Mine Waves (WAVES)?

WAVES cannot be mined in the traditional Proof-of-Work sense. New WAVES tokens are generated through the block creation process in its Leased Proof-of-Stake (LPoS) system. There are two primary ways to earn these rewards:

  • Run a Full Node: Users can operate a full node with a significant stake of WAVES (a minimum balance is required) to become a block generator. They earn rewards for forging new blocks and can attract leases from other users.
  • Lease Your Tokens: The more common method for average users is to lease their WAVES holdings to a trusted full node. This is done directly from the official Waves wallet or compatible interfaces. The leaser retains full ownership and control of their tokens while earning a share of the node's rewards, proportional to their leased amount.

How to Keep Your WAVES Coin Safe?

Securing your WAVES tokens involves standard cryptocurrency security practices tailored to the Waves ecosystem.

  • Use Official Wallets: The Waves.Exchange web wallet and the standalone Waves Client desktop application are the primary official wallets. For maximum security, consider using a hardware wallet that supports WAVES.
  • Secure Your Seed Phrase: When creating a Waves wallet, you will receive a 15-word seed phrase. Write this down on paper and store it in multiple secure, offline locations. Never share it digitally or with anyone.
  • Lease from Trusted Nodes: If you choose to lease your WAVES for rewards, research and select reliable, well-established nodes with a good history. Leasing is non-custodial, but a malicious node could stop sharing rewards.
  • Beware of Phishing: Only interact with the official Waves website and wallet applications. Double-check URLs and avoid clicking on links from unsolicited messages or emails.

How to Buy WAVES Coin?

WAVES is a popular cryptocurrency listed on many exchanges. However, it is recommended to trade on a major platform like BTCC for higher liquidity and better customer support.

  1. Register a BTCC Account: Sign up using your email or mobile number and complete the KYC verification to unlock more features and benefits of the platform.
  2. Deposit Funds: Deposit fiat currency (via bank transfer, card, or third-party payment) or transfer USDT from an external wallet into your BTCC account.
  3. Start Trading: Go to the trading page and search for the spot trading pair WAVES/USDT or the perpetual contract WAVESUSDT.
  4. Place an Order: Enter the amount of WAVES you wish to purchase and submit the order. For contract trading, you can also choose to go short (sell) and adjust the leverage multiplier according to your strategy and risk tolerance.
  5. Confirm Your Purchase: For spot purchases, check your personal account to see if the coins have arrived. For contract trades, check the trading page to see if your order was filled successfully.

How to Buy and Use Waves

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsWaves is instantly credited to your BTCC account, ready for trading at any time.

Related Trading

Choose Waves products that suit your trading style

Thank you for your interest in BTCC. Currently, spot and futures trading services for WAVES are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.

Waves FAQs

How does WAVES staking and its Proof-of-Stake consensus affect token supply and price?

Waves (WAVES) runs on a Proof-of-Stake (PoS) consensus, with a planned transition to Practical Proof-of-Stake Sharding (PPOSS). Instead of mining, validators stake WAVES to secure the network and validate transactions. In return, they earn staking rewards, and holders can delegate their tokens to validators to share in those rewards.

Because staking locks up supply, a large share of WAVES can be removed from liquid circulation. As of early 2022, roughly 80% of tokens were locked in staking, and the network had more than 250 validators. Issuance is governed by community-voted inflation rather than a fixed schedule, so the inflation rate can be adjusted over time.

For long-term price, the key implication is scarcity: heavier staking lock-up and controlled inflation tend to reduce sell pressure, while lighter lock-up or higher inflation can weigh on WAVES price. Staking demand therefore acts as a structural support for WAVES.

How do Waves 2.0 upgrades, PPOSS consensus, and EVM support impact WAVES value?

Waves 2.0 is a major technical roadmap for Waves (WAVES). It introduces Practical Proof-of-Stake Sharding (PPOSS) consensus, a layered architecture overhaul, and planned Ethereum Virtual Machine (EVM) support. Together these upgrades aim to raise throughput, speed up confirmations, and strengthen decentralisation.

The EVM support matters most for demand: it lets developers port Ethereum-based smart contracts and dApps to the Waves network with less effort. Gravity bridges are also planned for EVM-compatible chains such as Ethereum, Avalanche and Binance Smart Chain, plus Bitcoin and Solana, which would expand cross-chain asset flow into the ecosystem.

As more DeFi, DApp and token activity runs on Waves, more WAVES is needed for fees and staking, which can support demand. Faster, cheaper transactions also improve user experience. In short, successful delivery of Waves 2.0 upgrades can lift WAVES utility and long-term value, while delays or weak adoption may limit the upside.

Will a WAVES spot ETF or institutional adoption drive money into Waves?

A spot ETF is a fund that holds the underlying asset directly and trades on a traditional stock exchange. If a Waves (WAVES) spot ETF were approved, it would let institutional and retail investors gain exposure through standard brokerage accounts, without managing wallets or private keys.

Sustained institutional inflows typically raise liquidity, improve market depth, and add legitimacy to an asset. For WAVES, broader institutional adoption would mean larger, steadier buying pressure and a potentially higher price floor, since ETF providers must purchase and custody the underlying token.

That said, ETF approval is not guaranteed and depends on regulatory conditions. Even without a dedicated ETF, growing institutional interest in smart contract platforms can still benefit WAVES through partnerships, enterprise use cases, and the Waves Enterprise hybrid blockchain platform. Investors should treat ETF news as a potential catalyst rather than a certainty.

How does WAVES compare to Bitcoin as a smart contract platform investment?

Waves (WAVES) and Bitcoin (BTC) sit in different parts of the crypto market. BTC is the original store-of-value and settlement network, while WAVES is a Proof-of-Stake smart contract platform built for dApps, custom tokens and DeFi. The table below summarises the main differences.

DimensionWaves (WAVES)Bitcoin (BTC)
Core PositioningSmart contract platform for dApps and custom tokensDigital store of value and settlement layer
Supply ModelCommunity-voted inflation governorFixed cap of 21 million BTC
ConsensusProof-of-Stake, moving to PPOSSProof-of-Work mining
Main Use CasesDeFi, token issuance, enterprise blockchainPayments, value storage, reserve asset

In short, BTC tends to be the lower-volatility, macro-driven allocation, while WAVES offers higher beta exposure to the smart contract platform sector.

How do I set stop-loss and take-profit on WAVES futures trades?

On BTCC, you can attach stop-loss (SL) and take-profit (TP) orders to any WAVES/USDT perpetual contract position. SL caps your downside, while TP locks in gains once price reaches your target.

  • Long position: place the stop-loss below a key support level, a recent swing low, or a moving average; place the take-profit near the next resistance zone.
  • Short position: place the stop-loss above a key resistance level; place the take-profit near the nearest support zone.
  • Trailing stop: use a trailing stop to lock in profits as price moves in your favour, and move the stop-loss up to break-even once the trade is in profit.

Always size positions so that a single stop-out does not wipe out your account, and review SL/TP levels after major market news.

What are WAVES's current price, market cap, and 24-hour trading volume?

The current price of Waves (WAVES) is A$0.432892, with a market cap of A$59.92829M and 24h trading volume of A$9.746998M. The circulating supply is 138.31M (max supply ∞).

These figures update in real time, so short-term moves can shift quickly during volatile sessions. For the most accurate live data, open the WAVES/USDT perpetual contract page on BTCC and check the live order book, funding rate, and recent trades before placing an order.

What are the core drivers of WAVES's price movement?

Waves (WAVES) price is shaped by three main layers:

  • Supply side: staking lock-up (roughly 80% of tokens were staked in early 2022), the community-voted inflation rate, and exchange reserves all affect how much WAVES is available to trade.
  • Ecosystem: total value locked (TVL), Layer 2 activity, and DApp or NFT usage on the Waves network drive real demand for WAVES as a fee and staking token.
  • Macro: Federal Reserve rate decisions, global liquidity conditions, spot ETF net flows, and regulation all influence risk appetite across crypto, including WAVES.

Major technical milestones such as Waves 2.0, PPOSS consensus and EVM support can also act as catalysts, while broader Bitcoin correlation and the four-year crypto cycle remain important background forces.

What are WAVES's all-time high and all-time low prices?

The all-time high of Waves (WAVES) is A$89.997975, reached on 2022-03-31 14:30; the all-time low is A$0.17707, recorded on 2016-08-02 23:20.

These extremes frame the full historical range of WAVES and help traders judge where current price sits within the long-term cycle. For a complete view, open the WAVES/USDT chart on BTCC and inspect the full-cycle candlestick history, including volume and key support and resistance zones.

How do I read WAVES candlestick charts for futures trading?

Reading Waves (WAVES) candlesticks starts with the basics:

  • Candle anatomy: each candle shows the open, high, low and close. The body is the range between open and close; the wicks show the extremes reached during the period.
  • Support and resistance: horizontal zones where price has repeatedly reversed or stalled. These are natural places to plan entries, stop-losses and take-profits.
  • Moving averages: MA and EMA lines smooth price and reveal trend direction. Price above a rising MA suggests an uptrend; price below a falling MA suggests a downtrend.
  • RSI: a reading above 70 is often treated as overbought, while below 30 is treated as oversold.
  • Volume: a breakout is more reliable when confirmed by a clear rise in volume.

Combine these signals rather than relying on any single indicator.

How can I profit when the WAVES price drops using short selling?

You can profit from falling Waves (WAVES) prices without holding spot. On BTCC, open a short position on the WAVES/USDT perpetual contract when you expect price to decline, then close the position (buy it back) at a lower price. The difference between your entry and exit price is your profit, minus fees and funding.

This gives traders a two-way market: you can go long in uptrends and short in downtrends or pullbacks, instead of waiting for a bull market. Shorting is especially useful during bear phases or corrective moves.

Risk management is essential. Always set a stop-loss above a key resistance level, size the position carefully, and remember that leverage magnifies both gains and losses.

Can I trade WAVES perpetual contracts with high leverage?

Yes. BTCC offers flexible leverage on WAVES/USDT perpetual contracts, up to 50x, subject to the platform's risk rules and margin requirements. Higher leverage means a smaller margin controls a larger position, which can amplify returns when the market moves your way.

Leverage also magnifies losses. A small adverse move can trigger liquidation if your margin is thin, so position sizing and stop-losses matter even more at high leverage. Beginners should start at 2x–10x, use strict stop-loss orders, and avoid risking a large share of the account on a single trade.

As you gain experience and consistency, you can gradually adjust leverage to match your strategy and market conditions.

How do I practise WAVES trading with a free demo account?

After registering on BTCC, you can switch to Demo Trading mode and receive virtual funds, for example 100,000 USDT, to practise without risking real capital. The demo environment uses live Waves (WAVES) market data, so prices, charts and order behaviour reflect real conditions.

Use the demo account to practise leverage adjustment, order placement, and setting take-profit and stop-loss orders on WAVES/USDT perpetual contracts. You can test long and short strategies, try trailing stops, and learn how margin and liquidation work.

Because no real money is at stake, the demo account is the safest way to build confidence and refine a trading plan before going live.

How do I buy and trade WAVES step by step?

Follow these four steps to buy and trade Waves (WAVES) on BTCC:

  1. Register on BTCC and complete KYC verification.
  2. Deposit USDT via card or an external wallet.
  3. Go to the WAVES/USDT perpetual contract page.
  4. Set your margin mode and leverage, choose Long or Short, set stop-loss and take-profit, then confirm the order.

Start with a small position and low leverage while you get familiar with the interface. Review the live order book and funding rate before each trade, and always use stop-loss orders to manage risk.

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