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View ChartDonut (DONUT) is the native ERC-20 token of r/EthTrader, an Ethereum-focused community on Reddit. Launched in December 2019, it is one of the earliest Reddit community points systems built on Ethereum. Donut powers a SocialFi ecosystem that incentivizes user contributions, promotes engagement, and enables decentralized governance within the community.
Unlike traditional internet points, DONUT tokens are fully transferable and usable outside the subreddit, including for trading on various platforms. The token operates on the Ethereum network, benefiting from its robust security and smart contract capabilities. Donuts are distributed monthly based on user activity such as posting, commenting, and participating in governance, creating a fair and transparent reward system for contributors.
The project is maintained by a pseudonymous team and operates as a fully community-run initiative.
The Donut ecosystem is currently maintained by a pseudonymous team and operates as a fully community-run initiative.
Donut operates as an ERC-20 token on the Ethereum blockchain, leveraging the network's consensus mechanism to ensure the integrity and safety of all DONUT transactions. Smart contracts enable transparent and trustless interactions within the ecosystem, allowing users to transfer, trade, and utilize DONUT tokens without intermediaries.
Distribution occurs monthly based on user activity within the r/EthTrader subreddit. Users earn Donuts by posting, commenting, and participating in governance decisions. This activity-based distribution model creates a fair and transparent reward system that incentivizes meaningful contributions to the community.
DONUT holders can participate in governance votes on tokenomics and ecosystem changes. The token is also transferable and tradable outside the subreddit, extending its utility beyond simple rewards.
Donut is one of the earliest Reddit community points systems launched on Ethereum. As one of the earliest examples of a community token, DONUT demonstrates the practical application of blockchain technology in social networks, combining DeFi and governance to create a self-sustaining, user-driven ecosystem.
The token's value proposition lies in its dual nature as both a social reward mechanism and a transferable digital asset. Unlike traditional internet points that exist only within a single platform, DONUT tokens can be transferred and used outside the subreddit, including for trading on various markets.
Distribution amounts are set by community governance, and the token's supply is managed through monthly distribution and community decisions.
DONUT serves multiple functions within the r/EthTrader ecosystem and beyond. Primarily, it acts as a reward for user activity, distributed monthly to contributors who post, comment, and participate in governance. This creates a sustainable incentive structure that encourages quality engagement.
The token enables decentralized governance, allowing holders to influence subreddit policies and ecosystem changes. DONUT holders can participate in governance votes on tokenomics and ecosystem changes. This governance utility gives the community direct control over the project's direction.
The token is also transferable and tradable outside the subreddit, making it a versatile asset within the SocialFi landscape.
The Donut ecosystem continues to evolve as a community-driven project on the r/EthTrader subreddit. The SocialFi ecosystem incentivizes contributions, promotes engagement, and enables decentralized governance, creating a self-sustaining environment for participants.
Beyond basic rewards, the token is transferable and tradable outside the subreddit, and distribution amounts are set by community governance. These features collectively enhance the utility and growth potential of the DONUT token.
DONUT is tracked on major data platforms such as CoinMarketCap and CoinGecko. As one of the earliest Reddit community points systems on Ethereum, Donut continues to serve as a pioneering example of blockchain-based social rewards.
Donut is not mined through traditional proof-of-work mechanisms. Instead, DONUT tokens are distributed monthly to community members based on their activity within the r/EthTrader subreddit. Users earn Donuts by posting, commenting, and participating in governance decisions.
This distribution model functions similarly to a participation-based reward system rather than traditional mining or staking. Distribution amounts are set by community governance.
Supply is managed through monthly distribution and community governance decisions. This approach balances rewarding active participants with maintaining long-term token value.
Since DONUT is an ERC-20 token on the Ethereum blockchain, it can be stored in any wallet that supports Ethereum-based assets. Users should choose reputable wallets that provide secure private key management and support for ERC-20 tokens.
Best practices for keeping DONUT safe include using hardware wallets for significant holdings, never sharing private keys or seed phrases, and verifying contract addresses before interacting with any token. The official Ethereum contract address is 0xc0f9bd5fa5698b6505f643900ffa515ea5df54a9, and the Arbitrum explorer entry is 0xf42e2b8bc2af8b110b65be98db1321b1ab8d44f5.
Investing in crypto-assets carries significant market risk, including extreme volatility and the potential loss of capital. Users should independently assess their financial capacity and consider consulting professional advisors before engaging with any digital assets.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for DONUT 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.
As of right now, the live price of Donut (DONUT) is $0.00019. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated DONUT to USD rate at the top of BTCC’s price page. In terms of market scope, Donut records a 24h trading volume of $0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $22.915244K. Its current circulating supply stands at 120.36M out of a maximum supply cap of ∞.
The price volatility of Donut (DONUT) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (120.36M) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Donut (DONUT) hit an all-time high (ATH) of $0.093923 on 2021-01-29 21:05, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.000081 on 2026-06-28 11:20. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading DONUT futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s DONUTUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Donut, simply log into your BTCC account with USDT margin available, navigate to the DONUTUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for DONUTUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.00019), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for DONUTUSDT with zero financial risk.
Trading Donut (DONUT) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for DONUTUSDT, and review its live price ($0.00019) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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