WingRiders Governance Token

WingRiders Governance Token PriceWRT

$0.003531
-$0.000086-2.38%

Last updated:--

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WingRiders Governance Token Price Today

Current WRT/USD real-time price is $0.003531, with a 24-hour change rate of -2.38% and a 7-day change rate of -13.31%. WRT currently ranks #5482 globally by market cap, with a total market cap of $266.707835K, a fully diluted valuation (FDV) of $352.01863K, and a 24-hour trading volume of $211.469176. In terms of supply, WRT has a maximum supply of ∞, a current circulating supply of --, with 0.00% already in circulation and 100.00% remaining to be unlocked.

About WingRiders Governance Token

What is WingRiders Governance Token (WRT)?

WRT is the native governance and utility token of the WingRiders decentralized exchange (DEX) on the Cardano blockchain.

Key Takeaways

WRT is the governance token for the WingRiders DEX, a leading automated market maker (AMM) on the Cardano network. Token holders can propose and vote on key protocol decisions, including fee structures and new feature integrations. The token is used to incentivize liquidity providers. WRT can be used to boost yield farming in available pools via the Boosting Vault. WingRiders leverages Cardano's secure and scalable eUTXO model to offer efficient, low-cost decentralized trading.

WingRiders Governance Token (WRT) Key Specifications & Tokenomics

WingRiders Governance Token (WRT) powers the governance and economic model of the WingRiders decentralized exchange on Cardano.

ItemDetails
Name (Ticker)WingRiders Governance Token (WRT)
Alternative NamesWRT Token
Consensus MechanismCardano's Ouroboros Proof-of-Stake (PoS)
Smart ContractsYes (Plutus, Cardano's smart contract platform)
CategoryDeFi, Governance, DEX
Hash AlgorithmNot Applicable (Native Cardano token)
Block RewardN/A
Max Supply100,000,000 WRT
Total Supply100,000,000 WRT
Circulating Supply75.76M WRT (self-reported)
Launch DateMarch 3, 2022 (per CoinDesk)
Contract / Policy IDc0ee29a85b13209423b10447d3c2e6a50641a15c57770e27cb9d5073
Asset Fingerprintasset18v68f0vgv2nc3at8cuuem7f3fztwqcq2usgjyp
AuditsCertiK Rating 3.9 (out of 5, per CoinMarketCap)
Whitepaperhttps://assets.wingriders.com/lightpaper_v2.pdf
Official Websitehttps://www.wingriders.com/
TPSDependent on the Cardano network
Scaling SolutionCardano's Hydra layer-2 solution (in development)
BlockchainCardano

WRT has a fixed supply and is described as deflationary by nature.

Who Created WingRiders Governance Token (WRT)?

WingRiders is a DAO-operated DEX on Cardano. Governance is conducted through the WingRiders DAO, where WRT holders vote on protocol parameters, feature additions, and fee parameters.

How Does WingRiders Governance Token (WRT) Work?

WRT functions as the lifeblood of the WingRiders decentralized exchange's governance and incentive systems. Its operation is deeply integrated with the Cardano blockchain. As a governance token, holders can lock their tokens to create voting power, enabling them to participate in the WingRiders DAO. They can propose and vote on crucial protocol upgrades, parameter changes (like fee adjustments), treasury management, and the integration of new assets or features. A core function of WRT is to reward users who provide liquidity to the DEX's trading pools. By depositing token pairs into these pools, liquidity providers earn trading fees and often receive additional WRT tokens as rewards, aligning their interests with the platform's growth. WRT can be used to boost yield farming in available pools via the Boosting Vault. The platform also offers ADA autostaking so liquidity providers do not miss out on ADA staking gains. Additionally, WRT may be used for paying reduced trading fees or accessing premium features within the WingRiders ecosystem, enhancing its utility beyond pure governance. The platform supports 9 wallets in total, including the Ledger and Trezor hardware wallets, and users can connect via the Eternl wallet DApp connector directly from the UI.

What Makes WingRiders Governance Token (WRT) Unique and Valuable?

WRT's value proposition is tied directly to the success and unique positioning of the WingRiders DEX within the Cardano ecosystem. WingRiders is a native AMM DEX on Cardano offering over 400 listed Cardano native token pairs. With the deployment of its first stable swap pool to mainnet, it combines features of Curve Finance and Uniswap V2 in one protocol. Unlike wrapped assets from other chains, WRT and the WingRiders platform are built natively for Cardano. This allows it to fully utilize Cardano's security, low transaction costs, and the eUTXO model, which can offer enhanced predictability and parallel processing for transactions. The project is explicitly designed to be governed by its users through the WRT token. This decentralized approach aims to ensure the platform evolves according to the community's needs, fostering long-term alignment and resilience. The dual mechanisms of liquidity mining rewards and yield boosting create a circular economy. They incentivize both liquidity provision (essential for a healthy DEX) and long-term token holding and participation in governance. WingRiders offers ADA autostaking (stake pool operators voted by liquidity providers), a Boosting Vault that enables higher yields on eligible farms, and a stable swap pool deployed to mainnet. The platform has over 300 pools and many farms, several offering double-yield.

What Is WingRiders Governance Token (WRT) Used For?

The WRT token has several primary use cases within the WingRiders ecosystem. It is used for decentralized governance, allowing holders to vote on proposals that shape the future of the WingRiders DEX. It is also used for earning rewards, where users receive WRT tokens as incentives for providing liquidity to trading pools. Additionally, WRT can be used to boost yield farming in available pools via the Boosting Vault. Finally, WRT may be used for platform access and fees, potentially allowing users to pay for or get discounts on transaction fees and other services on the platform. Holding WRT provides additional perks: discounted DEX NFTs and WingRiders FTs when paying in WRT, a higher likelihood of airdrops during marketing campaigns, access to advanced platform statistics, priority customer support and DAO voting discussion, and eligibility to become an Agent (collateral collected in WRT).

How to Buy WRT Coin?

WRT is listed on several centralized and decentralized exchanges; check the official WingRiders channels for current listings. Before trading, verify the contract/policy ID c0ee29a85b13209423b10447d3c2e6a50641a15c57770e27cb9d5073 to avoid counterfeit assets. WRT can also be obtained through farming rewards for providing liquidity, community development claim drops, competitions, and ongoing or planned events within the DEX; announcements are shared on social media.

Cryptocurrency prices are volatile and can change rapidly. Regulatory policies vary by jurisdiction and may affect access to or use of these assets. Smart contract and platform risks also exist. This article is for reference only and does not constitute investment advice.

How to Buy and Use WingRiders Governance Token

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 CoinsWingRiders Governance Token is instantly credited to your BTCC account, ready for trading at any time.

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Thank you for your interest in BTCC. Currently, spot and futures trading services for WRT 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.

WingRiders Governance Token FAQs

What is the live price, market cap, and 24h volume of WingRiders Governance Token (WRT)?

As of right now, the live price of WingRiders Governance Token (WRT) is $0.003531. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated WRT to USD rate at the top of BTCC’s price page. In terms of market scope, WingRiders Governance Token records a 24h trading volume of $211.469176 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $266.707835K. Its current circulating supply stands at -- out of a maximum supply cap of ∞.

Why does the price of WingRiders Governance Token (WRT) fluctuate, and what drives its volatility?

The price volatility of WingRiders Governance Token (WRT) 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 (--) 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.

What are the all-time high (ATH) and all-time low (ATL) for WingRiders Governance Token (WRT)?

Looking at its historical price performance, WingRiders Governance Token (WRT) hit an all-time high (ATH) of $227.957213 on 2024-03-12 13:00, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.002835 on 2026-10-26 18:05. 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.

How to read the WingRiders Governance Token (WRT) price chart for futures trading?

When trading WRT 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 ($211.469176), as price breakouts accompanied by strong volume offer higher reliability.

How to profit from WingRiders Governance Token (WRT) price drops? (Short Selling Guide)

Unlike spot trading where you can only profit from rising prices, BTCC’s WRTUSDT perpetual contracts support two-way trading. If you anticipate a price decline for WingRiders Governance Token, simply log into your BTCC account with USDT margin available, navigate to the WRTUSDT 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.

Can I trade WingRiders Governance Token (WRT) perpetual futures with high leverage on BTCC?

Yes. BTCC offers flexible, high-tier leverage options for WRTUSDT 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.

How to practice WingRiders Governance Token (WRT) futures trading with a free demo account?

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: $0.003531), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for WRTUSDT with zero financial risk.

Step-by-step guide: How to buy and trade WingRiders Governance Token (WRT) on BTCC?

Trading WingRiders Governance Token (WRT) 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 WRTUSDT, and review its live price ($0.003531) 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.