What is WAX (WAXP)?
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) as its consensus mechanism and is fully backward compatible with EOS. The custom features and incentive mechanisms developed by WAX are designed to optimize the blockchain's usability in e-commerce, and encourage voting on guilds and proposals. WAX has created a suite of blockchain-based tools upon which dApps, marketplaces, and native non-fungible tokens (NFTs) are built.
How does WAX work?
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 resulting technology reportedly represents a blockchain architecture with 500 millisecond block times, is fee-less for customers, and leverages voting rewards to incentivize participation in the selection of block producers and proposals
Where can you buy WAX?
WAX (WAXP) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for WAXP sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting WAXP, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of WAX (WAXP)?
The reported 24-hour trading volume of WAX is $1.84M. Volume is a live reading of how much WAXP changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.
What is the highest and lowest price for WAX (WAXP)?
WAX reached an all-time high of $2.77 on January 9, 2018, and an all-time low of $0.005880 on February 6, 2026. It is currently trading -99.76% from its peak and +14.29% from its bottom.
The distance from ATH is a useful gauge of recovery potential during a bear market and of stretched positioning during a bull market. Combined with the all-time-low figure it provides a quick statistical frame for thinking about where WAXP sits in its long-run price range.
What is the market cap of WAX (WAXP)?
WAX's market capitalization is currently $30.91M, and it is ranked #698 by market cap on Cryptopricing. Market cap is calculated as the current price multiplied by the circulating supply (4.60 billion WAXP are actively circulating today).
Market cap is a common but imperfect measure. It reflects the theoretical value of every circulating token at the current market price, but it doesn't capture how thin the top of the order book might be - an important caveat for tokens with low floats or illiquid cap tables.
What is the fully diluted valuation of WAX (WAXP)?
The fully diluted valuation (FDV) of WAX is $30.91M. FDV is a projection of what the market cap would be if every token that will ever exist - including those that have not yet been unlocked, mined or issued - were in circulation at the current price.
FDV is a useful second reading alongside market cap. A large gap between mcap and FDV signals that future token emissions could dilute current holders, while a small gap indicates that supply is already mostly out.
How does the price performance of WAX compare against its peers?
Over the past 24 hours, WAX has moved -3.75%. Over the past seven days, the change is -2.77%. Comparing these figures to the global crypto market cap change (shown in the ticker at the top of this page) tells you whether WAXP is leading, lagging or tracking the broader market.
For deeper analysis, the categories strip on the home page groups coins by theme - Layer 1, Meme, DePIN, AI, RWA and so on - and lets you compare WAX against its closest peers. The category detail pages surface the underlying coins and their seven-day sparklines in a single view.
How to store WAX?
Like any crypto asset, the right way to store WAXP depends on how often you plan to use it. Long-term holders typically self-custody using a hardware wallet such as Ledger or Trezor, which keeps private keys offline and immune to most remote attacks.
For active traders, a reputable custodial exchange wallet can be appropriate, especially one with clear proof-of-reserves attestations. Whatever approach you choose, the most important rule is to keep your recovery phrase offline, never share it, and never enter it into a web form or attached to a DM - no legitimate support agent will ever ask for it.
