What WAX is
WAX (WAXP) is a digital asset, currently ranked 454th by market capitalization among the assets we track. WAX is a cryptocurrency without a single dominant category label in our data. That makes its own whitepaper and project materials the best guide to what it is actually for.
How to approach WAX
Where a clean archetype is missing, the honest approach is to lean on observable facts: how it trades, how much supply exists, and what the project documents about its design.
Where WAX sits in the market
Trading around $0.00422100, WAX carries a market capitalization of $18.82M. Around $904.72K changes hands across exchanges in a typical 24-hour window. That is a turnover of about 4.81% of the float — a healthy level of activity for an asset this size.
What the price history shows
Recent moves read 24-hour -2.91%, 7-day -9.38%, 30-day -9.75%, 1-year -75.32%. Across roughly the last 365 days of daily candles, WAXP endured a peak-to-trough drawdown of about 76% before stabilizing.
Volatility profile
Recent action puts WAX in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the last 30 days the move totals -9.75%, a useful input for stop placement and position sizing.
How to evaluate WAX
For an asset of this type, three lenses matter most:
- Liquidity — how deep and reliable trading in WAXP is across venues.
- Supply dynamics — circulating versus maximum supply and the resulting dilution path.
- Documentation — what the project itself claims, since standardized sector data is limited here.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
