How do I create a token on Waves?

Creating a token on Waves requires no coding — use the Waves Exchange web interface, fill in token parameters (name, supply, decimals), pay a small WAVES fee, and your token is live on the blockchain instantly.

Can I swap WAVES without KYC?

Yes. SyntheticSwap supports WAVES swaps with no registration or identity verification.

What is Leased Proof of Stake?

LPoS allows WAVES holders to lease their tokens to full nodes that produce blocks, earning a share of rewards without moving funds from their wallet or running infrastructure.

What happened to USDN?

USDN (Neutrino USD) was an algorithmic stablecoin backed by WAVES. It de-pegged significantly in 2022 during market stress, highlighting risks in algorithmic stablecoin design.

What is Ride in Waves?

Ride is Waves' purpose-built smart contract language — non-Turing-complete by design to prevent infinite loops and make contract behavior more predictable and auditable.

Home/Supported Coins/Waves

Waves

Fast Blockchain Platform for Custom Token Creation and DeFi

Launch Year

2016

Consensus

Leased Proof of Stake (LPoS)

Max Supply

100,000,000 WAVES

Block Time

~60 seconds

WAVES

Waves

Price—

24h Change—

Market Cap—

Volume (24h)—

Circulating Supply—

Swap WAVES Now

No KYC or registration
Non-custodial — your keys, your crypto
1000+ supported exchange pairs
Best available exchange rate

Waves Price Chart

WAVES / USD

Loading chart…

Data by CryptoCompare

About Waves

Waves is a blockchain platform founded by Alexander Ivanov in 2016, designed for easy custom token creation, decentralized trading, and DeFi applications. Waves pioneered user-friendly token issuance — creating a token on Waves takes minutes with no smart contract coding required, for a small WAVES fee. The platform includes a decentralized exchange (Waves.Exchange), the Neutrino stablecoin protocol (USDN), and Ride — a purpose-built non-Turing-complete smart contract language. Waves uses Leased Proof of Stake, allowing token holders to lease WAVES to full nodes and share in block rewards without moving their funds.

History

2016

Waves ICO raises 30,000 BTC; launches as a platform for simple token creation and decentralized trading.

2017

Waves DEX launches, enabling peer-to-peer token trading directly on the blockchain.

2019

Waves Smart Accounts and Ride smart contract language launch, adding programmability to the platform.

2021

USDN (Neutrino USD) algorithmic stablecoin launches; Waves DeFi TVL grows rapidly.

2022

USDN de-pegs amid market turmoil; Waves faces criticism over stablecoin design.

2024

Waves continues platform development with focus on DeFi infrastructure and cross-chain integrations.

How to Swap WAVES

Swapping Waves (WAVES) on SyntheticSwap is simple and requires no registration or KYC. Connect your personal crypto wallet, select WAVES as your source or destination asset, enter your receiving wallet address, and confirm the live exchange rate. Once you send WAVES to the deposit address provided, SyntheticSwap processes the exchange automatically and delivers the destination asset directly to your wallet. No personal information is collected — fully non-custodial from start to finish.

How to Store WAVES

WAVES is stored in Waves-compatible wallets. The official Waves Keeper browser extension and Waves Exchange web wallet are the most common options. Mobile wallets include the Waves Wallet app. Ledger hardware wallets support WAVES. Custom tokens issued on Waves are stored in the same wallets.