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About Wrapped Kaspa
Wrapped Kaspa (wKAS) is a blockchain-based initiative aimed at increasing interoperability between the Kaspa network and the Ethereum network. It's a tokenized version of the Kaspa (KAS) digital currency, encapsulated within an ERC-20 token on the Ethereum network.
The purpose of creating Wrapped Kaspa is to allow Kaspa to be more easily integrated and interacted with in the world of Ethereum's decentralized finance (DeFi) ecosystem. The token operates on a 1:1 ratio with Kaspa, meaning each Wrapped Kaspa token is equivalent to one Kaspa. This approach enables the transfer of value between the two separate blockchains, bridging the gap and allowing users to utilize the benefits of both networks.
The key benefit of wKAS is the ability for users to participate in Ethereum's DeFi ecosystem using their Kaspa holdings, unlocking access to a wide range of services including decentralized exchanges (DEXs), lending platforms, yield farming, and more.
To ensure the balance of wKAS and KAS, Chainge, a trusted custodian, holds the necessary amount of KAS in reserve. This ensures the value of the wrapped token and allows for the reverse process (unwrapping), where users can exchange their wKAS back into KAS at any time.
Trading Insights
Market Stats
Market Cap
£232.85K
FDV
£232.85K
Circ. Supply
119M WKAS
Max Supply
Not enough data
Total Supply
119M WKAS
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£34.13
32.22%
Volume (7D)
£245.95
Volume (30D)
£1.13K
All time high
£0.1675
Price Change (1Y)
Not enough data
71%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Wrapped Kaspa has decreased by 2.43% in the last hour and decreased by 14.33% in the past 24 hours. Wrapped Kaspa’s price has also fallen by 18.99% in the past week. The current price is £0.001955 per WKAS with a 24-hour trading volume of £34.13. Currently, Wrapped Kaspa is valued at 98.83% below its all time high of £0.1675. This all-time high was the highest price paid for Wrapped Kaspa since its launch.
The current circulating supply of Wrapped Kaspa is 119,071,764.553 WKAS which means that Wrapped Kaspa has as total market cap of £232,851.06.
Market details
WKAS vs markets
↘ 53.74%
WKAS vs BTC
↘ 47.58%
WKAS vs ETH
↘ 55.07%
Tags
defi
rehypothecated-crypto
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x112b08621E27e10773ec95d250604a041f36C582 | |
BNB Smart Chain | 0x51E72dd1F2628295cC2ef931cB64fDbDc3a0c599 | |
Polygon | 0x3562Ddf1f5Ce2c02Ef109E9d5A72e2FDB702711D |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.001955 | |
1 Day | £0.002292 | |
1 Week | £0.002411 | |
1 Month | £0.002827 | |
1 Year | £0.00649 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Wrapped Kaspa calculator
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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