About Darwinia Network
RING is the native token of Darwinia Network. It's used to pay for the GAS fee of the on-chain transactions and cross-chain services. RING can be staked for staking rewards and obtaining voting power to participate in the governance. Darwinia is the community-run technology and service powering the cross-chain capabilities of decentralized applications. By crafting secure and efficient cross-chain messaging protocols, Darwinia is at the forefront of facilitating seamless communication between disparate blockchain networks. The newest addition to our suite of protocols is Msgport, an innovative messaging abstraction that has been successfully implemented across a wide array of mainstream smart contract platforms, broadening the potential for interoperability and enabling developers to create more versatile and connected blockchain ecosystems.
Get up to $200 for getting started
Sign me up
Trading Insights
Searched
2
Market Stats
Market Cap
S$2.65M
1.55%
FDV
S$15.56M
Circ. Supply
1.7B RING
Max Supply
10B RING
Total Supply
2.1B RING
Diluted Valuation
S$3.27M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
S$109.44K
-9.07%
Volume (7D)
S$852.45K
Volume (30D)
S$3.94M
All time high
S$0.40
Price Change (1Y)
-68.91%
Additional info about Darwinia Network
Recent trends
The latest RING price is S$0.0016. Compared to Darwinia Network's value of S$0.00 from 24 hours ago, there's been a 2% increase, while the current price is -6% down from S$0.00 which was recorded one week ago. Darwinia Network's all time high is S$0.40, which was reached on March 14, 2021. This is a -100% change from its price today.
The current circulating supply of Darwinia Network is 1,705,757,177. This is 17% of its max supply of 10,000,000,000 RING and 81% of its total supply of 2,099,840,849. The market cap is currently S$2.65M, which is a result of multiplying the current price of Darwinia Network(S$0.00) by the total supply(2,099,840,849 RING). The fully diluted valuation of Darwinia Network is S$15.56M. The diluted valuation of Darwinia Network is S$15.56M.
Market details
RING vs markets
↘ 76.67%
RING vs BTC
↘ 79.64%
RING vs ETH
↘ 54.53%
Tags
pos
platform
defi
gaming
+5
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x9469D013805bFfB7D3DEBe5E7839237e535ec483 | |
Arbitrum | 0x9e523234D36973f9e38642886197D023C88e307e | |
Polygon | 0x9C1C23E60B72Bc88a043bf64aFdb16A02540Ae8f |
Price history
Time | Price | Change |
|---|---|---|
Today | S$0.0016 | ↗ 1.83% |
1 Day | S$0.0015 | ↗ 1.83% |
1 Week | S$0.0017 | ↘ 5.90% |
1 Month | S$0.0015 | ↗ 2.05% |
1 Year | S$0.0053 | ↘ 68.91% |
FAQ
Darwinia Network is a Web3 cross-chain bridge hub built on Substrate (a blockchain framework for future ) that enables the easy build of future-proof blockchains. The initial thought while developing Darwinia was to provide a low-level cross-chain solution for Evolution Land (the first Defi+NFT cross-chain game) though later it evolved as a decentralized cross-chain infrastructure. The Darwinia Network can be called the first game chain designed to connect to Polkadot. Thus, the development of the Darwinia network depends on both Polkadot and Substrate frameworks.
Darwinia Network combines cutting-edge cryptography technology, verification games, and super-light client technologies to decentralize the cross-chain transfer process. The aim is to remove third-party participation altogether.
Darwinia Network application areas include DeFi, cross-chain NFT trading, games, etc. Further, Darwinia offers a safe bridging solution that connects to Polkadot, Ethereum, TRON, and other heterogeneous chains by the medium of cross-chain transfer of assets and remote chain calls. Darwinia Bridge Chain is also a bridging hub of Dapps and public chains.
Darwinia Network can operate itself as a stand-alone cross-chain network, and the Darwinia chain is responsible for consensus security and cross-chain interoperability. Darwinia has the choice to access Polkadot as a Parachain of Polkadot, after which Polkadot will take over and be responsible for the security of the Darwinia chain. Polkadot enables all the Parachain in Darwinia Network to connect to a broader external blockchain network.
The native token of Darwinia Network is RING which is used as gas for transactions. Gas includes contract execution fees, network bandwidth charges, storage fees, transaction fees, and more. As per the gene paper, the benefits of Darwinia Network includes transaction fees and block reward. The transaction fees include cross-chain staking fees, App-chain access fees, and others. Darwinia Network distributes newly generated RING on the blockchain as an incentive to the participants of staking. The staking process can also be understood through POS mining, wherein miners obtain staking energy by pledging tokens. POS mining refers to offering computing capability of traditional web and network service to serve the users of Darwinia Network.
Darwinia Network project started in late 2018. Alex Chein and Denny Wang are the co-founders of Darwinia Network. Alex and Denny have also worked on various blockchain projects in the past.
We update our Darwinia Network to SGD currency in real-time. Get the live price of Darwinia Network on Coinbase.
The current market cap of Darwinia Network is S$2.65M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Darwinia Network is S$0.40. This all-time high is highest price paid for Darwinia Network since it was launched.
Over the last 24 hours, the trading volume of Darwinia Network is S$109.44K.
Assets that have a similar market cap to Darwinia Network include Poolz Finance, LandX Finance, Talken, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Darwinia Network is 1.7 billion.
Get up to $200 for getting started
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Darwinia Network calculator
Related assets
Discover conversions
Popular cryptocurrencies
Comparable market cap
Discover more assets
Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.