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WAXP to USDT Converter
1 WAXP = 0.00459991 USDT · updated 06:23 UTC
Volume Bubbles Chart (1h)
Each 1-hour candle's volume is signed by its direction (up candles count as net buying, down candles as net selling) and drawn as a bubble at the closing price, green for buying and red for selling. Bubble size and colour intensity show how strong that flow is compared with the last 300 candles: the strongest 30% get full bubbles with their USD value, the rest stay as small dots. Unusually large bubbles flag aggressive buying or selling worth a closer look, often near breakouts, reversals or key levels.Seasonal Chart
Plots one line per calendar year showing the % change since the start of that year, with the current year highlighted against up to four previous years. Lining the years up on the same calendar shows whether the price tends to rise or fall in the same months, helping you spot recurring seasonal patterns. Treat it as context rather than a forecast: past seasonality does not guarantee future moves.WAX Markets
WAX Historical Data
About WAX (WAXP)
WAX is a public blockchain built around digital collectibles, games and consumer-facing Web3 applications. Its developer documentation describes delegated proof of stake (DPoS) and a resource model built around CPU, NET and RAM rather than a single gas balance. WAXP is the network's native token, connecting account activity with resource access, staking and votes for block producers. These mechanics matter to users who interact with marketplaces or game contracts directly.
WAXP and network activity
WAXP is used across the WAX ecosystem to fund accounts, transfer value and participate in network activity. The official token guide also connects it with staking rewards and block-producer voting. The token's practical role is broader than a marketplace payment: account resources and governance are part of how the underlying chain operates.
CPU, NET and RAM are different resources
WAX separates execution time (CPU), transaction bandwidth (NET) and on-chain storage (RAM). CPU and NET are temporary resource allowances, while RAM is purchased storage for account data and contract state. This distinction affects dApp design: a transaction can be valid yet fail when the account lacks enough resources or a contract needs more storage.
PowerUp and resource planning
PowerUp is the user-facing way to obtain CPU and NET for a period without requiring every user to manage a long-term staking setup. The WAX docs recommend it for ordinary accounts with occasional or bursty activity. Developers and high-frequency accounts may need more deliberate resource planning, especially when creating tokens, storing assets or running automated transactions.
DPoS and block producers
WAX uses delegated proof of stake. Token holders stake WAXP and vote for block producers, which validate transactions and produce blocks. Voting gives users a governance channel, but it does not make every holder a validator. The quality of the system still depends on producer performance, election participation, software maintenance and how voting power is distributed.
NFTs, games and practical risks
WAX documentation covers NFT contracts, marketplaces and tools for developers, which explains its emphasis on collectibles and games. Still, an NFT's value or a game's continued operation is not guaranteed by the chain. Users should confirm the correct WAX account name, mainnet support and wallet recovery method before transferring WAXP or granting a contract permissions. For builders, the official resource guides are especially useful because CPU, NET and RAM affect different stages of an application lifecycle. A game may need RAM when creating account assets, while routine actions consume CPU and NET. This operational model is one of the most important WAX-specific details to understand before comparing it with chains that price every transaction through gas.
Last reviewed: Oct 9, 2026
WAX (WAXP) FAQ
What is WAXP?
WAXP is the native token of the WAX blockchain. The official token guide connects it to account funding, network activity, staking and votes for block producers. It is distinct from tokens issued by individual games or NFT projects, which can have their own contracts, supply rules and uses.
What is WAXP used for?
WAXP funds WAX accounts, supports network activity and participates in staking and governance. It is also part of resource management for CPU and NET. An app may issue a separate in-game token, so using a WAX marketplace does not mean every asset there is WAXP.
How does WAX's resource model work?
WAX tracks CPU for transaction execution, NET for transaction bandwidth and RAM for on-chain storage. CPU and NET are temporary execution resources, while RAM is purchased storage. An account may need more resources before an operation succeeds, even if it holds tokens for other purposes.
What is PowerUp on WAX?
PowerUp lets an account obtain CPU and NET for a period without relying on a long-term staking setup for every transaction. The WAX docs describe it as a practical option for normal users with intermittent activity. Frequent users and app developers may still need to plan resources more carefully.
How does WAX choose block producers?
WAX uses delegated proof of stake, with token holders voting for block producers. Elected producers validate transactions and produce blocks. Voting gives WAXP holders a role in network governance, but network reliability still depends on producer operations, software quality and meaningful participation in elections.
Does WAXP support staking?
Yes. WAX documentation describes staking WAXP as part of network participation and resource access, with staking and voting also tied to ecosystem rewards. Exact interfaces and terms can change, so users should consult the current official guide before delegating or changing account resources.
Is WAX mainly for NFTs?
NFTs and games are important WAX use cases, but the chain also supports smart contracts, fungible tokens, marketplaces and other applications. Its developer portal includes token and NFT guides. The presence of infrastructure does not guarantee that any particular collection or game will remain active.
What is WAXP's all-time high?
The market record for WAXP is $2.77, recorded on Jan 8, 2018. WAX's resource system and NFT focus do not determine the token's future value. Historical highs can differ across data sources and exchange coverage, so treat this figure as a past observation rather than a price target.
How has WAXP performed historically?
FMchart's composite chart shows the available historical price series for WAX, with its start date visible in the chart. Monthly and yearly results depend on the exchanges and dates represented in that series. The project's documented mechanics describe network design, not a reliable prediction of future market returns.
What risks should WAXP users consider?
Risks include token-price volatility, resource shortages, wallet recovery mistakes and smart-contract or marketplace failures. WAX account names and recovery methods differ from some other chains, so confirm the destination and backup process before transferring. A popular game or NFT collection can also lose users independently of the blockchain.