Waves

Waves is an open blockchain protocol launched on 12 June 2016 that provides tools for building Web 3.0 applications and decentralized solutions. It targets developers and organizations who want to deploy their own applications on a public blockchain without building infrastructure from scratch. The project frames its purpose as improving the security, reliability, and speed of digital systems through decentralized architecture.

Waves operates its own independent chain using a Proof of Stake consensus mechanism, meaning validators are chosen based on the amount of WAVES they hold and stake rather than through computational work. The block time recorded in this dataset is 0.0 minutes, which likely reflects a sub-minute interval rather than an absence of blocks. WAVES is the native token of the Waves chain and is used to pay for operations and participate in network validation.

The fee data stored for this asset shows zero fees collected across every measured period: the trailing 24 hours, 7 days, 30 days, and 12 months. This means the fee-based measures that this site normally computes — such as fee yield or fee-to-market-cap ratios — are not meaningful for Waves under the current data. The protocol hosts a stablecoin supply of 402,500,522.85 (point-in-time), and its total value locked stands at 7,904,069.47 (point-in-time), giving a market-cap-to-TVL ratio of 3.534354, but none of that locked value appears to be generating fee revenue that is captured in this dataset.