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e-Radix

EXRD

Trade e-Radix on DEX

e-Radix can be traded on a decentralized exchange (DEX) using your Coinbase web3 wallet.

About e-Radix

e-Radix (EXRD) is a digital asset that serves as a bridge between the Radix and Ethereum networks. It is the wrapped representation of XRD on Ethereum, and it can be exchanged 1:1 with XRD. e-Radix was instantiated in November 2020 on the Ethereum network as an ERC20 token. It is designed to be a permanent link between the two networks, and it is not designed to expire, meaning there is no planned cutoff for swapping between eXRD and XRD. This feature aims to maintain the price parity between the two tokens.

e-Radix operates within the Radix ecosystem, a layer 1 smart contract platform that was developed to decentralize the global financial system. The platform utilizes Scrypto, an intuitive asset-oriented programming language, and the Radix Engine, a programmable "DeFi Engine". These tools, along with Cerberus, a consensus algorithm, aim to provide atomic composability with linear scalability. e-Radix, as a token, serves as a link between the Radix and Ethereum networks, allowing for the exchange of assets between the two.

e-Radix aims to provide a representation of Radix's XRD token within Ethereum's DeFi ecosystem, similar to how wBTC allows for a representation of Bitcoin in the same ecosystem. This functionality aims to allow for the wider distribution of tokens prior to staking commencing as part of Radix's Delegated Proof of Stake system. This process seeks to further decentralize the Radix Public Network. As a wrapped form of XRD, e-Radix also has a maximum possible supply identical to XRD's, which is the maximum number of XRD that can ever be wrapped into eXRD form.

e-Radix is part of the Radix ecosystem, which was founded by Dan Hughes, a UK-based developer who discovered Bitcoin in 2012. After more than nine years of research, testing, and development, Radix aimed to contribute to the world of DeFi. The platform's breakthrough came in 2020 with the creation of Cerberus, a cross-shard atomically composable consensus protocol. The first iteration of the Radix Public Network, "Olympia", went live in July 2021, and the DeFi development language, Scrypto, was released in early access form in December 2021.

Market

Spain Market Stats

Market cap

€32.4M

Volume (24h)

€392,389.81

Circulating supply

734.8M EXRD

All time high

€0.58

Price change (1h)

-0.93%

Price change (24h)

-2.52%

Price change (7d)

-12.19%

Spain News about e-Radix

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Ahead of EU Elections, Crypto Industry Pushes Blockchain Merits as Policy Focus Shifts to AI

Industry watchers are hoping for a younger, tech-savvy cohort of politicians that can push innovation-friendly policy forward.

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BeInCrypto • Apr 30, 24

Bitcoin Layer2 BEVM Announces Investment from Bitmain

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e-Radix is on the decline this week.

The price of e-Radix has decreased by 0.93% in the last hour and decreased by 2.52% in the past 24 hours. e-Radix’s price has also fallen by 12.19% in the past week. The current price is €0.0441 per EXRD with a 24-hour trading volume of €392.39K. Currently, e-Radix is valued at 92.38% below its all time high of €0.58. This all-time high was the highest price paid for e-Radix since its launch.

The current circulating supply of e-Radix is 734,834,633 EXRD which means that e-Radix has as total market cap of 734,834,633.

FAQ

What is the current price of e-Radix?

We update our e-Radix to EUR currency in real-time. Get the live price of e-Radix on Coinbase.

What is the market cap of e-Radix?

The current market cap of e-Radix is €32.39M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of e-Radix?

The all-time high of e-Radix is €0.58. This all-time high is highest price paid for e-Radix since it was launched.

What is the 24 hour trading volume of e-Radix?

Over the last 24 hours, the trading volume of e-Radix is €392.39K.

How many e-Radix are there?

The current circulating supply of e-Radix is 735 million.

Can I buy e-Radix on Coinbase?

Yes, e-Radix is currently available on Coinbase web3 wallet. For more detailed instructions, check out our helpful how to buy e-Radix guide.