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Wrapped Sonic WS Price
Wrapped Sonic Price Chart (WS)
WS Price
WS vs. Wrapped Token
Wrapped Sonic Detailed Performance
WS shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
WS to USD Converter
Price History
- All-Time High
- $0.989424.36x to ATH
- All-Time Low
- $0.018822.16x to ATL
- Trade Launch Date
- 27 Dec, 2024
677 days ago
What is Wrapped Sonic (wrapped token)?
Wrapped Sonic (WS) is a wrapped token representation of the native Sonic (S) asset, designed to enable compatibility across decentralized finance protocols on the Sonic network. The asset allows users to utilize the underlying layer-1 blockchain token within smart contracts that require a specific wrapped standard for liquidity and trading mechanics.
Does Wrapped Sonic have a fixed maximum supply?
The WS token features an elastic supply model with no fixed maximum cap. New tokens are minted or burned dynamically through the protocol's wrapping and unwrapping mechanisms to maintain a strict peg with the underlying Sonic asset.
Where is the Wrapped Sonic smart contract deployed?
The WS smart contract is deployed on the Sonic network, which operates as an EVM-compatible layer-1 blockchain. The specific contract address is 0x039e2fb66102314ce7b64ce5ce3e5183bc94ad38 and utilizes 18 decimals. This deployment is publicly verifiable on Sonicscan.
Which blockchain network hosts the WS token?
The Sonic blockchain, an EVM-compatible layer-1 network identified by chain ID 146, serves as the native host for this asset. This infrastructure provides the underlying environment for the smart contract execution and decentralized finance integrations required by the token.
How does the wrapping mechanism for WS function?
Users lock native Sonic tokens into a designated smart contract to receive an equivalent amount of WS on a one-to-one basis. This process allows the underlying asset to be utilized in decentralized applications that specifically require the wrapped token standard for liquidity pools and lending protocols.
Wrapped Sonic (WS) Price Live Data
The current price of Wrapped Sonic (WS) is approximately $0.04062, reflecting a increase of 6.29% in the last 24 hours. The WS trading volume in the last 24 hours stands at $673,408.00. Wrapped Sonic's market cap is currently $5.96 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of WS is 146.72 million.