DeFi Intel

Waves chain

layer1 · PageRank 0.0030

Overview

Waves is a blockchain platform for decentralized applications and custom token creation. It uses a lease-based proof-of-stake consensus mechanism and supports smart contracts written in the Ride language. The ecosystem includes a decentralized exchange (Waves DEX) and enterprise-focused solutions.

Within the DeFi Intel graph, Waves connects to 4 tracked entities, most strongly to USD Coin, Tether USD, crvUSD.

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 4 of 4 total).

RelationConnected entityConfidence
deployed_onUSD Coin95%
deployed_onTether USD95%
deployed_oncrvUSD95%
coversECB Director: tokenization gains unmatched by previous waves of tech change - Ledger Insights - blockchain for enterprise70%

Frequently asked questions

What consensus mechanism does Waves use?

Waves uses a lease-based proof-of-stake consensus mechanism.

What programming language are Waves smart contracts written in?

Waves smart contracts are written in the Ride language.

Which stablecoins are deployed on Waves?

Tether USD, USD Coin, and crvUSD are deployed on Waves.