XRD

RadixXRD

Rank #3044
Coin
On 27,362 watchlists

Radix Price (XRD)

$0.05809
2.48%

0.0000031 BTC5.40%

0.00004539 ETH5.73%

Low:$0.05803
High:$0.06015
24h
XRD  Radix XRD
Price:
$0.05809
 2.48%
Market Cap
$268,611,677
0.00%
Fully Diluted Market Cap
$1,394,264,631
2.48%
Volume
24h
$513,742
58.33%
Volume / Market Cap
0.001913
Self Reported Circulating Supply
4.62B XRD
Max Supply
24,000,000,000
Total Supply
12,353,828,178
Sponsored

Radix to USD Chart

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XRD to USD Converter

XRD

Radix

USD

United States Dollar

XRD Price Statistics

Radix Price Today
Radix Price$0.05809
Price Change24h-$0.001476
2.48%
24h Low / 24h High
$0.05803 /
$0.06015
Trading Volume24h$513,741.51
58.33%
Volume / Market Cap0.001913
Market Dominance0.00%
Market Rank#3044
Radix Market Cap
Market Cap$268,611,677.42
Fully Diluted Market Cap$1,394,264,630.79
2.48%
Radix Price Yesterday
Yesterday's Low / High
$0.05803 /
$0.06015
Yesterday's Open / Close
$0.05837 /
$0.05941
Yesterday's Change

1.77%

Yesterday's Volume$310,227.34
Radix Price History
7d Low / 7d High
$0.05575 /
$0.061
30d Low / 30d High
$0.05575 /
$0.0716
90d Low / 90d High
$0.05562 /
$0.07301
52 Week Low / 52 Week High
$0.05562 /
$0.6538
All Time High
Nov 14, 2021 (10 months ago)
$0.6538
91.11%
All Time Low
Aug 29, 2022 (a month ago)
$0.05562
4.45%
Radix ROI

48.94%

Radix Supply
Circulating Supply4,623,713,545 XRD
Total Supply12,353,828,178 XRD
Max Supply24,000,000,000 XRD

XRD to USD Converter

XRD

Radix

USD

United States Dollar

XRD Price Live Data

The live Radix price today is $0.058094 USD with a 24-hour trading volume of $513,742 USD. We update our XRD to USD price in real-time. Radix is down 2.48% in the last 24 hours. The current CoinMarketCap ranking is #3044, with a live market cap of not available. The circulating supply is not available and a max. supply of 24,000,000,000 XRD coins.

If you would like to know where to buy Radix at the current rate, the top cryptocurrency exchanges for trading in Radix stock are currently MEXC, XT.COM, Gate.io, DigiFinex, and BitMart. You can find others listed on our crypto exchanges page.

What Is Radix (XRD)?

Radix (XRD) is a layer-one protocol specifically built for DeFi purposes. Radix promises to be the "layer 1 DeFi done right" since it allegedly will prevent the ever-present danger of exploits and hacks without compromising scalability. It employs a new consensus mechanism called Cerberus, which is supposed to deliver the performance needed to fulfill its ambitious goal of creating a new, decentralized global financial system.

Radix also boasts its own version of the Ethereum Virtual Machine (EVM) called the Radix Engine. It allows developers to build for its ecosystem using pre-built Radix components. Combining all of these features, Radix aspires to replace leading DeFi chains like Ethereum and become the de-facto solution for decentralized finance in the future.

Who Are the Founders of Radix?

Radix was founded in 2017 by the current CTO Dan Hughes, an expert in distributed ledger technologies that had been experimenting with Bitcoin back in 2011 and started working on scaling solutions in 2013. Hughes initially experimented with several scaling solutions like DAG and Channel Asynchronous State Trees and eventually decided to work with a data structure called Tempo for Radix.

Working alongside him is CEO Piers Ridyard, an experienced founder and executive with a history of working in the blockchain, crypto, and financial services industries. The leadership team also comprises of Russell Harvey, a former Microsoft and Kaiser Permanente executive, and Adam Simmons, a digital marketing expert that worked for Verasity.

The project also secured $6 million in backing over two seed rounds.

What Makes Radix Unique?

Radix promises several highly ambitious improvements vis-a-vis its competitors.

First, it vows to skyrocket DeFi developer productivity. Radix claims that DeFi developers spend most of their time on code security rather than focusing on building functional products. Despite that, multi-million dollar exploits have not been averted and are still present in the day-to-day dealings of DeFi. Radix proposes a new programming language called Scrypto, which is purpose-built for DeFi and enables fast and secure development of DeFi-focused DApps.

Moreover, the execution efficiency of DeFi protocols is predicted to grow massively thanks to the Radix Engine, the replacement of the Ethereum Virtual Machine. The first version of the Radix Engine was released after the Radix mainnet went live at the end of July 2021, with a V2 scheduled to come in 2022.

The Radix Engine will also contribute to the blockchain's scalability in combination with the Cerberus consensus mechanism. Radix argues that even scaling solutions like Ethereum 2.0 or a fully functional Solana will not be able to cope with the amount of data the global financial system processes daily. If DeFi is to go mainstream, blockchains will have to deliver millions of transactions per second, which Cerberus promises thanks to its natively integrated fully sharded solution released in 2023.

Its custom application layer is designed to deliver faster-to-market builds for DeFi developers and boasts lower on-ledger running costs. Moreover, its consensus layer promises linear scalability that can scale seamlessly to thousands of nodes and billions of users. If delivered as promised, Radix would enable DeFi applications to work together without stalling other applications or transactions simultaneously. Radix founded GoodFi, a non-profit to get 100m users into DeFi by 2025, which already has a number of notable members including Aave, Sushiswap, Chainlink, mStable, Terra & more.

Check out Polkadot (DOT) — a blockchain that serves as the basis for other blockchains.

Read our deep dive into layer-two solutions.

Get the latest crypto news and latest trading insights with the CoinMarketCap blog.

How Many Radix (XRD) Coins Are There in Circulation?

XRD will initially be an ERC-20 token used for staking, voting, and paying network transaction fees before transitioning to its final native state. The total supply of XRD is 24 billion, distributed as follows:

  • 12 billion was allocated at the genesis of the Radix Public Network. 9.6 billion of these tokens are unlocked and part of the circulating supply; 2.4 billion are indefinitely locked in the stable coin reserve.
  • 12 billion is being minted by the Radix Protocol as network emission to reward stakers and validators over an approximately 40 year period. Network emission commenced with the genesis of the Radix Public Network in July 2021.

Of the initial 12 billion, 4.41 billion were distributed as ERC-20 versions. These are distributed as follows:

  • Community Contributions (3 billion): distributed to purchasers in the token sale that ran from 2013 to 2017
  • Token Sale (642 million)
  • Radix Foundation (568 million): Radix Tokens Ltd., a subsidiary of the Radix Foundation, will receive 200 million. 10 million ERC-20 XRD is allocated to marketing, subject to vesting.
  • Developer Incentives (100 million)
  • Network Subsidy (100 million)

How Is the Radix Network Secured?

Radix uses a version of sharding for its Cerberus consensus mechanism to deliver its promised top performance.

Instead of global ordering, Cerberus uses partial transaction ordering, allocating transactions only to relevant shards. This enables Cerberus to employ a type of Byzantine Fault Tolerance that essentially allows three phases of consensus finding to run in parallel, thereby speeding up the process. That enables Radix to reach the instant finality needed for seamless processing of hundreds of thousands of transactions per second.

Where Can You Buy Radix (XRD)?

XRD is available on Bitfinex.

If you want to learn more about how to start buying cryptocurrencies, you can read more in our guide.

XRD to USD Converter

XRD

Radix

USD

United States Dollar

XRD Price Statistics

Radix Price Today
Radix Price$0.05809
Price Change24h-$0.001476
2.48%
24h Low / 24h High
$0.05803 /
$0.06015
Trading Volume24h$513,741.51
58.33%
Volume / Market Cap0.001913
Market Dominance0.00%
Market Rank#3044
Radix Market Cap
Market Cap$268,611,677.42
Fully Diluted Market Cap$1,394,264,630.79
2.48%
Radix Price Yesterday
Yesterday's Low / High
$0.05803 /
$0.06015
Yesterday's Open / Close
$0.05837 /
$0.05941
Yesterday's Change

1.77%

Yesterday's Volume$310,227.34
Radix Price History
7d Low / 7d High
$0.05575 /
$0.061
30d Low / 30d High
$0.05575 /
$0.0716
90d Low / 90d High
$0.05562 /
$0.07301
52 Week Low / 52 Week High
$0.05562 /
$0.6538
All Time High
Nov 14, 2021 (10 months ago)
$0.6538
91.11%
All Time Low
Aug 29, 2022 (a month ago)
$0.05562
4.45%
Radix ROI

48.94%

Radix Supply
Circulating Supply4,623,713,545 XRD
Total Supply12,353,828,178 XRD
Max Supply24,000,000,000 XRD