Wingbits (wingbits.com) price

WINGS

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Wingbits is a decentralized physical infrastructure network (DePIN) built on Solana that crowdsources real-time aviation data. Independent operators host purpose-built ADS-B receiver stations that capture the position, altitude, velocity and identity signals that aircraft broadcast continuously. Wingbits aggregates these signals into a single feed, verifies them, and sells live and historical flight data to commercial customers including airlines, aviation analytics platforms and research teams.

The company was founded in Stockholm, Sweden in July 2023 by Robin Wingardh and Alex Lungu, who met at the Antler accelerator and both previously worked at Klarna. Wingbits has raised 9.5 million USD from investors including Antler, Borderless Capital, Tribe Capital, Spartan Group, Heartcore, GEODNET and Business Sweden.

Conventional flight tracking relies on a mix of ground radar, satellite receivers and volunteer-run hobbyist networks. Coverage is uneven: dense over North America and Western Europe, thin over oceans, deserts and large parts of Africa, South America and Central Asia. Wingbits pays operators to place receivers where coverage is missing, weighting payouts by the new coverage a station adds rather than by raw message volume.

Data integrity is enforced at two levels. Each station is tied to a GNSS-based proof of location, so a receiver claimed position can be checked against its observed signal geometry. Aircraft positions are cross-checked using multilateration (MLAT), which derives an aircraft location from differences in signal arrival time across several independent stations.

WINGS is the network utility token and has two functions. Station operators earn WINGS daily, with payouts scaled to station uptime, coverage contribution and hardware placement. Commercial buyers can pay in WINGS to purchase ADS-B data feeds, alongside a USDC option. Fifty percent of data revenue is used to buy back and burn WINGS, so supply contracts as data sales grow; approximately 9.6 million WINGS have been burned since launch. Holders can also redeem rewards for airline miles and airport lounge access. The token carries no profit-sharing, revenue claim or corporate governance rights.

WINGS is an SPL Token-2022 mint on Solana with a fixed maximum supply of 10,000,000,000 units and six decimals. Both mint authority and freeze authority have been revoked, so no further tokens can be created and no balance can be frozen. The token uses the standard SPL token implementation with no custom program logic. Allocation is 40 percent to community rewards for station operators, 24.5 percent to early backers, 19 percent to the team, 11 percent to ecosystem treasury and liquidity, and 5.5 percent to advisors and partnerships. Backer and team allocations vest on-chain through Streamflow, with a six-month cliff for backers and a twelve-month cliff for the team.

The token generation event took place on 22 April 2026 at 15:00 UTC. WINGS trades on Kraken against USD and on Solana decentralized exchanges including Orca, Raydium and Meteora, and is routed by the Jupiter aggregator, where it is a verified token.

WINGS is issued by Hexagon Foundation Ltd. dba Wingbits (registration number 422223), a Cayman Islands foundation company. Network development and data operations are carried out by Airbits AB (registration number 559361-0461), based in Stockholm, Sweden. A MiCA-compliant white paper was published in October 2025.