# Witnet (WIT)

**Current Price:** $0.0001921 (📈 0% 24h)

**Price in BTC:** 0 BTC

**Rank:** #4903

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## Market Statistics

| Metric | Value |
|--------|-------|
| Market Cap | $256K |
| Fully Diluted | $480.1K |
| Volume (24h) | $65.6 |
| Vol/Mkt Cap | 0.03% |
| Total Supply | 2,500,000,000 |
| Circulating Supply | 1,332,927,867 |

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## Price Changes

| Period | Change |
|--------|--------|
| 1 Hour | 0% |
| 24 Hours | 0% |
| 7 Days | -54.82% |

### All-Time Records

- **All-Time High:** $0.06 (-99.66% from ATH) on Dec 2, 2021

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## Contract Addresses

- **Ethereum:** `0xcafe5de18756817d98f4603f6828397406d4cafe`
- **Base:** `0xcafe5de18756817d98f4603f6828397406d4cafe`

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## Website

- [witnet.io](<https://witnet.io/>)

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## Explorers

- [witnet.network](<https://witnet.network>)
- [intel.arkm.com](<https://intel.arkm.com/explorer/token/witnet>)
- [etherscan.io](<https://etherscan.io/token/0xcafe5de18756817d98f4603f6828397406d4cafe>)
- [ethplorer.io](<https://ethplorer.io/address/0xcafe5de18756817d98f4603f6828397406d4cafe>)
- [basescan.org](<https://basescan.org/token/0xcafe5de18756817d98f4603f6828397406d4cafe>)

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## Categories

- [Smart Contract Platform](<https://coinstats.app/categories/62cf32500fe1c959b31bfa27/>)
- [Infrastructure](<https://coinstats.app/categories/62cf32500fe1c959b31bfa39/>)
- [Oracle](<https://coinstats.app/categories/62cf32500fe1c959b31bfa40/>)
- [Ethereum Ecosystem](<https://coinstats.app/categories/62df90f00fe1c959b306feb9/>)
- [Layer 1 \\(L1\\)](<https://coinstats.app/categories/6411cf6093cc1d0400fa19a4/>)
- [Base Ecosystem](<https://coinstats.app/categories/65364fb261d8580cbc090e47/>)
- [Blockchain Capital Portfolio](<https://coinstats.app/categories/66605a5064d74b7897aa20f1/>)

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## Community

- [Telegram](<https://t.me/witnetio>)
- [Twitter](<https://twitter.com/witnet_io>)
- [Reddit](<https://www.reddit.com/r/witnet>)

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## About Witnet

<h2>What is Witnet?</h2>
<p>Witnet is an open\-source, decentralized oracle network that connects smart contracts to the real world\. It provides a trustless bridge between on\-chain and off\-chain data sources, allowing developers to build applications that require secure access to external data without relying on centralized intermediaries\. The Witnet protocol enables users to submit requests for data from any source, such as web APIs, databases, IoT devices and more\. These requests are then broadcasted across the network of nodes called “Witnesses” who compete to answer the request in exchange for rewards\.</p>
<p>The Witnet protocol is powered by its native token WIT which incentivizes Witnesses to participate in the network\. Witnesses can earn WIT tokens by providing answers to requests and also by staking their tokens in order to increase their chances of being selected as a Witness for a particular request\.</p>
<p>Witnet also offers developers a suite of tools that allow them to easily integrate with the protocol and build powerful dApps that require access to external data sources\. This includes an SDK for building custom oracles and a library of pre\-built oracles for popular web APIs\.</p>

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## Witnet Token Risks

**Trust Score:** 0/100

| Risk Type | Severity | Result |
|-----------|----------|--------|
| Centralized Mint | 🟠 high | ✓ Passed |
| Proxy (Upgradeable) | 🟠 high | ✗ Failed |
| Transfer event amount mismatch | 🟠 high | ✗ Failed |
| Blacklist | 🟠 high | ✗ Failed |
| Centralized Burn | 🟠 high | ✗ Failed |
| Selfdestruct | 🟠 high | ✗ Failed |
| Unauthorized Token Approvals | 🟠 high | ✗ Failed |
| Balance Manipulation | 🟡 medium | ✓ Passed |
| Approval event not emitted | 🟡 medium | ✗ Failed |
| No Transfer event emitted | 🟡 medium | ✗ Failed |
| Basic Transfer Fee | 🟡 medium | ✗ Failed |
| External call in transfer | 🟡 medium | ✗ Failed |
| Cooldown checks | 🟡 medium | ✗ Failed |
| Blockable Transfer | 🟡 medium | ✗ Failed |
| Pausable | 🟡 medium | ✗ Failed |
| Whitelist | 🟢 low | ✗ Failed |
| Not fully ERC20 compliant | ⚪ minor | ✗ Failed |
| ETH Balance Sweep | ⚪ minor | ✗ Failed |
| Assembly usage in transfer | ⚪ minor | ✗ Failed |
| Asset Withdrawal | ⚪ minor | ✗ Failed |

[Learn more about token risks](<https://coinstats.app/blog/risks/>)

---

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## Witnet Markets

| # | Exchange | Pair | Volume (24h) | Vol % | Price |
|---|----------|------|--------------|-------|-------|
| 1 | Mexc | WIT/USDT | $328.1 | - | $0.000188 |

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## Witnet News

### [Chainlink Price Prediction 2023, 2025 – 2030](<https://coinstats.app/news/gpJJp3cjIN_Chainlink-Price-Prediction-2023-2025--2030>)
*Unknown - May 24, 2023*

Price prediction plays a crucial role in the crypto market, serving as a valuable tool for investors\. Understanding and accurately forecasting price actions is essential for making informed investment...

### [Zebec's Modular L3 Nautilus Chain Debuts on Mainnet, Paving the Way for the Future of DeFi and Continuous Payments](<https://coinstats.app/news/zAoZMHQgLd_Zebecs-Modular-L3-Nautilus-Chain-Debuts-on-Mainnet-Paving-the-Way-for-the-Future-of-DeFi-and-Continuous-Payments>)
*Unknown - May 24, 2023*

New York, United States, May 24th, 2023, Chainwire...

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## Also Check Witnet Price On

- [CoinGecko](<https://www.coingecko.com/en/coins/witnet>)
- [CoinMarketCap](<https://coinmarketcap.com/currencies/witnet>)
