What is the current price of Coinweb?
The current price of Coinweb is $0.0005816 with a 1.68% change in the last 24 hours.
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Coinweb is a cross-chain computation layer that runs on top of existing blockchains instead of competing with them. Its developer portal calls it "a Layer-2 protocol for building chain agnostic decentralized applications", and the official site markets it as a chain abstraction layer that lets developers deploy one dApp across multiple blockchains as if they were one. CWEB is the token that pays for computation on Coinweb and is staked to secure parts of the protocol. It matters because most cross-chain tools move data or tokens between chains, while Coinweb tries to run the application logic itself across them.
The Coinweb whitepaper, titled "Coinweb: Cross-Chain Computation Platform", is dated May 15, 2021 and authored by Alexander Kjeldaas, Alejandro Duran-Pallares and Knut Arne Vinger. The website states that Coinweb Labs is the main contributor to the protocol and runs a grant programme plus design and build consultancy for Web3 applications. The pages we reviewed do not give a founding date for the company or detailed biographies of the team.
Coinweb's design is called the Inchain architecture. The whitepaper's central claim is that computation, being deterministic, does not need consensus; consensus only needs to order data. So Coinweb reuses the ordering and data availability of existing chains and performs its own computation on top.
Embedding in host chains Coinweb transactions are recorded on existing blockchains. Coinweb keeps a shard (an "l2" state) per covered chain, such as an l2 for Bitcoin or Litecoin in the whitepaper's examples, and updates it every time the host chain produces a block.
Delayed cross-chain reads A shard only reads another chain's state after a set number of confirmations, defined in a "delay graph". This is how Coinweb aims to stay consistent across chains that finalize at different speeds, and to contain the damage if one chain's consensus fails.
Refereed Delegation of Computation (RDoC) Nodes do not all recompute everything. A client asks several peers for the result of a computation; if answers disagree, a referee check identifies the honest peer, provided at least one honest peer exists. To make Sybil attacks expensive, the whitepaper proposes that peers sign with keys tied to a proof of CWEB burn.
Reactive smart contracts Coinweb contracts are stateless WebAssembly functions that react to messages and emit new transactions, so a chain of reactions can span several blocks and several chains.
According to the CWEB token page:
Coinweb describes CWEB as blockchain-agnostic and able to migrate across integrated chains. An Ethereum ERC-20 version exists at 0x505b5eda5e25a67e1c24a2bf1a527ed9eb88bf04. The pages we reviewed do not state a maximum supply or allocation table.
Coinweb does not run its own validator consensus. Instead it layers computation over chains that already have consensus, and uses delayed, confirmation-based reads to keep cross-chain state consistent. That is a different bet from both bridges (which move assets) and standalone L1s (which ask users to migrate).
The use cases page lists DeFi (lending, yield, synthetic assets), cross-chain DEXs, NFTs, games with tokenised economies, real-world asset tokenisation and enterprise uses such as loyalty programmes and supply chain transparency. The common thread is an application that wants users on several chains without deploying and syncing separate copies.
Ordering and data availability come from the host blockchains. Correctness of computation relies on RDoC: a single honest peer is enough to catch a wrong result, and burn-backed identities make large-scale Sybil attacks costly. Cross-chain reads wait for a set number of confirmations, which trades speed for safety against reorganisations. The pages we reviewed do not list public audit reports.
Fragmentation across chains is one of the biggest usability problems in crypto. Coinweb offers an unusual answer: keep the chains, share the computation. Even readers who never use it can learn from how it separates consensus from execution.
The official CWEB page points to KuCoin and Uniswap as places to trade. CWEB also trades on other centralized and decentralized venues. On Ethereum DEXs, confirm the contract on Etherscan first.
The ERC-20 version of CWEB can be stored in any Ethereum-compatible wallet, including hardware wallets. To stake or use CWEB inside the protocol, follow the official get started guide and staking portal.
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Read the complete paper trading guideThe current price of Coinweb is $0.0005816 with a 1.68% change in the last 24 hours.
The daily trading volume is $64,677.22 representing a 37.54% change in the past 24 hours.
The market capitalization of Coinweb is $3,771,150, ranking #799 globally.
The fully diluted valuation (FDV) of Coinweb is $4,466,917, calculated assuming the maximum supply of 7,680,000,000 CWEB is in circulation.
Circulating: 6,483,763,907. Total: 7,599,185,598. Max: 7,680,000,000.
In the last 24 hours, Coinweb traded between a low of $0.0005712 and a high of $0.0006266.