What is the current price of Radworks?
The current price of Radworks is $0.2764 with a 0.26% change in the last 24 hours.
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Derivatives and mapped ecosystem data, with source timings and coverage.
Radworks is a community-governed treasury and network that funds a sovereign developer stack for open-source software: tooling that lets developers host, collaborate on, and fund code without depending on a single company. It is not a blockchain of its own. RAD is an ERC-20 governance token on Ethereum, and most of the work it governs is off-chain software.
The name matters here. The project began as Radicle, and the DAO renamed itself Radworks in 2023 after splitting its work into independent orgs. Radicle still exists, but today it is one product funded by Radworks rather than the name of the whole thing. There was no token swap and no migration: the RAD contract deployed in February 2021 is still the live one, and a direct read of that contract's name() function still returns the original string "Radicle".
Official sources:
Radicle grew out of work by Monadic, a European team building peer-to-peer alternatives to centralized code hosting. The RAD token launched in February 2021 with a genesis supply of 100,000,000, creating a DAO that could govern the treasury and the network's Ethereum contracts.
In May 2023 the project separated its two product lines, Radicle and Drips, into independent orgs supported by one shared treasury. The DAO that holds that treasury adopted the Radworks name. Governance since then runs through Radworks Governance Proposals (RGPs), discussed on the community forum and voted through Snapshot and on-chain contracts.
Radworks is best understood as three separate layers that are often confused with each other.
The token and treasury layer RAD lives on Ethereum. Holders delegate voting weight and vote on proposals that allocate treasury funds to orgs, adjust parameters, and set direction.
The Radicle protocol layer Radicle is a peer-to-peer code collaboration stack built on Git. Its current protocol generation is called Heartwood. Nodes are identified by public keys, repositories have their own identifiers, and repositories replicate between peers over a gossip protocol plus Git's own replication. Issues and patches are stored as signed collaborative objects rather than rows in a company database.
The funding layer Drips is a separate application for paying open-source maintainers: streaming funds to GitHub repositories, running retroactive funding rounds, and converting merged pull requests into rewards.
An important and often-missed detail: using Radicle does not require RAD, a wallet, or any blockchain transaction. You install the client, run a node, and collaborate. The token governs the treasury that funds development; it is not a gas token for code hosting.
RAD is documented as being used for:
That last item deserves an honest flag. Radworks documentation describes seed-node rewards as forthcoming rather than live. Treat it as roadmap, not as a mechanism that currently pays RAD to infrastructure providers, and check the official docs for the present status.
Most decentralized code-hosting attempts either put repository metadata on a chain or charge per action. Radicle does neither. It is local-first: your repositories live on your machine and stay usable offline, and cryptographic self-certification, rather than a server, establishes who published what. The blockchain component is deliberately confined to money and governance.
The funding half is equally unusual. Rather than a one-off grants portal, Drips is designed around continuous streams and dependency-aware distribution, so upstream libraries can receive funding automatically instead of applying for it.
Compared with grant-focused public-goods funding tokens, Radworks pairs the funding mechanism with a protocol it actually ships and releases. Compared with storage networks such as Filecoin or Arweave, Radicle does not sell persistence as a paid service; availability comes from peers choosing to seed a repository, which is far cheaper but offers weaker guarantees.
The clearest structural difference from most tokens in this category is the loose coupling. Radicle's usefulness is independent of RAD's price, or even of RAD existing at all. That is good for the software and a genuine open question for the token.
Security splits along the same lines as the architecture. The Radicle protocol relies on public-key identity, signed refs, and self-certifying repositories, so a malicious node cannot forge history that peers will accept. Availability depends on how many peers seed a given repository.
The token and treasury rely on Ethereum plus the governance contracts. The RAD contract itself is simple by design: a direct read of the deployed bytecode shows no mint function, no cap(), and no owner(), and it is not behind an upgradeable proxy. Supply can only go down, through burnFrom, and only a negligible amount has been burned since 2021. There is no admin key that can print new RAD.
Developer infrastructure is one of the few places where centralization is both obvious and rarely challenged in practice. Radworks matters because it funds a working, actively released alternative rather than a proposal: the Radicle client continues to ship tagged releases, and Drips has been used by established ecosystems to move real funding to maintainers. Whether the token captures that value is a separate question from whether the software is useful.
RAD trades on centralized exchanges and, because it is a standard ERC-20, on Ethereum decentralized exchanges such as Uniswap. Availability and pairs vary by jurisdiction. Before swapping on-chain, verify the contract address 0x31c8EAcBFFdD875c74b94b077895Bd78CF1E64A3 on a block explorer, since generic token names are easy to spoof.
Radworks documentation lists RAD as available on venues including:
Listings change, so confirm on the exchange itself.
RAD is an ERC-20, so after purchase it can be held:
If you intend to vote, note that holding alone is not enough under Compound-style governance: voting power must be delegated, including to yourself, before it counts.
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Read the complete paper trading guideThe current price of Radworks is $0.2764 with a 0.26% change in the last 24 hours.
The daily trading volume is $450,742 representing a 78.57% change in the past 24 hours.
The market capitalization of Radworks is $16,320,678, ranking #575 globally.
The fully diluted valuation (FDV) of Radworks is $27,637,141, calculated assuming the maximum supply of 100,000,000 RAD is in circulation.
Circulating: 59,053,424. Total: 99,998,580. Max: 100,000,000.
In the last 24 hours, Radworks traded between a low of $0.276 and a high of $0.2829.
RAD/USDTTether USDT0.2764 USDT
