Market cap
$6.27M
-2.01 %
Volume (24h)
$1.41K
-2.01 %
Circulating supply
19,930,670 BADGER
Total supply
21,000,000 BADGER
Max. supply
21,000,000 BADGER
Badger DAO (BADGER)
$ 0.31
-2.01 %
Main info
News
Comments
Markets
Analytics
Key data
updated $0Market cap$6.27M
Volume 24h$1.41K
Circulating supply19.93M95% of max 21M
Badger DAO (BADGER) is the governance token of a decentralized autonomous organization focused on bringing Bitcoin into the world of decentralized finance (DeFi). In simple terms, it's a community-run project that builds products letting you use Bitcoin-pegged assets — like wrapped BTC — to earn yield, provide liquidity, and take part in DeFi on Ethereum and other chains. Holding BADGER gives you voting power over the DAO's decisions and treasury.
Frequently asked questions
What is Badger DAO and how is it different from Bitcoin itself?
Badger DAO is not a Bitcoin fork or a new Bitcoin — it's a DeFi protocol built around Bitcoin-pegged assets on Ethereum-compatible chains. While Bitcoin is a standalone blockchain, Badger creates products like vaults and liquidity pools where wrapped versions of BTC can be put to work. Its BADGER token is a governance and reward asset, not a substitute for BTC.
How does Badger DAO work technically?
Badger runs as a DAO on Ethereum, meaning token holders vote on proposals that govern its products, treasury, and roadmap. The core products are Sett vaults — automated yield strategies (built with Set Protocol technology) that route Bitcoin-pegged assets into lending and liquidity opportunities. Smart contracts handle the execution, and the Badger treasury funds development and grants approved by the community.
How is BADGER supply and emission structured?
BADGER has a fixed maximum supply of 21 million tokens — a deliberate nod to Bitcoin's own hard cap. Tokens were originally distributed mostly to the community through liquidity mining and airdrops, with no allocation to investors or founders at launch. Emissions were designed to taper off over time, and a significant portion of the supply is now governed by the DAO itself.
How can I store and use BADGER?
Since BADGER is an ERC-20 token, any Ethereum-compatible wallet like MetaMask, Rabby, or a hardware wallet such as Ledger works fine. You can use it to vote on DAO proposals, stake it for rewards, or provide liquidity in Badger's ecosystem. It trades on major decentralized and centralized exchanges, so always double-check the contract address before interacting with it.