Radworks (RAD)

Overview

Radworks (RAD) market snapshot: Price $0.317679, market capitalization $18.76M, and reported 24-hour volume $20.59M.

Trading activity: Reported 24-hour volume equals 109.74% of market capitalization. The local markets snapshot lists Binance, BTCC and LBank among venues with observed trading activity.

YearBull indicators: YearBull Rank #3. Bull Score 86/100. YB Market Risk Low. This relative market-volatility label is not an investment-safety assessment. Cycle Early. Observed price change: 24h 21.96% · 7d 26.69% · 30d 35.26%.

Values are descriptive and should be read together rather than as a price forecast. Read the YearBull methodology. Snapshot date: 2026-10-05. Data history: 89 daily observations available in the latest 90-day window.

Methodology responsibility: YearBull’s analytical methodology and presentation rules are developed and maintained by Alan Zelvin, Founder & Lead Crypto Researcher. This note identifies responsibility for the methodology; it does not attribute authorship of this data snapshot.

What is Radworks (RAD)?

YearBull Project Summary: Radworks (RAD) is tracked by YearBull under the source identifier radicle. Source categories place the asset in the Ethereum Ecosystem Coins universe, with additional labels including Infrastructure, Ethereum Ecosystem, DePIN. Category labels describe market context; they do not prove project activity, adoption, or investment quality.

Source description

“Radworks is building a sovereign developer stack that enables developers to securely host, collaborate, and reward open-source code. It’s composed of Radicle, an open source, peer-to-peer code collaboration stack, and Drips, a decentralized toolkit for continuously funding critical software dependencies. ​​​​​​​ $RAD is the native token of the Radworks Network, used as the primary means to coordinate all actors, govern the treasury, and reward infrastructure providers on top of the Radicle network.”

This source-supplied description may contain old, promotional, or unverified claims and is not YearBull editorial analysis.

Radworks (RAD) project facts

  • Source tags: Infrastructure, Ethereum Ecosystem, DePIN, Galaxy Digital Portfolio
  • Recorded networks: Ethereum

Official links and contract records appear in Key Facts. Project details can change, so verify current information with the project.

Radworks metric comparison

This comparison is a stored snapshot generated 2026-09-28 06:30 UTC from 267 daily observations available from 2025-12-30 through 2026-09-28. It is separate from the latest analytical cards above. Percentiles compare the snapshot value with that day's analytical universe; a higher percentile means a larger observed value, not necessarily a better investment characteristic.

MetricSnapshot30d before90d beforeChange vs 30dUniverse percentile
Price$0.2564$0.2303$0.2135+11.3%n/a
Market cap$15.14M$13.61M$10.64M+11.2%P88.0
YearBull Rank#184#807#425Improved 623P98.0
Bull Score63/10043/10060/100+20.0 ptsP78.7
Turnover46.59%12.95%13.62%+33.6 ptsP95.4
YB Market RiskLowLowLowUnchangedn/a
CycleEarlyEarlyEarlyUnchangedn/a

Median absolute daily movement 1.09%; distance from the highest local daily price -23.9%; circulating supply change +18.6%. These measurements are descriptive and do not predict future direction.

Editorial research. Identity, project facts, sources, and risks below belong to the dated editorial review. The live analytical snapshot above may be newer and is generated separately from stored market data.

Radworks (RAD) research overview

Radworks (RAD) is tracked by YearBull under the source identifier radicle. Source categories place the asset in the Ethereum Ecosystem Coins universe, with additional labels including Infrastructure, Ethereum Ecosystem, DePIN. Category labels describe market context; they do not prove project activity, adoption, or investment quality.

Market structure and supply

Observed market capitalization is about $13.87 million and reported 24 hour volume is about $1.08 million. That volume equals 7.78% of market capitalization in the dated snapshot. Current circulating supply is 59,075,979. The recorded maximum supply is 100,000,000. Circulating supply changed +18.6% across the available historical window. Reported volume and supply fields can change through source revisions, issuance, burns, migrations, or venue coverage.

Key risks and limits

Liquidity depth, holder concentration, contract or network controls, token issuance, venue availability, governance, and operational dependencies remain material. High YearBull Risk appeared on 0.4% of stored observations. Historical metrics describe the available YearBull record; they do not predict future returns. Contract addresses, network support, custody, and venue availability should be verified before use.

Primary sources and review scope

YearBull methodology | Official project website | Source repository. Identity, categories, supply, and historical market fields were reviewed from locally stored source records on 2026-09-12. The live analytical snapshot may be newer than this editorial review.

Radworks (RAD): A Sovereign Developer Stack Built Around Radicle and Drips

Radworks combines Radicle’s peer-to-peer code collaboration system with Drips, a toolkit for continuously funding software dependencies. RAD is described as the network’s coordination, governance, and infrastructure-reward token.

Radworks’ two-part approach to open-source infrastructure

Radworks is presented as a developer-focused infrastructure project with two connected components: Radicle and Drips. Its stated objective is to give developers a way to host, collaborate on, and reward open-source code while reducing reliance on centralized services. project materials calls this a “sovereign developer stack,” but public materials does not define the full technical scope of that term or establish how the system compares with conventional code-hosting platforms.

Radicle is described as an open-source, peer-to-peer code collaboration stack. That positioning indicates a focus on direct coordination between network participants rather than a single hosting intermediary. public materials does not specify the supported workflows, storage architecture, identity model, moderation process, or availability guarantees, so those practical details remain important areas for further review.

How Radicle is intended to support peer-to-peer code collaboration

The named Radicle mechanism is peer-to-peer collaboration around open-source code. In practical terms, the project is trying to provide infrastructure for developers to host and work on code through a distributed stack. project materials supports that high-level purpose, but it does not provide enough detail to explain how repositories are replicated, how changes are coordinated, or how disputes and malicious activity are handled.

Radicle is also identified as part of the Ethereum ecosystem and is associated with the Ethereum network in project profile. That network classification supplies context for the token and project environment, but it does not by itself establish that every Radicle function depends on Ethereum, nor does it describe transaction costs, contract architecture, or any required wallet interactions.

Drips and the proposed flow of software funding

Drips is described as a decentralized toolkit for continuously funding critical software dependencies. Its role is distinct from Radicle’s collaboration function: Radicle addresses code hosting and cooperation, while Drips is intended to direct ongoing financial support toward software that other projects rely on.

The wording indicates a recurring or continuous funding model rather than one-off grants, but public materials does not specify how funds are allocated, who can create or modify funding flows, what conditions apply to recipients, or how dependency importance is assessed. It also does not establish the scale of current usage or identify particular projects receiving support. These unanswered questions matter because the usefulness of a funding network depends on participation from both contributors and recipients.

RAD’s role in coordination, governance, and infrastructure rewards

RAD is the native token of the Radworks Network. project materials assigns it three main functions: coordinating network participants, governing the treasury, and rewarding infrastructure providers operating on top of Radicle. These stated roles place RAD at the center of the project’s economic and organizational design rather than describing it solely as a payment asset.

The coordination function is not defined in operational detail. public materials does not explain which actions require RAD, how voting power is calculated, whether governance is on-chain, or what treasury decisions token holders can influence. Similarly, the phrase “reward infrastructure providers” does not identify the provider activities, reward formula, eligibility requirements, or funding source. Those details are necessary to assess how token demand and incentives might connect to actual network activity.

Who the project is designed to serve

The intended users are primarily developers and participants in open-source software ecosystems. Developers are the clearest audience for Radicle’s collaboration tools, while Drips is aimed at the broader problem of financing dependencies that underpin open-source projects. Infrastructure providers are another named participant group because the project states that RAD can reward services built on top of Radicle.

The project’s ecosystem relationships should be treated as intended roles rather than confirmed adoption. project materials does not name users, integrations, service providers, funded dependencies, or measurable activity. It also does not document a founding team, legal structure, audit status, roadmap milestone, or partnership record. Those omissions limit what can be concluded about execution and current ecosystem depth.

Key takeaways

  • Radworks combines Radicle, a peer-to-peer code collaboration stack, with Drips, a toolkit for continuous funding of software dependencies.
  • The project’s stated goal is to support hosting, collaboration, and rewards for open-source code through a more sovereign developer infrastructure model.
  • RAD is described as the native token used for participant coordination, treasury governance, and rewards for infrastructure providers on Radicle.
  • public materials does not specify Radicle’s repository architecture, governance mechanics, reward formulas, or the operational design of Drips funding flows.
  • Developers, open-source projects, dependency recipients, and infrastructure providers are the named intended ecosystem participants, but adoption is not documented.

Risks and unresolved questions

  • public materials does not explain how Radicle handles repository replication, identity, moderation, availability, or malicious activity.
  • Drips’ funding rules, recipient eligibility, allocation process, and dependency-assessment method are unspecified.
  • RAD’s governance structure, voting mechanics, treasury controls, and infrastructure-reward formula are not described.
  • No evidence is provided here for current user numbers, funded dependencies, provider activity, integrations, audits, or partnerships.
  • The project’s reliance on Ethereum is recorded at the network level, but the exact scope of on-chain dependencies, transaction requirements, and contract design is unclear.

YearBull Rank on this page

Most recent YearBull Rank reading for radicle is #3.

Rank timeline (last 365 days)

Rank movement (nearest daily data).

Reading rule: lower is better in this ranking.

  • 7d window (2026-09-28): #239 → #3 (up by 236).
  • 30d window (2026-09-05): #525 → #3 (up by 522).

YearBull Rank is a relative placement score used on YearBull to compare a coin against peers within the same dataset. Lower values mean higher placement in the YearBull ordering.

Market depth: peer movement can shift relative placement even without news.

Venue read: a tightened venue set can reduce variance or increase it.

Stability posture: consistency often matters more than speed.

Trend context: a single week rarely defines a phase on its own.

Practical note: treat the line as positioning context over time.

Editorial note: This analysis was prepared by the YearBull research team under the direction of Alan Zelvin, Founder and Lead Crypto Researcher. The assessment follows YearBull’s internal research methodology and editorial standards. Methodology · Editorial Policy
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Radworks (RAD) Markets

Stored venue snapshot. Markets last checked: 2026-09-27. Next refresh window: around 2026-10-11. Venue listings and volumes are stored snapshots, not live quotes.
Exchange Top Pair Stored 24h volume (snapshot) Trust Rank
Binance RAD/USDT $2.96M #2
BTCC RAD/USDT $1.48M #156
LBank RAD/USDT $659.82K #19
BtcTurk | Kripto RAD/TRY $618.85K #78
HTX RAD/USDT $614.56K #52
Paribu RAD/TRY $537.93K #124
Toobit RAD/USDT $348.61K #23
Bithumb RAD/KRW $328.07K #71
Uniswap V2 (Ethereum) RAD/USDC $266.67K #227
BitKan RAD/USDT $205.35K #46

Listings are ordered by reported snapshot volume. Trust Rank is an external venue-quality indicator; it is not an endorsement or a solvency guarantee.