Donut (DONUT) — price, overview & secure storage
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Last Updated on Jun 13, 2026 04:58 PM
What is Donut? Complete guide to DONUT
What is Donut and who created it?
DONUT is the native token of the r/ethtrader subreddit, a community dedicated to discussing Ethereum-related topics such as news, trading, investment, and technology. The subreddit boasts a large community with 2.3 million subscribers and 5,000 active users.
Key features of Donut blockchain
The DONUT token has several use cases within the r/ethtrader community. It is used for rewarding contributions, offering special memberships, facilitating a tipping system, providing liquidity-pool/">liquidity pool incentives, and creating advertising opportunities. These features make DONUT a versatile token within its community.
How Donut transactions work
Recently, the r/ethtrader community voted to transition the distribution of DONUT rewards to the Arbitrum network. This transition aims to enhance the efficiency and scalability of reward distribution. The token currently has a market cap of approximately $4 million and a total value locked (TVL) of $400-450K.
Wallet for Donut
Experience the future of Crypto Wallets with Tangem
Tangem supports networks for Donut
- Ethereum
- Gnosis Chain
- Arbitrum One
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Similar cryptocurrencies to Donut (DONUT)
| Asset | 24h % | Market cap | |
|---|---|---|---|
 BitcoinBTC | $63,969.37 | 0.08% | $1.28T |
 EthereumETH | $1,675.06 | 0.22% | $0.20T |
 TetherUSDT | $0.9994 | 0.00% | $0.19T |
 BNBBNB | $608.72 | 0.09% | $82.01B |
 USDCUSDC | $0.9998 | -0.01% | $74.76B |
Frequently asked questions about Donut (DONUT)
- Donut is a blockchain-based digital asset used for transferring value and interacting with decentralized applications. It operates without central control, relying on distributed network technology.
- Donut offers efficient transactions, strong network security, and support for decentralized applications. Its design aims to provide a reliable user experience.
- Yes. DONUT is the trading symbol used to identify Donut on exchanges and charts.
- You can buy Donut using on-ramp services available in Tangem Wallet or exchanges. After purchasing on an exchange, you can transfer it to your Tangem Wallet.
- The safest option is to use a hardware wallet that keeps your private keys offline. Tangem provides secure cold storage protection.
- Donut has closed. Thank you for being part of our journey.
- Donut (DONUT) isan ERC-20 token that signifies community points within the /r/ethtrader subreddit. It was the first cryptocurrency token to be distributed to subreddit participants based on the quality of their submissions and activity.
How to store Donut securely with a hardware wallet
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Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
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Why Tangem is a trusted Donut hardware wallet
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
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