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A short guide in plain words. It has no investment advice: nobody here can tell you what to buy.

What Realtap shows

Realtap is a place to look at Cardano: the prices, charts, liquidity, trades and holders of tokens, NFT collections, stake pools, governance and individual wallets and transactions. You can browse all of it without an account and without connecting anything.

Prices are worked out from what happens in the decentralised exchanges' pools. There is no central order book, so a price is what the last trades in the pools imply.

Connecting a wallet

A wallet is only needed to trade, to see your own holdings or to sign in. Any Cardano wallet that follows the CIP-30 standard works: install its browser extension (or, on a phone, open Realtap inside the wallet app's own browser), then choose Connect at the top right and pick it from the list.

  • Connecting only lets Realtap read your addresses and balances. It does not move anything.
  • Signing in asks the wallet to sign a short text message. That is not a transaction, costs nothing and proves you hold the wallet.
  • Every transaction (a swap, a cancel) is built in your browser, shown to you, and only happens if you approve it in the wallet.

Simple and Advanced mode

The switch at the top of the page changes how much you see. Simple keeps to the essentials: price, change, volume and the buttons you need. Advanced adds every table column, chart indicator and analysis tool. Nothing is different underneath; you can switch at any time and the site remembers your choice in this browser.

What a swap costs

Before you sign, the swap screen lists every cost it knows about. On Cardano these are usually:

  • the network fee, paid to the chain (a fraction of an ADA);
  • the exchange's batcher fee for executing your order, and a deposit of a couple of ADA that comes back to you with the result;
  • the Realtap fee, when one applies: shown as an amount and a percentage on the review step, never added afterwards;
  • the price impact: a larger trade in a small pool moves the price against you.

Orders are usually placed first and executed a little later, so the price can move in between. The slippage setting is the worst price you accept.

Where the data comes from

Realtap runs its own Cardano node and its own indexer. Blocks are read from the node, the pools and trades are decoded from the chain, and the figures are stored and calculated here, not copied from another price site. Where a number is an estimate (a market cap, a safety score, a circulating supply) the page says so. See the status page for how current the index is.

Staying safe

  • Realtap never holds your keys or your funds. Keys stay in your wallet.
  • Read what you sign. A message and a transaction look different in the wallet. A sign-in message should say what it is for; a transaction shows what leaves your wallet.
  • Never type your recovery phrase into any website, including this one. No part of Realtap will ask for it.
  • Anyone can create a token with any name and logo. Check the policy id, the liquidity and the holders before buying, and treat a very high return or a very new token with suspicion.
  • Transactions cannot be undone.

More in the risk disclosure.

Details from a token’s team

A token's team can add its links, logo, a short description and its own circulating-supply figure. Two kinds of label can appear on a token:

  • Verified by the team: the details were signed with a key that is part of the token's minting policy (a native script that lists the keys able to mint). The page shows the date and the key.
  • Submitted by the team, approved by Realtap: the owner of the site looked at the details; no key of the policy signed them. This is the route for policies that are smart contracts, where a signature cannot show control.

What a signature proves is only that whoever signed holds that key. It does not prove who they are, that they still control the project, or that what they wrote is true: keys get lost and sold. The team's supply figure is always shown next to Realtap's own, never in place of it, and links are shown as their domain so you can see where they go. Teams can add details on the token's page.

Ready to look around? Start with the token list, the dashboard or swap.