Send (SEND): What It Is, Uses and Risks

Send (SEND) is a crypto token issued on Base, an Ethereum layer-2 network. Public sources do not clearly specify what SEND is designed to do, so it is not possible to confirm a particular role such as governance, payments, staking, or access to services. Treat those uses as unconfirmed unless the project publishes documentation that explains them.

The Send Foundation is also associated with Pool Party, an automated market maker on Canton Network that people access through the Send Canton Wallet. That connection alone does not establish that SEND is used by Pool Party or that SEND holders have rights in the market maker. The token’s listed chain is Base, while Pool Party operates on Canton; do not assume SEND can move between the two networks or is accepted by Canton applications without official confirmation.

Public sources do not establish a specific utility for SEND. In particular, they do not confirm that the token is required to trade on Pool Party, pays fees, gives voting rights, or earns rewards. A project’s name or association with a dApp is not enough to demonstrate that its token has a role in that product.

Before relying on a claimed use, check current official Send Foundation materials for a clear explanation of token functions, contract addresses, and any limits or conditions. Be cautious of third-party claims that promise benefits or describe SEND as essential to an application if those claims are not backed by the project’s own documentation. If you are considering a transaction, confirm that you have selected the intended SEND token on Base rather than another asset with the same name or ticker.

SEND has a maximum supply of 1 billion tokens. About 357.2 million were reported as circulating, out of roughly 977.1 million total supply, as of November 5, 2026. Circulating supply is the portion reported as available in the market; it is not the same as the maximum supply, and supply figures can change as tokens are released or otherwise become available.

On that date, SEND traded at about $0.0136, with a market capitalization of about $4.9 million and a fully diluted valuation of about $13.3 million. Reported 24-hour trading volume was about $3,701. These are snapshots, not fixed values: prices, market capitalization, volume, and supply data can change, and different sources may calculate them differently. Past price movements do not indicate what SEND will do next. These figures are context, not a forecast or a recommendation to buy or sell.

SEND is listed as issued on Base. If you hold it yourself, use a wallet that supports Base and can display or import the correct SEND token. Verify the network and token contract using official project information before sending funds; a matching name or ticker is not sufficient proof that an asset is genuine. Sending tokens on the wrong network or to an incompatible address can result in permanent loss.

Keep wallet recovery phrases and private keys secret, and never share them with someone claiming they can unlock rewards or fix a transaction. A hardware wallet can help protect keys, but it does not eliminate risks such as signing a malicious transaction. Public sources do not confirm that SEND is supported on Canton or by the Send Canton Wallet, so check compatibility before attempting to store or transfer it there.

SEND also carries market and project risks. Its purpose is not clearly established, and low reported trading volume can make it harder to trade at a desired price. Only use funds you can afford to lose.