DELAY

Overview

DELAY (ledger name “DELAY - THE token”) is a satirical community meme coin on Radix, its name a wink at the community’s long wait for the network to ship its scalability roadmap – a companion in spirit to DELIVER. Its on-ledger description reads: “$DELAY: Community-owned, highly burnable, and free from third-party payouts — no unnecessary sell pressure here. Selling usually comes from members chasing profits… only to wish they’d DELAYed that decision a bit longer.” On-chain, minting is permanently disabled while burning is open to anyone, so the DELAY token’s total supply – around 661 million – declines over time rather than growing.

Ecosystem Asset Fund holding

DELAY is most widely known as a holding of the Radix Foundation’s Ecosystem Asset Fund, a $25,000-per-month treasury program that bought and held the highest-market-cap ecosystem tokens. Because the fund allocated by market capitalisation, its purchases swept in speculative meme coins: between December 2024 and May 2025 it repeatedly bought DELAY, accumulating roughly 12.5 million tokens for about 143,000 XRD. Those tokens remain in the fund’s public wallet, unsold.

Abandonment

DELAY’s market ranking fell away after the fund stopped buying, and the token now trades at close to nothing. Read at the Ociswap API on 5 September 2026, its pool held 281,840,197 DELAY against 344,029 XRD, about $226 in all, on seven-day volume of $2.90 and a price of $0.00000044. It ranked 66th by market capitalisation on that venue. The same record dates the token’s listing there to 17 December 2024, the month the Ecosystem Asset Fund began buying it.

The only project link the token carries on-ledger is rly.fun, the meme coin launchpad it was minted through, which answered on the same read. A launchpad is not a site the project controls, so it settles nothing about who is still behind DELAY. The same read returns one channel that is the token’s own: the resource’s social_urls metadata names x.com/delayonradix. That field records what was written to the ledger, not whether anyone still posts there, and the ledger cannot be asked the second question. The web can. Requested at 19:12 UTC on 6 September 2026, x.com/delayonradix answered HTTP 404 on X’s “User Profile Not Found” page, while x.com/radixdlt answered 200 to the same request in the same minute — so the profile is genuinely absent rather than a bot wall. X’s own body says such an account “may be private, deleted, or only available on the app”, which is as far as this goes: the one channel the ledger names for DELAY cannot be read on the web, and the ledger has no way to update the pointer. The supply figure above was read at the Radix Gateway on 18 July 2026, and it can be re-read during the halt after all. A Gateway read pinned to a ledger state skips the guard that refuses ordinary reads, so at 07:09:58 UTC on 6 September 2026 — with the network stopped for a hundred and twenty-nine hours — /state/entity/details returned the resource at state version 557,840,622 with a total supply of 661,195,247.825631037429292673 DELAY and the ledger name “DELAY - THE token”, confirming both figures this page carries. That is the supply as it stood at 21:19:06 UTC on 31 August 2026. Nothing could burn while the ledger was stopped; it restarted on 11 September 2026, so burning is open to anyone again and the figure is no longer fixed.

The token continues to exist on-ledger and is community-owned. The episode is cited as an illustration of the abandonment risk in allocating public money to high-volatility meme coins by market capitalisation alone; see the Ecosystem Asset Fund page for the fuller account.

External Links

• DELAY – Radix Dashboard
• Ecosystem Asset Fund – RADIX Wiki
• Ecosystem Asset Fund wallet (holds DELAY) – Radix Dashboard