Is WAVED a Wordle Word?

Yes. WAVED is a valid Wordle word.

It is not on the Wordle answer list, so it is unlikely to be a daily answer.

Past-tense words ending in ED are almost never chosen as Wordle answers.

What does WAVED mean?

/weɪvd/

To relinquish (a right etc.); to give up claim to; to forego.“If you waive the right to be silent, anything you say can be used against you in a court of law.”
To put aside, avoid.
To outlaw (someone).

1 more verb definition

To move back and forth repeatedly and somewhat loosely.“The flag waved in the gentle breeze.”
To move one’s hand back and forth (generally above the shoulders) in greeting or departure.
(metonymic) To call attention to, or give a direction or command to, by a waving motion, as of the hand; to signify by waving; to beckon; to signal; to indicate.“I waved goodbye from across the room.”

8 more verb definitions

To have an undulating or wavy form.
To raise into inequalities of surface; to give an undulating form or surface to.
To produce waves to the hair.
To swing and miss at a pitch.“Jones waves at strike one.”
To cause to move back and forth repeatedly.“The starter waved the flag to begin the race.”
(metonymic) To signal (someone or something) with a waving movement.
To fluctuate; to waver; to be in an unsettled state.
To move like a wave, or by floating; to waft.

Definition from Wiktionary, available under the CC BY-SA license.

Starter word rating: WeakIn the top 56% of all valid Wordle words for testing common letters.
Vowels: A, E
Unique letters: 5 of 5
Common letters: A, E

Hard-mode trap: 10 valid words fit the pattern WA_ED. If you reach it, you may need several guesses to find the last letter.

Letter ratings use how often each letter appears in Wordle answers.

Tap its tiles to the colours Wordle showed, and the Wordle Solver lists every word that still fits, with the best next guess.