ChangeNOW

NOW is the native utility token of ChangeNOW, a non-custodial instant cryptocurrency exchange platform that allows users to swap digital assets without holding their funds in custody. The token is designed to serve people who want to exchange cryptocurrencies quickly without registering an account or trusting a centralised intermediary with their assets. It provides access to benefits across the ChangeNOW product suite, including its exchange, wallet, payment processor, and node services.

NOW exists on both the Ethereum and BNB Chain networks, classifying it as a multi-chain exchange-based token rather than a chain with its own consensus mechanism — the block time recorded as zero and the absence of a consensus algorithm reflect this. Inside the ChangeNOW ecosystem, the token is used to pay asset listing fees, to stake via ChangeNOW Pro in exchange for rewards, and is distributed as cashback when users complete swaps. It can also be used to pay for ancillary services such as AML checks and node access through NOW-branded products.

The data provided does not include a fee revenue figure for the protocol, so fee-based measures such as revenue yield or fee multiples are not available for this asset on this site. What the data does show is that circulating supply stands at 83,531,160.66 NOW against a maximum supply of 200,000,000, meaning approximately 41.77 percent of the maximum supply is currently in circulation at the point-in-time snapshot. The fully diluted valuation is 1.17 times the current market capitalisation of 33,306,668 USD, implying a dilution overhang of approximately 16.76 percent — the share of maximum supply not yet circulating. The project description notes that quarterly token burns take place, which would reduce the outstanding supply over time, though no burn figures are included in the data provided.