KUB Coin
Wat dit is
KUB Coin is the native utility token of KUB Chain, a Layer 1 smart contract platform built to support a broad ecosystem of decentralized applications, primarily in Thailand but with international reach. It is designed to let users pay for on-chain transaction fees, stake to help secure and govern the network, and access services offered by KUB Chain's partner network. The project is closely associated with Bitkub Exchange, Thailand's leading cryptocurrency exchange, where KUB can also be converted into fee credits.
KUB Chain uses a Keccak-based consensus algorithm, and the network is secured by Validators and Delegators who stake KUB to participate in block production and governance decisions. KUB serves as the gas token that must be spent to execute transactions or smart contracts on the chain, making it integral to every on-chain operation. The chain's block data shows a block time of effectively zero minutes as stored, meaning the precise block interval is not confirmed in the available data.
The network generated 116 USD in fees over the most recent 24-hour period, 823 USD over the trailing 7 days, 2,808 USD over the trailing 30 days, and 98,681 USD over the trailing 12 months. Annualizing the 30-day figure produces approximately 34,164 USD in annual fees, which represents a fee yield of roughly 0.081 percent relative to the current market capitalization of about 42.3 million USD. Fee volume grew 90.16 percent over the last 30 days, though the absolute dollar amounts remain modest. The ratio of market capitalization to annualized fees stands at approximately 1,234.87, reflecting how small the current fee stream is relative to the network's market value.
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