WEMIX

WEMIX is the native token of WEMIX3.0, a Layer 1 blockchain built specifically for gaming applications. The project positions itself as a global gaming platform designed to bring popular game titles on-chain, giving players the ability to own in-game assets as NFTs and participate in play-to-earn mechanics. It is aimed primarily at game developers who want a dedicated blockchain infrastructure and at players who want verifiable ownership of digital game items.

WEMIX3.0 is a smart-contract-capable Layer 1 blockchain; the data does not specify its consensus algorithm, so that detail cannot be stated here. The WEMIX token functions as the settlement and utility layer within this ecosystem, used to pay for transactions and to interact with decentralised applications built on the chain. The chain records a block time of essentially zero minutes in the stored data, which may reflect a near-instant finality design, though the precise mechanism is not confirmed in the information provided.

The stored data does not include a direct fee revenue figure for the WEMIX protocol, so fee-based measures such as price-to-fees cannot be constructed from what is available here. What the data does show is a total value locked of approximately 3,008,194 USD at the point of measurement, against a market capitalisation of roughly 102,728,150 USD, producing a market-cap-to-TVL ratio of about 34.09 and a fully diluted value-to-TVL ratio of about 38.25 at the same point in time. Stablecoin supply hosted on the chain stood at approximately 3 USD at the point of measurement, indicating negligible stablecoin activity on the network. The 24-hour turnover rate was approximately 0.79 percent of market cap at the time recorded.