XT.com
What this is
XT is the native exchange token of XT.com, a centralized cryptocurrency exchange, and it also serves as the endogenous token of the XT Smart Chain, a public blockchain network the exchange operates. The token is designed for users of both the exchange and the smart chain, aiming to lower transaction costs, reduce latency, and support a broader ecosystem of decentralized applications. The project claims to address the high costs and friction of on-chain activity while connecting developers and projects to the exchange's trading infrastructure.
The XT Smart Chain uses a Hybrid Proof of Stake consensus mechanism, referred to as HPoS, which the project describes as energy-efficient and capable of high transaction throughput. The chain is compatible with the Ethereum Virtual Machine, meaning developers can deploy smart contracts written for Ethereum with minimal modification, and it supports cross-chain asset transfers. The XT token is used within this chain for transaction fees and related on-chain functions, and it also exists within the Ethereum ecosystem, as reflected in its categorization.
The data stored here does not include a measured fee stream, so fee-based metrics such as revenue or protocol earnings are not available for this asset on this site. What is recorded is a 24-hour turnover figure of 28.66 percent, measured over the most recent 24-hour period, which reflects trading volume relative to market capitalization rather than protocol fee collection. The circulating supply stands at 6,045,803 tokens against a maximum supply of 1,000,000,000, meaning only approximately 0.60 percent of the total possible supply is currently circulating, a point-in-time figure. The fully diluted valuation is 165.40 times the current market capitalization, also a point-in-time figure, reflecting the large volume of tokens not yet in circulation.
Written from the figures on this page by an AI language model and reviewed against them. It contains no view on price.