XYO Network

XYO Network is a decentralized physical infrastructure network, or DePIN, built around the collection and verification of real-world location data. It claims to solve the problem of reliably bringing physical-world information — such as where an object is or has been — onto blockchain systems for use by companies working in areas like geolocation, artificial intelligence, and real-world asset tracking. The network describes itself as serving both Web3 protocols and traditional Web2 businesses that need validated, tamper-resistant data from the physical world.

XYO uses two core technologies, Proof of Location and Proof of Origin, to validate that data about the physical world comes from a legitimate source and has not been altered in transit. The network reports more than 10 million nodes participating in data collection, and it has launched its own purpose-built Layer One blockchain to handle the data throughput its applications require. XYO operates a dual-token model: the externally traded XYO token handles rewards, staking, and governance within the broader DePIN ecosystem, while an internal token called XL1 covers gas fees and transactions on the XYO Layer One chain.

The data stored here does not include a fee revenue figure for XYO, so fee-based measures that this site might compute for other protocols cannot be populated for this asset. The XYO token's total issued supply stands at 100 percent of circulating supply as of the point-in-time measurement, there is no recorded dilution overhang, and the dilution overhang figure is 0.0 percent, meaning no additional XYO tokens are pending release into circulation. No maximum supply cap is recorded in the data, which means the boundary on total token issuance over the long run is not defined here.