CHEX is the utility token of the Chintai Network, a blockchain platform designed for the tokenization and trading of Real World Assets (RWAs). It facilitates all transactions on the platform, including RWA issuance, trading, and maintenance, while ensuring regulatory compliance and efficiency across multiple jurisdictions. CHEX plays a key role in enhancing liquidity, transparency, and accessibility in traditional asset markets through blockchain technology.
CHEX operates on a permissioned Layer 1 blockchain, specifically built for high-speed transactions (8,000 TPS) and low latency (half-second finality). It integrates bridges to major blockchain networks such as Ethereum, Solana, Base, Binance Smart Chain, and EOS, enabling cross-chain interoperability for tokenized assets.
While the exact consensus mechanism is not explicitly stated, it likely involves Proof of Stake (PoS) to ensure energy efficiency and security. Smart contracts power various platform functionalities, including automated transactions, staking rewards, and fee management. Additionally, CHEX employs a deflationary token model with a buyback and burn mechanism to control supply and enhance value over time.
CHEX is primarily used to facilitate RWA tokenization, staking, and cross-chain asset distribution.
CHEX has established key partnerships to expand its role in RWA tokenization and DeFi lending solutions:
CHEX was introduced as part of the Chintai Network, a regulated blockchain-based platform for RWA tokenization and trading. Chintai secured regulatory licenses in Singapore and continues to expand its compliance framework in other jurisdictions.