XCN
Onyxcoin
$0.00823078AUD
0.000000057335 BTC
Market Cap
293.9M AUD
24H Trade Vol.
29.0M AUD
Total Supply
36.1B
All
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1M
1Y
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0.00000000 XCN
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Buy Onyxcoin (XCN)

What is Onyxcoin (XCN)?

Onyxcoin (XCN) is the native utility, gas, and governance token of the Onyx blockchain, a modular Layer 3 network designed for high-performance, cross-border financial applications. Built for institutional-grade use, XCN powers fast, low-cost transactions, decentralised governance, validator staking, and smart contract execution. Onyxcoin plays a critical role in enabling scalable blockchain infrastructure with Ethereum compatibility, predictable fees, and robust cross-chain functionality.

How Does Onyxcoin (XCN) Work?

Onyx is a Layer 3 protocol built on Arbitrum Orbit, with transaction settlement on Base and finality anchored to Ethereum Layer 1. This three-tiered architecture ensures speed, cost-efficiency, and security. Onyxcoin supports rollup-based scaling, EVM-compatible smart contracts, and advanced features such as atomic cross-chain bridging, fraud-proof validation, and AnyTrust data availability. XCN enables staking, gas payments, and governance voting, making it central to Onyx’s decentralised infrastructure and ecosystem functionality.

What Are the Use Cases for Onyxcoin (XCN)?

XCN is used across a broad range of financial and decentralised applications. It functions as the gas and governance token for dApps built on Onyx, facilitates cross-border payments and digital asset transfers, and supports institutional-grade DeFi services like decentralised banking and securities issuance. XCN also powers validator staking and protocol governance, allowing token holders to influence upgrades and decision-making. Target sectors include fintech, enterprise DeFi, asset management, and blockchain-based financial services.