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Onyxcoin XCN |
BUY
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€0.0048492 |
1.2 % (24h) |
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Marketcap |
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€181,959,041 |
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Volume 24h |
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€8,848,235 |
Description
Onyxcoin (XCN) is the native utility and governance token for the Onyx Protocol, a decentralized liquidity platform that enables the creation of peer-to-peer lending and credit markets. It was originally launched as "Chain" and rebranded to focus on decentralized infrastructure for financial services and institutional-grade digital assets. The XCN token is used for protocol governance, allowing holders to vote on risk parameters, the addition of new assets, and the management of the treasury. Onyx aims to provide the underlying technology for the next generation of financial systems, bridging the gap between traditional banking and the blockchain.