- #1088
Orchid Protocol OXT Price
Orchid Protocol Price Chart (OXT)
OXT Price
OXT vs. xDAI Ecosystem
Orchid Protocol Detailed Performance
OXT shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
OXT to USD Converter
Price History
- All-Time High
- $1.02119.06x to ATH
- All-Time Low
- $0.0031262.76x to ATL
- Trade Launch Date
- 17 Dec, 2019
2514 days ago
Fundraising
See More- ICO Price
- --
- Funds Raised
- $47.80 M
- Tokens Sold
- --
Orchid Protocol Exchanges
Exchanges type
What is Orchid Protocol (DePIN and privacy coin)?
Orchid Protocol is a decentralized bandwidth marketplace and multi-hop VPN client that uses an onion routing network to provide privacy-focused internet access. Network providers run servers to fulfill connection requests and receive immediate compensation through a probabilistic nanopayment system powered by the OXT token.
Is the OXT token supply fixed?
The OXT token features an elastic supply with no fixed maximum cap, meaning the total circulating amount adjusts dynamically through the protocol's mechanisms. The smart contract is deployed on the Ethereum network and can be verified on Etherscan.
Which venture capital firms funded Orchid Protocol?
Early development of the project was backed by prominent venture capital firms, with Andreessen Horowitz (a16z) and Sequoia Capital leading the seed round. Additional backing came from Blockchain Capital, Polychain Capital, MetaStable Capital, and BoxGroup across subsequent funding stages.
How much capital did the project raise during its early funding rounds?
The Orchid Protocol team secured $4.7 million during its seed round in October 2017. A subsequent pre-sale in April 2018 raised $36.1 million, followed by a venture round in May 2019 that brought in an additional $7 million.
Where can users trade the OXT token?
The OXT token trades on major centralized exchanges against fiat and stablecoins, including OXT/USD pairs on Coinbase and Kraken, alongside OXT/USDT markets on HTX and Gate. Decentralized trading is available through Uniswap V2 and Uniswap V4 pools on Ethereum, pairing the asset with WETH, USDC, and LINK.
What technology powers the Orchid network payments?
The Orchid network utilizes a specialized nanopayment protocol designed specifically for high-frequency, low-value transactions between VPN clients and bandwidth providers. This probabilistic payment system ensures fast and secure compensation without requiring traditional blockchain transaction fees for every data packet routed.
Orchid Protocol (OXT) Price Live Data
The current price of Orchid Protocol (OXT) is approximately $0.008643, reflecting a increase of 3.35% in the last 24 hours. The OXT trading volume in the last 24 hours stands at $80,504.64. Orchid Protocol's market cap is currently $8.62 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of OXT is 997.21 million.