Stronghold Token 

SHX Price

What is Stronghold Token (SHX)?

Stronghold Token (SHX) is the utility token of Stronghold, a payments and financial services platform that connects traditional finance with blockchain rails. Launched in 2018, SHX is used for real-time settlement, merchant fee discounts and reward payouts, and SHX liquidity pools fund the company's Merchant Financing lending product. The token is native to Stellar, with an ERC-20 version on Ethereum, and holders can vote on network features. Stronghold positions SHX as a payments utility token rather than an investment vehicle.

How many SHX tokens will ever exist (SHX max supply)?

Per DropsTab data, the maximum supply of SHX is capped at 99,756,866,344 tokens, equal to its total supply. The project states a fixed cap of 100,000,000,000 SHX that will not be increased, so the emission model is non-inflationary. On-chain records corroborate the cap: the Stellar issuer account holds roughly 99.74B SHX across authorized balances, and the Ethereum ERC-20 contract caps at 100B with 7 decimals.

Does SHX have a vesting schedule or unlock calendar?

No public vesting schedule or unlock calendar exists for SHX. The token had no pre-sale: Stronghold states that no ICO, IEO or token generation event sale took place. Roughly 5% of supply was airdropped to early users at the end of 2018, with the remainder distributed through the project treasury, the rewards program and liquidity programs. Because the supply cap is fixed, unlock-driven inflation risk is minimal. The main uncertainty is the large treasury balance, which carries no published release schedule.

Who funded Stronghold and did SHX have a token sale?

Stronghold raised a seed round of approximately $3.3M led by Freestyle Capital, with partner Dave Samuel involved, according to TechCrunch coverage from February 2022. No token sale took place, so SHX has no launch price and no per-round token allocation. In February 2022, the company also launched Stronghold Capital, a $100M venture fund backed from its own balance sheet rather than from token sales. The fund deployed through a syndicated DeFi loan to Alameda Research on Maple Finance, plus LP stakes in Precursor Ventures and Backstage Capital.

How does the Stronghold Rewards Program work?

The Stronghold Rewards Program is an ongoing product mechanism in which merchants and their customers earn a reward point for each dollar of transaction volume, redeemable in SHX. Co-founder Sean Bennett has stated that all onboarded merchants joined the program. The program runs continuously alongside Stronghold's payments products, and no time-boxed quests, point-farming campaigns or retrodrops are recorded for the token.

Where can you buy SHX?

SHX trades spot-only across centralized and decentralized venues, per DropsTab data. Centralized pairs quote SHX against USDT on Gate, MEXC and Bitrue, and against US dollar and euro on Kraken, the only venue with fiat pairs. Decentralized liquidity sits in SHX/WETH pools on Sushiswap and Uniswap V4, both on Ethereum. No derivative markets exist for the token.

How liquid is the SHX market?

SHX liquidity is concentrated on mid-tier centralized venues, and decentralized pools run thin, so large orders can move the market. This venue profile makes trading depth sensitive to order flow concentrated across only a small number of venues. Beyond the tracked centralized and decentralized markets, the native Stellar asset also trades on Stellar-ecosystem venues such as StellarTerm and Lumenswap, per the project's own materials.

Why does SHX exist on both Stellar and Ethereum?

SHX launched as a native Stellar asset, and DropsTab classifies it under Stellar with the Ethereum Ecosystem as a secondary category. The canonical Ethereum ERC-20 contract (0xee752…7084) carries the 100B supply cap and is verifiable on Etherscan. An upgraded Axelar interchain wrapper (0x516d…9787) with a 4.44B cap is reachable through the project's upgrade gateway, and the Stellar asset is traceable on Stellar Expert.