Towns 

TOWNS Price

What is Towns (Social)?

Towns operates as a decentralized group chat protocol and application that enables users to build owned online communities. The system runs on an EVM-compatible Layer-2 chain and powers messaging apps such as Towns and SendIt through cryptographic networking and economic settlement.

Which blockchains host the TOWNS token?

The token exists on three EVM networks: Ethereum, Base, and Binance Smart Chain, with verified contracts on Etherscan, Basescan, and BscTrace respectively.

How is the token supply structured?

TOWNS uses an elastic supply model with no fixed maximum; new units can be minted or burned through the protocol mechanism, so the circulating count changes continuously.

What funding rounds has the project completed?

Three equity rounds have closed: a Series B in April 2025 raising ten million dollars at a one hundred million dollar pre-money valuation, and two Series A rounds in October 2024 and February 2023 each raising twenty-five point five million dollars at a two hundred fifty-five million dollar pre-money valuation.

Which investors participated in the raises?

Andreessen Horowitz led the Series B and the first Series A, joined by Coinbase Ventures and Benchmark; Framework Ventures and Benchmark also backed the second Series A.

What was the airdrop campaign?

An airdrop concluded on 5 August 2025, distributing TOWNS to eligible participants ahead of the token launch.

Where does TOWNS trade?

Spot markets operate on major centralized exchanges including Binance, Coinbase, Bybit, and KuCoin against USDT, USD, EUR, and TRY pairs, while perpetual futures list on Binance Futures, Bybit Futures, and Deribit; on-chain liquidity sits on Uniswap V4 (Ethereum), Uniswap V3 (Base), and Aerodrome SlipStream.