Convert between XCN and US dollars at the live rate.
$0.184139
−98.07% from current
$0.000706
+404.63% from current
Independent editorial ranking. Score is 0–10 across six criteria: Security, Fees, UX, Features, Support, Reputation.
US and EU users who prioritise a spotless security record — no major hack since 2011 — and want a serious pro-grade trading terminal.
Institutions and funds requiring an SEC-registered venue with segregated qualified custody and audited on-chain reserves.
Active spot traders chasing the deepest global liquidity and the widest listing catalogue outside the US perimeter.
Traders who mix spot and on-chain — the Web3 wallet, DEX aggregator and Ethereum L2 X Layer sit inside the same account as CEX pairs.
Long-horizon EU holders who want the oldest continuously-operating exchange (2011) with conservative listings and full MiCA licensing.
Derivatives-first traders who want tighter perp funding and a maker-friendly fee schedule; accept offshore regulatory footprint.
Top coins in the same category, ordered by market cap.
Onyxcoin (XCN) is the governance token of Onyx Protocol, the rebrand of a project that started life in 2014 as Chain. The original company, Chain.com, was an enterprise blockchain firm founded by Adam Ludwin and backed by Visa, Citi, Nasdaq, and Capital One. It built private ledger infrastructure for banks and payment networks before pivoting away from that model. After acquiring the Sequence cloud-ledger product line and several restructurings, the project relaunched as a public, retail-facing DeFi and scaling platform, with XCN as its native token.
XCN is an ERC-20 token on Ethereum used for governance over Onyx Protocol parameters, staking, and fee discounts inside the network. The 2024 rebrand to Onyx Protocol repositioned the project as a Layer 3 / scaling solution focused on cheap settlement and on-chain finance, sitting on top of Ethereum and modern L2s. For the underlying chain, see our Ethereum page.
XCN trades on most major spot venues. The deepest pairs are XCN/USDT and XCN/USD. Live data on this page comes from a multi-venue feed and refreshes every 60 seconds. The reference quote is volume-weighted across the most liquid order books. XCN reached an all-time high in late 2021 during the broader altcoin cycle and has traded inside a wide range since, with most of the price action concentrated around major rebrand and listing milestones.
What actually moves XCN on any given week:
The numbers in the price card above are live. For multi-year scenarios, see our Onyxcoin price forecast.
The history of XCN is unusual because the project has been through more reinventions than most. Chain Inc. was founded in 2014 as a Bitcoin developer platform, raised capital from Visa, Citi, Nasdaq, and Capital One, and pivoted to permissioned ledger software for banks. In 2018 the firm merged with Stellar-affiliated Lightyear and the Chain product line was largely shut down. The Sequence cloud-ledger product, originally built inside Chain, eventually became the home of the public token launch.
The takeaway: XCN is a token attached to a project with deep enterprise roots, repeated pivots, and a 10-year history of building infrastructure that did not always find a market. The Onyx Protocol chapter is the most ambitious attempt to give XCN a clear product story.
Onyx Protocol positions itself as a Layer 3 / scaling solution that settles to Ethereum-aligned L2s and offers a DeFi stack on top. The high-level design borrows from the modular thesis that has dominated the L2 conversation since 2023: separate execution, settlement, and data availability into distinct layers and let the application chain pick the trade-offs.
The technical bet is that DeFi-specific L3s can offer cheaper execution than general-purpose L2s while still inheriting Ethereum security. Whether that bet pays off depends on whether real liquidity migrates and whether the protocol can attract integrations from established DeFi blue chips.
XCN launched with a large total supply, a portion of which was distributed to legacy Chain Inc. backers and the community. The circulating supply has expanded steadily through scheduled unlocks. The token serves three primary functions inside Onyx Protocol.
XCN is a high-supply, low-unit-price token by design. That structure makes the token accessible at retail prices but also means market cap, not unit price, is the right metric to watch. For a contrast in tokenomics philosophy, see our Aave page which uses a small, capped supply.
XCN sits at an unusual intersection: a long enterprise lineage, a 2021 retail token launch, and a 2024 pivot to L3 and DeFi. The closest comparables depend on which angle matters most.
For traders, XCN is a small-cap DeFi/L3 position that tends to outperform in DeFi rallies and underperform in risk-off periods. For long-term holders, the question is whether Onyx Protocol delivers enough product traction to justify a re-rating versus the larger, more established L2 and DeFi peers.
XCN is listed on most tier-1 and tier-2 centralized exchanges and on Ethereum-based DEXs. A typical buy and stake flow looks like this:
If you plan to vote in Onyx governance, hold XCN in a wallet that supports delegation. XCN sitting on a centralized exchange does not vote on your behalf.
Holding XCN is a leveraged bet on the Onyx Protocol thesis: that a DeFi-focused L3 with a clear governance token can carve out share against established L2s and DeFi blue chips. The risks come in several shapes.
This page is information, not financial advice. Talk to a licensed advisor before allocating real capital.
Analysis last updated:
Onyxcoin (XCN) trades at $0.00356 with a 24-hour volume of $4.67M and a market capitalization of $138.39M. The asset is currently ranked #211 among all tracked cryptocurrencies.
In the last 24 hours, the XCN price has fallen +1.55%. On a seven-day window, Onyxcoin has retraced +1.05%, under sustained selling pressure on both windows. Short-term moves are often amplified by liquidity, news flow, and derivatives positioning, so confirm signals across multiple indicators before acting.
Onyxcoin's all-time high of $0.184139 was set on May 27, 2022. The current price sits +98.07% below that peak. Distance from the all-time high is a common reference point when evaluating long recoveries and macro support or resistance.
Buying Onyxcoin (XCN) is a five-step routine once you have picked the right venue and pair. The steps below mirror what most investors do today.
You can also use the Onyxcoin converter above to estimate how much XCN you would get for a given dollar amount before placing the order.
Whether Onyxcoin is a good investment depends on your goals, time horizon, and tolerance for volatility. Like all cryptocurrencies, XCN carries real market risk: prices can rise or fall sharply in a day, and past performance is not a reliable indicator of future returns.
This page provides data and analysis for educational purposes only. It is not financial advice. Always do your own research, diversify, and never invest more than you can afford to lose.
