XION

XION

$0.6130
3,60%
XIONERC20ETH0x24D7ad9402717F429A81925fe7643B78918EdA8B2025-03-08
XIONERC20BASE0xe4c3461a20f50dad7b9e88ca0222a255c4126fc02025-03-08
XIONERC20OP0xe4c3461a20f50daD7B9E88ca0222A255C4126fC02025-03-08
XIONBEP20BNB0x7CCa7C8E9221462F634f957aa8512118953cd1272025-03-08
XIONERC20POL0x63635A4426c02764487e41eCf74ffFec308720562025-03-08
XION is the native utility token of the XION blockchain, a Cosmos SDK-based network designed for user-centric, abstracted dApps. It serves as the base denomination for transaction fees and on-chain execution, and is used across staking, governance, and smart contract operations. XION enables the creation of native tokens via the Token Factory module, requiring a 1000 XION fee, and supports IBC interoperability by default. Through Treasury Contracts, XION powers gas abstraction, allowing dApps to pay fees on behalf of users. It is also used to deploy, instantiate, and execute CosmWasm smart contracts. XION exists on the native chain and is also available as wrapped tokens on major EVM networks like Ethereum, Optimism, Base, Arbitrum, BNB Chain, Polygon, and Avalanche, enabling cross-chain liquidity and broader integration across decentralised ecosystems. Governance of the XION network is driven by token holders via on-chain proposals.

XION (XION) is the native utility token of the XION blockchain, a layer-1 network built with the Cosmos SDK and designed to support abstracted, user-friendly decentralised applications. XION is the base denomination for transaction fees and on-chain operations, represented in its smallest unit as uxion. The token is integrated natively into the blockchain’s fee, staking, and contract systems.

XION supports native token issuance via the Token Factory module, allowing the creation and management of fungible assets without deploying smart contracts. These tokens are natively interoperable with IBC and benefit from low gas usage, standardised formatting, and direct compatibility with the network’s bank module.

The token is also used within Treasury Contracts that facilitate gasless transactions by enabling dApps to sponsor user fees. This allows users to interact with contracts and perform transactions without holding XION themselves.

XION exists both on the native chain and as wrapped tokens on major EVM networks such as Ethereum, Optimism, Base, BNB Chain, Polygon, Arbitrum, and Avalanche.

The XION token has several core uses within the XION network:

  • Transaction Fees: XION is used to pay for transaction execution, including smart contract interactions and token transfers.
  • Staking: XION is staked by validators and delegators to secure the network and earn rewards.
  • Token Creation: A fee of 1000 XION is required to create a new token using the Token Factory module.
  • Gas Abstraction: Treasury Contracts use XION to pay transaction fees on behalf of users, enabling gasless interactions.
  • Smart Contract Deployment: XION is used to upload and instantiate CosmWasm contracts, and also to cover execution fees.
  • Governance Participation: XION holders can participate in network governance, including submitting and voting on proposals related to contract deployment and protocol upgrades.
  • Cross-Chain Liquidity: XION tokens are bridged to multiple EVM networks as ERC-20 equivalents for use in decentralised applications and liquidity protocols outside the native chain.

XION was created by Burnt Labs, a blockchain development team focused on building infrastructure to improve the accessibility and usability of decentralised applications. Burnt Labs also developed the Abstraxion library, which enables features such as account abstraction and gasless transactions. The project is maintained and supported by the broader XION developer and validator ecosystem, with governance decisions made by token holders on the network’s mainnet.