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Symbol

Symbol

XYM
#1308
$0.003151Up 3.67 percent($0.00)

Key Stats

Market Cap$28.36MUp 3.67 percent
Volume (24h)$69.36K
Fully Diluted Value$28.36M
Vol/Mkt Cap (24h)0.24%
Total Supply9.00B XYM
Max Supply9.00B XYM
Launch Date2021-03-01
Block Number4,127,228

Symbol Information

Websites
docs.symbol.devWhitepaper
Block Explorers
symbol.fyi
Industries
Platform

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SymbolXYM
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Symbol Markets

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InstrumentExchangeBenchmark DataPrice24h Change
SymbolUSDT logo
XYM-USDT
XYM_USDT
gateio logogateio
A
0.003194USDT
5.66%
SymbolUSDT logo
XYM-USDT
XYMUSDT
mexc logomexc
C
0.003150USDT
3.75%
SymbolJPY logo
XYM-JPY
xym_jpy
bitbank logobitbank
C
0.4970JPY
4.19%
SymbolJPY logo
XYM-JPY
XYMJPY
zaif logozaif
-
0.4905JPY
2.85%
SymbolUSDT logo
XYM-USDT
XYM_USDT
poloniex logopoloniex
C
0.002700USDT
-1.46%

About Symbol

XYM is a cryptocurrency used on the Symbol public blockchain. It is used to pay for transactions on the network, incentivizing nodes that process and record transactions. Symbol has features such as proof-of-stake-plus (PoS+), rule-based tokens called mosaics, namespaces, multisignature accounts, and aggregate transactions. Symbol is the successor to NEM and its client, Catapult, is written in C++.

Frequently Asked Questions

The Token Symbol (XYM) is a native cryptocurrency that powers the Symbol blockchain platform. This token plays a crucial role in the functionality of the platform by facilitating transaction fees and serving as the primary token in the Symbol ecosystem.

The Platform The Symbol blockchain is an enterprise-grade, hybrid blockchain platform developed by NEM Group. Symbol is designed to bring a series of enhancements to the NEM ecosystem, including better speed, usability, and security. It is particularly aimed at businesses, with features that enable the creation of specialized assets with configurable properties, multi-level multi-signature accounts, and an array of advanced plug-and-play features.

Symbol (XYM) is used for multiple purposes within the Symbol blockchain platform. It serves as the primary form of payment for transactions and data storage on the network. The token is also used to incentivize node participation in the network through rewards. Furthermore, businesses using Symbol can leverage XYM for the creation and management of their custom assets or smart contracts.

Additionally, XYM is a governance token, giving holders voting rights on critical matters concerning the network's development and evolution.

Symbol and its native token XYM were developed by NEM Group, an organization known for developing the NEM (XEM) blockchain. The group has extensive experience in blockchain technology and has fostered a strong and active community around NEM and now Symbol.