About Stacks
STX is the native token of the Stacks network, which aims to enable DeFi, NFTs, apps, and smart contracts for Bitcoin. STX is used to pay transaction fees and can be locked directly on the network to earn BTC rewards.
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Buyer Ratio
Traders
191
3.8%
Buyers
134
24.07%
Sellers
67
-21.18%
Searched
230
Market Stats
Market Cap
$798.29M
FDV
$798.29M
Circ. Supply
1.8B STX
Max Supply
Not enough data
Total Supply
1.8B STX
Performance
Popularity
#82
Dominance
0.02%
Volume (24H)
$41.97M
129.7%
Volume (7D)
$151.65M
Volume (30D)
$1.35B
All time high
$3.84
Price Change (1Y)
-74.8%
Additional details
Market details
STX vs markets
↘ 84.59%
STX vs BTC
↘ 83.87%
STX vs ETH
↘ 83.25%
Tags
mineable
platform
collectibles-nfts
gaming
+6
Network & Addresses
Network | Address | |
|---|---|---|
Stacks | NA |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.44 | ↘ 2.77% |
1 Day | $0.46 | ↘ 2.77% |
1 Week | $0.42 | ↗ 4.53% |
1 Month | $0.58 | ↘ 23.87% |
1 Year | $1.76 | ↘ 74.80% |
FAQ
Stacks (STX) is a layer built on top of the Bitcoin blockchain, designed to expand the functionality of Bitcoin by enabling smart contracts and decentralized applications (dApps). It aims to make Bitcoin more than just a passive asset by unlocking its potential for use in sophisticated applications. Stacks uses a consensus mechanism known as Proof of Transfer (PoX), which allows it to connect with the Bitcoin blockchain, thereby benefiting from Bitcoin's robust security. The Stacks layer is designed to be scalable, enabling transactions that settle on Bitcoin. It uses the Clarity programming language, which is designed for safety and predictability, allowing developers to know with certainty what a contract will do before it executes.
Stacks operates by using the Bitcoin blockchain as its base layer. It introduces its own consensus model, known as Proof of Transfer (PoX), which allows users to transfer the base currency (BTC) to mine STX. This mining mechanism effectively bootstraps the security of the Stacks blockchain using BTC. All transactions on the Stacks layer are automatically hashed and settled on the Bitcoin blockchain, providing an additional layer of security. Stacks also uses the Clarity programming language for smart contracts, which is designed for safety and predictability. This allows developers to know with certainty what a contract will do before it executes.