{
  "url": "https://blockindex.ai/coin/copxx",
  "name": "Global X Copper Miners xStock",
  "links": {
    "github": null,
    "website": null,
    "whitepaper": null
  },
  "dScore": 46,
  "market": {
    "priceUsd": 85.82,
    "marketCapUsd": 52180007.41635215,
    "volume24hUsd": 775.25960428,
    "priceChange7dPct": 3.6598623,
    "priceChange24hPct": -1.93120786
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": null,
    "circulating": 608016.86572305,
    "circulatingPct": null
  },
  "ticker": "COPXX",
  "founder": "N/A",
  "vcFunded": false,
  "updatedAt": "2026-06-19T06:00:15.044415+00:00",
  "fairLaunch": false,
  "launchYear": 2026,
  "description": "Global X Copper Miners xStock, traded as COPXX or COPXx, is a tokenized ETF exposure designed to track the Global X Copper Miners ETF through an on-chain instrument. Available market sources describe it as part of the xStocks framework powered by Backed, with the token intended to provide eligible investors access to ETF price exposure while retaining blockchain settlement characteristics. It is not a standalone cryptocurrency network and does not operate its own validator set, native block production, or independent monetary system. Instead, COPXX functions as a regulated tokenized asset product whose value proposition is tied to representing traditional market exposure in a transferable blockchain-native format.\n\nTechnically, COPXX is associated with the Solana ecosystem and is best understood as an SPL-style tokenized financial instrument rather than a Layer-1 blockchain. CoinMarketCap metadata references a Solana contract beginning with Xsybfi and ending with ffoALZ, though the full address was not visible in the supplied source text. Because COPXX does not maintain its own consensus mechanism, mining algorithm, node network, block timing, or chain history, those blockchain-native metrics are not applicable at the project level. Settlement and transfer behavior depends on the underlying Solana infrastructure, while asset issuance and backing are governed by the tokenized certificate framework rather than decentralized protocol issuance.\n\nThe core use case is tokenized exposure to the Global X Copper Miners ETF, allowing eligible users to access a traditional equity-market ETF wrapper through blockchain rails. This places COPXX in the broader real-world asset and tokenized securities category, where the main appeal is portability, settlement efficiency, and potential integration with crypto-native platforms. The supplied data confirms tracking by CoinMarketCap and DefiLlama, and Coinbase appears as the only verified centralized exchange listing in the wallet and exchange extraction. Wallet coverage is basic but broad enough to include Ledger, Electrum, MetaMask, and Phantom, reflecting support patterns around hardware, desktop, and browser-based custody tools.\n\nTokenomics are not comparable to mined or staked cryptocurrencies. COPXX has no confirmed maximum supply, premine percentage, public initial percentage, mining rewards, staking rewards, or fixed emission schedule. Supply appears tied to issuance and redemption of tokenized ETF tracker certificates, with sources reporting circulating supply snapshots around 390,732 COPXX and later variance in localized market data. Market data in the supplied snapshot included a price near $84.10, market capitalization near $32.86 million, 24-hour volume around $612.21, and an all-time high of $85.31 on May 7, 2026, though another localized snapshot indicated a later ATH reference.\n\nGovernance details for COPXX itself were not confirmed. No DAO, on-chain voting mechanism, community-governed treasury, founder identity, executive team, GitHub repository, open-source license, or project-specific roadmap was provided in the source material. The most relevant organizational reference is that the xStocks framework is powered by Backed, making corporate issuer and custody arrangements central to the product's trust model. Key risks include tokenized asset eligibility limits, reliance on the issuer and custody infrastructure, liquidity constraints, regulatory treatment, and dependency on Solana settlement availability.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 2",
    "isToken": true,
    "consensus": "Other",
    "parentChain": "SOL"
  },
  "dScoreComponents": {
    "autonomy": 0,
    "ageHistory": 5,
    "governance": 16,
    "nodeDistribution": 0,
    "initialDistribution": 25
  },
  "decentralizationVerdict": "Moderately Decentralized"
}