{
  "url": "https://blockindex.ai/coin/xyo",
  "name": "XYO",
  "links": {
    "github": "https://github.com/xyonetwork",
    "website": "https://docs.xyo.network/xyo-layer-one/what-is-xyo-layer-one",
    "whitepaper": "https://xyo.network/whitepaper"
  },
  "dScore": 33,
  "market": {
    "priceUsd": 0.003385612367508266,
    "marketCapUsd": 46727826.42467902,
    "volume24hUsd": 7914700.34317287,
    "priceChange7dPct": -4.80211946,
    "priceChange24hPct": -3.06589854
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": 13931216938,
    "circulating": 13801883190.505249,
    "circulatingPct": 99.0716263477172
  },
  "ticker": "XYO",
  "founder": "Arie Trouw, Markus Levin",
  "vcFunded": false,
  "updatedAt": "2026-06-19T06:00:21.832073+00:00",
  "fairLaunch": false,
  "launchYear": 2018,
  "description": "XYO is a Decentralized Physical Infrastructure Network (DePIN) project introduced in January 2018 that focuses on collecting, validating, and provisioning provable real-world data to both Web2 and Web3 applications. Originally conceived as a geolocation and proof-of-location protocol, XYO has evolved into a broader data-layer platform that ingests and validates varied telemetry and heuristic data types. The project emphasizes trustless, auditable data streams collected by a large distributed device footprint — a core competitive advantage it markets — and operates a dual organizational structure consisting of the XYO Foundation (protocol incubator) alongside XY Labs Inc., a U.S.-based for-profit operator that has engaged in regulated capital activity.\n\nFrom a technical perspective, XYO combines an externally traded ERC-20 utility token (XYO) with a purpose-built Layer One blockchain (XL1) intended to handle high-throughput, data-heavy workloads required for DePIN, RWA tracking, AI inputs, and other telemetry-driven applications. In practice today XYO the token is an ERC-20 on Ethereum (used for staking, rewards, and governance), while the team has described the launch of XYO Layer One and the native XL1 token to support on-chain gas and internal chain mechanics. Key product elements include proof-of-location and proof-of-origin primitives, a device network (Sentinels/Archivists/Diviners) that claims large-scale installs, and tooling for device onboarding and data verification via the COIN app and developer-facing documentation.\n\nXYO’s real-world use cases center on verifiable location and telemetry data for supply-chain verification, RWA tokenization, targeted data-collection campaigns, and AI training data provenance. The platform’s device-first model aims to monetize and route validated data into on-chain records and consumer/enterprise integrations; developers and enterprises can leverage documented APIs and the COIN app to integrate device feeds. The project positions XL1 as the ledger optimized for these high-throughput, small-payload data transactions while XYO remains the externally tradable staking and governance asset that can be staked to earn XL1 in the Layer One economy.\n\nTokenomics are presented as a dual-token design: XYO is the externally traded token (max supply ~13.93B; circulating ~13.65B) used for staking and governance, while XL1 is described as the native on-chain currency for gas and internal payments. Public market snapshots indicate active liquidity and listings on several tier-1 exchanges; the organization has also pursued regulated commercialization through XY Labs Inc., including a Regulation A qualification and tokenized company shares ($XYLB on tZERO ATS). Governance details in the available materials are higher level — staking mechanics and governance utility are referenced but specific on-chain voting mechanics and treasury governance models are not enumerated in the provided sources. Looking forward, the primary roadmap milestone called out in the materials is the public launch of the XL1 token and broader XYO Layer One functionality planned for later in 2025, alongside continued device onboarding and ecosystem integrations.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 2",
    "isToken": true,
    "consensus": "PoS",
    "parentChain": "ETH"
  },
  "dScoreComponents": {
    "autonomy": 0,
    "ageHistory": 13,
    "governance": 20,
    "nodeDistribution": 0,
    "initialDistribution": 0
  },
  "decentralizationVerdict": "Centralized Leaning"
}