
Onyxcoin
XCN#147Onyxcoin (XCN) is the native coin of Onyx, a Layer-1 blockchain aimed at banks and financial institutions, launched in March 2026.
- Market cap
- $189.11M
- Volume 24h
- $5.59M
- All-time high
- —
- Circulating supply
- 39.58B of 68.89B
Passes our 8 Shariah criteria. Needs caution: interest (riba) and excessive uncertainty (gharar).
- 6 pass
- 2 caution
- 0 fail
Verdict history
- HalalCurrent
First publication
Long term: neutral. Now: neutral.
About Onyxcoin
Onyxcoin (XCN) is the native coin of Onyx, a Layer-1 blockchain aimed at banks and financial institutions, launched in March 2026.
Onyx is an EVM-compatible Layer-1 blockchain aimed at banks and financial institutions. Its mainnet launched on 27 March 2026 and uses asynchronous Byzantine Fault Tolerance (aBFT) consensus, with validators selected by staked XCN. XCN pays for gas, can be staked for stXCN, and is used for governance in the Onyx DAO.
XCN also exists as an ERC-20 on Ethereum and on BNB Chain and Base. About 39.53 billion XCN circulate out of 53.4 billion issued, with a maximum of 68.89 billion. Liquid staking rewards are set in a contract whose owner can change rates; the website showed about 30% APR on 1 October 2026.
In September 2026 Onyx agreed to acquire the technology of Chain.com, moved Chain’s institutional services onto Onyx Mesh, and opened a waitlist for Onyx Card, a card for spending XCN, USDC and ETH.
Sources · 8
AI-assisted analysis checked against sources. Not a fatwa or investment advice.
Key facts
- Whitepaper
- onyx.org/MiCA.pdf
- Consensus
- Proof of Stake
- Block time
- ~1 second
- Max supply
- 68,892,071,757 XCN
What it is used for
- Gas and transfers on Onyx Mainnet
- Liquid staking for stXCN and DAO voting
- Spending through the planned Onyx Card
- Spot trading on exchanges
Market data
- Market cap
- $189.11MRank #147
- Fully diluted value
- $329.15MAt 68.89B XCN
- Volume 24h
- $5.59M2.96% of market cap
- Total supply
- 53.4B XCNIssued so far
- All-time high
- —
- All-time low
- —
- Circulating supply
- 39.58B XCN57.5% of max supply
- Max supply
- 68.89B XCNFixed by protocol
Where it trades
Section in preparation
Similar halal assets
Halal verdict, same category