Plasma
XPL#96XPL is the native token of Plasma, a Layer 1 blockchain built for stablecoin payments with zero-fee USD₮ transfers.
- Market cap
- $424.59M
- Volume 24h
- $153.62M
- All-time high
- —
- Circulating supply
- 4.53B
Passes our 8 Shariah criteria. Needs caution: business model and excessive uncertainty (gharar).
- 6 pass
- 2 caution
- 0 fail
Verdict history
- HalalCurrent
First publication
Fundamentals, market picture and news will appear here.
About Plasma
XPL is the native token of Plasma, a Layer 1 blockchain built for stablecoin payments with zero-fee USD₮ transfers.
Plasma is a proof-of-stake blockchain designed for stablecoins. It lets users send USD₮ without fees, runs Ethereum-compatible smart contracts and aims to let apps pay gas in stablecoins. It launched on 25 September 2025. The company also runs Plasma One, an app with a Visa card and yield on stablecoin balances earned through DeFi protocols.
XPL pays for transactions and will reward validators. Validator rewards are planned at 5% annual inflation falling to 3%, starting only when outside validators and delegation go live; base fees are burned.
Initial supply was 10 billion XPL: 40% for ecosystem growth, 25% for the team, 25% for investors and 10% sold publicly. A third of team and investor tokens unlocked on 25 September 2026, and the rest unlock monthly until September 2028.
Sources · 5
AI-assisted analysis checked against sources. Not a fatwa or investment advice.
Key facts
- Launched
- Sep 25, 2025
- Consensus
- Proof of Stake
What it is used for
- Paying gas on Plasma
- Validator staking (delegation planned)
- Cashback rewards in Plasma One
- Spot trading on exchanges
Market data
- Market cap
- $424.59MRank #96
- Fully diluted value
- —
- Volume 24h
- $153.62M36.18% of market cap
- Total supply
- 10B XPLIssued so far
- All-time high
- —
- All-time low
- —
- Circulating supply
- 4.53B XPL
- Max supply
- —No fixed cap
Where it trades
Section in preparation
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