Equity Overview
Price & Market Data
Price: $0.0351
Daily Change: +$0.0₅8 / 0.02%
Range: $0.035 - $0.0351
Market Cap: $3,360,941
Volume: 0
Details
Neutrino Index Token (XTN) is an algorithmic, crypto-collateralised asset within the Waves blockchain ecosystem, replacing the former USDN stablecoin. XTN is backed by a basket of tokens rather than a single asset, with its value influenced by the Backing Ratio (BR) rather than a fixed peg. It serves as a medium of exchange, staking asset, and collateral for DeFi applications. Developed under the Neutrino Protocol, XTN retains a decentralised governance model that allows the community to influence protocol decisions.