Onyx Protocol is a modular Layer 3 blockchain infrastructure designed for financial-grade applications, including cross-border banking, securities, payments, DeFi, and real-world asset (RWA) tokenization. Built on Arbitrum Orbit with settlement on Base and AnyTrust data availability, it delivers high performance while inheriting Ethereum’s economic security.

Core Features & Technology
– Consensus & Performance: Goliath consensus (aBFT) enables near-instant finality with an average block time of 1.2 seconds. The network supports thousands of TPS (Goliath mainnet targets up to 100K TPS), sub-second confirmations, and ultra-low fees averaging $0.00001 (consistently under $0.01).
– Architecture: Modular Layer 3 design with application-specific rollups, parallel execution, dynamic gas metering, and a dual-layer approach (public ledger for tokenization + private mesh for enterprise compliance and privacy).
– Compatibility: Fully EVM-compatible, with seamless interoperability via bridges (Super Bridge, Wormhole) supporting assets like bridged USDC.
– Onyx AI: On-chain autonomous agents for automated DeFi workflows, token management, cross-chain operations, and smart contract execution.
– Additional Tools: Gas-free smart wallets (ERC-4337 account abstraction), Liquid Staking, Goliath Swap, and DAO governance.

Tokenomics — $XCN
$XCN is the native ERC-20 utility, gas, and governance token:
– Uses: Pays transaction fees (with EIP-1559-style burns for deflation), staking for network security, and voting in the Onyx DAO.
– Supply: Maximum supply capped at ~48.4 billion (reduced via burns); circulating supply ~33–36 billion; over 170K on-chain holders.
– Economics: Deflationary pressure through fee burns and DAO-controlled emissions.

Key Metrics (as of latest data)
– Total transactions processed: 290M+
– Designed for institutional-grade scalability, low latency, and regulatory-friendly customization.

Governance & Ecosystem
Fully decentralized governance through the Onyx DAO, where $XCN holders participate in protocol upgrades, parameter adjustments, and treasury decisions. The project (originally founded in 2014 as Chain) has evolved into a modern financial ledger, with Goliath mainnet live and ongoing upgrades like Protocol V2 focused on compliance (positioning $XCN as a Digital Commodity Token).