DeFi Intel

X Chain protocol

Protocol · PageRank 0.0000

Overview

X Chain (Exchange Chain) is one of the three built-in blockchains on the Avalanche network, designed for creating and trading digital assets such as tokens and NFTs. It uses Avalanche consensus and operates as a decentralized asset platform within the Avalanche ecosystem.

Relations

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Frequently asked questions

What is X Chain?

X Chain is the Exchange Chain on Avalanche, a dedicated blockchain for creating, issuing, and transferring digital assets without smart contract execution.

How does X Chain differ from the C-Chain?

The X Chain focuses on asset operations with a DAG-based structure, while the C-Chain is a smart contract platform compatible with Ethereum's EVM.

What types of assets can be created on X Chain?

X Chain allows creation of fungible tokens, non-fungible tokens (NFTs), and other custom digital assets, typically used for DeFi and digital collectibles.

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