What is Coin98 (C98)?

Quick Facts

• Native token of the Ninety Eight (formerly Coin98 Finance) ecosystem
• Multi-chain support across 40+ blockchains
• Core products: Super Wallet, SwapX DEX aggregator, Space Gate bridge
• C98 token used for governance, staking, and fee discounts
• Non-custodial wallet keeps private keys on the user's device
• Launched on Binance Launchpad as its 20th project
• Available on Ethereum, BNB Smart Chain, Solana, and Polygon

Introduction

Coin98 is an all-in-one DeFi and Web3 platform built to simplify how users interact with the fragmented world of decentralized finance. By bundling a multi-chain wallet, a DEX aggregator, and a cross-chain bridge into a single ecosystem, Coin98 aims to be a unified gateway to the open internet.

The C98 token is the native governance and utility token that powers access, incentives, and community decision-making across the entire platform.

History & Background

Coin98 Finance was founded with the goal of making DeFi more accessible to everyday users who struggled with managing assets across dozens of blockchains. The project launched its C98 token as the 20th project on Binance Launchpad, giving it broad early visibility.

In 2023, the company rebranded under the name Ninety Eight, reflecting its expanded vision beyond a single wallet product into a broader Web3 ecosystem.

How Coin98 Works

Coin98 is organized around three core products:

• Coin98 Super Wallet — A non-custodial, multi-chain wallet supporting 40+ blockchains. Private keys are encrypted locally on the user's device, not stored on central servers.
• SwapX (Coin98 Exchange) — A DEX aggregator that scans multiple decentralized exchanges to find the best swap rates across supported networks.
• Space Gate — A cross-chain bridge that enables token transfers between different blockchains, supporting routes such as ERC-20 to SPL and BEP-20.

Together, these tools allow users to manage assets, swap tokens, and move value across chains — all from a single interface.

Tokenomics

The C98 token is a multi-purpose asset within the Coin98 ecosystem. Its key utilities include:

• Governance — C98 holders vote on protocol upgrades and treasury decisions.
• Staking — Users can lock up C98 tokens to earn staking rewards; staked tokens also represent voting power.
• Fee discounts — Holding or staking C98 unlocks reduced fees on platform services.
• Ecosystem access — Token holders gain exclusive privileges within the broader Ninety Eight ecosystem.

The distribution model allocates a significant portion toward ecosystem development and long-term community incentives.

Ecosystem & Use Cases

Coin98 targets users who interact with multiple blockchains and want to avoid switching between different apps and interfaces. Use cases include cross-chain trading, yield farming, liquidity provision, DeFi analytics, and portfolio tracking.

Through Coin98 Ventures, the project also supports DeFi developers by helping them secure fundraising, and through Coin98 Labs, new in-house products are researched and developed.

Team, Governance & Community

The project is structured across three entities: Coin98 Labs (product development), Coin98 Ventures (ecosystem investments), and the broader Coin98 Network. Governance is conducted on-chain via snapshot voting, giving C98 holders a direct voice in protocol decisions.

The community is active across Telegram and Twitter under the @coin98_wallet handle, with ongoing campaigns and creator programs for engaged users.

Advantages

• Multi-chain breadth — 40+ blockchain networks supported in one wallet
• Non-custodial security — Users retain full control of private keys
• All-in-one convenience — Wallet, DEX, and bridge in a single platform
• Active governance — C98 holders participate in real protocol decisions
• Staking rewards — Token holders can earn yield without leaving the ecosystem

Risks & Challenges

• Competitive market — Multi-chain wallets and DEX aggregators are a crowded space
• Smart contract risk — DeFi protocols always carry the risk of code vulnerabilities
• Token volatility — C98 has historically experienced large price swings
• Adoption dependency — Platform value is tied to sustained user and developer growth
• Regulatory uncertainty — DeFi platforms face evolving global regulatory environments

Long-Term Vision

Coin98's long-term ambition, now under the Ninety Eight brand, is to act as the primary gateway to the open internet — a single, seamless entry point for anyone looking to participate in DeFi and Web3 regardless of which blockchain they start from. As blockchain interoperability matures, the project aims to deepen cross-chain functionality, expand its product suite, and grow its community through developer tooling and ecosystem partnerships.