Multiversx Ecosystem Coins
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Trending Multiversx Ecosystem Coins
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Top Gainers
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| | | | +0.63% | ||
| | | | +0.34% | ||
| | | | +0.30% | ||
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What Are MultiversX Ecosystem Coins?
MultiversX ecosystem coins are the coins and tokens that run on MultiversX, the layer 1 blockchain formerly called Elrond. This list ranks tokens on MultiversX by market cap, with live prices. It includes DeFi tokens, payment tokens, gaming tokens, meme coins and bridged tokens.
Quick Facts
- Blockchain type: Sharded layer 1 blockchain for smart contracts.
- Launch year: The mainnet launched in 2020 under the name Elrond.
- Rebrand: Elrond rebranded to MultiversX in 2022.
- Native coin: EGLD (eGold).
- Consensus: Secure Proof of Stake, where validators stake EGLD.
- Token standard: ESDT (eStandard Digital Token), built into the protocol.
How the MultiversX Blockchain Works
MultiversX splits its network into shards. A shard is a smaller part of the chain that handles its own share of transactions. This is called adaptive state sharding, and it lets the network grow by adding shards. Validators stake EGLD to make blocks and are chosen at random for each round. ESDT tokens are native to the protocol. This means tokens are handled by the chain itself, not by a separate smart contract. MultiversX also uses readable account names called herotags.
Types of Tokens on MultiversX
- Native coin: EGLD, used for fees, staking and governance.
- DeFi tokens: Tokens from lending and exchange apps, such as Hatom (HTM).
- Payment tokens: Tokens linked to payment apps, such as xMoney (UTK).
- Gaming and NFT tokens: Tokens from games like Age of Zalmoxis (KOSON) and Cantina Royale (CRT).
- Data and AI tokens: Tokens such as Itheum (ITHEUM).
- Meme coins: Community tokens such as BOBER.
- Bridged tokens: Coins from other chains, such as AERO and RIDE. They appear on this list because versions of them exist on MultiversX.
How to Buy MultiversX Tokens
- Use a wallet that supports MultiversX, such as the xPortal app or the MultiversX web wallet.
- Get some EGLD to pay fees. EGLD trades on many centralized exchanges.
- Swap EGLD for the token you want on a decentralized exchange on MultiversX.
- Check the token identifier before you buy. ESDT tokens have a ticker plus a unique code.
Risks
Many MultiversX tokens have low liquidity, so prices can swing on small trades. DeFi apps carry smart contract risk. Bridged tokens depend on the bridge that created them. Some older tokens from the Elrond era may belong to projects that are no longer active.
Related Lists
Frequently Asked Questions
- What are MultiversX ecosystem coins?
MultiversX ecosystem coins are tokens that run on MultiversX, the layer 1 blockchain formerly called Elrond. They include EGLD, DeFi tokens like Hatom, payment tokens like xMoney (UTK), gaming tokens, meme coins and bridged tokens. The list on this page ranks them by market cap, with live prices.
- What is MultiversX?
MultiversX is a sharded layer 1 blockchain that launched its mainnet in 2020 as Elrond. It splits the network into shards so it can handle more transactions. It uses Secure Proof of Stake, and its native coin is EGLD. Tokens on MultiversX use the ESDT standard, which is built into the protocol.
- Is MultiversX the same as Elrond?
Yes. Elrond rebranded to MultiversX in 2022. The blockchain, the EGLD coin and the tokens on it stayed the same. Only the brand changed, along with new product names such as the xPortal wallet. If you held EGLD or Elrond tokens before the rebrand, you did not need to swap them.
- What are the best MultiversX coins?
We do not give investment advice. The list above ranks MultiversX tokens by market cap, updated live. Well-known tokens include EGLD, Hatom (HTM), xMoney (UTK) and Itheum. To compare coins, look at market cap, trading volume, 24h price change and the age of the project. Check that the project is still active.
- How do I buy tokens on MultiversX?
Install a MultiversX wallet such as xPortal. Buy EGLD on a centralized exchange and send it to your wallet to pay fees. Then swap EGLD for the token you want on a decentralized exchange on MultiversX. Always check the full token identifier, since ESDT tokens add a unique code to each ticker.
- What are the risks of MultiversX tokens?
Many MultiversX tokens have low liquidity, so small trades can move prices a lot. DeFi apps carry smart contract risk. Bridged tokens rely on the bridge that issued them. Some tokens from the Elrond era belong to projects that may no longer be active, so their prices can be stale.