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View ChartXaya (CHI) is the native currency of the Xaya blockchain, an open-source blockchain platform designed specifically for gaming. Launched on July 13, 2018 by a globally distributed team, Xaya enables developers to build complex, serverless games that run entirely on the blockchain. The project positions itself as a language- and blockchain-agnostic platform for creating fully decentralized, permissionless, trustless, and serverless games and dapps.
Xaya is code-forked from Bitcoin and Namecoin, using the blockchain as a base data store to ensure cryptographic security for games and applications. Its Game Channel technology supports computationally complex, real-time Massively Multiplayer Online games (MMOs) and dapps. The platform addresses scalability challenges for blockchains in both performance and computational complexity.
CHI is the native currency of the Xaya blockchain, with a total supply of approximately 67.56 million CHI and a circulating supply of roughly 58.42 million CHI. Wrapped CHI (WCHI) circulates on Ethereum and Polygon, broadening access to decentralized markets. The project remains in an active development and ecosystem-building phase, with staking rewards listed as coming soon.
Xaya was launched on July 13, 2018 by a team with members around the world. The project's founders include Andrew Colosimo, listed as Co-founder and CEO and described as a major contributor; Daniel Kraft; Konstantin Gorskov; Sebastian de Gruiter; and Ryan Smyth. An additional name appearing in project materials is Aya Korenberg.
The Xaya team previously introduced the world to blockchain gaming with the Huntercoin experiment in 2013, an early attempt at a fully on-chain game. Since then, the team has continued to push blockchain technologies forward, culminating in the Xaya platform. The project is open source and maintained by its community and developer base, with a presence across GitHub, forums, and social platforms.
Xaya uses the blockchain as a base data store, similar to how Namecoin operates, to provide cryptographic security for games and dapps. Its core innovation is the decoupling of state computation from the blockchain through Game State Processors (GSPs). GSPs are conceptually similar to smart contracts on Ethereum, but because computation is decoupled, they can be arbitrarily complex without bloating the core chain.
GSPs that implement Xaya Game Channels can deliver real-time, trustless gameplay. An unlimited number of channels can run in parallel, and each channel can process an unlimited number of moves between opening and closing, without incurring fees beyond those for opening and closing the channel. This design supports complex, real-time MMOs and other applications that would be impractical on a traditional blockchain.
Because Xaya is blockchain-agnostic, GSPs can be developed and run on other platforms such as Ethereum and side chains, leveraging their consensus mechanisms. Wrapped CHI can be used as the currency in those games, extending the utility of the token beyond the native Xaya chain.
Xaya's primary differentiator is its focus on fully decentralized, serverless gaming. By combining a Bitcoin- and Namecoin-derived base layer with Game State Processors and Game Channels, it solves scalability issues for both performance and computational complexity. This allows developers to build games that are permissionless, trustless, and entirely on-chain, without relying on centralized servers.
The platform's blockchain-agnostic approach is another key advantage. GSPs can run on Ethereum, side chains, and other platforms, and Wrapped CHI can circulate on Ethereum and Polygon, giving the token broader reach and interoperability. The dual-mining model, with SHA-256d merge-mined with Bitcoin and NeoScrypt mined via GPUs, provides both high security and broad distribution.
Xaya also has a track record in blockchain gaming dating back to the 2013 Huntercoin experiment. Its ecosystem includes applications such as Taurion, where the in-game currency cubits can only be purchased by burning CHI, creating a direct link between gameplay and token utility. These features position Xaya as a specialized infrastructure project for the gaming and metaverse sectors.
CHI is the native currency of the Xaya blockchain and functions as a utility token within the XAYA ecosystem. It serves as a medium for acquiring XAYA products such as apps and dapps. CHI is used to pay for transactions, open and close Game Channels, and interact with games and applications built on the platform.
In Xaya's Taurion game, the in-game currency known as cubits can only be purchased by burning CHI, which reduces the circulating supply and ties token demand to in-game activity. Wrapped CHI (WCHI) can be used as the currency in games built on other platforms, including Ethereum and side chains, and is tradeable on decentralized markets such as Uniswap and QuickSwap.
CHI is described as an application-specific cryptocurrency token rather than a general payment or settlement asset. Its utility is closely tied to the Xaya gaming ecosystem and the broader adoption of decentralized gaming applications.
The Xaya ecosystem is centered on blockchain gaming and includes several notable applications. Taurion is a game on Xaya where the in-game currency cubits can only be purchased through burning CHI. Soccerverse is referenced as the predominant source of network activity on the Xaya network, contributing to daily transaction and user metrics tracked on the project's statistics page.
Wrapped CHI (WCHI) has expanded the token's reach by enabling circulation on Ethereum and Polygon, with trading supported on Uniswap and QuickSwap. The project also tracks Name Activity and Network Activity, including total names, registrations, updates, daily active users, and weekly transaction totals. Staking rewards are listed as coming soon, indicating further planned development.
The Xaya ecosystem benefits from an open-source developer base and an active community across Twitter, Telegram, Discord, Medium, and its own forum. With a CertiK rating of 3.7 and ongoing development of Game Channels and GSPs, the project continues to build infrastructure for decentralized gaming and metaverse applications.
CHI can be mined using SHA-256d or a NeoScrypt variant. The reward structure allocates 25% of block rewards to SHA-256d miners and 75% to NeoScrypt miners. This dual-algorithm approach balances high security through SHA-256d with broad distribution through NeoScrypt.
Xaya SHA-256d is merge-mined with Bitcoin or any other SHA-256d coin, meaning it benefits from a significant percentage of Bitcoin's hashing power. This provides a high level of security for the Xaya network. Xaya's NeoScrypt is mined with GPUs, either solo or in pools. Known Xaya pools for the SHA-256 PoW algorithm are listed on mining pool statistics platforms, with live hashrate distribution, pool fees, and minimum payment comparisons available.
Staking rewards are not currently available but are listed as coming soon for a future update. Miners and node operators should ensure they use compatible mining software and join reputable pools to participate in securing the network.
Securing CHI begins with choosing an appropriate wallet. Since Xaya is a Bitcoin- and Namecoin-derived blockchain, users can store CHI in compatible wallets that support the Xaya network, including Xaya Core, the project's official decentralized information registration and transfer system. For Wrapped CHI (WCHI) on Ethereum, Polygon, Arbitrum, BNB Smart Chain, or Gnosis Chain, users should use reputable wallets that support those networks and their respective token standards.
Best practices include safeguarding private keys and seed phrases offline, never sharing them with anyone, and verifying contract addresses before interacting with tokens. The official Ethereum contract is 0x6DC02164d75651758aC74435806093E421b64605, and the Polygon contract is 0xE79feAAA457ad7899357E8E2065a3267aC9eE601. Users should double-check addresses on block explorers such as etherscan.io, explorer.xaya.io, and explorer2.xaya.io.
For additional security, consider using hardware wallets for long-term storage, enabling two-factor authentication on exchange accounts, and keeping software up to date. Be cautious of phishing attempts and unofficial links, and always download wallets and software from official sources such as xaya.io and github.com/xaya.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for CHI are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Xaya (CHI) is ₹0.828124. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated CHI to USD rate at the top of BTCC’s price page. In terms of market scope, Xaya records a 24h trading volume of ₹23.894741L (reflecting total buying and selling activity over the last 24 hours), with a total market cap of ₹5.687921Cr. Its current circulating supply stands at 5.84Cr out of a maximum supply cap of ∞.
The price volatility of Xaya (CHI) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as RBI or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (5.84Cr) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Xaya (CHI) hit an all-time high (ATH) of ₹213.758641 on 2021-11-16 07:40, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at ₹0.608291 on 2021-01-16 05:40. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading CHI futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (₹23.894741L), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s CHIUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Xaya, simply log into your BTCC account with USDT margin available, navigate to the CHIUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for CHIUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: ₹0.828124), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for CHIUSDT with zero financial risk.
Trading Xaya (CHI) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for CHIUSDT, and review its live price (₹0.828124) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
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